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Wall Street Journal

Chinese Exiting U.S. Real Estate as Beijing Directs Money Back to Shore Up Economy

News Source: Wall Street Journal
Post Date: Tuesday - January 29, 2019 - 8:26pm
Chinese purchases of U.S. commercial real estate last year dwindled to their lowest level since 2012, as Beijing kept up the pressure on Chinese investors to bring cash home during a period of worsening economic growth. ...
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Pfizer Pivots to Cancer Drugs for Growth

News Source: Wall Street Journal
Post Date: Sunday - January 27, 2019 - 10:09pm
Pfizer is seeking a new round of growth by treating cancer and is among the big pharmaceutical companies trying to expand in oncology. ...
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Stocks Decline on Growth Worries

News Source: Wall Street Journal
Post Date: Tuesday - January 22, 2019 - 10:29pm
The Dow Jones Industrial Average fell more than 300 points, for its first decline in five sessions, as concerns over trade and global growth resurfaced. ...
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Carlos Ghosn’s Revised Bail Request Rejected by Tokyo Court

News Source: Wall Street Journal
Post Date: Monday - January 21, 2019 - 11:54pm
The Tokyo District Court again rejected the former Nissan chairman’s request for release on bail, despite his pledge to abide by strict bail terms, including wearing an ankle bracelet. ...
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Stocks Climb Higher As Fears of Economic Slowdown Subside

News Source: Wall Street Journal
Post Date: Friday - January 18, 2019 - 6:55pm
Indexes rose more than 1% and finished their fourth consecutive week of gains, as encouraging data offered relief to investors who were spooked late last year. ...
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Walmart Could Leave CVS Caremark Pharmacy Networks Amid Dispute

News Source: Wall Street Journal
Post Date: Tuesday - January 15, 2019 - 6:40pm
CVS Health is battling Walmart over the cost of filling prescriptions, a clash that could result in a split between the retail behemoth and the health-care giant. ...
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Trump Administration Plans Effort to Let States Remodel Medicaid

News Source: Wall Street Journal
Post Date: Saturday - January 12, 2019 - 9:34pm
The Trump administration is readying guidance that could let states remodel their Medicaid programs to more closely resemble block grant proposals, according to people familiar with the discussions. ...
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White House Aides Explore Alternative Ways to Pay for Wall

News Source: Wall Street Journal
Post Date: Friday - January 11, 2019 - 12:13am
White House officials are divided over whether President Trump should declare a national emergency to obtain funding to build a border wall and end a partial government shutdown. ...
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Ford to Slash Jobs, Shut Plants in Major European Revamp

News Source: Wall Street Journal
Post Date: Thursday - January 10, 2019 - 8:05pm
Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers. ...
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Trump Walks Out as Shutdown Talks Falter

News Source: Wall Street Journal
Post Date: Thursday - January 10, 2019 - 12:28am
As talks to end a partial government shutdown broke down, White House officials say an increasingly likely option is for President Trump to declare an emergency and try to use Pentagon funds to pay for a wall on the U.S.-Mexico border. ...
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Stocks Finish Day With Gains After Fed Minutes

News Source: Wall Street Journal
Post Date: Wednesday - January 9, 2019 - 10:09pm
U.S. shares edged higher, boosted by optimism over trade talks and signs the Federal Reserve will stay flexible with its interest-rate increases. ...
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Through Monsoons, Around Slums, Under Temples—Mumbai Builds Its First Subway

News Source: Wall Street Journal
Post Date: Sunday - January 6, 2019 - 11:02pm
More than 8,000 workers keep construction going 24 hours a day to finish the 21-mile rail line to speed 1.6 million riders beneath one of the world’s most crowded cities. “You have to actually cut open Mumbai’s belly.” ...
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U.S. Stocks Surge on Powell Remarks, Jobs Report

News Source: Wall Street Journal
Post Date: Friday - January 4, 2019 - 9:18pm
U.S. stocks rose sharply, bouncing back from their worst two-day start to a year since 2000. The Dow industrials rose 3.3%, the S&P 500 rose 3.4% and the Nasdaq Composite gained 4.3%. ...
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Car Sales Keep Pace in 2018, Defying Predictions of a Downturn

News Source: Wall Street Journal
Post Date: Thursday - January 3, 2019 - 11:52pm
The industry sold about 17.3 million vehicles in 2018, up less than 1% from a year earlier. That marked a record fourth straight year, surpassing the 17-million level, a resilient showing for an industry prone to boom-and-bust cycles. ...
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Tesla Shares Sink on Model 3 Delivery Miss, Price Cuts

News Source: Wall Street Journal
Post Date: Wednesday - January 2, 2019 - 7:24pm
Tesla reported Model 3 sedan deliveries that missed Wall Street’s estimates and said it would cut prices on all its vehicles, news that drove shares of the electric-car maker down nearly 7%. ...
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