Wall Street Journal Online – WSJ

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Wall Street Journal Online – WSJ

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  • Congressional leaders said they had reached an agreement on a two-year budget deal, charting a path out of the turmoil over spending and immigration that had shuttered the government last month and left its long-term funding in jeopardy.

  • BlackRock is looking to raise more than $10 billion that it would use to buy and hold stakes in companies, replicating the approach of Warren Buffett’s Berkshire Hathaway.

  • Vice Media, working to stabilize its executive ranks, endured a substantial revenue miss last year and is trying to fend off shareholders pressing for an exit.

  • Google’s video site often recommends divisive, misleading or false material despite changes it has made to highlight more-neutral content, a Wall Street Journal investigation found. The culprit is an algorithm that picks clips that get people to stay.

  • Gambling regulators continue to raise questions about Steve Wynn, who resigned as chief executive of Wynn Resorts and still controls a 20% stake in the company, and his ties to the board.

  • Don’t worry about stock-market volatility: It is perfectly normal. Do worry about how stocks got so high to start with because it is evidence of an economy still abnormally dependent on low interest rates and richly priced assets.

  • North Korea told the South that it intends to send the younger sister of leader Kim Jong Un to the Winter Olympics in South Korea, a move that raises the prospect of high-level talks with Seoul and, possibly, the U.S.

  • Associates of two FBI employees said a 2016 text released Wednesday refers to briefing of then-President Obama about Russian election interference, while a Republican senator said it raises questions about meddling in the Hillary Clinton email investigation, which wasn’t an active probe at that time.

  • Tesla signaled it is making progress in overcoming its early production troubles building the Model 3 sedan, telling shareholders it expects to generate its first sustained operating profit sometime this year.

  • SoftBank Group is in advanced talks to buy a stake in reinsurance giant Swiss Re that could be worth $10 billion or more, in the latest example of the Japanese conglomerate’s soaring ambitions.

  • Many Prince fans were shocked when video of the late artist appeared during the Super Bowl halftime show. The current arbiter of his image and legacy? A regional bank.

  • More than a dozen Iranian women appeared without their Islamic headscarves in pictures and a video shared on social media, defying a government crackdown amid a new phase of discontent in the conservative Muslim country.

By | 2018-02-08T05:45:03+00:00 February 8th, 2018|0 Comments

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