What’s News
Earnings Recovery Set to Propel Stocks Higher in 2017
Much of the recent market rally has been attributed to Donald Trump’s election, but it also coincided with a fundamental improvement: U.S. companies’ return to earnings growth. in 2 days
Trump Criticizes House GOP Moves to End Ethics Board Independence
House Republicans are moving to eliminate the independence of the chamber’s nonpartisan ethics board,in a move that has triggered swift pushback from Democrats, government watchdog groups and the president-elect. 383in 2 days
Tension in GOP Rises Over Russia
Tensions over how to handle Russia are becoming increasingly public as the Senate prepares for confirmation hearings on Rex Tillerson and presses ahead with a review of cyberattacks. 401in 2 days
Trump Targets GM on Chevy Cruzes Imported From Mexico
Donald Trump said General Motors needs to be taxed for certain versions of the Chevrolet Cruze that it imports from Mexico to U.S. dealers. 61in 2 days
A shift to bigger vessels, like Maersk's Triple-E giant containership Maersk Majestic, has been contributing to congestion and delays at port.
Shipping Alliances Shore Up Industry, Worry Customers
Three shipping alliances born of industry travails are poised to dominate ocean trade for years to come, worrying customers about the prospect of fewer sailings and higher rates. in 2 days
Brent Crude Hits 17-Month High on Plan to Curb Output
Oil futures began the year with a jump, with Brent hitting a more-than one-year high, boosted by optimism that the crude production cuts agreed to late last year will help to drain global stockpiles. in 2 days
Champions of 401(k) Lament the Revolution They Started
The dominant vehicle for retirement savings has fallen short of its early backers’ rosy expectations. The culprits: longer life spans, high fees and stock-market declines. Some early proponents of the 401(k) now say it wasn’t designed to be a primary retirement tool. 492in a day
Markets
Fidelity Embraces What It Once Avoided: The ETF
Abigail Johnson resisted exchange-traded funds because of potential costs of committing to such lower-margin products. But changes in the money management industry forced the chief of Fidelity Investments to alter that strategy. in 2 days
Swiss Are Frank About Love of Cash
The Swiss use cash regularly to pay for purchases large and small, and their affinity shows no sign of abating. 59in a day
Indonesia Cuts Ties With J.P. Morgan Over Downgrade
Indonesia’s government has cut its business partnerships with J.P. Morgan Chase, faulting a recent equities downgrade by the U.S. bank that officials say could destabilize the nation’s financial system. in 2 days
Bond Trader Litvak Goes Back on Trial
A securities-fraud case that triggered widespread changes to Wall Street’s sales tactics is once again in the spotlight as a former Jefferies bond trader goes back on trial. in 2 days
Shell Seeks to Streamline in 2017
Shell helped sell investors on its $50 billion acquisition of BG Group by promising to unload $30 billion in assets. The asset sales have become crucial for retaining shareholder confidence. in 2 days
ISM: U.S. Factory Activity Accelerated in December
Growth in U.S. factory activity accelerated in December, a sign of stronger momentum in a key sector of the economy headed into the new year. in 2 days
SpaceX Launches to Resume
Elon Musk’s SpaceX said it plans to resume rocket launches on Jan. 8, using revised operational practices developed in response to a fiery accident that occurred during routine ground preparations last fall. in 2 days
U.S. Gears Up to Restrict Chinese Investment in Chip Industry
The Obama administration is finalizing a study that could lead to restrictions on Chinese investment in the U.S. semiconductor sector. in 2 days
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