US Business News

Procter & Gamble Says It's 'On Track'

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Procter & Gamble offered a more upbeat outlook for sales growth this year as it posted better-than-expected organic sales for the latest quarter.

GE Revenue Slips, Hurt by Oil Woes

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General Electric’s revenue declined 2% in the fourth quarter, as the company was weighed down by a depressed oil industry and shipped fewer jet engines and power turbines than it had planned.

Schlumberger Looks Towards Growth After Posting Another Quarterly Loss

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Schlumberger’s chief executive expressed cautious optimism Friday that a two-year downturn that ravaged the world-wide energy industry has reached its bottom and recovery is on the way.

McDonald's Turns Up Heat in Russia

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McDonald’s is advancing into new territories such as Siberia and encountering familiar rivals such as KFC and Burger King, which built scores of restaurants in the past few years.

Economic Tests Await Trump

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President-elect Donald Trump inherits an economy in much stronger shape than at either of the past two inaugurations, but major questions loom over how he can boost productivity and deliver on his growth promises.

'Hidden Figures' Adds Up to a Hollywood Success Story

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The PG-rated, mid-budget drama featuring three African-American women as a trio of brilliant NASA workers during the age of the Space Race and Jim Crow has garnered attention in Hollywood because of its continuing box-office triumphs.

SEC Questions Herbalife Over China Anti-Corruption Efforts

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Herbalife said Friday that the Securities and Exchange Commission is investigating its anticorruption efforts in China.

Samsung Investigation Blames Battery Size for Galaxy Note 7 Fires

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An investigation into the cause of faulty batteries that led Samsung Electronics to pull all of its Galaxy Note 7 smartphones last year found that some batteries were irregularly sized, causing overheating, while others had manufacturing problems.

U.S. Oil Producers Ramp Up Spending

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U.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells.

The Trump Factor in Job Pledges: Analyzing the Numbers

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A dozen major companies have touted the creation of about 130,000 U.S. jobs since Donald Trump was elected president, vowing to keep jobs in America. How many of those come from Mr. Trump’s pressure and how many were already planned is harder to determine.

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