US Business News

Peugeot Resumes Dividend as Profit Jumps

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Peugeot, the French car maker in advanced talks to buy the European operations of General Motors, will pay its first dividend for six years after posting a sharp rise in net profit for 2016.

Google Team Cracks Longtime Pillar of Internet Security

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A cryptographic technology long central to internet security has been dealt a knockout blow by researchers at Google and a Dutch research institute.

In Handing Off Nissan, Ghosn Focuses on the Broader Alliance

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Carlos Ghosn solved one succession issue at his global auto alliance, tapping a longtime lieutenant to run Nissan, but it may take a Ghosn clone to address the rest of the challenges

Brazil Graft Scandal Has Firms Bulking Up Compliance Ranks

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Companies in Brazil are racing to hire compliance officers to root out corruption, in a sign that the country’s investigation into graft at its state-run oil company is prompting a wider cleanup of Brazilian business.

Business Leaders Send Trump Their Deregulation Wish List

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The Business Roundtable, whose members include executives on the president’s manufacturing advisory council, identified more than a dozen major regulations it said should be revamped or scrapped across labor, health, finance and the environment.

Border-Adjustment Tax Divides Energy Sector

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The proposal could benefit companies that export fuel products or sell domestic crude by making imported oil more expensive, but it also could hurt companies that must import crude from other countries.

Norwegian Air Announces New U.S. Trans-Atlantic Flights Costing From $65

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European budget carrier Norwegian Air Shuttle said it would begin flying single-aisle planes nonstop from the U.S. to Europe starting in June bringing direct trans-Atlantic flights to a new range of East Coast cities not typically served by such links. The airline is promising fares as low as $65.

Casino Companies Seek a Foothold in Georgia, a Gambling Holdout

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The world’s largest casino corporations have set their sights on Georgia this year, hoping state legislators will consider opening up one of the nation’s last untapped regional markets to full-service gambling.

IRS Audits of Individuals Drop for Fifth Straight Year

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U.S. tax audits of individuals declined for the fifth straight year in 2016 and reached the lowest level since 2003, according to preliminary Internal Revenue Service data released on Wednesday.

U.S. January Home Sales Reach Highest Level in a Decade

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U.S. home sales rose in January to the highest level since February 2007.

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