US Business News

U.S. Jobless Claims Decline Signals Still Healthy Labor Market

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The number of Americans applying for first-time unemployment benefits fell last week, a sign the labor market remains in expansion mode.

Strong Dollar Has Companies Counting the Cost---And Opportunities

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The dollar is on a tear, and that is shaping corporate strategy on both sides of the Atlantic. U.S. exporters are bracing for tough times. For European exporters, by contrast, the dollar’s strength has created opportunity.

Michael Jordan Scores China Win

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NBA great Michael Jordan has claimed a victory in China, with the nation’s high court ruling that a Chinese sportswear company can’t sell merchandise using his name in Chinese characters.

Shell Signs Preliminary Iran Oil Deal Despite Trump Doubts

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Shell said it had signed an agreement with Iran’s state oil company to explore future projects, signaling that giant energy companies are unlikely to be deterred by President-elect Donald Trump’s pledge to undo the Iran nuclear deal.

Number of 2016 Holiday Fliers on U.S. Airlines Expected to Rise 3.5%

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About 45.2 million passengers are expected to fly globally on U.S. airlines during the 21-day holiday period from Dec. 16 through Jan. 5, up 3.5% from the same period in 2015, according to the leading airline trade group.

When Presidents Defy Economic Gravity, Gravity Usually Wins

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Donald Trump is going to discover, just as previous presidents have, that altering the forces of economics is harder than it seems at first, Greg Ip writes.

The Economy's Hidden Problem: We're Out of Big Ideas

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There is a yawning chasm between what innovation promises for the economy and what it is delivering. Outside of personal technology, improvements in everyday life have been incremental, not revolutionary. A Wall Street Journal series explains why that is and looks at ways to reboot.

Pfizer Fined $107 Million for Overcharging U.K. for Epilepsy Drug

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Pfizer has become the latest drugmaker taken to task for high prices after U.K. authorities hit the company with a record $107 million fine over the price of an anti-epilepsy drug.

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