US Business News

Apple, Samsung Need to Dazzle in a Slow Market

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For the two largest players in the smartphone business, Apple and Samsung, the goal this year is to restore some luster to their brands. Both saw smartphone sales fall for the first time in 2016.

Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy

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The Government Accountability Office warned further changes to the Fed’s stock ownership requirement could have “wide-ranging policy implications” for the Fed’s structure, and could diminish the autonomy and independence of the 12 regional Fed banks.

Former SunEdison Executives File Whistleblower Lawsuits

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Two former executives at SunEdison, the solar-power company that filed for bankruptcy protection last year, filed whistleblower lawsuits claiming they were fired after sounding the alarm about the company’s precarious finances.

Volkswagen Sets New Pay Structure for Executives

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Volkswagen unveiled a new pay structure for top management to quell investor ire over the big bonuses paid to leading executives in the wake of its emissions-cheating scandal.

U.S. New-Home Sales Rose 3.7% in January

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New home sales rebounded in January after a steep decline in December, an indication that the new-construction market remains on the path to recovery despite bumps along the way.

U.S. Consumer Sentiment Falls But Remains Near Decadelong High

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A gauge of consumer sentiment fell slightly in February, but remained near a decadelong high, as self-identified Republicans and Independents remain confident in the economy after the election of Donald Trump.

GM, Tech Industry at Loggerheads Over Self-Driving Cars

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General Motors is backing legislation in numerous states that tech companies say is designed to put them at a disadvantage in the nascent market for autonomous vehicles. GM denies the claim.

Fed Isn't Ready to Cut Balance Sheet

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Fed Chairwoman Janet Yellen and other top central bank officials are in no hurry to reduce their $4.5 trillion portfolio of securities and other assets, effectively pushing back on several regional Fed bank presidents who have suggested starting the process this year.

Trump's Hard Line on Immigration Collides With U.S. Demographics

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President Trump hopes to deliver growth above 3% in the coming decade, which would be hard in the best of times. He and Republicans seem intent on making it harder by putting the brakes on immigration, Greg Ip writes.

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