US Business News

Wal-Mart Starts Layoffs at Headquarters

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Wal-Mart Stores was following through Friday on plans to cut nearly 1,000 corporate jobs.

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.

Janet Yellen Sticks to Steady Outlook on Rates

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Federal Reserve Chairwoman Janet Yellen said she doesn’t see the U.S. economy at risk of overheating and doesn’t expect growth to pick up much soon, comments suggesting the central bank is sticking to its plan of raising interest rates cautiously in the months ahead.

Brenda Barnes's Best Career Move: Quitting a Great Job

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Quitting her job at PepsiCo made Brenda Barnes famous. It also turned out to be a brilliant career move. After serving on corporate boards, which broadened her skills, she returned to the spotlight as president and later CEO of Sara Lee. Ms. Barnes died Jan. 17 at 63.

Mnuchin Defends Investments, Qualifications in Senate Hearing

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Donald Trump’s pick for Treasury secretary, Steven Mnuchin, brushed aside criticism from Democrats over his qualifications and investment holdings and sought to reassure lawmakers on a range of issues.

May Hints at Trump Rebuke in Vow to Lead on Free Trade

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British Prime Minister Theresa May said the U.K. would become a world leader in promoting the merits of globalization, underscoring her vision of an internationalist Britain outside the EU.

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