Two years ago, when startups were flush with money, hardware and software design companies were eager to work with them and get paid in cash and equity. These days, however, smaller design firms increasingly want just cash.
Rising out-of-pocket health care costs, combined with slow economic growth and years of tepid wage growth, pose risks for an economy in which consumer spending accounts for more than two-thirds of overall output.
The Obama administration took steps Thursday that could effectively force the closure of one of the nation’s largest for-profit college chains, banning ITT Technical Institute from enrolling new students who receive federal aid.
Wal-Mart in 2008 looked into an employee claim that cotton sheets provided by the big retailer’s supplier Welspun India might have been fake, according to ex-employees and documents reviewed by The Wall Street Journal.
U.S. airlines and aviation regulators are poised to break new ground by expanding voluntary safety-reporting efforts to include data from Canadian carriers, according to people familiar with the discussions.
Volkswagen has reached an accord with about 650 U.S. franchise dealers affected by its diesel-emissions crisis but is struggling to convince regulators to accept a fix for some half a million polluting vehicles still on U.S. roads, even if they can’t be made fully compliant with emissions regulations.