Hewlett Packard Enterprise suffered its steepest drop in quarterly revenue since it split from the PC and printer business, and lowered its outlook for the year, suggesting further weakness in corporate tech spending.
The top candidates for FTC chairman are Utah attorney general Sean Reyes, who favors greater scrutiny of Google, and current acting Chairman Maureen Ohlhausen, a veteran official of the consumer-protection agency.
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.
Treasury Secretary Steven Mnuchin laid out ambitious goals to secure a tax-code overhaul by August and to deliver economic growth at rates not seen in more than a decade in his first interview in his new job.
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.