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.
One of the thorniest tasks awaiting a seven-member board charged with cleaning up Puerto Rico’s debt crisis is deciding how to balance a $70 billion debt load with nearly $43 billion in unfunded pension liabilities.
Federal Reserve officials sought to reassure a group of labor activists that the central bank isn’t going to cool down the economy just as a stronger labor market is reaching a broader swath of Americans.
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.
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.
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.
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.
Central bankers are gathering in Jackson Hole, Wyo., for an annual economic symposium, this year titled “Designing Resilient Monetary Policy Frameworks for the Future.” Here are several things to watch.