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Best Buy Defies Slump in RetailBest Buy Defies Slump in Retail

Best Buy, the electronics giant left for dead a few years ago, is bucking America’s retail slump by turning its cavernous stores from a potential drag on its business into a way to fend off Amazon.

Ad Agencies Target Cannes Festival Amid Broader Cost-CuttingAd Agencies Target Cannes Festival Amid Broader Cost-Cutting

Ad agencies are looking to trim costs, from hiring to spending on Cannes, as the ad business runs into headwinds.

Microsoft Tries to Take On Twitch at Videogame Live-StreamingMicrosoft Tries to Take On Twitch at Videogame Live-Streaming

Microsoft on Thursday is launching its own videogame live-streaming service called Mixer, setting up yet another battle among some of the biggest names in the technology industry.

Saudi Aramco Struggles to Disengage From Royal Family's WhimsSaudi Aramco Struggles to Disengage From Royal Family's Whims

The kingdom is hoping to launch what would be the world’s largest IPO, but first it has to decide whether the oil giant will continue as a de facto arm of the monarchy.

China's Lenovo Reboots After Losing PC Crown to HPChina's Lenovo Reboots After Losing PC Crown to HP

China’s Lenovo Group is shaking up its operations as it seeks to reclaim the title of global leader in personal computers and shore up its smartphone business.

Trump Officials Offer Differing Views on Tax PlanTrump Officials Offer Differing Views on Tax Plan

Senior Trump administration officials split with each other publicly Thursday on a core feature of the president’s tax plan.

U.S. Jobless Claims Rose Slightly Last WeekU.S. Jobless Claims Rose Slightly Last Week

he number of Americans applying for first-time unemployment benefits ticked up last week, though overall numbers remain consistent with steady job gains.

Fed Minutes Signal Officials Ready to Raise Rates Again SoonFed Minutes Signal Officials Ready to Raise Rates Again Soon

Federal Reserve officials expected at their meeting this month that it would “soon be appropriate” to raise rates, according to minutes of the gathering, a signal the central bank could lift its benchmark rate in June.

China Hitches Yuan to the Dollar, Buying Rare CalmChina Hitches Yuan to the Dollar, Buying Rare Calm

China’s central bank appears to have effectively pegged the Chinese yuan to the dollar in recent weeks, a policy twist that has helped stabilize the currency in a year of political transition.

Trump's Nationalism Veers Right While May's Shifts to CenterTrump's Nationalism Veers Right While May's Shifts to Center

The conservative parties in the U.S. and U.K., buoyed by a nationalist push against immigration and trade, face a once-in-a-generation choice: shift toward small-government conservatism, or reach across traditional divides by appealing to workers? Trump and May appear to have chosen differently.