|Comcast Drops Bid for Fox Assets, Will Pursue Deal for Sky|
Comcast said it was dropping its pursuit for most of 21st Century Fox, ending a bidding war with Walt Disney, but said it would continue its pursuit of European pay-TV giant Sky PLC.
|Microsoft's Revenue Gets Lift From Cloud|
The software giant said it topped $100 billion in annual revenue for the first time. Revenue from server products and cloud services rose 26% in the fiscal fourth quarter.
|Google Faces Uphill Battle in Appealing EU Android Fine|
Google has a tough task appealing its $5 billion fine from the European Union, but the challenge isn’t insurmountable.
|On Amazon, Fake Products Plague Smaller Brands|
Amazon has made it easy for small brands to sell their products to large numbers of customers, but that has also enabled some counterfeiters to cut into their business.
|China Has 487 Electric-Car Makers, and Cities Want More|
Partnerships between cities and electric-car startups are springing up all over China, spurred by Beijing’s call for the country to become a world power in electric-vehicle technology and by local governments eager to jump on the bandwagon.
|America's Factory Towns, Once Solidly Blue, Are Now a GOP Haven|
In one generation, manufacturing districts have flipped from Democratic strongholds to Republican ones. The swing is remaking both parties on issues from trade to social policy—and could shape the midterm elections.
|U.S. to Toughen Foreign-Investment Reviews Amid Trade Fight With China|
Congress is poised to strengthen the procedures for vetting both foreign investments in the U.S. and overseas transactions involving cutting-edge American technology.
|Trump Criticizes Fed Rate Rises in Break With Policy Custom|
President Donald Trump said he hoped the Federal Reserve would stop raising interest rates, delivering an unusual censure of the central bank.
|U.S. Jobless Claims Hit Lowest Level Since 1969|
The number of Americans claiming new unemployment benefits fell last week to the lowest level in nearly five decades.
|Following the Fed, Central Banks Are Ready to Raise Rates|
A growing number of the world’s central banks are poised to join the U.S. Federal Reserve in lifting interest rates in coming months amid solid global growth, though those plans could be scrambled by rising trade tensions between the major economies.