|AT&T-Time Warner Deal, an Early Trump Target, Reaches Milestone|
The government review of AT&T’s $85 billion takeover of Time Warner has reached an advanced stage, a significant milestone in a deal that was closely watched for signs of how the Trump administration would view large mergers.
|White House Pulls Plug on Infrastructure Advisory Panel|
The White House pulled the plug on a planned council that was to advise President Trump on rebuilding the nation’s infrastructure, an apparent victim of the Charlottesville furor.
|Wal-Mart Sales Rise as Retailer Dodges Industry Malaise|
Wal-Mart Stores Inc.’s sales rose in the latest quarter, boosted by an e-commerce surge and strong grocery sales, a sign that the world’s largest retailer continues to brush off the malaise afflicting some competitors.
|Cisco's Feud With Former Star Executive Turns Personal---And Costly|
Arista Networks is grabbing Cisco’s giant networking business, winning over its customers and rankling its top brass. The battle has divided CEO Jayshree Ullal and Cisco’s John Chambers, who were once close colleagues.
|Alibaba's Net Income, Revenue Surge on Growth in Online Sales|
The Chinese e-commerce giant’s efforts to expand product offerings and leverage big-data assets—all aimed at getting consumers and advertisers to spend more—appear to be working.
|In New Political Status Quo, Big Business Bucks the Right|
The schism that has opened between Corporate America and President Trump might look like an outlier, but in fact, big business has increasingly parted ways with Republicans on noneconomic issues, writes Greg Ip.
|U.S. Jobless Claims Dropped to 232,000 Last Week|
The number of Americans filing new applications for unemployment benefits dropped last week from already low levels, a sign of health in the U.S. labor market.
|Fed Officials Split Over Timing of Next Rate Increase|
New doubts over sagging inflation in the past few months are driving a split at the Federal Reserve about the timing of the next increase in interest rates.
|Summer Youth Unemployment Falls to Lowest Level Since 1969|
The unemployment rate for young Americans fell this summer to match the lowest level in nearly half a century. But there’s a big caveat: A far smaller share of them are looking for jobs.
|Clothing Discounters Offer a Retail Bright Spot|
Discount clothing sellers offered investors a rare alternative Thursday to woes in the retail sector, saying bargain-hunting customers are continuing to shop at value-focused stores.