|Best 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-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-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 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 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 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 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 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 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 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.