President Donald Trump’s choice to lead the Justice Department comes with a track record that signals he could take a softer stance in policing mergers and promote a more business-friendly approach to prosecutions.
China and the United States concluded three days of talks Wednesday with a cautious sense of optimism that the world’s two biggest economies might be able to reach a deal that ends their bruising trade war.
A prolonged shutdown could muddle Eli Lilly and Co.’s plan to unload its stake in Elanco Animal Health Inc., the unit it spun off last year, Lilly CEO Dave Ricks said.
Eli Lilly and Co. won’t put the price of its prescription drugs in television ads, as the Trump administration has called for pharmaceutical companies to do, but will begin promoting a website where prices are available.
Kroger, America’s biggest supermarket chain, has remodeled two stores to test out the new features, which include “digital shelves” that can show ads and change prices on the fly along with a network of sensors that keep track of products and help speed shoppers through the aisles.
Russell Vought, acting director of the White House budget office, said customary rules will be changed to make the payments possible. About three-quarters of taxpayers receive annual refunds, giving them an incentive to file their returns early.
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as negotiations began in Beijing.
Sears representatives summoned liquidation firms and other advisers to emergency meetings after rejecting Chairman Eddie Lampert’s $4.4 billion bid to buy and operate Sears stores, sources said.
Stocks skyrocketed Friday after investors got good news on the economy, Federal Reserve policy and trade tensions.
The move by cable and satellite providers is meant at least in part to cover increasing costs for carrying networks and popular channels, but they risk exacerbating the trend of canceling service altogether.
Federal Reserve Chairman Jerome Powell said the central bank can be patient as it assesses risks to a U.S. economy and will adjust policy quickly if needed.
Bristol-Myers and Celgene combined will have nine products with more than $1 billion in annual sales and significant potential for growth in the core disease areas of oncology, immunology and cardiovascular disease.
Pharmaceutical giants Merck & Co. and Pfizer Inc. were kings of the Dow Jones industrial index during the year, while Eli Lilly and Co. was among the 20 largest gainers on the S&P 500.
Former U.S. President George H.W. Bush, Fiat Chrysler chief executive Sergio Marchionne and Microsoft co-founder Paul Allen were among newsmakers in government, business and finance who died in 2018.
After facing stagnant sales and weak customer traffic in 2018, many U.S. restaurant chains will encounter more headwinds next year, including rising food and wage costs.
The S&P 500 index posted its biggest single-session upward reversal since 2010 on Thursday, a day after the gauge capped its largest single-day advance since 2009.
Consumers seemed to be merry this year despite a stock market that has tumbled, a government shutdown that is entering its fifth day and ongoing trade tensions with China.
President Donald Trump renewed his attacks on the Federal Reserve, commenting publicly on the central bank for the first time following last week’s interest-rate hike and reports he has discussed firing Chairman Jerome Powell.
Pier 1, which has five stores in the Indianapolis area, unveiled an ambitious turnaround plan in April, but the retailer saw its sales slump deepen last quarter as it entered the critical holiday shopping period.
The courier has cut its financial outlook just three months after raising it, reflecting an abrupt change in FedEx’s view of the global economy.
