The Wall Street Journal
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FedEx Closes Pension Plan to New Hires
Paul Ziobro - WSJ 2h 1 tweets
FedEx is closing its pension plan to new U.S. hires starting next year, joining the ranks of large U.S. companies phasing out guaranteed retirement benefits.
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The Wall Street Journal FedEx is closing its pension plan to new U.S. hires starting next year, joining the ranks of large U.S. companies phasing out guaranteed retirement benefits 2h
Kylie Jenner Sells $600 Million Stake in Beauty Business
Sharon Terlep - WSJ 11h 1 tweets
Coty is paying $600 million for a controlling stake in Kylie Jenner’s cosmetics startup, wagering that the celebrity’s brand can revive a struggling beauty business based on CoverGirl and MaxFactor.
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The Wall Street Journal Coty plans to pay $600 million for a controlling stake in Kylie Jenner’s cosmetics startup, valuing the celebrity’s brand at $1.2 billion 11h
Yahoo Japan and Chat App Line Agree to Merge
Takashi Mochizuki - WSJ 22h 1 tweets
Internet portal Yahoo Japan and chat app Line said they have a basic agreement to merge in a deal that includes buying out Line’s minority shareholders.
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The Wall Street Journal Yahoo Japan and chat app Line plan to merge, saying after the tie-up they would aim to become "one of the world's leading artificial intelligence technology companies" 22h
Warren’s ‘2 Cents’ Come at Your Expense
Andy Puzder - WSJ 7d 2 tweets
Her levy on wealth would sink stocks, raise interest rates, and confiscate far more than she admits.
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The Wall Street Journal From : Elizabeth Warren’s levy on wealth would sink stocks, raise interest rates, and confiscate far more than she admits, writes 25h
Hong Kong Police Officer Shot With an Arrow at University Battle
Steven Russolillo - WSJ 35h 5 tweets
Protesters shot a police officer in the leg with an arrow, started a large fire, and blocked a key tunnel, pushing back police firing water cannons and tear gas near a fortified university as tensions flared following one of the most violent weeks...
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The Wall Street Journal Police charged demonstrators at Hong Kong Polytechnic University, firing tear gas and a water cannon in a bid to end a standoff with protesters 26h
Study Finds Limited Benefits of Stent Use for Millions With Heart Disease
Betsy McKay - WSJ 53h 10 tweets
Stents and coronary artery bypass surgery are no more effective than intensive drug treatment and better health habits in preventing millions of Americans from heart attacks and death, a large study found.
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The Wall Street Journal Stents and bypass surgery are no more effective than drug treatment and better health habits in preventing heart attacks and death, a study found 53h
Innovation Should Be Made in the U.S.A.
WSJ 3d 16 tweets
Offshoring by American companies has destroyed our manufacturing base and our capacity to develop new products and processes. It’s time for a national industrial policy.
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The Wall Street Journal America’s edge in high-tech innovation is precarious. To maintain it, we need an industrial policy to keep advanced manufacturing know-how in the U.S. 58h
Venice’s Rising Tides Leave Businesses Struggling to Stay Afloat
Eric Sylvers - WSJ 3d 2 tweets
Flooding in Venice has caused widespread damage throughout the city, where businesses were hit hard because they tend to occupy the ground floor along the narrow streets and are exposed to water overflowing from the canals.
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The Wall Street Journal “If we lose the Christmas and New Year’s business we are finished.” Venice’s small-business owners struggle to keep afloat in floods. 3d
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The Wall Street Journal “If we lose the Christmas and New Year’s business we are finished.” Venice’s small-business owners struggle to keep afloat in floods. 40h
WSJ News Exclusive | Federal Prosecutors Probe Giuliani’s Links to Ukrainian Energy Projects
Rebecca D. O'Brien - WSJ 3d 10 tweets
Federal prosecutors in New York are investigating whether Rudy Giuliani stood to personally profit from a Ukrainian natural-gas business pushed by two associates who also aided his efforts there to launch investigations that could benefit President...
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The Wall Street Journal Breaking: Prosecutors are investigating if Rudy Giuliani stood to profit from a Ukraine natural-gas business pushed by two associates, say people familiar with the matter 3d
How Google Interferes With Its Search Algorithms and Changes Your Results
Kirsten Grind, Robert McMillan, Sam Schechner - WSJ 3d 37 tweets
Pressed by businesses, interest groups and governments, the internet giant uses blacklists, algorithm tweaks and an army of contractors to shape what you see.
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The Wall Street Journal Blacklisting websites. Favoring big businesses. Editing autofill responses. This is how Google engineers what you find online. 3d
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The Wall Street Journal Every minute, an estimated 3.8 million queries are typed into Google. The company exerts increasing control over the results. 3d
School Shooting Leaves at Least Two Dead in Southern California
Zusha Elinson - WSJ 4d 1 tweets
A 16-year-old killed two fellow students and wounded three others before shooting himself at a high school in Southern California as the school day began, according to local law-enforcement officials.
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The Wall Street Journal At least two students were killed and several wounded after a 16-year-old opened fire Thursday morning at a high school in Santa Clarita, Calif. Suspect is in custody after a self-inflicted gunshot wound, authorities say. 4d
Honesty Is the Best Expense Policy
Dan Ariely - WSJ 4d 1 tweets
A behavioral economist answers questions on workplace ethics, the risks of e-cigarettes and mourning a spouse.
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The Wall Street Journal Should employers create detailed policies for expense reimbursement or set out general principles for workers to follow? Behavioral economist Dan Ariely has the answer. 4d
Can Religion Still Speak to Younger Americans?
WSJ 4d 2 tweets
Among 18- to 29-year-olds, 44% declare that they have no religious affiliation. Maybe it’s because their idea of faith is too narrow.
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The Wall Street Journal Among young people in the U.S., the fastest-growing religious identification is “None.” But that doesn’t mean they have lost their need for meaning and ritual. 4d
Stop Calling China’s Xi Jinping ‘President,’ U.S. Panel Says
Kate O'Keeffe - WSJ 4d 3 tweets
A bipartisan commission convened by Congress wants everyone to stop calling Chinese leader Xi Jinping “president,” arguing the term implies Mr. Xi is elected by a popular democratic vote.
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The Wall Street Journal “China is not a democracy, and its citizens have no right to vote, assemble, or speak freely,” says a U.S. commission that wants everyone to stop calling Xi Jinping president 4d
Disney Reports 10 Million Users for Its New Streaming Service
Erich Schwartzel - WSJ 5d 1 tweets
Reaching 10 million subscribers about 24 hours after the formal launch of Disney+ appears to be a robust start, but it’s unclear how much each of those customers is worth to Disney.
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The Wall Street Journal Disney's flagship streaming service has signed up 10 million users, the company said the day after Disney+ launched 5d
Duke, MIT, USC, Cleveland Clinic to Split $1 Billion Gift
Melissa Korn - WSJ 5d 2 tweets
Four institutions have received windfalls of $261 million each after closely held manufacturing company Lord Corp. closed its $3.68 billion sale late last month to Parker Hannifin.
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The Wall Street Journal Duke University, MIT, USC and the Cleveland Clinic are each getting a $261 million windfall after the sale of a North Carolina manufacturing company 5d
WSJ News Exclusive | Next in Google’s Quest for Consumer Dominance—Banking
WSJ 6d 14 tweets
Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance.
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The Wall Street Journal Google wants to be your checking account. It is Silicon Valley’s latest effort to burrow into your financial life. 6d
Schumer Urges Army to Avoid Recruiting on TikTok, Citing China Fears
Ben Kesling - WSJ 6d 1 tweets
The Senate minority leader is raising concerns about the U.S. Army’s use of video-sharing app TikTok and other Chinese-owned social-media platforms for recruiting, citing the potential for Beijing to access personal data.
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The Wall Street Journal Sen. Chuck Schumer (D., N.Y.) raises national security alarms over the U.S. Army’s use of video-sharing app TikTok and other Chinese-owned social-media platforms for recruiting 6d
Hong Kong Protests Take Over Universities, Business District
Steven Russolillo - WSJ 7d 2 tweets
Antigovernment protesters wreaked havoc for a second straight day, with train service disrupted, schools closed and roads blocked a day after one of the bloodiest episodes of unrest in more than five months of demonstrations.
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The Wall Street Journal “What is happening now is not sustainable,” a faculty member at the University of Hong Kong said. “What happens is that the police come, there is a fight, people get arrested. And then tomorrow it starts all over again.” 7d
Hong Kong Protesters Direct Anger at Police as Violence Flares
John Lyons - WSJ 7d 1 tweets
Public anger at the police force has become a driving force behind a protest movement that is increasingly marked by violent confrontations, after beginning as peaceful opposition to Beijing’s growing influence over the city’s affairs.
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The Wall Street Journal “We think the police just want to kill us all,” said an 18-year-old university student 7d