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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Online Wall Street Journal News

How Jeffrey Immelt's 'Success Theater' Masked the Rot at GE

Thu, Feb 22, 2018

A culture that disdained bad news contributed to overoptimistic forecasts and botched strategies. GE stock has almost halved since Mr. Immelt resigned as CEO and the company is considering whether to break itself up....

Ford North America President Leaves Following Misconduct Allegations

Thu, Feb 22, 2018

Raj Nair, a top Ford executive, has been fired following misconduct allegations, the latest high-ranking leader to be shown the door amid broader scrutiny of workplace behavior in corporate America....

R-Rated Behavior of Star Producer Is a Drama for Disney

Thu, Feb 22, 2018

Tom Schumacher, the executive behind Disney’s new “Frozen” musical, has been accused of explicit sexual language and behavior in the workplace, even as he turned the entertainment company into a powerful force on Broadway....

Small Business Thinks Big About Recruiting

Thu, Feb 22, 2018

To find qualified employees in a tight job market, small and midsize companies are getting creative, reaching out to local high schools, beefing up internships and even offering to pay vacation costs....

Toys 'R' Us Plans to Close Another 200 Stores

Thu, Feb 22, 2018

Toys “R” Us Inc. plans to close another 200 stores and lay off a significant portion of its corporate staff following a disappointing holiday sales season, according to people familiar with the matter. ...

Fed Gives Bullish Signals on Economy

Thu, Feb 22, 2018

Federal Reserve officials agreed last month that a strengthening economic growth outlook bolstered their plans to keep raising short-term interest rates this year, minutes from their January meeting show. ...

U.S. Jobless Claims Fell Last Week

Thu, Feb 22, 2018

The number of Americans filing applications for new unemployment benefits fell last week for the third time in the past four weeks....

Fed's Dudley Warns on Cryptocurrencies

Thu, Feb 22, 2018

Federal Reserve Bank of New York President William Dudley warned there’s considerable danger and risk right now around the rise of so-called cryptocurrencies that seek to supplant the U.S. dollar....

Leading Economic Indicators Index Rises

Thu, Feb 22, 2018

An economic index that measures U.S. business trends increased further in January and points to robust growth in the first half, the Conference Board said....

Home Sales Post Their Sharpest Drop in Three Years

Wed, Feb 21, 2018

Sales of previously owned U.S. homes in January experienced their sharpest annual drop in more than three years as low inventories and rising prices and interest rates took a toll. ...

WSJ Online News

How Jeffrey Immelt's 'Success Theater' Masked the Rot at GE

A culture that disdained bad news contributed to overoptimistic forecasts and botched strategies. GE stock has almost halved since Mr. Immelt resigned as CEO and the company is considering whether ...

Ford North America President Leaves Following Misconduct Allegations

Raj Nair, a top Ford executive, has been fired following misconduct allegations, the latest high-ranking leader to be shown the door amid broader scrutiny of workplace behavior in corporate America...

R-Rated Behavior of Star Producer Is a Drama for Disney

Tom Schumacher, the executive behind Disney’s new “Frozen” musical, has been accused of explicit sexual language and behavior in the workplace, even as he turned the entertainment company into a po...

Small Business Thinks Big About Recruiting

To find qualified employees in a tight job market, small and midsize companies are getting creative, reaching out to local high schools, beefing up internships and even offering to pay vacation cos...

Toys 'R' Us Plans to Close Another 200 Stores

Toys “R” Us Inc. plans to close another 200 stores and lay off a significant portion of its corporate staff following a disappointing holiday sales season, according to people familiar with the mat...

Fed Gives Bullish Signals on Economy

Federal Reserve officials agreed last month that a strengthening economic growth outlook bolstered their plans to keep raising short-term interest rates this year, minutes from their January meetin...

U.S. Jobless Claims Fell Last Week

The number of Americans filing applications for new unemployment benefits fell last week for the third time in the past four weeks....

Fed's Dudley Warns on Cryptocurrencies

Federal Reserve Bank of New York President William Dudley warned there’s considerable danger and risk right now around the rise of so-called cryptocurrencies that seek to supplant the U.S. dollar....

Leading Economic Indicators Index Rises

An economic index that measures U.S. business trends increased further in January and points to robust growth in the first half, the Conference Board said....

Home Sales Post Their Sharpest Drop in Three Years

Sales of previously owned U.S. homes in January experienced their sharpest annual drop in more than three years as low inventories and rising prices and interest rates took a toll. ...