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May 09 2012
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Last Updated by Admin on 2012-05-09 09:59:57 AM

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WSJ Online News

Kraft Heinz Discloses SEC Probe, Misses Earnings Forecasts

Kraft Heinz on Thursday wrote down the value of its Kraft and Oscar Mayer brands by $15.4 billion, disclosed an investigation by federal securities regulators and slashed its dividend, sending its ...

Pinterest Files Confidentially for IPO

Pinterest has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering, joining a parade of highly valued technology startups planning to list their...

U.S. Campaign Against Huawei Runs Aground in an Exploding Tech Market

The Chinese company’s low prices outweigh spying concerns for many countries ramping up 5G spending, in particular the pivotal internet economy of India. “The perception here is that the U.S. actio...

Under Armour CEO's Unusual Adviser: An MSNBC Anchor

Under Armour CEO Kevin Plank was questioned last year by the company’s board over his ties to MSNBC anchor Stephanie Ruhle, who has traveled on his private jet and provided input on a range of busi...

Apple, Goldman Sachs Team Up on Credit Card Paired With iPhone

The companies hope to lure cardholders by offering them extra features on Apple’s Wallet app, which will let them set spending goals, track their rewards and manage their balances....

U.S. Bets on China's Special Envoy

As U.S.-China trade talks reach a pivotal point, the Trump administration is counting on the Chinese leader’s special envoy, Liu He, to get Beijing to accept tough new strictures that are increasin...

Business Investment Falters Amid Growing Global Economic Uncertainty

Demand for long-lasting goods produced by U.S. factories increased for the second month in a row in December, driven by orders for transportation equipment....

U.S. Existing Home Sales Drop 1.2% in January

Sales of previously owned homes fell in January, a sign that demand for housing continued to cool at the start of the year....

U.S. Jobless Claims Fell Last Week

The number of Americans filing applications for new unemployment benefits fell last week, a signal of labor market tightness...

Fed Prepares to End Balance-Sheet Runoff Later This Year

Most Federal Reserve officials last month indicated they were ready to stop shrinking the central bank’s $4 trillion asset portfolio this year and believed an action plan should be released soon....