business

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How Facebook’s Master Algorithm Powers the Social Network

The algorithm behind Facebook’s News Feed, a “modular layered cake,” extracts meaning from every post and photo




















Oct.22, 2017 8:00 a.

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Tesla Strikes Deal With Shanghai to Build Factory in China

Electric-car maker Tesla Inc.has reached an agreement to set up its own manufacturing facility in Shanghai, according to people briefed on the plan, a move that could help the company gain traction in China’s fast-growing EV market.

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GM’s Stock Gets a Charge as It Gears Up to Take On Tesla

auto maker shrug off its ‘dinosaur’ image




















Oct.ET







After spending years frustrated by Wall Street’s lack of interest in record profits, a fortress balance sheet and a revamped approach to selling cars, General Motors Co.

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Trump Plan for Coal, Nuclear Power Draws Fire From Environmental, Oil Groups

Critics from factions often at odds are calling Trump administration’s proposal a bailout for struggling power plants




















Oct.22, 2017 9:00 a.

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Fox Was Aware of Bill O’Reilly Harassment Settlement at Contract Renewal

Former Fox News host signed four-year deal in February, following $32 million agreement with accuser




















Oct.21, 2017 10:52 p.

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China’s Road to Electric-Car Domination Is Driven in Part by Batteries

But foreign auto makers and experts say it has set up the market to favor domestic suppliers.21, 2017 8:00 a.

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Big Oil Set for Bumper Profits Despite Cheap Crude

S.21, 2017 7:00 a.

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FAA Steps Up Warnings on Lithium Battery Fire Hazards

The U.S.

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Activist Investor Loeb Says He Will Push Nestlé to Make Further Changes

20, 2017 11:07 a.m.

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Trump Signals Yellen Still a Top Candidate for Fed Job After Meeting This Week

President also highlights candidates Taylor and Powell by name




















Updated Oct.20, 2017 5:47 p.

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Merck to Lay Off About 1,800 U.S. Sales Reps in Cost-Cutting Move

Pharmaceutical firm to create new ‘chronic care’ sales team to promote drugs with growth potential




















Oct.20, 2017 4:53 p.

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Whole Foods Data Breach Affected About 100 Taprooms, Restaurants

Whole Foods Market said Friday that a data breach involving credit-card charges made at the grocer’s taprooms and full-service restaurants affected about 100 venues in its stores over a six-month period.The company said the hack lasted from March 10 until Sept.

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Former Dean Foods Chairman Sentenced to Two Years in Prison for Insider Trading

A federal judge on Thursday sentenced Thomas C., to two years in prison for engaging in a long-running insider trading scheme with legendary Las Vegas gambler William “Billy” Walters.

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GOP Gears Up for Tax-Overhaul Push

With passage of Senate budget, Republicans are setting their sights on finishing a tax bill before year-end




















Oct.20, 2017 5:30 a.

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‘Honor of Kings,’ the Red-Hot Mobile Game in China, Tries to Crack the U.S.

20, 2017 5:30 a.ET







China’s Tencent Holdings Ltd.

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Kobe Steel Finds More Products Shipped With Quality Issues

ET







TOKYO—The quality scandal at Kobe Steel Ltd.deepened Friday after the company said one of its copper plants was under investigation for breaching Japan’s industrial standards.

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Trash Talk: Price of Recyclables Sinks After China Bans U.S. Scrap

manufacturers are turning trash into treasure after a Chinese ban on imported waste flooded American scrapyards with paper and plastic.“It’s the definite silver lining of this scrap ban,” he said.

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Housing-Supply Shortage Weighs on Home Sales

20, 2017 1:52 p.ET







WASHINGTON—Sales of previously owned homes declined on an annual basis for the first time since July 2016, suggesting a chronic shortage of homes for sale is beginning to take a bigger toll on the market.

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P&G, After Slight Sales Gain, Puzzled by Weak U.S. Consumer Spending

20, 2017 11:04 a.shoppers continue to cut back spending on household goods from paper towels to diapers, depressing sales at Procter & Gamble Co.

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Hacking Is a Risk for Pacemakers. So Is the Fix

Some doctors are wary of software patch that prevents unauthorized access to Internet-connected devices, worried about risk of malfunction




















Oct.20, 2017 5:30 a.