Tell-All Book by Trump’s Niece Can Be Released, Judge Rules

By |2020-07-02T05:28:10+00:00July 2nd, 2020|Uncategorized|

Simon & Schuster can move forward with plans to release a tell-all book by President Trump’s niece after a New York appellate judge overturned a temporary restraining order against the publisher. The six-page order Wednesday, written by Justice Alan D. Scheinkman, reversed a lower-court decision handed down a day earlier to delay publication. While an…

SoftBank Seeks to End Partnership With Wirecard

By |2020-07-02T03:27:44+00:00July 2nd, 2020|Uncategorized|

SoftBank Group Corp. is looking to distance itself from Wirecard AG, after the Japanese tech conglomerate helped arrange a $1 billion investment months before the German payments company went bust. One of the world’s largest technology investors, SoftBank is seeking to terminate a five-year partnership its investment arm formed with Wirecard in April 2019, according…

SoftBank Seeks to End Partnership With Wirecard

By |2020-07-01T19:28:37+00:00July 1st, 2020|Uncategorized|

SoftBank Group Corp. is looking to distance itself from Wirecard AG, after the Japanese tech conglomerate helped arrange a $1 billion investment months before the German payments company went bust. One of the world’s largest technology investors, SoftBank is seeking to terminate a five-year partnership its investment arm formed with Wirecard in April 2019, according…

Nile Niami Is L.A.’s Megamansion King. Has He Built a House of Cards?

By |2020-07-01T19:28:36+00:00July 1st, 2020|Uncategorized|

Standing on a grassy knoll in a tightfitting V-neck T-shirt and gold-rimmed aviators, views of the Los Angeles basin and a cluster of sunbathing women sprawled out behind him, developer Nile Niami looked every bit the king of the city’s megamansion scene. “Seven years ago, I had an idea to create the biggest, most expensive…

Car-Sales Fell in the Second Quarter, Despite Deals and Covid-19 Stimulus

By |2020-07-01T17:27:49+00:00July 1st, 2020|Uncategorized|

Major auto makers reported sharp drops in second-quarter U.S. vehicle sales, as sweet discounts and financing deals weren’t enough to offset factory and dealership closures from the Covid-19 pandemic. General Motors Co. reported a 34% drop in second-quarter sales compared with a year ago, with demand picking up in May and June. Toyota Motor Corp.’s…

FAA’s Handling of Boeing 737 MAX Issues Faulted in Transportation Department Review

By |2020-07-01T17:27:48+00:00July 1st, 2020|Uncategorized|

Following the first fatal accident of a Boeing Co. 737 MAX in November 2018, it took U.S. air-safety regulators four months just to agree on a timetable for implementing fixes once they were devised, according to a report by the Transportation Department’s inspector general. The 52-page narrative released Wednesday also revealed that Federal Aviation Administration…

Inside Moderna: The Covid Vaccine Front-Runner With No Track Record and an Unsparing CEO

By |2020-07-01T15:27:57+00:00July 1st, 2020|Uncategorized|

At the year’s start, few outside the world of biotech had heard of a Boston-area company with a New Age name and unproven approach to drugmaking. Most in the industry who did know Moderna Inc. doubted its prospects. Investors barely had interest in the company, which had yet to produce a medicine. Moderna and its…

Three Months In, These Patients Are Still Ravaged By Covid’s Fallout

By |2020-07-01T15:27:56+00:00July 1st, 2020|Uncategorized|

Chelsea Alionar, a 37-year-old in Keizer, Ore., is going on more than 100 days of being sick, with a racing heart beat, chest pains and numbness. Emily Jensen, a 34-year-old surfer and runner in Minneapolis, says she now needs an inhaler just to walk up the stairs. And Annie Harris, a 22-year-old recent college graduate,…

Fed’s $600 Billion Main Street Lending Program Sees Lukewarm Interest

By |2020-07-01T13:26:44+00:00July 1st, 2020|Uncategorized|

WASHINGTON—The government is offering to lend up to $600 billion to help small and midsize businesses weather the coronavirus-induced recession, but so far interest has been sparse. Under the Main Street Lending Program, commercial banks lend to companies and then sell all but a small portion of each loan to the Federal Reserve. The Treasury…

No, Really, Your Boss Wants You to Take Vacation—Now

By |2020-07-01T13:26:43+00:00July 1st, 2020|Uncategorized|

Companies’ latest memo to workers: Take a vacation already! After several challenging months on the job during the coronavirus pandemic, businesses want workers to use their paid time off to stave off burnout and avoid a year-end vacation crunch. But with travel disruptions scuttling many summer trips—not to mention employees’ stress about working from home…

Immigration Agency to Furlough Two-Thirds of Staff, Suspend Services Absent a Bailout From Congress

By |2020-07-01T11:26:58+00:00July 1st, 2020|Uncategorized|

WASHINGTON—U.S. Citizenship and Immigration Services, the agency that oversees legal immigration, is sending furlough notices to about 69% of its staff and preparing to suspend services in August because Congress and the Trump administration can’t agree on terms of a $1.2 billion infusion. Lawmakers have been in talks with the Trump administration over several emergency…

Hot Pandemic Market: Music Royalties

By |2020-07-01T11:26:57+00:00July 1st, 2020|Uncategorized|

When Sonia Leigh’s tour dates were canceled this spring, erasing much of her expected income, the Nashville singer-songwriter looked to leverage one of her most valuable commodities: her songs. Ms. Leigh is among many musicians who, unable to tour this year because of the coronavirus outbreak, are tapping their catalogs for income. The pandemic has…

Mississippi Governor Signs Bill to Take Confederate Emblem Off Flag

By |2020-07-01T00:32:50+00:00July 1st, 2020|Uncategorized|

Mississippi’s flag, the last state flag with a Confederate battle emblem, is coming down after 126 years. Republican Gov. Tate Reeves on Tuesday signed into law a historic bill that requires the current flag to come down within 15 days and sets a framework for voters to pick a new design. The state legislature voted…

‘Hamilton’ Review: The Revolution, Now Televised

By |2020-07-01T00:32:49+00:00July 1st, 2020|Uncategorized|

By John Anderson June 30, 2020 5:46 pm ET The room where it happens is now in your house, as long as you’re a subscriber to Disney+, where a filmed version of the Tony- and Pulitzer-winning “Hamilton” drops on Friday. When it opened at the Public Theater in New York in 2015, Wall Street Journal…

‘Hamilton’ Review: The Revolution, Now Televised

By |2020-06-30T22:27:20+00:00June 30th, 2020|Uncategorized|

By John Anderson June 30, 2020 5:46 pm ET The room where it happens is now in your house, as long as you’re a subscriber to Disney+, where a filmed version of the Tony- and Pulitzer-winning “Hamilton” drops on Friday. When it opened at the Public Theater in New York in 2015, Wall Street Journal…

Apple’s Virtual Event Gives Hope for Online-Only Conferences in Covid-19 Era

By |2020-06-30T22:27:19+00:00June 30th, 2020|Uncategorized|

The reviews are in for Apple Inc.’s first-ever online-only software conference: Virtual tech conferences can work. Apple’s Worldwide Developer Conference last week became a bellwether for the potential of corporate gatherings that take place exclusively online as the coronavirus pandemic makes physical conferences impossible. Developers said...

Adidas HR Chief to Retire After Criticism From Black Employees

By |2020-06-30T17:29:37+00:00June 30th, 2020|Uncategorized|

Karen Parkin, the global head of human resources at Adidas AG, is retiring from the company following some employee complaints about the sportswear giant’s culture and lack of diversity. “I have decided to retire and pave the way for change,” Ms. Parkin wrote in a memo to staff, which was viewed by The Wall Street…

NSA Differed From CIA, Others on Russia Bounty Intelligence

By |2020-06-30T17:29:36+00:00June 30th, 2020|Uncategorized|

WASHINGTON—The National Security Agency strongly dissented from other intelligence agencies’ assessment that Russia paid bounties for the killing of U.S. soldiers in Afghanistan, according to people familiar with the matter. The disclosure of the dissent by the NSA, which specializes in electronic eavesdropping, comes as the White House has played down the revelations, saying that…

College Football’s New Headache: Deciding Who Can Attend Games

By |2020-06-30T14:28:23+00:00June 30th, 2020|Uncategorized|

When the coronavirus pandemic shut down American sports in March, college football had the benefit of time. The season doesn’t start until about Labor Day, and many schools optimistically forged ahead as if their game days would be business as usual. But today, the season is just two months away. The virus is surging strongly,…

As Virus Cases Rise, a Florida Restaurant Stays Flexible to Stay Open

By |2020-06-30T12:27:15+00:00June 30th, 2020|Uncategorized|

Now Playing 6/30/2020 6:00AM      Jacksonville Beach restaurant owner Don Nicol explains how he is keeping his staff and customers safe from the coronavirus, while also complying with state occupancy regulations, as Florida reached new case records in June. Photo: Don Nicol/TacoLu Up Next Editor Picks Shelf 6:27 As Virus Cases Rise, a Florida Restaurant Stays…

FDA to Issue Guidance on Covid-19 Vaccine Approval

By |2020-06-30T12:27:14+00:00June 30th, 2020|Uncategorized|

WASHINGTON—The Food and Drug Administration plans to release guidance Tuesday outlining its conditions for approving a Covid-19 vaccine, including a requirement that any vaccine be at least 50% more effective than a placebo in preventing the disease. The FDA said that no vaccine would be approved unless a vaccine company had “clearly demonstrated” proof of…

PPP Loan Window Is Closing, With $134 Billion Still on Offer

By |2020-06-30T10:26:52+00:00June 30th, 2020|Uncategorized|

WASHINGTON—When the Trump administration first launched its $670 billion pandemic relief program for small businesses, a mad dash to secure forgivable loans had many business owners worried there wouldn’t be enough money to go around. Three months later the application window for Paycheck Protection Program loans closes Tuesday with about $134 billion in funds available…

In Los Angeles, an Economy Built on Freelancers Crumbles

By |2020-06-30T10:26:51+00:00June 30th, 2020|Uncategorized|

Candy Ibarra had six jobs at the beginning of 2020. Now she has none. By March, with a pandemic-stricken economy in free fall, a Target commercial in which she was going to perform was canceled, as were at least six other Hollywood projects. Non-acting jobs she had to help pay the bills, as a private…

Sotheby’s Brings Home the Bacon

By |2020-06-30T05:27:11+00:00June 30th, 2020|Uncategorized|

An anonymous telephone bidder paid $85 million for a Francis Bacon triptych during a marathon series of live-streamed, online auctions held at Sotheby’s on Monday that could go a long way to bolstering confidence in the art market amid a global pandemic. The trio of works from 1981 depicting a writhing man in agony, “Triptych…

China Passes Hong Kong Security Law Aimed at Crushing Protests

By |2020-06-30T05:27:10+00:00June 30th, 2020|Uncategorized|

HONG KONG—China’s legislature approved Tuesday a sweeping new law aimed at quashing threats to national security in Hong Kong, rejecting Western criticism that Beijing’s efforts will curb people’s freedoms in the protest-torn city. The legislation was passed by senior Chinese lawmakers, according to Lau Siu-kai, a senior adviser to Beijing on Hong Kong policy. Drafted…

Las Vegas Workers Sue Casinos Over Covid-19 Safety

By |2020-06-29T23:27:27+00:00June 29th, 2020|Uncategorized|

Las Vegas Strip hospitality workers filed a lawsuit against casino operators on Monday accusing the companies of failing to protect employees from Covid-19, one of the first efforts to hold employers legally responsible for infections as cases in the U.S. surge. The lawsuit, filed in U.S. District Court in Las Vegas against the owners of…

Trump Wasn’t Briefed on Russian Bounty Intelligence Because It Wasn’t Verified, White House Says

By |2020-06-29T19:27:29+00:00June 29th, 2020|Uncategorized|

WASHINGTON—U.S. intelligence officials didn’t brief President Trump or Vice President Mike Pence on intelligence showing Russia paid bounties to Afghan militants to attack American forces because the intelligence community and national security officials hadn’t reached a consensus about its veracity, White House press secretary Kayleigh McEnany said Monday. “There is no consensus within the intelligence…

Military Gears Up to Fight Racial Bias, a Longstanding Adversary

By |2020-06-29T17:27:40+00:00June 29th, 2020|Uncategorized|

The U.S. government has tried at least six times since World War II to root out discrimination and racial bias in the military, through commissions, recommendations and initiatives. Each effort ended in failure, leaving today’s military a reflection of society’s inequality. A new initiative now is beginning, and this time will be different, defense officials…

India Blocks Dozens of Chinese Apps, Including TikTok, Following Border Clash

By |2020-06-29T17:27:39+00:00June 29th, 2020|Uncategorized|

NEW DELHI—India banned dozens of the biggest Chinese mobile applications, including TikTok, in what it called a step toward ensuring safety and sovereignty of the country’s cyberspace. The move, announced late Monday, comes after a recent deadly clash between security forces of India and China near a disputed border in the Himalayan mountains that left…

The Other Police Officers Charged in George Floyd’s Killing

By |2020-06-29T14:29:37+00:00June 29th, 2020|Uncategorized|

MINNEAPOLIS—The defense of the former police officers charged in the killing of George Floyd could come into sharper focus Monday when all four officers will appear in a pretrial hearing in Minneapolis. Former officer Derek Chauvin is charged with second-degree murder for pinning George Floyd down by the neck until he stopped breathing and had…

How the Coronavirus Pandemic Is Changing the Way We Commute

By |2020-06-29T14:29:36+00:00June 29th, 2020|Uncategorized|

Now Playing 6/29/2020 7:00AM      Traveling on trains and buses means potential exposure to the coronavirus, so cities are racing to make their public transit systems safe. WSJ explores how things like sanitizing robots, working from home and expanded bike lanes are changing our commutes. Video/Illustration: Jaden Urbi and Zoë Soriano Up Next Editor Picks Shelf…

Covid-19 Drug Remdesivir to Cost $3,120 for Typical Patient on Private Insurance

By |2020-06-29T11:28:31+00:00June 29th, 2020|Uncategorized|

Gilead Sciences Inc. detailed its pricing plans for Covid-19 drug remdesivir, saying it will charge U.S. hospitals $3,120 for a typical patient with commercial insurance. The drugmaker on Monday disclosed its pricing plans as it prepares to begin charging for the drug in July. The U.S. has been distributing remdesivir donated by Gilead since the…

BP Exits Petrochemical Business in $5 Billion Deal

By |2020-06-29T11:28:30+00:00June 29th, 2020|Uncategorized|

Selling its petrochemicals business will help BP reach its divestment target of $15 billion of asset sales by mid-2021. Photo: arnd wiegmann/Reuters Energy giant BP PLC has agreed to sell its petrochemicals business to British chemicals company Ineos Ltd. in a $5 billion deal that will help reshape its business for the global transition to…

U.S. Coronavirus Cases Surge Amid Strains on Hospitals

By |2020-06-29T09:26:42+00:00June 29th, 2020|Uncategorized|

Cases of the new coronavirus continued to surge over the weekend in the U.S., while parts of the country pulled back reopenings and some faced strains on hospital and testing capacity. President Trump is coming under bipartisan pressure to wear a face mask. He has recommended it for others, and the medical consensus is that…

U.S. Stock Futures Point to Week of Choppy Trading

By |2020-06-29T09:26:41+00:00June 29th, 2020|Uncategorized|

U.S. stock futures wavered Monday, suggesting another week of choppy trading amid concerns that rising coronavirus infections could delay the global economic recovery.Futures tied to the Dow Jones Industrial Average wobbled between gains and losses before ticking up 0.3%. The gauge of blue-chip stocks shed 3.3% last week, putting it on track for a retreat…

Defense Secretary to Give Trump Options on U.S. Presence in Germany

By |2020-06-29T02:27:08+00:00June 29th, 2020|Uncategorized|

Defense Secretary Mark Esper will on Monday present to the White House options to reduce the U.S. military presence in Germany by nearly 10,000 troops in what would be a dramatic reshaping of the U.S. presence in Europe. “Secretary Esper met with President Trump on Wednesday to discuss our presence in Europe. On Monday the…

State Senate Republican Leader Vows Tougher Stance Against Democrats

By |2020-06-28T23:27:54+00:00June 28th, 2020|Uncategorized|

Robert Ortt, the new leader of the Senate Republican conference, says he plans to be an aggressive presence at a state Capitol where Democrats now control all the levers of power. “We need to be out there loudly, succinctly and appropriately outlining our opposition to many of these proposals and explaining to people why this…

How Do Doctors Treating Coronavirus Relax? By Playing the Game ‘Pandemic’

By |2020-06-28T19:28:18+00:00June 28th, 2020|Uncategorized|

Anna Gilman, a nurse who works in New York City, plays Pandemic with her fiance, Zack Silver, in their New Jersey home in June. Zack Silver A-hed The board game gives healthcare workers the chance to save the world in around 45 minutes; ‘stress relief.’ Anna Gilman, a nurse who works in New York City,…

Texas Tried Reopening Offices Early. It Was Hard Even Before the Coronavirus Surge.

By |2020-06-28T19:28:17+00:00June 28th, 2020|Uncategorized|

Texas got back to work faster than most states. It now serves as a warning to the nation: reopening offices and other businesses may be messier and more prone to disruption than many imagined. The state faces a rapid increase of coronavirus cases and hospitalizations. In Harris County, home to Houston and the world’s biggest…

Coronavirus Crisis Strains Russia’s Soviet-Era Regional Health System

By |2020-06-28T16:30:15+00:00June 28th, 2020|Uncategorized|

KARABANOVO, Russia—In mid-April, when the hospital in this hardscrabble rural town saw its first confirmed coronavirus infections, the district’s chief doctor ordered 16 nurses and doctors to quarantine at the facility, together with 40 patients, many suspected of having the virus. The health workers cared for the sick without any protection such as masks, said Nina Rogova, 46…

How App Makers Break Their Apps to Avoid Paying Apple

By |2020-06-28T16:30:14+00:00June 28th, 2020|Uncategorized|

You’ve avoided Netflix for years, especially since you’re already paying through the nose for cable. But everybody kept talking—and talking and talking—about “Tiger King.” One night, after crawling into bed, you caved and downloaded the app on your iPhone. “Trying to join Netflix? You can’t sign up for Netflix in the app. We know it’s…

How App Makers Break Their Apps to Avoid Paying Apple

By |2020-06-28T13:29:29+00:00June 28th, 2020|Uncategorized|

You’ve avoided Netflix for years, especially since you’re already paying through the nose for cable. But everybody kept talking—and talking and talking—about “Tiger King.” One night, after crawling into bed, you caved and downloaded the app on your iPhone. “Trying to join Netflix? You can’t sign up for Netflix in the app. We know it’s…

Photos of the Week: June 22-28, 2020

By |2020-06-28T11:29:48+00:00June 28th, 2020|Uncategorized|

Michal Levi and two of her children look toward the nearby Palestinian city of Rawabi from Ateret, their West Bank settlement. Israeli Prime Minister Benjamin Netanyahu is now considering how far he wants to go toward fulfilling his campaign pledge to annex parts of the occupied West Bank. Read more A man looks through an…

Public Transit Use Is Associated With Higher Coronavirus Death Rates, Researchers Find

By |2020-06-28T11:29:47+00:00June 28th, 2020|Uncategorized|

African-Americans may be dying at higher rates than white people from Covid-19, the disease caused by the novel coronavirus, in part because of black people’s heavier reliance on public transportation for commuting, two new studies by economists suggest. One of the studies, by University of Virginia economist John McLaren, found that the racial discrepancy remained…

U.S. Athletes to Olympics: Let Us Protest

By |2020-06-28T02:26:55+00:00June 28th, 2020|Uncategorized|

U.S. Olympic and Paralympic athletes and 1968 Olympian John Carlos joined a growing chorus in sports to let competitors protest at events, calling on the International Olympic Committee to abolish its rule prohibiting such demonstrations. Members of the Athletes’ Advisory Council, the representative athletes’ body of the U.S. Olympic & Paralympic Committee, wrote in the…

Pick Up Albertsons on Sale

By |2020-06-27T20:27:47+00:00June 27th, 2020|Uncategorized|

After an ill-fated attempt in 2015, Albertsons—the second-largest U.S. grocery business by number of stores, behind Kroger—became a publicly traded company Friday to an underwhelming response. Investors’ caution is reasonable, but seems overdone. The lukewarm debut is a big blow to the grocer’s private-equity owners. It seemed like the perfect time, with the market showing…

Princeton to Remove Woodrow Wilson’s Name From Public-Policy School

By |2020-06-27T18:27:32+00:00June 27th, 2020|Uncategorized|

Princeton University’s board of trustees voted Friday to remove Woodrow Wilson’s name from its public-policy school, the latest in a string of institutions reconsidering the names of some buildings and programs at a time of public reckoning over racism in the U.S. “We have taken this extraordinary step because we believe that Wilson’s racist thinking…

U.S. Athletes to Olympics: Let Us Protest

By |2020-06-27T18:27:31+00:00June 27th, 2020|Uncategorized|

U.S. Olympic and Paralympic athletes and 1968 Olympian John Carlos joined a growing chorus in sports to let competitors protest at events, calling on the International Olympic Committee to abolish its rule prohibiting such demonstrations. Members of the Athletes’ Advisory Council, the representative athletes’ body of the U.S. Olympic & Paralympic Committee, wrote in the…

Outdoor Dining Pushes New York City Restaurants to Rethink Menus

By |2020-06-27T14:27:01+00:00June 27th, 2020|Uncategorized|

When outdoor restaurant-dining started as part of New York’s recent phase-two reopening, Nick Pfannerstill, chef at Mother’s Ruin, a cocktail bar and dining spot in Manhattan’s Nolita neighborhood, realized he had more to worry about than social distancing and table placement. He had to rethink his nachos. The Mother’s Ruin nachos, loaded...

How to Rethink Your Budget With Just One Income

By |2020-06-27T11:28:35+00:00June 27th, 2020|Uncategorized|

The coronavirus pandemic has cost some 20 million Americans their jobs. The virus has also prompted some women to leave the workforce because of school and child-care closures. Depending on the family’s income, such a job loss can be devastating. For those who qualify for unemployment, some of the financial pain may be delayed. But…