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Daily News

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

Wall Street Journal

Intel CEO Challenge: Pick From Thin Bench, or Look Outside

Sat, Jun 23, 2018

Brian Krzanich’s resignation this week leaves Intel’s board with a tough choice: Name the next CEO from a small pool of internal candidates, or go outside for the first time in the chip maker’s 50-year history....

Police: Operator in Self-Driving Uber Crash Was Streaming 'The Voice'

Fri, Jun 22, 2018

The test operator of a self-driving Uber car that hit and killed a pedestrian in Arizona last March was streaming the TV show “The Voice” on her phone just before the collision, police say....

The Second Wave of Luxury Electric Cars

Fri, Jun 22, 2018

Old guard auto makers are mounting a challenge to Tesla with their own premium electric vehicles....

Shari Redstone's Path to Power

Fri, Jun 22, 2018

How heiress Shari Redstone overcame a falling out with her father to become the most significant female media owner in America....

Cannes Ad Festival Reflects Advertising's Changing Guard

Fri, Jun 22, 2018

This year’s Cannes Lions advertising festival, Madison Avenue’s annual jaunt to the French Riviera, had all the signs of an industry undergoing wrenching change....

Trump Threatens 20% Tariff on European Cars

Sat, Jun 23, 2018

President Trump threatened tariffs on European Union-made cars, citing barriers to American exports and the need for incentives to move production to the U.S. ...

State Sales-Tax Officials Rev Their Engines

Fri, Jun 22, 2018

Some state tax officials have begun preparing to use the new sales-tax collection power the Supreme Court handed them on Thursday. ...

A Generation of Americans Is Entering Old Age the Least Prepared in Decades

Fri, Jun 22, 2018

Low incomes, paltry savings, high debt burdens, broken family structures, failed insurance—the U.S. is upending decades of progress in securing life’s final chapter. According to a Wall Street Journal tally, more than 40% of households led by people aged 55 through 70 lack sufficient resources to maintain their living standards....

Eurozone Business Activity Picks Up

Fri, Jun 22, 2018

Business activity in the eurozone picked up in June for the first month in five—a first sign that the currency area’s economy may be shaking off a sluggish start to the year. ...

Job Layoff Gauge Falls Heading into the Summer Months

Thu, Jun 21, 2018

The number of Americans filing applications for new unemployment benefits fell for the fourth straight week in mid-June, signaling continued strength in the labor market....