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 * Shanghai unit to raise $11.7 bln from Alibaba, Tencent,
others
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Union leaders and steel industry representative resign over Charlottesville
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Lower mid-market private equity firm Invision Capital has passed its initial target for its second fund by pulling in more than $62m.
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Los Angeles Times
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (August 16, 2017). Wells Fargo & Co. said Elizabeth Duke would replace its chairman, Stephen
Wells Fargo names first female chair of any major US bankNew York Post
Former Virginia banker to become chairman at Wells FargoRichmond.com
Wells Fargo & Company - WFC - Stock Price Today - ZacksZacks Investment Research
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CNET
Fiat Chrysler said Wednesday it is joining a BMW-led consortium to develop self-driving car technology, a move that comes more than a year after the group was formed with an aim of producing fully automated vehicles by 2021. BMW AG and Intel Corp.
Fiat Chrysler joins autonomous driving team of BMW, Intel, MobileyeReuters
FCA partners with BMW, Intel on self-driving technologyThe Detroit News
Fiat Chrysler Signs On To BMW/Intel/Mobileye Automated Driving PartnershipForbes
CNBC -TheStreet.com -The Verge -
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 Engagement rings may be a symbol of true love, but that doesn''t mean they''re real.
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European stocks push higher Wednesday, with stocks continuing to recover after the flare-up in tensions between the U.S. and North Korea.
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 WASHINGTON (Reuters) - As the United States, Canada and Mexico kick off negotiations on Wednesday to modernize the North American Free Trade Agreement, the biggest uncertainty is whether a deal can pass President Donald Trump's 'America First' test.
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The Permanent Portfolio might serve as a good hedge for a portion of your investments.
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Asian equity markets lacked direction Wednesday following a rebound earlier in the week, tracking a muted performance overnight on Wall Street.
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TechCrunch
Without the heavyweight backing for the platform from former CEO Travis Kalanick, Uber's head of developer product Chris Saad is leaving the company. It's unclear where the platform will rank in Uber's revised priorities as it tries to right the ship
Why Benchmark May Want to Cash Out of UberNew York Times
Uber Lines Up Four Investors, But a Deal Hangs on Boardroom BattleBloomberg
Everything Benchmark used to love about Uber's Travis Kalanick is what it hates nowQuartz
CNBC -Recode -San Francisco Business Times -
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Minutes of the Fed''s latest meeting will be a highlight for investors on Wednesday, with the dollar holding steady ahead of that event. Meanwhile, the pound has firmed up after the latest update on employment and wages for the U.K.
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 Job searching is tough and can be a full-time job itself. Some studies suggest that 80 percent of jobs are never advertised. While daunting, you can use this knowledge to your advantage and change the way you search. Instead of looking for the ideal job, consider looking for your ideal company.
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Wall Street is set for a positive open on Wednesday, but with traders taking a cautious approach ahead of the latest Federal Reserve minutes that indicate if more rate hikes are coming this year.
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Retiring young takes commitment. Here''s how to figure out how much money you need and where to get it.
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Latest government paper aims to tackle one of thorniest issues of departure
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Firstpost
Apple Inc. logo Bank of America Corporation reaffirmed their buy rating on shares of Apple Inc. (NASDAQ:AAPL) in a research note released on Wednesday, August 2nd. Bank of America Corporation currently has a $180.00 price target on the iPhone maker's ...
Apple Inc. (AAPL) Shares Sold by Norway Savings BankStockNewsTimes
Traders Sell Apple Inc. (AAPL) on Strength (AAPL)Rincon Hill News
Johnson Financial Group LLC Has $1 Million Position in Apple Inc. (AAPL)Week Herald
The Cerbat Gem -Transcript Daily -
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Recode
The Travis Kalanick loyalist also alleges that the venture firm is working with Lowercase Capital. by Johana Bhuiyan and Theodore Schleifer Aug 15, 2017, 11:51pm EDT. tweet · share · Linkedin. Geoffroy van der Hasselt / Getty. Early Uber investor
Uber Lines Up Four Investors, But a Deal Hangs on Boardroom BattleBloomberg
Everything Benchmark used to love about Uber's Travis Kalanick is what it hates nowQuartz
Unsealed texts show Travis Kalanick was cocky about China before Uber got creamed thereCNBC
Inc.com -San Francisco Business Times -
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 Only Fox News can bring down President Trump, a recent New York Times op-ed argued. 'If Fox turns, it's inevitable,' it said.
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Firstpost
Apple logo Norway Savings Bank lowered its stake in Apple Inc. (NASDAQ:AAPL) by 4.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,260 shares of the iPhone ...
Johnson Financial Group LLC Has $1 Million Position in Apple Inc. (AAPL)Week Herald
American Beacon Advisors Inc. Purchases Shares of 814 Apple Inc. (AAPL)The Cerbat Gem
Apple Inc. (AAPL) Shares Sold by Clean Yield GroupBNB Daily (blog)
Forbes -AppleInsider (press release) (blog) -
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* Nomura upgrades JAL on strong domestic passenger revenues
(Updates to close)
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The president said he was streamlining regulations in order to speed construction of infrastructure projects like roads and bridges.
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Trump is blasting CEOs after several left his business councils.
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New York Times
NEW YORK — U.S. stock indexes finished Tuesday close to where they started as technology companies and household goods makers rose. But weak reports from sporting goods and auto parts retailers left a lot of smaller companies with steep losses.
What Happened in the Stock Market TodayMadison.com
Declines in Shares of Retailers Pressure US StocksFox Business
Dick's Sporting Goods: The Sky Is FallingSeeking Alpha
Pittsburgh Post-Gazette -Zacks.com -Nasdaq -
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Washington Post
WASHINGTON — President Donald Trump on Tuesday ripped into business leaders who resigned from his White House jobs panel — the latest sign that corporate America's romance with Trump is faltering — after his equivocal response to violence by white ...
The Merck CEO Is No HeroNew York Times
CEOs' Dilemma: Supporting Trump's Agenda, Opposing His BehaviorNPR
Trump Rips CEOs Quitting Panels as AFL-CIO Joins Defectors' ListBloomberg
USA TODAY -Business Insider -
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New York Daily News
Business leaders are struggling over what kind of ties to keep with President Trump as the controversy surrounding his response to the violence in Charlottesville, Va., shows no signs of ending. Some CEOS have headed for the exits, resigning from
Walmart CEO criticizes Trump but is not stepping down from advisory councilWashington Post
Walmart CEO Slams Trump Over Charlottesville Response, But Remains In Advisory RoleHuffPost
The Latest: Walmart CEO criticizes Trump on race responseNew York Daily News
Washington Examiner -Wall Street Journal (subscription) -
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 President Donald Trump shocked political observers on Tuesday by blaming 'both sides' for the...
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Cohu, which tests semiconductors, wants to persuade the U.S. Committee on Foreign Investment that the proposed sale of Xcerra to a Chinese state-backed fund would threaten national security.
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SYDNEY (Reuters) - The dollar hoarded hefty gains on Wednesday after strong U.S. retail data put a Federal Reserve rate hike back on the agenda, while Asia stocks inched ahead as tensions in the Korean peninsula simmered down a little.
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 AFL-CIO President Trumka steps down from Trump manufacturing council
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Aug 15 (Reuters) - U.S. semiconductor testing company Cohu
Inc is trying to block the sale of rival Xcerra Corp
to a Chinese government-controlled fund citing national
security concerns, the Wall Street Journal reported on Tuesday.
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SYDNEY, Aug 16 (Reuters) - The dollar hoarded hefty gains on
Wednesday after strong U.S. retail data put a Federal Reserve
rate hike back on the agenda, while Asia stocks inched ahead as
tensions in the Korean peninsula simmered down a little.
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Former Federal Reserve governor is first female head of a large US bank
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Aug 15 (Reuters) - Wells Fargo & Co Vice Chair Betsy
Duke will replace retiring Chair Stephen Sanger next year, one
of several changes announced on Tuesday in a board overhaul
following a sales practices scandal.
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 Shares of Agilent Technologies Inc. rose more than 4% late Tuesday after the Santa Clara, Calif., company beat fiscal third-quarter earnings and sales expectations. Agilent said it earned $175 million, or 54 cents a share, in the quarter, compared with $124 million, or 38 cents a share, a year ago. Adjusted for one-time items, the company earned 59 cents a share, compared with 49 cents a year ago. Sales reached $1.1 billion, compared with $1 billion in the corresponding 2016 quarter. Analysts polled by FactSet had expected adjusted earnings of 52 cents a share on sales of $1.09 billion in the quarter. Agilent said it expects fourth-quarter 2017 revenue in the range of $1.15 billion to $1.17 billion, and fourth-quarter 2017 non-GAAP earnings in the range of 60 cents to 62 cents a share, which contrasts with expectations of adjusted per-share earnings of 60 cents a share on sales of $1.15 billion, according to the analysts surveyed by FactSet. The company forecast revenue of $4.43 billion to $4.45 billion and non-GAAP earnings of $2.29 a share to $2.31 a share for full fiscal year 2017, versus Wall Street expectations of adjusted per-share earnings of $2.23 on sales of $4.41 billion for the year, according to FactSet.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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WASHINGTON (Reuters) - Negotiators from Canada, Mexico and the United States are aiming for an 'ambitious' first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to fast-track a deal to modernize the 23-year-old pact by early next year.
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Factory workers are leaving their jobs at the highest rate in a decade.
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Forbes
I connect the dots between the economy and business decisions. Opinions expressed by Forbes Contributors are their own. Every large company has some tech workers, even if it's in a traditional industry such as mining or food service. The issues raised
The Maddeningly Simple Way Tech Companies Can Employ More WomenNew York Times
Google memo, Charlottesville prompt CEOs to step up as leadersSan Francisco Chronicle
Reynolds: Google needs a new CEO, but dumping Sundar Pichai is not enoughTallahassee.com
Phys.Org -The Economist -
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The whiskey maker backed away from a promise to acknowledge its debt to a black distiller — until Fawn Weaver swooped into town and took up the cause.
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Washington Post
Walmart's chief executive is the latest to speak out against President Trump's response to violence by white supremacists in Charlottesville over the weekend. In a memo to employees, Doug McMillon criticized the president for not 'unequivocally
Walmart CEO Slams Trump Over Charlottesville Response, But Remains In Advisory RoleHuffPost
Walmart CEO won't resign from Trump advisory councilThe Hill (blog)
Wal-Mart CEO says Trump missed 'critical opportunity' to bring America togetherCNBC
Newsmax -New York Daily News -
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Obamacare may not have literally collapsed, but the policies are now truly unaffordable in many areas for the middle aged and middle class. And 2018 will be worse. Some mild deregulation of short term health insurance could shield some of these people from medical bankruptcy.
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Sacramento Bee
While Advance Auto Parts' second-quarter results might not justify a drastic 22% drop, investors don't seem willing to stick around with so few near-term catalysts. Daniel Miller. (TMFTwoCoins). Aug 15, 2017 at 12:09PM ...
Advance Auto Parts' (AAP) CEO Tom Greco on Q2 2017 Results - Earnings Call TranscriptSeeking Alpha
Sharp Losses for Retailers Pull Stock US Indexes LowerU.S. News & World Report
Industry Headwinds Force Advance Auto Parts to Reduce Guidance, Stock Falls 20%TheStreet.com
24/7 Wall St. -Nasdaq -
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Fox News
Last week this paper said Alphabet's boss should write a 'detailed, ringing rebuttal' of a viral anti-diversity memo sent at Google. Here is how we imagine it. International. Aug 15th 2017. Created on: 15th August 2017 at 15:15 (Delivered after 1 seconds)
Reynolds: Google needs a new CEO, but dumping Sundar Pichai is not enoughTallahassee.com
Former Google engineer: 'I do not support the alt-right'CNNMoney
Google hiring based on race or gender: Fired engineerEconomic Times
Independent Women's Forum (blog) -VentureBeat -
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Advance Auto Parts Inc. shares slid 13% premarket Tuesday, after the company reported weaker-than-expected profit for the second quarter. The Roanoke, Va.-based aftermarket parts provider said it had net income of $87.0 million, or $1.17 a share, in the quarter, down from $124.6 million, or $1.68 a share, in the year-earlier quarter. Adjusted per-share earnings came to $1.58, below the FactSet consensus of $1.65. Same-store sales were flat, against expectations of a decline of 0.2%. 'Our revised guidance for the year incorporates the impact of industry headwinds in the first half, which we expect to continue in the second half of the year and we are taking the appropriate actions to adapt to this environment,' chief Executive Tom Greco said in a statement. The company is expecting full-year same-store sales to fall 3% to 1%, wider than the FactSet consensus for a decline of 0.5%. It expects to open 60 to 65 new stores this year. Shares have fallen 35% in 2017, while the S&P 500 has gained 10%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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With MoviePass, moviegoers can see a movie a day for $9.95 a month (excluding on Imax and 3D screens), and MoviePass will pay theaters the full price of the ticket.
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TOKYO, Aug 16 (Reuters) - Japan's Nikkei share average was
nearly flat on Wednesday morning as investors stayed on the
sidelines after sharp gains on the previous day, while Japan
Airlines bucked the trend thanks to a brokerage's bullish view.
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Gizmodo
What is the sweet spot for getting people to join a movie theater ticket subscription service? For six years, MoviePass has struggled to answer that question and now, under former Netflix exec Mitch Lowe, it's introducing a radical plan: Selling
Netflix Co-Founder Lands Funding to Help Save the Movie Theatre IndustryTheStreet.com
MoviePass To Expand, And Go Public, With New Sub Terms & Sale To Data FirmDeadline
Former Netflix executive wants to shake up moviegoing with $10 MoviePass serviceMarketWatch
Seeking Alpha -L.A. Biz -
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Several members of the President's American Manufacturing Council have resigned in the span of two days. They're all distancing themselves from President Trump. But a closer look shows strong differences between the resignations and fascinating moments in leadership.
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Brexit & Beyond: Europe in Flux is The Wall Street Journal''s round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS Britain''s Secretary of State for Exiting the European Union David Davis (L) and European Union''s chief Brexit negotiator Michel Barnier hold a […]
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Starting out with an easy-to-use e-commerce platform, the company now makes most of its hay from payment processing.
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A bill heading for Gov. Bruce Rauner's desk would reinstate Illinois' premier corporate tax incentive program and, some argue, could help the state edge out other Midwestern contenders for projects heavy on job creation.
Rauner plans to sign the bill, spokeswoman Laurel Patrick said.
Illinois has...
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 The Latest on President Donald Trump and the weekend's violence and death in Charlottesville, Virginia (all times EDT): 11 p.m. The CEO of computer chip maker Intel is resigning from President Donald Trump's ...
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