Business Services & Solutions

Forties Pipeline System Carrying Brent Crude to Be Shut for Weeks

      The Grangemouth oil refinery on the Firth of Forth near Falkirk, Scotland. The pipeline system serves the refinery, which provides the majority of Scotland’s fuel. Photo: Jane Barlow/PA Wire/ZUMA PRESS By Neanda Salvaterra Neanda Salvaterra The Wall Street Journal Biography @Neanda1 neanda.salvaterra@wsj.com Updated Dec. 12, 2017 4:02 a.m. ET 1 COMMENTS LONDON&...Read More

Unemployment Back to Precrisis Level in Rich Countries

     The rate of unemployment across the world’s developed economies finally returned to its precrisis level in October, according to the Organization for Economic Cooperation and Development. The Paris-based research body said the jobless rate for its 35 members fell to 5.6% from 5.7% in September, the same level as in April 2008. The OECD said it considers that mon...Read More

Samsung Heavy Industries Replaces CEO After Warning of Losses

      An oil rig at the Samsung Heavy Industries Co. shipyard in Geoje, South Korea. Photo: SeongJoon Cho/Bloomberg News By Costas Paris Costas Paris The Wall Street Journal Biography @CostasParis costas.paris@wsj.com Updated Dec. 11, 2017 3:58 p.m. ET 0 COMMENTS Samsung Heavy Industries Co . , the world’s third-biggest shipyard by capacity, replaced its chief execut...Read More

Saudi Aramco Ramps Up Spending to Over $40 Billion a Year

      Saudi Aramco’s Shaybah natural gas liquids project, Saudi Arabia. The oil company unveiled a plan to invest more than $40 billion a year in projects over the next decade. Photo: SAUDI ARAMCO/REUTERS By Summer Said Summer Said The Wall Street Journal Biography @summer_said Google+ summer.said@wsj.com Updated Dec. 12, 2017 10:38 a.m. ET 3 COMMENTS DUBAI—Sau...Read More

How North Korea's Global Financing Web Works Around Sanctions

     Researchers in Washington and South Korea have identified a number of business transactions that they say show North Korea’s international financing web is more sophisticated than what was widely known previously. A report by the researchers also concluded that Pyongyang’s illicit global financial network remains highly vulnerable to international sanction...Read More

U.S. Business Prices Rose Broadly in November

      A jump in gasoline prices pushed up prices for final demand goods in November. Photo: Alan Diaz/Associated Press By Sarah Chaney Sarah Chaney The Wall Street Journal Biography @sechaney sarah.chaney@wsj.com Updated Dec. 12, 2017 11:36 a.m. ET 0 COMMENTS WASHINGTON—A gauge of U.S. business prices rose across a broad range of goods and services in November, a sig...Read More

20% vs. 22%: The Tension Over Two Points in the Corporate Tax Rate

     Two percentage points are generating a big tussle in the debate over the right corporate tax rate. As House and Senate lawmakers continue hashing out differences between their tax-overhaul bills, the prospect lingers that they could push the new corporate tax rate to 22%. Both chambers passed bills that would have cut it to 20%, down from… About Latest Posts Buz...Read More

GE Probed Who Knew About Spare Jet for Immelt

      Former Chief Executive Jeff Immelt had an extra aircraft follow his corporate jet on some overseas trips during much of his 16-year tenure. Above, the airport in Helsinki, Finland, where GE’s two jets stopped to refuel, often within a half-hour of each other, on some trips around the globe, according to flight records. Photo: Getty Images By Thomas Gryta Thomas...Read More

NFL Network Suspends Three Former Players After Sexual-Harassment Allegations

      Marshall Faulk at a press conference in New York on Dec. 5. Photo: Abbie Parr/Getty Images By Joe Flint Joe Flint The Wall Street Journal Biography @JBFlint Joe.Flint@WSJ.com Updated Dec. 12, 2017 4:50 p.m. ET 119 COMMENTS The NFL Network has suspended three members of its on-air team in response to allegations of sexual harassment made in a lawsuit by a former emplo...Read More

Atos Makes $5 Billion Offer to Buy Gemalto

     PARIS—French IT services firm Atos SA is making an unsolicited bid to buy smart-card maker Gemalto NV for €4.3 billion ($5.06 billion), part of a broader wave of deals in the payment space as rivals join forces to cut costs. Atos, which offers such services as infrastructure and cloud applications for businesses, said Monday that it had made a “friend...Read More

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