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What's News |
| Good Morning Here's what we're watching as the U.S. business day gets under way: |
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Saudi oil attack came from Iran, U.S. says. American intelligence indicates Iran was the staging ground for a debilitating attack on Saudi Arabia’s oil industry, as Washington and the kingdom weighed how to respond and oil prices soared. Today, oil prices stabilized as global stocks wavered. |
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Diplomacy is hard. Stopping diplomacy is relatively easy. This rule is important to keep in mind in the aftermath of attacks on Saudi oil installations, Gerald F. Seib writes. |
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WeWork parent set to postpone troubled IPO. The delay reflects the difficulty the company has had getting the offering off the ground, even after dramatically slicing its valuation and revamping its governance. 🎧 Hear more from reporter Maureen Farrell in today's What's News podcast. |
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Why Fed officials aren't saying more about rate outlook. Fed Chairman Jerome Powell is leading his colleagues to cut interest rates by a quarter percentage point at their meeting this week, for the second time in as many months. |
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Turf war on tech probe intensifies. Bad blood between the U.S. government’s two antitrust enforcers has grown more intense as both assert authority over investigations into whether big technology companies are engaging in anticompetitive behavior. |
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Panel to rebuke FAA over 737 MAX. A panel of international air-safety regulators is finishing a report expected to criticize the initial U.S. approval process for Boeing’s 737 MAX jets. |
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iPhone reviews: It’s all about the battery. Personal technology columnist Joanna Stern writes that with the iPhone 11 and 11 Pro models, Apple finally addressed the biggest user concern: battery life. |
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The upgrader's guide to the new iPhones. Our columnist also has some advice for people upgrading their old iPhone. After all, the latest and greatest aren’t your only options. |
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| ILLUSTRATION: JESSICA KURONEN/THE WALL STREET JOURNAL |
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Amazon's search change boosts its own products. The e-commerce giant overcame internal dissent from engineers and lawyers, people familiar with the move say. The previously undisclosed change, which could help other products, too, risks further antitrust scrutiny. |
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New York prosecutors subpoena Trump tax returns. State prosecutors in Manhattan have subpoenaed eight years of President Trump’s tax returns as part of a probe into whether a payment to adult-film actress Stormy Daniels violated a law against falsifying business records. |
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UAW strike could cost GM $100 million daily. Auto-industry analysts estimate that the walkout—which began Monday and involves roughly 46,000 full-time workers in more than 30 factories across 10 states—could dent General Motors’s profit by between $50 million and $100 million daily. |
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Netflix reaches streaming deal for "Seinfeld." The streaming giant has struck a five-year deal with Sony Pictures Television to become the exclusive world-wide streaming home of the hit NBC comedy. |
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Panic in Pittsburgh. If you're a Steelers fan, Ben Roethlisberger being out for the season with an elbow injury is a bleak, soul-challenging moment, writes Jason Gay. It’s time for a Premature Panic Party. |
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For cancer survivors, what comes next? As more patients are treated successfully, doctors and researchers are focusing more on helping people navigate the difficult, often lonely, years after treatment. |
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Don't assume you should buy a home. A home of one’s own remains an integral part of The American Dream, but depending on the situation, a house may not be as good an investment as it once was—especially in the hottest housing markets. Read our full coverage on the new rules of money here. |
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| Highlights from our trade coverage |
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1. Some U.S. products will be exempt from China tariffs. The waiver for soybeans, pork and other farm goods is the latest effort to ease tensions ahead of negotiations next month. 2. China is looking to narrow the scope of talks with the U.S. Beijing wants to focus on trade matters, putting thornier national-security issues on a separate track in a bid to break deadlocked talks. 3. Manufacturers are investing less in their factories and workforces. The problem? The trade dispute with China is making it more difficult for executives to anticipate costs and demand. Want more on trade and the economy? Sign up to get our daily Real Time Economics newsletter delivered to your inbox for the latest insight and analysis. — Jeffrey Sparshott |
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Tourists overpower Moab. Frustrated Utah residents are dealing with the consequences of the explosive growth in visitors that followed a marketing campaign for the state’s “Mighty 5” national parks. |
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Trading Resumes After 9/11 Attacks After a four-day closure following the Sept. 11 terrorist attacks, trading resumed at the New York Stock Exchange and Nasdaq, with U.S. stocks falling sharply. The Dow's plunge of 684 points was the worst in history at the time, though at just over 7% it ranked as the 14th worst in percentage terms. |
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