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WSJ Small Business

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

WSJ Small Business

Novartis CEO Steers Drug Maker Back to R&D

Sun, Feb 18, 2018

Vasant Narasimhan, the 41-year-old chief executive at Novartis AG, is vowing data science and digital technologies will revolutionize the company’s drug-development pipeline. ...

For Tech Giants, Halting Russian Meddling Won't Be Easy

Sun, Feb 18, 2018

The U.S. indictment handed down against three Russian companies and 13 individuals suggests it won’t be easy to stop any aggressive influence campaign in the run-up to the midterm election in less than nine months....

Silicon Valley Has a New Investment Opportunity: Your Home

Sun, Feb 18, 2018

Companies including some backed by Silicon Valley venture-capital firms and Mark Zuckerberg’s nonprofit are experimenting with a product that essentially lets them take an ownership position in a house along with the homeowner....

In Cutting Time to Market, Toy Companies Try On Fast Fashion

Sun, Feb 18, 2018

Toy companies are mimicking the moves of fast-fashion retailers as they scramble to produce toys and games tied to the swift rise and fall of trends driven by social media....

Budget Likely to Deliver Hefty Business to Defense Companies

Sun, Feb 18, 2018

The recent budget deal has handed U.S. defense companies an extra $75 billion over the next two years as the Pentagon boosts spending on aircraft, missiles, tanks and maintaining older equipment....

For the Federal Reserve, a New Chief but Same Rate Path

Fri, Feb 16, 2018

Jerome Powell is stressing continuity as he takes over as Fed chairman, which suggests the central bank will keep gradually raising interest rates this year, unperturbed by recent market volatility and signs of firming inflation....

Consumer Sentiment Rebounds in February

Fri, Feb 16, 2018

U.S. households’ confidence in the economic outlook rebounded this month, as a gauge of consumer sentiment hit its second-highest level since 2004....

The Rise of the Jumbo Student Loan

Fri, Feb 16, 2018

Most borrowers who left college or graduate school owing at least $50,000 in student loans in 2010 had failed to pay down any of their debt four years later, according to a study by the Brookings Institution. ...

U.S. Home Construction Rose 9.7% in January

Fri, Feb 16, 2018

Housing construction got off to a strong start in 2018, which could help boost economic growth and ease home-price increases in the coming months....

U.S. Import Prices Rise in January

Fri, Feb 16, 2018

Prices for foreign-made goods imported to the U.S. rose in January, driven by a broad range of product price increases and capping a week of solid inflation readings. ...