The Wall Street Journal: Charles Rettig wins confirmation as IRS commissioner

The Wall Street Journal: Charles Rettig wins confirmation as IRS commissioner
WASHINGTON — The Senate confirmed Charles Rettig to run the Internal Revenue Service, giving the veteran California tax lawyer one of the toughest, most thankless jobs in the federal government. Rettig, who spent his career representing wealthy taxpayers and businesses in complex disputes with the government, gets a term that runs until November 2022. He will replace David Kautter, the... Read More

MarketWatch First Take: From iPhone to AIPhone: Apple’s new chips are key to its future

MarketWatch First Take: From iPhone to AIPhone: Apple’s new chips are key to its future
Apple Inc.’s three new iPhones contain a cluster of chips that the company designed itself, including an artificial-intelligence chip that literally will make its smartphones even smarter, as the world’s most valuable public company thrusts itself into leadership in a new area. Inside Apple’s AAPL, -1.24%  three new sleek and glossy iPhones that it launched Wednesday is a system-on-a-chip module... Read More

The Wall Street Journal: U.S. offers renewed trade talks with China to avert new tariffs

The Wall Street Journal: U.S. offers renewed trade talks with China to avert new tariffs
The Trump administration is giving Beijing another chance to try to stave off new tariffs on $200 billion in Chinese exports, asking top officials for a fresh round of trade talks later this month, people briefed on the matter said. The invitation from Treasury Secretary Steven Mnuchin comes as some Trump officials said they sense a new vulnerability — and... Read More

The Wall Street Journal: AT&T CEO suggests shifting spending from Turner networks to HBO

The Wall Street Journal: AT&T CEO suggests shifting spending from Turner networks to HBO
AT&T Inc.’s boss said the company may shift resources to HBO from other parts of its newly acquired Time Warner business to step up programming investments and use data on its customers’ tastes and habits to inform its content bets, part of a plan to compete with streaming giant Netflix Inc. Chief Executive Randall Stephenson also said the reams of... Read More

The Wall Street Journal: ‘60 Minutes’ producer Jeff Fager leaves CBS after threatening email to reporter

The Wall Street Journal: ‘60 Minutes’ producer Jeff Fager leaves CBS after threatening email to reporter
Jeff Fager, the executive producer of “60 Minutes” and one of the most powerful figures in television news, is leaving CBS CBS, -0.47%  , the company said Wednesday. Fager sent a text message to CBS News Correspondent Jericka Duncan, who has been covering the various scandals that have engulfed the company and its news division, warning her to tread carefully... Read More

Key Words: ‘Designing Women’ creator details how Les Moonves derailed her career

Key Words: ‘Designing Women’ creator details how Les Moonves derailed her career
“People asked me for years, ‘Where have you been? What happened to you?’ Les Moonves happened to me.” Those are the words of Linda Bloodworth Thomason, a onetime TV hitmaker for CBS Corp. CBS, -0.47%  , in a scathing guest column published Wednesday by the Hollywood Reporter. Bloodworth Thomason, a writer and producer best known for her 1990s sitcoms “Designing... Read More

Outside the Box: A CEO explains why you should stop lying to your employees

Outside the Box: A CEO explains why you should stop lying to your employees
Leaders lie. They lie all the time. If a business is slumping, leaders tell their employees all is great. Leaders rationalize these lies by telling themselves what employees don’t know about our company’s problems won’t hurt them. Many leaders are just as afraid of sharing the truth with their managers and investors. Reality check: The truth always comes out. Employees... Read More

The Wall Street Journal: Shares of Chinese electric-car startup Nio rally in Wall Street debut

The Wall Street Journal: Shares of Chinese electric-car startup Nio rally in Wall Street debut
Chinese electric-vehicle maker Nio Inc. NIO, +5.43%   rallied in its market debut Wednesday after the Shanghai-based company, which has billed itself as an emerging rival to Tesla Inc. TSLA, +3.97%  , priced its offering in the U.S. near the bottom of expectations. The startup, backed by Chinese internet giant Tencent Holdings Ltd. 0700, +0.13%  , had to contend with... Read More

Personal Finance Daily: Why trip insurance may not help when a hurricane ruins your cruise vacation and how your iPhone could save your life

Personal Finance Daily: Why trip insurance may not help when a hurricane ruins your cruise vacation and how your iPhone could save your life
Happy Wednesday, MarketWatchers. Here are today’s top personal finance stories. Personal Finance Why it’s better to give restaurant workers the minimum wage (than argue over tips) A new analysis finds Washington, D.C. and other cities may benefit from eliminating tips. There’s now a $1,000 gulf between Apple’s cheapest and most expensive iPhones Apple didn’t mention the SE and 6 models... Read More