Wal-Mart Stores Inc.’s U.S. chief Bill Simon urged companies to create domestic manufacturing jobs, saying the effort is good for businesses as it cuts costs by having goods produced closer to where they are consumed.
Pattern Energy Group LP, a closely held renewable energy company backed by private-equity investor Riverstone Holdings LLC, began construction on a 218-megawatt wind farm in Texas with financing from General Electric Co. and Citigroup Inc.
Corporate bonds with AAA ratings are yielding more than debt graded a tier lower, a divergence that’s happened only twice in the past decade as investors sour on securities with the most to lose when interest rates rise.
Researchers have devised a way to shoot focused beams of ultrasound through the skull to calm essential tremor, potentially the first non-invasive approach for hard-to-treat forms of the involuntary-shaking disorder.
U.S. antitrust chief Bill Baer had been heard talking tough in Washington about going after the nation’s largest companies days before he slapped AMR Corp. and US Airways Inc. with a lawsuit to block their merger, a person familiar with his comments said.