Business & Finance News - Wall Street Journal

In Unusual Bet, Activist Icahn Takes Stake in Startup Lyft

Carl Icahn is betting $100 million that ride-sharing startup Lyft can keep growing in a world increasingly dominated by its larger rival, Uber.

FBI Delves Into Dubious Avon Bid

The bidder of an apparently bogus takeover offer was said to be registered in a cluster of Indian Ocean islands.

Chaos in Arb Shops After Avon Filing

Can Google Outsell Amazon and eBay?

Google will launch buy buttons on its search-result pages in coming weeks, a controversial step by the company toward becoming an online marketplace rivaling those run by Amazon.com and eBay.

Blue Bell Will Lay Off 1,450 Employees

Ice-cream maker Blue Bell Creameries said it would lay off 37% of its 3,900 employees as it works to recover from a sweeping recall of all its products last month because of a listeria outbreak.

Hertz to Raise Car Rental Rates

Hertz will raise U.S. airport retail car-rental fees by $5 a day and $20 a week, starting next month. The move is a gamble by a new CEO to boost profits in a competitive market.

Tech

Hon Hai Enjoys Big iPhone Bump
U.S. Economy

Growth Hiccups Vex Fed Yet Again
Tech

Belgian Watchdog Raps Facebook for Use of Personal Data

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Corporate Intelligence
- Hertz Makes a Move to Drive Price Of U.S. Rental Cars Up
  
  Travelers complaining about the price of airline tickets may have been taking solace in the fact that a rental car has still been pretty inexpensive to hire. Hertz Global Holdings Inc. is set to change that tune.
- U.K. Biotech Circassia Moves Into Asthma With Two Acquisitions
- AutoNation Jump-Starts $10 Million Sweepstakes

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Travelers complaining about the price of airline tickets may have been taking solace in the fact that a rental car has still been pretty inexpensive to hire. Hertz Global Holdings Inc. is set to change that tune.

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