What’s News
Election 2016
America Votes After Bruising Race
As Election Day arrived, the nation went to the polls to cast their ballots after the divisive and volatile presidential campaign between Republican Donald Trump and Democrat Hillary Clinton.
Election Day 2016: Live Analysis
Trump Tower in New York looks like a fortress; the candidates cast their ballots; attorneys are at the ready; vigilance for any signs of voter intimidation and voter fraud; voices from voters, some of whom are “holding their noses.”
The Crucial Senate Races
The Senate is up for grabs again, just two years after Republicans took control for the first time since 2007. Most of the Senate seats considered the most competitive are currently held by Republicans—many in states won by President Obama. Here are 12 races to watch.
Stocks, Bond Yields Climb Ahead of Election Results
U.S. stocks and Treasury yields climbed, reversing earlier losses, as polls opened in a fractious U.S. presidential race. Oil edged higher, while the dollar was little changed.
U.S. Says Aluminum Exports From Chinese Firm Evaded Restrictions
The Commerce Department, in a preliminary finding, said certain aluminum exports by China Zhongwang to the U.S. circumvented antidumping restrictions imposed on the company in 2010.
EU Considers Freezing Turkey Membership Talks
The EU is considering freezing talks over Turkey’s decadeslong bid to join the bloc as tensions flare over the government’s crackdown in the wake of July’s failed coup.
Mind the Gap: Toblerone Customers Short-Changed by Shape Change
Chocolate maker Mondelez defended its decision in the U.K. to change the shape of a version of its Toblerone chocolate, blaming the rising cost of ingredients.
Election 2016
Guess the Electoral Map
Management
The Two Words That Earn CEOs a Pay Raise
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JOIN NOWCVS Warns of Prescriptions Shift, Shares Tumble
CVS Health warned that it stands to lose 40 million prescriptions next year as deals signed by rival Walgreens Boots Alliance with other participants in the drug supply chain shut out CVS stores.
Valeant Stock Slides After Profit Forecast Is Chopped
Valeant returned to slashing its annual outlook, signaling the pharmaceutical company is still hemorrhaging from missteps over the past year and indicating it may take longer than expected to remake its business.
Europe’s Taxman Could Have Amazon in Its Crosshairs
Amazon.com could be the next company to come under scrutiny by Europe’s taxman, and the stakes could be especially high for the Seattle online retailer because it operates on slim margins.
Samsung Offices Raided as Scandal Around President Park Grows
South Korean prosecutors raided the offices of Samsung Electronics as a growing political scandal surrounding the country’s leader drew attention to influential conglomerates.
OPEC Warns Oil Prices Will Stay Low for Longer
Crude-oil prices will rebound much less than expected in the next four years, OPEC said, because supply and demand haven’t reacted to the oil slump as strongly as expected.
Libor Alternatives Have Their Own Issues
Efforts to replace the compromised Libor financial benchmark are running into their own problems, in part thanks to new rules governing money-market funds.
Total to Finance Iran Project With Euros to Avoid U.S. Sanctions
France’s Total will avoid U.S. sanctions on Iran by using its own euro-denominated cash to finance the first Western energy deal in the Islamic Republic since international restrictions over its nuclear program were lifted this year.
Cybersecurity Is Worry for Wall Street as U.S. Demands More Data
Financial firms say numerous breaches at federal agencies are a cause of concern that the government won’t be able to safeguard sensitive and valuable information.
Property Report
Office Pileup Gets Worse in Houston
Houston landlords are being hammered by vacancies and sagging rents that are plunging the office market into its worst state since the oil bust of the 1980s.
Management
Companies Rethink Sales Rewards
Companies are looking beyond commissions to spur salespeople and find a way to better serve customers, while discouraging undesired behavior.
Dallas Cowboys Heir Opens Up About Getting Almost Fired
Charlotte Jones Anderson, executive vice president and chief brand officer of the Dallas Cowboys, discusses what it is like to disagree with her dad over business decisions and recalls a time she almost got fired by her own father.
U.S.
NCAA Won’t Pursue Penn State-Like Punishment for Baylor
The governing body for college sports informs school that it will not impose sweeping sanctions in the wake of a sexual-assault scandal; alumni protests fester in Waco
Food & Drink
Mega Meal
A Celebration-Worthy Bread Pudding: The Recipe
When it comes to special-occasion baking, this elegant apple bread pudding takes the cake.
Could Cottage Cheese Ever Be Cool?
The ‘70s diet food may still be goopy but it has new packaging, new flavors and lots of protein, just like Greek yogurt.
Video
Election 2016: How Do You Explain the Campaign to Your Kids?
6:09
Trump and Clinton Make Closing Arguments in Final Election Stretch
3:50
Clinton Wins Dixville Notch, N.H., Midnight Vote
2:24Business
Johnson Controls Swings to a Loss
Johnson Controls swung to a loss in its fourth quarter amid costs linked to the spinoff of its auto-parts business and its merger with Tyco International, though revenue and adjusted earnings exceeded expectations.
Photos
That’s Debatable
Do Guys Still Need to Wear a Belt With a Suit?
As fashion sours on the cinched look, some suit wearers reject belts as unnecessary and visually distracting, while others strongly disagree. Where do you stand? 73