States' Next Target on Sales Taxes: Sellers on Amazon

After spending years fighting Amazon.com to force it to collect sales taxes, U.S. states are turning their attention to the individuals and small companies that account for a growing share of the online marketplace's sales.

 
GE Chief Says 'Climate Change Is Real' in Rebuke to Trump Policy

General Electric CEO Jeffrey Immelt defended efforts to reduce emissions and fight climate change after President Donald Trump reversed rules pushing U.S. utilities to use cleaner-burning fuels.

 
Departed Disney Executive Linked to Firm That Used Brand Without Approval

A Chinese executive who left Walt Disney after an internal inquiry has links to a Hong Kong company that used Disney's brand for a project in China without approval, documents show.

 
'You Are All Liars': Toshiba Shareholders Vent After Westinghouse Bankruptcy

Toshiba shareholders, some of them in tears, denounced management at a shareholders' meeting and asked why the Japanese conglomerate had plowed billions of dollars into a now-bankrupt U.S. nuclear business.

 
ConocoPhillips to Sell Chunk of Canadian Oil-Sands Assets

ConocoPhillips is selling a large portion of its Canadian oil-sands assets to Cenovus Energy to pay down debt and significantly increase stock buybacks, marking the latest exit from the oil sands by non-Canadian player.

 
Uber Self-Driving Car Crash Detailed in Police Report

The Tempe, Ariz., police report revealed Uber's sport-utility vehicle was hit after entering an intersection on a yellow light and that turning traffic blocked both parties' views before the collision.

 
FCC Tees Up Rule Change That Could Spur TV Industry Mergers

The proposal, if approved by the Federal Communications Commission, would effectively loosen a national cap on audience share for station owners and could touch off a wave of deals among media companies.

 
Chinese Bank Profits Improve, But Interest Is Fading

For the first time since at least the 2008 global financial crisis, China's major lenders earned less in 2016 from interest payments than a year earlier, spurring them toward riskier investments.

 
Merrill Lynch Restructures Leadership

Bank of America Corp.'s brokerage arm is thinning some of its executive ranks and shuffling others in an effort to get brokers collecting more assets and producing more revenue, according to a memorandum viewed by The Wall Street Journal.

 
Legg Mason to Cut 3% of Corporate Staff

Legg Mason is laying off 3% of its corporate staff because of "disruption" in the money management industry.

(END) Dow Jones Newswires

March 30, 2017 09:15 ET (13:15 GMT)

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