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Toshiba Revives Talks With Foxconn Over Chip Unit

Toshiba said it has reopened talks with Foxconn Technology Group and Western Digital Corp. over selling its memory-chip unit, erasing a Japanese-led group’s status as the preferred buyer in a deal potentially worth $20 billion. Click for Full Story: https://www.wsj.com/articles/toshiba-revives-talks-with-foxconn-over-chip-unit-1502363229?mod=pls_whats_news_us_business_f

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SoftBank Filings Confirm It’s Taking Extra Risk in Giant Tech Fund

Filings by SoftBank Group show it has taken on outsize risk in its new SoftBank Vision Fund, which has said it would have at least $93 billion to put into big technology bets. Click for Full Story: https://www.wsj.com/articles/softbank-filings-confirm-its-taking-extra-risk-in-the-worlds-largest-tech-fund-1502360288?mod=pls_whats_news_us_business_f

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Departments Stores Slow Declines in Sales

Macy’s and Kohl’s reported second-quarter financial results Thursday that showed a slower decline in same-store sales from the beginning of the year, which followed a disappointing holiday season. Click for Full Story: https://www.wsj.com/articles/departments-stores-slow-declines-in-sales-1502370175?mod=pls_whats_news_us_business_f

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Blue Apron Misses Estimates in First Earnings Report

Blue Apron said Thursday that revenue rose in the latest quarter but it lost more money than analysts had expected, providing its first update to investors since going public in June. Click for Full Story: https://www.wsj.com/articles/blue-apron-misses-estimates-in-first-earnings-report-1502368898?mod=pls_whats_news_us_business_f

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Counterfeiters Cast Shadow Over Sales of Eclipse Glasses

Demand for special glasses to view the coming solar eclipse is stretching manufacturers and prompting warnings of fake products that could threaten viewers’ eyesight. Click for Full Story: https://www.wsj.com/articles/counterfeiters-cast-a-shadow-on-booming-sales-of-eclipse-glasses-1502366402?mod=pls_whats_news_us_business_f

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Investors Question Oil Output in America’s Fastest-Growing Field

Investors helped turn West Texas’ Permian Basin into America’s fastest-growing oil field, but their confidence is cracking over whether drillers can keep production rising. Click for Full Story: https://www.wsj.com/articles/investors-question-oil-output-in-permian-basin-americas-fastest-growing-field-1502325779?mod=pls_whats_news_us_business_f

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Malware Stored in Synthetic DNA Can Take Over a PC, Researchers Find

University of Washington researchers demonstrated a sophisticated new computer security risk, showing how malicious software hiding in synthetic strands of genetic code could overtake a PC during DNA analysis. Click for Full Story: https://www.wsj.com/articles/malware-stored-in-synthetic-dna-can-take-over-a-pc-researchers-find-1502337660?mod=pls_whats_news_us_business_f

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Spread the News: Vitamin in Vegemite Prevents Some Birth Defects

Australian researchers have found that Vitamin B3, which can be found in Vegemite and similar spreads, supplements and other foods, can counter a rare genetic cause of birth defects. Click for Full Story: https://www.wsj.com/articles/spread-the-news-vitamin-b3-in-vegemite-prevents-some-birth-defects-1502352143?mod=pls_whats_news_us_business_f

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Chinese App Developers File Antitrust Complaint Against Apple

A group of 28 Chinese app developers filed a complaint against Apple, accusing the company of engaging in monopolistic behavior by removing apps from the App Store without detailed explanation and charging excessive fees for in-app purchases. Click for Full Story: https://www.wsj.com/articles/chinese-app-developers-file-antitrust-complaint-against-apple-1502347222?mod=pls_whats_news_us_business_f

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