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British Airways Cancels Flights After Computer Failure

A far-reaching computer outage forced British Airways to cancel a large number of flights and warn of further disruption Sunday during one of the U.K.’s busiest travel weekends and the long Memorial Day break in the U.S. Click for Full Story: https://www.wsj.com/articles/british-airways-cancels-flights-after-computer-failure-1495891076?mod=pls_whats_news_us_business_f

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Chairman of Meatpacker at Center of Brazil Corruption Probe Resigns

Brazil’s JBS, the meatpacker at the center of the country’s vast corruption scandal, said Friday that billionaire Joesley Batista has stepped down as the company’s chairman. Click for Full Story: https://www.wsj.com/articles/jbs-chairman-joesley-batista-resigns-1495837143?mod=pls_whats_news_us_business_f

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Anadarko’s Colorado Operations Draw Criticism After Second Deadly Blast

A second deadly accident in Colorado involving Anadarko Petroleum Corp. is spurring criticism of the company’s oil and gas operations in the state. Click for Full Story: https://www.wsj.com/articles/anadarkos-colorado-operations-under-more-scrutiny-after-second-deadly-blast-1495824506?mod=pls_whats_news_us_business_f

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CEA Nominee Hassett Worked as Citigroup Consultant

Financial disclosures filed by Kevin Hassett show the nominee to be chairman of the White House Council of Economic Advisers worked as a consultant for Citigroup Inc., whose ties with the previous administration rankled some Democrats. Click for Full Story: https://www.wsj.com/articles/cea-nominee-hassett-worked-as-citigroup-consultant-financial-disclosures-show-1495828056?mod=pls_whats_news_us_business_f

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Rural America Is the New ‘Inner City’

A Wall Street Journal analysis shows that since the 1990s, sparsely populated counties have replaced large cities as America’s most troubled areas by key measures of socioeconomic well-being—a decline that’s accelerating. Click for Full Story: https://www.wsj.com/articles/rural-america-is-the-new-inner-city-1495817008?mod=pls_whats_news_us_business_f

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Treasury Chief’s Fiancée Will Resign From Ratpac-Dune CEO Post

Steven Mnuchin’s fiancée will resign from her temporary role as CEO of the film financing company he founded, leaving when he divests his interest in the company by mid-June, the Treasury Department said. Click for Full Story: https://www.wsj.com/articles/treasury-chiefs-fiancee-will-resign-from-ratpac-dune-ceo-post-1495818244?mod=pls_whats_news_us_business_f

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Leaders to Confront Trump at G-7 on Climate and Trade

Trans-Atlantic tensions over trade and climate change hung over the start of the Group of 7 summit Friday in Sicily, the last stop in President Donald Trump’s first overseas trip since taking office. Click for Full Story: https://www.wsj.com/articles/trump-faces-tensions-at-g-7-summit-1495803166?mod=pls_whats_news_us_business_f

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