Equipment Leasing Small Business News + More 70-Fold Price Increase Puts Drug at $89,000 + MORE 02/12/2017

Chinese exports grew much faster than expected in January on rising global demand, producing the highest monthly trade surplus in nearly half a year.

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Sales of Ivanka Trump’s fashion line tumbled 32% at Nordstrom last fiscal year, with the declines deepening in the run-up to the U.S. presidential election, according to internal Nordstrom data reviewed by the Journal.

The businessman owned the Detroit Red Wings and the Detroit Tigers and was a tireless supporter of his hometown.

U.K. consumer-products maker Reckitt Benckiser has long been overshadowed by bigger rivals, and CEO Rakesh Kapoor has kept a similarly low profile. But he has made his biggest corporate splash with a $16.6 billion takeover of Mead Johnson Nutrition.

Japanese companies are raising their earnings forecasts thanks to the recent sharp weakening of the yen, although many are wary of being knocked off course by the trade policies and comments of U.S. President Donald Trump.

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Even as auto makers bristle against national emissions standards, California is arguably a bigger challenge, with its mandates that more cleaner cars be produced though they remain a tiny share of overall U.S. car sales.

Sen. John Thune and Sen. Jerry Moran rebuked Chief Executive Marissa Mayer for Yahoo’s failure to answer questions about its massive data breaches and for abruptly canceling a meeting with congressional staffers.

Daniel Tarullo, the Federal Reserve’s regulatory point man since 2009, will step down this spring, giving Donald Trump three vacancies to fill on the Fed’s board.

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Marathon Pharmaceuticals will charge $89,000 annually in the U.S. for a decades-old steroidal drug that was approved for U.S. sale for the first time on Thursday, a price that is as much as 70 times higher than the drug’s price overseas.

Two longtime advisers to the late pop star have ignited a family feud among Prince’s six known heirs over issues including the singer’s legacy, a memorial concert and the lawyers’ own conflicts of interest.