The Wall Street Journal Business

And the Amazon Finalists Are...

Amazon named 20 metropolitan areas as finalists for its second headquarters after reviewing 238 proposals from across the U.S., Canada and Mexico. New York, Chicago, Columbus, Ohio, and Indianapolis are among the choices.

See the Full List of Cities

Surprise on the Short List

Comparing the Contenders

Google and China’s Tencent Find Being Friends Has Benefits

Google and Tencent will license each other’s technology patents, a deal that could help the former broaden its toehold in the Chinese market and accelerate the global expansion of the latter.

U.S. Oil Output Expected to Surpass Saudi Arabia, Rivaling Russia

Surging U.S. crude oil production this year is expected to surpass output in Saudi Arabia and rival that of Russia, the world’s two largest oil producers, the International Energy Agency said.

Why U.S. Companies May Lose the AI Race

Chinese rivals are gaining fast because of rising investment, as well as freer access to enormous amounts of data about people, often compiled with the help of government agencies.

IBM Revenue Grows for the First Time Since 2012

International Business Machines Corp. reported higher revenue for the first time in 23 quarters and signaled continued growth into 2018, giving Chief Executive Ginni Rometty breathing space as she tries to turn around the century-old tech giant.