EU Support Grows for Russia Oil Ban Over Ukraine War
Support for a European Union-wide ban on the purchase of Russian oil is growing inside the bloc, according to diplomats...
Month: March 2022
Central Banks Grapple With Dual Threat of Slowing Growth, Rising Inflation
The war in Ukraine is casting a stagflationary shadow over the world economy and posing a dilemma for central banks:...
Nielsen Rejects Roughly $9 Billion Takeover Offer From Private-Equity Consortium
Nielsen CEO David Kenny in 2019 Photo: Paul Miller/Bloomberg News March 20, 2022 9:33 pm ET Nielsen Holdings NLSN 2.17%...
Economy Week Ahead: Powell, Housing, Factories
Reports on factory activity and the housing market highlight this week’s slate of economic data. Monday Federal Reserve Chairman Jerome...
Aramco Profit Hits $110 Billion as Saudis Seek to Expand Investments
DUBAI—State oil giant Saudi Aramco said Sunday its 2021 net profit more than doubled to $110 billion, a boon to...
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
Canadian Pacific Railway Ltd. trains were halted Sunday morning following an impasse in contract negotiations between the company and its...
Howard Schultz, Returning to Starbucks, Seeks New Start With Baristas
Last November, Howard Schultz traveled to Buffalo, N.Y., with a message to workers considering forming a union: Starbucks would do...
The Month Companies United Against Russia’s War
About 10 minutes into Sunday church services, Visa Inc. Chief Executive Alfred Kelly looked down at his phone and saw...
Alexa for Animals: AI Is Teaching Us How Creatures Communicate
Artificial intelligence has already enabled humans to chat with robots like Alexa and Siri that were inspired by science fiction....
Ex-Boeing Pilot Heads to Court Over 737 MAX Charges
FORT WORTH, Texas—The trial of a former Boeing Co. pilot, accused of misleading federal air-safety regulators before two 737 MAX...
Amazon Wins Dismissal of D.C. Antitrust Lawsuit Over Pricing
WASHINGTON—Amazon.com Inc. won dismissal on Friday of an antitrust lawsuit brought against it by the District of Columbia, which had...
GM Buys SoftBank’s Stake in Its Driverless Car Unit Cruise
General Motors Co. GM 2.66% said it is buying out SoftBank Vision Fund L.P.’s stake in its Cruise division for...
Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made...
Biden Emphasizes Deficit Reduction in Bid to Pass Economic Agenda
WASHINGTON—The Biden administration and top Democrats are embracing efforts to reduce the federal deficit as they seek to gain support...
GE Cuts Larry Culp’s 2022 Pay After Shareholder Protest
General Electric Co. said Chief Executive Larry Culp agreed to reduce his potential compensation by about $10 million this year,...
WSJ News Exclusive | Chobani Hires Former Juul CEO as President
Kevin Burns is rejoining Chobani as its new president and CEO. Photo: Guy Wathen/The San Francisco Chronicle/Getty Images Chobani Inc....
Amazon Closes Deal to Acquire MGM
The move comes after Amazon certified to the FTC that it had provided all the information requested by antitrust investigators...
Shoppers Reach Their Limits on Some Price Increases
Apparel retailers and department stores are bumping up against pockets of price resistance, a sign that consumers are curtailing spending...
Canadian Pacific Railway Threatens Lockout in Labor Dispute
A lockout or possible strike action at Canadian Pacific would strand large volumes of shipments of commodities and manufacturing and consumer...
Former Starbucks CEO Howard Schultz to Return as Chain Faces Union Push, Rising Costs
Howard Schultz is returning to lead Starbucks Corp. SBUX 5.16% for a third time, saying the company he helped become...
