Alibaba Posts Lower Profit as Chinese Tech Giant Boosts Spending
Alibaba Group Holding Ltd. reported an increase in revenue in the latest quarter, but profits fell as the e-commerce behemoth...
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Breaking Business News/Latest Business Updates/World Business News Update
Cable, Internet Companies Stand to Gain From Broadband Funding in Infrastructure Bill
WASHINGTON—The $1 trillion infrastructure bill moving through the Senate this week stands to be a windfall for cable and fiber-optic...
Masks Are Back On at Home Depot, McDonald’s and Target
The masks are back. On Monday, Home Depot Corp. , McDonald’s Corp , Target Corp. and Facebook Inc. said they...
Debt Ceiling Deadline: What It Means and How Congress Can Act
WASHINGTON—The clock is ticking for Congress to reach a deal to raise the federal borrowing limit, or debt ceiling, before...
Progressives Raise Heat on Nancy Pelosi Over Eviction Moratorium
WASHINGTON—House Speaker Nancy Pelosi (D., Calif.) is facing an uprising from the progressive wing of the Democratic caucus, which is...
Fed Chairman Powell’s Approach to Regulation Has Drawn Criticism From Some Democrats
President Biden’s looming decision about who should be the next Federal Reserve chairman is prompting reviews of the current chief’s...
Tech Startup Financing Hits Records as Giant Funds Dwarf Venture Capitalists
Big money-management firms expanded their dominance in Silicon Valley last quarter, crowding out venture capitalists in a once-niche business and...
Succession Drama Grips Scholastic: CEO’s Sudden Death, an Office Romance and a Surprise Will
The longtime head of Scholastic Corp., M. Richard Robinson Jr., died suddenly in June on a walk in Martha’s Vineyard....
How to Make Friends While Working from Home? Ask These Office Newbies.
Jacob Ma wasn’t going to let the fact that his new job kept him at home all day stop him...
Behind the Rise of U.S. Solar Power, a Mountain of Chinese Coal
Solar panel installations are surging in the U.S. and Europe as Western countries seek to cut their reliance on fossil...
Towns Trying to Ban Natural Gas Face Resistance in Their Push for All-Electric Homes
Massachusetts is emerging as a key battleground in the U.S. fight over whether to phase out natural gas for home...
Is a Four-Day Week the Future of Work?
Kickstarter Chief Executive Aziz Hasan had to embrace remote work during the initial stage of the pandemic. Now this boss...
Fed’s Brainard Says Labor Market Hasn’t Satisfied Goals for Reducing Bond Purchases
The U.S. labor market hasn’t achieved enough progress to justify a pullback in the Federal Reserve’s stimulus program but is...
Procter & Gamble Warns of Higher Costs and Slower Sales
Procter & Gamble Co. gave a somber outlook for the year ahead, predicting slower sales and historically high costs for...
Bezos’ Blue Origin Rebuffed in Its Protest of Moon Lander Contract
A federal agency upheld the decision to make Elon Musk’s SpaceX the sole winner of a contract to develop a...
Walmart, Disney to Require Vaccines for Certain Workers
Walmart Inc. and Walt Disney Co. are requiring certain workers to get vaccinated for Covid-19 amid a shift in federal...
Exxon, Chevron Report Billions in Profits but Plan to Keep Spending Tight
Big oil companies are raking in their highest profits since the onset of the coronavirus pandemic, but they plan to...
WSJ News Exclusive | MyPillow to Pull Ads From Fox News in Disagreement With Network
The chief executive of MyPillow Inc., one of Fox News’s big advertisers, said he is pulling his ads from the...
Boeing Space Flight Postponed After Mishap at Space Station
The National Aeronautics and Space Administration and Boeing Co. postponed the launch of the company’s Starliner space capsule after a...
Nikola Founder Trevor Milton Charged With Securities Fraud
Trevor Milton, the founder of Nikola Corp. and onetime executive chairman of the electric-truck startup, was indicted Thursday on securities-fraud...
