Biden Asks Congress to Extend Federal Eviction Moratorium
President Joe Biden believes Congress must extend the moratorium. Photo: erin scott/Reuters July 29, 2021 11:10 am ET The Biden...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
WSJ News Exclusive | Didi Global Considers Going Private to Placate China and Compensate Investors
HONG KONG—Ride-hailing giant Didi Global Inc. is considering going private in order to placate authorities in China and compensate investors...
Samsung Profit Rises 73% as Memory-Chip Demand Surges
SEOUL— Samsung Electronics Co. offset relative weakness in smartphone shipments by capitalizing on another quarter of roaring demand for its...
Fed Launches Standing Repo Facility to Boost Market Liquidity
The Federal Reserve is launching new facilities designed to provide liquidity to big Wall Street banks and foreign institutions like...
Treasury Market Meltdown in 2020 Shows Need for Overhaul, Report Finds
A global dash for cash sparked by the coronavirus pandemic in March 2020 forced the Federal Reserve to buy hundreds...
Starbucks, Facing Higher Costs, Pushes Upscale Coffee
Starbucks Corp. said higher labor and supply costs are likely to linger for months, adding that it is promoting higher-end...
WSJ News Exclusive | Ride-Sharing Startup Swvl Nearing Deal to Go Public With Female-Led SPAC
Middle East-based ride-sharing technology startup Swvl Inc. is nearing a deal to go public via a merger with a special-purpose...
Apple Profit Sets Record on Strong iPhone Sales
Apple Inc. AAPL -1.49% on Tuesday posted a record spring-quarter profit as customers keep embracing new iPhones and other devices,...
UPS Ships Fewer Packages as Pandemic Boom Wanes
United Parcel Service Inc. UPS -8.60% posted a 14.5% increase in second-quarter sales despite shipping fewer packages than it did...
China’s Tech Regulator Orders Companies to Fix Anticompetitive, Security Issues
China’s main technology-sector regulator ordered the country’s internet giants to fix certain anticompetitive practices and data security threats, building on...
Chevron Foe Steven Donziger Found Guilty of Contempt in Ecuador Saga
Disbarred attorney Steven Donziger was found guilty of six counts of criminal contempt of court, the latest twist in a...
Tesla’s Quarterly Profit Soars to Record $1.1 Billion
Tesla Inc.’s quarterly profit rose to record levels as the car maker largely evaded the effects of a global chip...
Aon, Willis Towers Scrap $30 Billion Merger Amid Antitrust Impasse
Aon PLC and Willis Towers Watson PLC abandoned a more than $30 billion tie-up to create the world’s largest insurance...
Make a Call on Quitting Your Job Without Any Regrets
It feels like everyone’s doing it. More than 7.5 million workers quit their jobs in April and May, up from...
Economy Week Ahead: The Fed, U.S. GDP, Eurozone GDP
The Federal Reserve’s policy meeting and U.S. economic-growth figures are the focus this week. MONDAY U.S. new-home sales are expected...
U.S. Population Growth, an Economic Driver, Grinds to a Halt
America’s weak population growth, already held back by a decadelong fertility slump, is dropping closer to zero because of the...
U.S. Set to Push Global Economy Over the Recovery Line
The U.S. economy likely returned to its late-2019 size during the three months through June, helping to lift global output...
Ratings for Olympics Opening Ceremony Fall 36% From 2016
The kickoff of the Summer Olympics in Tokyo drew about 17 million viewers in the U.S. on Friday on NBC,...
Apple, Amazon, Tesla Among the Giants Set to Post Results
Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving...
Chicago Casino Would Be a Costly Bet, Gambling Operators Say
Chicago leaders are searching for a company to build the city’s first casino, but big gambling operators are concerned that...
