Trial Begins in Justice Department’s Bid to Block Book Publishing Merger
WASHINGTON—Trial proceedings kicked off in the Justice Department’s antitrust challenge to Penguin Random House’s planned acquisition of rival publisher Simon...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
Economy Week Ahead: Hiring and Trade in Focus
New Mexico state Sen. Michael Padilla’s office hosted a job fair in Albuquerque in July. Photo: Albuquerque Journal/Zuma Press Monday...
China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery
China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on...
Black and Hispanic Employees Often Get Stuck at the Lowest Rung of the Workplace
For all of the effort companies have poured into hiring and advancing people of color, those moves rarely benefit the...
Silicon Valley Lurches Between Deep Cuts and Bold Spending
Startups are getting mixed signals as concerns about stock market volatility and the prospect of a recession clash with record...
Boeing Makes New Offer to St. Louis-Area Workers, Delaying Strike
Boeing’s proposed three-year contract offers new workers an $8,000 lump-sum payment. Photo: Ted Shaffrey/Associated Press Workers at three Boeing Co....
What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
If This Is a Recession, We Might Not Know for Months
As the Federal Reserve continues to raise interest rates in its fight against the highest inflation in more than four...
The Microchip Era Is Giving Way to the Megachip Age
If microchips were cities, the new, industrywide strategy for making them better could be summed up in one word: sprawl....
Procter & Gamble Sounds a Warning After Strong Quarter
Procter & Gamble Co. PG -6.18% , maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth...
Marvel Studios Box-Office Slump Shows Limits of Disney’s Superhero Universe
The movie’s second weekend wasn’t as impressive. Box-office receipts fell 68% to $46.6 million, tying with last year’s “Black Widow”...
Inflation Hits Fresh Four-Decade High, According to Fed’s Preferred Measure
Inflation accelerated in June, measured by the Federal Reserve’s preferred gauge, driven by a jump in energy prices as well...
JetBlue Agrees to Buy Spirit Airlines for $3.8 Billion After Frontier Deal Dies
JetBlue will pay $33.50 in cash for each share of Spirit, including a prepayment of $2.50 a share payable once...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
Mark Zuckerberg’s Bid to Reinvent Facebook Parent Meta Hits Early Snags
Meta on Thursday walked back some new Instagram features central to the revamp that had drawn swift user backlash. The...
Volkswagen Says EV Shift Will Continue Under New CEO
Volkswagen AG VOW 2.27% said that its new chief executive would continue the company’s ambitious shift toward electric vehicles, as...
Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA, even as the world’s...
Facebook Parent Meta Platforms Reports First Ever Revenue Drop
The company reported quarterly revenue of $28.8 billion, down almost 1% from a year earlier and slightly below the $28.9...
