Ferrari to Debut SUV-Like Model in September
MILAN— Ferrari RACE 0.03% NV said a new larger, taller model similar to a sport-utility vehicle will be unveiled this...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Cosmetics Maker Revlon Files For Chapter 11
Revlon Inc. filed for bankruptcy, potentially ending a decadeslong bet on the beauty products company by Ronald Perelman, its billionaire...
Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994
The Federal Reserve approved the largest interest-rate increase since 1994 and signaled it would continue lifting rates this year at...
U.S. Retail Sales Declined in May as Inflation Stings Consumers
Americans’ retail spending declined in May, as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates.Retail...
FDA Advisers Review Pfizer, Moderna Covid-19 Vaccines in Young Children
A positive recommendation would likely lead soon to expanding the U.S. Covid-19 vaccination campaign to the 19.6 million children 6...
Massachusetts Court Blocks Gig-Worker Ballot Measure
The top court in Massachusetts blocked a ballot measure Tuesday that would have asked voters to classify gig workers as...
WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC
The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent...
WSJ News Exclusive | Marc Lore’s Food-Delivery Startup Wonder Is Valued at $3.5 Billion After Capital Raise
Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand...
U.S. Supplier Price Gains Accelerated in May
U.S. suppliers’ prices rose in May amid higher food and energy costs, adding to pressure on inflation.The producer-price index, which...
Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week
A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets...
Piedmont and Envoy Air Raise Pilots’ Pay as Travel Demand Surges
Pilots at two regional airlines owned by American Airlines Group Inc. AAL -9.45% are getting a sizable pay raise for...
WSJ News Exclusive | Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China
Congress is pressing ahead with legislation that could rewrite the rules for American companies investing abroad, proposing the screening of...
Prologis to Buy Duke Realty in $26 Billion Deal, Including Debt
Prologis will gain properties for its portfolio in key areas with the transaction, including Southern California, New Jersey, South Florida,...
Google Settles Gender Discrimination Lawsuit for $118 Million
Google agreed to pay $118 million to settle a lawsuit claiming the tech giant had discriminated against women in pay...
Three-Dose Pfizer Covid Vaccine Works Safely in Young Children, Review Says
The FDA staff also said, in a review of study data posted online Sunday, that there were no new safety...
Economy Week Ahead: Fed, Other Central Banks in Focus
The Federal Reserve’s policy meeting highlights this week’s slate of economic news. Wednesday China’s economic activity showed some signs of...
McDonald’s in Russia Reopens Under New Ownership
MOSCOW—More than a dozen former McDonald’s MCD -1.97% restaurants reopened here under a new brand and new ownership, accompanied by...
The Best Office Designs to Lure Back Remote Workers
As employees slowly return to the office, many companies would benefit by looking to an often-ignored aspect of the workplace...
FanDuel CEO Amy Howe Wants to Help the Sports-Betting Business Grow Up
LOS ANGELES—Ahead of the year’s biggest gambling event, FanDuel Group Chief Executive Amy Howe was spreading her message of confidence...
Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant
Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and...
