Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive Inc. RIVN -7.64% is recalling nearly all of its vehicles to address a potential problem that could cause...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
The Labor Department said it found Exxon Mobil Corp. XOM -1.01% illegally fired two company scientists over suspicions they shared...
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
September Jobs Report Shows Payrolls Grew by 263,000, Labor Market Cooled Some
The unemployment rate fell to 3.5% from 3.7% in August, the Labor Department said Friday, matching a half-century low that...
Samsung Expects Earnings to Slump as Consumer Spending Slips
SEOUL— Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses...
Tesla Aims to Deliver First Semitrailer Trucks in December to PepsiCo
Elon Musk said Tesla Inc. TSLA -1.11% plans to deliver its first all-electric semitrailer truck to food and beverage maker...
Puff Bar Stays Top Teen Vaping Choice, as Juul Slips
About 14% of U.S. high-school students—an estimated 2.1 million of them—said they had used e-cigarettes at least once during the...
U.S. Jobless Claims Rose Last Week but Remain Historically Low
New applications for unemployment benefits rose last week in the latest sign of a cooling labor market, although they remained...
WSJ News Exclusive | Elon Musk and Twitter Discussed Price Cut to $44 Billion Takeover in Recent Weeks
Informal discussions on a possible price cut to the $44 billion Twitter deal took place on a series of calls...
OPEC+ Agrees to Biggest Oil Production Cut Since Start of Pandemic
VIENNA—The Organization of the Petroleum Exporting Countries and its Russia-led allies on Wednesday agreed to slash two million barrels a...
Elon Musk Proposes Closing Twitter Deal on Original Terms
A lawyer for Mr. Musk communicated the proposal to Twitter’s lawyers Monday, according to a copy of a two-sentence letter...
Bayer Hits Courtroom Winning Streak as It Battles Remaining Roundup Lawsuits
Bayer AG BAYRY 3.28% is on a winning streak as it battles the remaining cases targeting its Roundup weedkiller, a...
Nikola Founder Trevor Milton Hangs Legal Defense on Expert Testimony
Lawyers for Trevor Milton are anchoring the Nikola Corp. NKLA 11.36% founder’s defense against securities-fraud charges on the testimony of...
Endowment Tax on Wealthiest Universities Netted a Fraction of Predictions in 2021
Wealthy colleges argued for years that a federal tax on their endowment income would limit their ability to provide financial...
Naver to Acquire Poshmark in Deal Valued at $1.2 Billion
Poshmark is a social marketplace for new and used clothing. Photo: Michael Nagle/Bloomberg News Updated Oct. 3, 2022 7:47 pm...
As More Cars Hit Dealership Lots, Buyers Feel Pinch of Rising Interest Rates
More new cars and trucks are finally trickling into dealerships as supply-chain troubles ease and auto makers increase factory output....
WSJ News Exclusive | London Heathrow to Drop Daily Passenger Cap After Chaotic Summer
LONDON—London Heathrow Airport has told airlines it will lift a cap on passenger numbers at its terminals later this month,...
Disney Reaches Deal to Restore Its Channels on Dish Network
Disney and Dish reached a tentative agreement on a new contract. Photo: DADO RUVIC/REUTERS TV channels owned by Walt Disney...
Chinese Tech Billionaire Richard Liu Settles Sexual-Assault Case in Minnesota
MINNEAPOLIS—A legal battle that Chinese feminists had seen as pivotal for the country’s embattled #MeToo movement ended abruptly just before...
Walgreens Turns to Prescription-Filling Robots to Free Up Pharmacists
Walgreens WBA 1.56% Boots Alliance Inc. is turning to robots to ease workloads at drugstores as it grapples with a...
