Edward ‘Ned’ Johnson, Former Fidelity CEO, Dies
Edward “Ned” Johnson III, who transformed Fidelity Investments into a financial behemoth and opened Wall Street to millions of Americans,...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Europe’s Economy Slows as Ukraine War Sends Costs Soaring
Europe’s economic recovery slowed in the first weeks of March after Russia’s invasion of Ukraine while U.S. business activity picked...
U.S. Jobless Claims Fall in Tight Labor Market
New applications for unemployment benefits in the U.S. fell last week to historic lows as employers held on to their...
Former Boeing Pilot Found Not Guilty in 737 MAX Criminal Trial
FORT WORTH, Texas—A jury found a former Boeing Co. BA -2.62% pilot not guilty of deceiving air-safety regulators about a...
Amazon Union Vote Set to Begin in New York, Which Has Challenged Company in Past
Amazon.com Inc. AMZN -0.90% over the next month will face union elections at separate warehouses in New York City, a...
A Black Box From China Eastern Airlines Plane Crash Is Found
HONG KONG—Rescuers have recovered one of the black boxes from the Boeing 737 that crashed into a mountainous rural area...
Russia’s Oil-and-Gas Industry Is Starting to Feel the Bite of Sanctions
President Vladimir Putin’s war in Ukraine, and the wave of Western sanctions in response, is starting to hit Russia’s economic...
BuzzFeed News Editor in Chief Is Stepping Down as Company Trims Workforce
BuzzFeed Inc., in its first earnings report as a public company, said it expected revenue to decline in the current...
GameStop’s Stock Rises After Chairman Buys More Shares
Shares of GameStop Corp. rose 16% in after-hours trading after the videogame retailer’s chairman disclosed his firm bought 100,000 shares...
Student-Loan Freeze Saves Borrowers Nearly $200 Billion as Biden Considers Extension
Around 37 million federal student-loan borrowers were spared $195 billion in loan payments since the government froze their payments at...
Okta Says Probe Into Security Breach Finds No Evidence of New Attack
Identity management provider Okta Inc. OKTA -7.02% said Tuesday that a preliminary investigation found no evidence of any ongoing malicious...
FAA Official Testifies Former Boeing Pilot Lied About 737 MAX
FORT WORTH, Texas—A Federal Aviation Administration training specialist said a former Boeing Co. BA -3.59% pilot lied to her about...
Nike Sales Rise as It Navigates Supply-Chain Snarls
Nike Inc.’s sales grew in the latest period as the sneaker giant benefited from gains in its digital business while...
EU Support Grows for Russia Oil Ban Over Ukraine War
Support for a European Union-wide ban on the purchase of Russian oil is growing inside the bloc, according to diplomats...
Central Banks Grapple With Dual Threat of Slowing Growth, Rising Inflation
The war in Ukraine is casting a stagflationary shadow over the world economy and posing a dilemma for central banks:...
Nielsen Rejects Roughly $9 Billion Takeover Offer From Private-Equity Consortium
Nielsen CEO David Kenny in 2019 Photo: Paul Miller/Bloomberg News March 20, 2022 9:33 pm ET Nielsen Holdings NLSN 2.17%...
Economy Week Ahead: Powell, Housing, Factories
Reports on factory activity and the housing market highlight this week’s slate of economic data. Monday Federal Reserve Chairman Jerome...
Aramco Profit Hits $110 Billion as Saudis Seek to Expand Investments
DUBAI—State oil giant Saudi Aramco said Sunday its 2021 net profit more than doubled to $110 billion, a boon to...
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
Canadian Pacific Railway Ltd. trains were halted Sunday morning following an impasse in contract negotiations between the company and its...
Howard Schultz, Returning to Starbucks, Seeks New Start With Baristas
Last November, Howard Schultz traveled to Buffalo, N.Y., with a message to workers considering forming a union: Starbucks would do...
