Tesla Poised for Near-Record Earnings as Demand Concerns Loom
Elon Musk’s electric-vehicle maker so far has brushed off worries about weakening demand. Strong vehicle pricing is forecast to have...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check
WASHINGTON—The Biden administration is planning to sell more oil from the country’s strategic reserves—and is considering authorizing new sales this...
Netflix Gains 2.4 Million New Subscribers, Reversing Trend
Netflix Inc. NFLX -1.73% snapped back to subscriber growth in the third quarter, giving the streaming giant a jolt as...
Amazon Workers Reject Union in Vote at Upstate New York Warehouse
Amazon.com Inc. AMZN 2.26% workers in upstate New York voted against unionizing, a setback for labor activists trying to expand...
Lockheed Martin Constrained by Supply Chain
Lockheed Martin Corp. LMT 4.71% said it is still grappling with parts and labor shortages, denting its hopes of increased...
Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait
Pernod Ricard SA has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by...
Russia Wipes Out Exxon’s Stake in Sakhalin Oil-and-Gas Project
The Kremlin has pushed Exxon XOM 1.44% Mobil Corp. out of a major Russian oil-and-gas project and transferred the Texas...
Fracking Pioneer Harold Hamm to Take Continental Resources Private
Harold Hamm, the billionaire fracking pioneer, agreed to buy the shares of Continental Resources Inc. CLR 8.68% not owned by...
Kanye West to Buy Parler, a Libertarian Social-Media Platform, Company Says
Parler says Kanye West has agreed to buy the libertarian-leaning social network popular with conservatives, the rapper’s latest foray into...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
WSJ News Exclusive | Goldman Plans Sweeping Reorganization, Combining Investment-Banking and Trading
Goldman Sachs Group Inc. GS -2.31% plans to fold its biggest businesses into three divisions, undertaking one of the biggest...
Economists Now Expect a Recession, Job Losses by Next Year
The U.S. is forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring...
American Executives in Limbo at Chinese Chip Companies After U.S. Ban
SINGAPORE—American workers hold key positions throughout China’s domestic chip industry, helping manufacturers develop new chips to catch up with foreign...
Britain’s New Chancellor Says Some Taxes Will Rise
LONDON—The U.K.’s new chancellor, Jeremy Hunt, effectively scrapped Prime Minister Liz Truss’s signature tax-cutting plan, saying on Saturday that some...
South Korean Internet Giant Offers Glimpse of a 5G Private Network Future
SEONGNAM, SOUTH KOREA—At the new headquarters of South Korea’s largest internet company, a fleet of self-driving robots whirl around delivering...
An Uneasy Use for Apple’s AirTags: Tracking a Loved One With Dementia
Michelle Hirschboeck was looking for a way to keep track of her husband, Paul, who has dementia. She settled on...
Meet the Army of Robots Coming to Fill In for Scarce Workers
A new wave of robots is arriving—and, in a world short of workers, business leaders are more eager to welcome...
Anyone Who Does Business With Google Knows Philipp Schindler
The search giant’s head of sales is a diplomatic negotiator, but leaves some business partners frustrated. Source link
Apple Workers Vote for Union at Oklahoma Store in Second Organizing Win
Apple Inc. AAPL -3.22% retail workers in Oklahoma City voted to unionize, becoming the second group of employees at one...
U.S., Allies Negotiating Price Level for Russian Oil Cap
WASHINGTON—The U.S. and its partners are rushing to hammer out an agreement on a level for a price cap on...
