Treasury Moves to Ease Limits on Foreign Tax Credits After Companies Object
WASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax credits, responding to corporations that have been warning about...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Federal Regulators Investigating Ford Bronco Over Reports of Catastrophic Engine Failure
The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some Ford Bronco vehicles, yet...
Alibaba to Pursue Primary Listing in Hong Kong
HONG KONG—Alibaba Group Holding Ltd. will pursue a primary listing of its stock in Hong Kong, hedging its bets as...
Student Loan Servicers Told to Hold Off on Sending Billing Statements
WASHINGTON—The federal government’s student loan servicing contractors have been instructed to hold off on sending billing statements ahead of an...
WSJ News Exclusive | Redwood Materials Plans $3.5 Billion Battery-Materials Plant in Nevada
The company run by Tesla Inc.’s former chief technology officer plans to spend $3.5 billion on a battery-materials factory in...
WSJ News Exclusive | Elon Musk’s Friendship With Sergey Brin Ruptured by Alleged Affair
Elon Musk engaged in a brief affair last fall with the wife of Sergey Brin, prompting the Google co-founder to...
Economy Week Ahead: U.S. Growth, Interest Rates and Wages in Focus
Tuesday The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas, will show...
New Volkswagen Chief Has History Backing Synthetic Fuels
Volkswagen AG’s VOW 0.37% new boss has said he is committed to driving the auto maker’s transformation from gasoline-powered cars...
China Chases Chip-Factory Dominance—and Global Clout
China is leading the world in building new chip factories, a step toward achieving more self-sufficiency in semiconductors that could...
Cheaper Beer, Cigarettes Gain Favor as Inflation Pinches Shoppers
Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks.Consumer prices...
Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private
Tesla Inc. TSLA 0.20% is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Executive Officer Elon Musk’s...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond Inc. BBBY -12.05% in 2019 with a plan to revive the home-goods...
How to Build AI That Actually Works for Your Business
Artificial intelligence might one day be used to power genuinely humanlike cyborgs or other figments of humanity’s fertile imagination. For...
Vince McMahon Retires as WWE CEO Amid Sexual Harassment Scandal
Vince McMahon, the king of U.S. wrestling, retired as chief executive officer and chairman of World Wrestling Entertainment Inc., WWE...
Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis
ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for...
Russia’s Central Bank Slashes Rates, Sees Smaller Hit From Sanctions
Russia’s central bank Friday lowered its key interest rate below its prewar level, and said it expects the economy to...
Samsung Floats Nearly $200 Billion Spend on New Texas Chip Plants in Next Decades
SEOUL— Samsung Electronics Co. has floated the prospect of investing nearly $200 billion for 11 new chip-making plants in Texas...
ECB Raises Rates by Half-Percentage Point in First Hike Since 2011
FRANKFURT—The European Central Bank raised interest rates by a larger-than-expected half-percentage point and unveiled a new plan to buy the...
