Economy Week Ahead: U.S. Consumers, Fed Testimony, China GDP
Inflation is the focus this week with a U.S. report on consumer prices and Federal Reserve Chairman Jerome Powell’s testimony...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Richard Branson’s Virgin Galactic Space Trip Delayed Slightly by Weather
TRUTH OR CONSEQUENCES, N.M.—Richard Branson is scheduled to travel to the edge of space Sunday in a flight aimed at...
Biden Competition Order Targets Hospital Mergers, Surprise Medical Bills
The White House call for revised enforcement guidelines to promote hospital competition will likely amplify federal scrutiny of hospital mergers,...
Richard Branson’s Virgin Galactic Space Flight: What You Need to Know
Richard Branson plans to fly to the edge of space on Sunday aboard a rocket-powered plane, 22 years after he...
The Antitrust Case Against Google: It’s Becoming Too Much Like Apple
Google has adopted rules similar to ones that Apple Inc. requires for its software that powers smartphones and distributes apps...
Median Pay Shows How Companies Diverged in Their Covid-19 Response
Employees of Costco Wholesale Corp. and Home Depot Inc. saw demand for their services swell last year as homebound Americans...
Companies Target a New Market: The Stressed Out
Drivers climbing into the new Lincoln Nautilus enter “a sanctuary,” Lincoln declares in the car’s ads. Seats offer massage, vents...
Didi Tried Balancing Pressure From China and Investors. It Satisfied Neither.
In the final days before Didi Global Inc. went public late last month on the New York Stock Exchange, a...
China Orders Stores to Remove More Apps Operated by Didi
BEIJING—China ordered mobile app stores to remove 25 more apps operated by Didi Global Inc.’s China arm, saying the apps...
China Inflation Cools but Beijing Worries Economy Is Losing Heat
HONG KONG—After a yearlong run-up that pushed producer inflation to the highest level in more than a decade, China’s factory-gate...
Pfizer to Ask Regulators to Authorize Covid-19 Vaccine Booster
Pfizer Inc. will seek clearance from U.S. regulators in coming weeks to distribute a booster shot of its Covid-19 vaccine...
Michael Avenatti Sentenced to 2 1/2 Years for Trying to Extort Nike
Michael Avenatti, whose star turn as Stormy Daniels’s pugnacious lawyer ended two years ago in a flurry of criminal charges,...
U.S. Jobless Claims Edged Up to 373,000 Last Week
Jobless claims held nearly steady last week, interrupting a downward trend and showing the labor market’s recovery remains uneven, at...
States Target Google Play Store Practices in Antitrust Suit
Thirty-six states and the District of Columbia filed an antitrust lawsuit against Alphabet Inc.’s Google on Wednesday, alleging that the...
President Biden Signs Bill to Fund CFTC Whistleblower Program
President Biden has signed into law legislation that would temporarily set up a new account to pay for the operations...
Fed Officials See Earlier End for Bond Buying, Emphasize Patience
Federal Reserve officials suggested that they might need to pull back their support for the economy sooner than they had...
Didi’s China Probe Adds to Business Challenges at Home and Abroad
SINGAPORE—China’s regulatory action against Didi Global Inc. threatens to impinge on the Chinese ride-hailing behemoth’s growth as it faces increasing...
Ever Given Container Ship That Blocked Suez Canal Is Set to Sail
CAIRO—The container ship that blocked the Suez Canal for days earlier this year is set to sail Wednesday after its...
Samsung Electronics Expects 53% Increase in Operating Profit
SEOUL— Samsung Electronics Co. expects a 53% rise in operating profit for the second quarter, lifted by strong demand for...
Bitcoin Fraud Concerns Draw Scrutiny From Regulators
Regulators are signaling they want more control over an expanded cryptocurrency universe that has pushed further into Wall Street activities...
