BUSINESS News

Breaking Business News/Latest Business Updates/World Business News Update

Wary of Being Left in the Dark, Americans Produce Their Own Power

HS 19/02/2022

As the American electric grid becomes less dependable, a growing number of businesses and homeowners are buying their own power...

Elon Musk’s Accusation of Harassment Countered by SEC

HS 19/02/2022

WASHINGTON—The Securities and Exchange Commission pushed back Friday on Tesla Inc.’s allegation that regulators are harassing Chief Executive Officer Elon...

Fed Sets Trading Restrictions for Top Officials

HS 19/02/2022

The Federal Reserve formally adopted new ethics rules aimed at limiting financial-market trading by its top officials, senior staff and...

Fed Officials Lean Against Expectations of Half-Point Increase in March

HS 19/02/2022

Federal Reserve officials pushed back Friday against the prospect that they would begin raising interest rates next month with a...

GE Warns Supply-Chain Issues to Pressure Profits, Cash Flow

HS 18/02/2022

General Electric Co. warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first...

Climate Disclosure Poses Thorny Questions for SEC as Rules Weighed

HS 18/02/2022

A key sticking point as the agency considers corporate rules is how much detail to demand about emissions produced by...

Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year

HS 18/02/2022

Intel Corp. Chief Executive Pat Gelsinger set a goal for the company to reach double-digit revenue growth in three to...

Alibaba, Tencent E-Commerce Sites Tagged by U.S. for Counterfeit Sales

HS 18/02/2022

Both were on the “notorious markets’’ list of entities that allegedly sell or facilitate the sale of counterfeit goods. Source...

Tesla Tells Federal Judge That SEC Is Harassing Elon Musk and the Company

HS 17/02/2022

Tesla Inc. says regulators are harassing Chief Executive Elon Musk over his compliance with a 2018 regulatory settlement that sought...

Americans Want to Travel and Are Eager to Splurge, Companies Say

HS 17/02/2022

More consumers are hitting theme parks, dining out and booking hotel rooms. ‘There is a lot of pent-up demand for...

WSJ News Exclusive | Hasbro Activist Begins Proxy Fight, Urges Wizards Unit Spinoff

HS 17/02/2022

A little-known activist investor is seeking to add several directors to Hasbro Inc.’s board and is urging the toy maker...

Fed Eyeing Potential for Faster Rate Increases to Ease Inflation

HS 17/02/2022

Federal Reserve officials at their meeting last month discussed an accelerated timetable for raising interest rates, beginning with an anticipated...

Some Lawmakers Want to Halt Gas Tax Amid High Inflation. Others See a Gimmick

HS 16/02/2022

WASHINGTON—A push by some Senate Democrats to suspend the federal gasoline tax is running into opposition from both Republicans and...

BTS Returns From Break With First South Korean Concerts Since 2019

HS 16/02/2022

SEOUL—In the latest sign that life is going back to something that resembles the pre-pandemic past, BTS is returning to...

CNN Marketing Chief Resigns as Probe Finds Wrongdoing by Three Top Players at Network

HS 16/02/2022

CNN Chief Marketing Officer Allison Gollust has resigned from the network, the chief executive of CNN’s parent company said in...

Senate Republicans Block Vote on Biden’s Fed Nominees

HS 16/02/2022

WASHINGTON—Senate Republicans refused to attend a crucial committee vote on President Biden’s nominees to the Federal Reserve over a disagreement...

Marriott Doubles Revenue Despite Omicron Setback

HS 15/02/2022

Marriott International Inc. said demand for business and leisure travel continued to grow in the holiday quarter despite a setback...

Farmers Feel the Squeeze of Inflation

HS 15/02/2022

Inflation is growing on the farm. American farmers are paying significantly higher prices for their weed-killing chemicals, crop seeds, fertilizer,...