Fed Interest-Rate Decision Tees Up March Increase
The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Tesla Posts Record Annual Profit
Tesla Inc. TSLA 2.07% cruised to a record annual profit but cautioned that the supply-chain disruptions that dogged auto makers...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says
WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less than five days of inventory for key chips,...
Microsoft Earnings Grew Last Quarter With Demand for Cloud Services
Microsoft Corp. MSFT -2.66% said its earnings continued to grow last quarter as its cloud-services business stayed strong.On Tuesday, the...
U.S. Plans Sanctions, Export Controls Against Russia if It Invades Ukraine
The U.S. is prepared to impose export controls on critical sectors of the Russian economy if Russian President Vladimir Putin...
Kroger Workers Approve New Contract After Nine-Day Strike
More than 8,000 workers at Kroger Co. KR -3.12% ’s King Soopers grocery stores ratified a new three-year contract following...
WSJ News Exclusive | Ford Shuts Off Orders for New $20,000 Maverick Pickup
Ford F -1.26% Motor Co. is taking the unusual step of cutting off customer orders for the Maverick, a more-affordable...
Sheldon Silver, New York Power Broker Sent to Prison, Dies at 77
Former New York Assembly Speaker Sheldon Silver, one of the most powerful figures in state government for two decades before...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
Economy Week Ahead: Fed, GDP, Consumer Spending
Fed Chairman Jerome Powell. The central bank’s two-day policy meeting is scheduled to conclude on Wednesday. Photo: Graeme Jennings/Press Pool...
Software Provider Globalization Partners Gets Vista Equity Backing at $4.2 Billion Valuation
Globalization Partners, a software provider that helps businesses streamline the process of hiring employees internationally, has landed new backing from...
Winter Olympics Sponsors Caught Between Beijing, U.S.
With less than two weeks to go before the start of the Winter Games in Beijing, several Olympics sponsors are...
WSJ News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall
After relocating to Zurich last spring to run Credit Suisse Group AG CS -1.83% as chairman, António Horta-Osório flew to...
To Bargain With Their Landlords, Renters Form Tenant Unions
Tenant unions, also known as associations, have been around for more than a century. They have been especially active in...
Cruise Lines Betting on Summer Rebound Face Obstacles From Omicron
The cruise industry’s bet on a big summer rebound is looking less certain. Travel agents and industry executives say that...
On Scotland’s Haunting Coast, a Village Dreams of Space
A’ MHOINE, Scotland—Dorothy Pritchard and her neighbors hadn’t always planned to host a spaceport.The retired schoolteacher lives along the coast...
The Nanotechnology Revolution Is Here—We Just Haven’t Noticed Yet
Before there was a “metaverse,” before there were crypto millionaires, before nearly every kid in America wanted to be an...
