Credit Suisse Chairman to Leave After Breaking Covid Travel Rules
Credit Suisse Group AG CS 0.38% Chairman António Horta-Osório is leaving the global bank following a board investigation into his...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Economy Week Ahead: China GDP, U.S. Housing
A man passed through Beijing’s central business district late last year. Photo: greg baker/Agence France-Presse/Getty Images By WSJ Staff Jan....
Citigroup Sticks With Its Covid-19 Vaccine Mandate, While GE Drops Its Rules
Citigroup Inc. C -1.25% is sticking with its Covid-19 vaccine mandate for its U.S. workers. General Electric Co. GE 0.68%...
Unilever Makes Approach for Glaxo’s Consumer-Healthcare Business
LONDON— Unilever UL 1.14% PLC said it had approached GlaxoSmithKline GSK 0.91% PLC and Pfizer Inc. PFE -1.06% about an...
WSJ News Exclusive | Elon Musk’s Tesla Asked Law Firm to Fire Associate Hired From SEC
A partner at law firm Cooley LLP got an unexpected call late last year from a lawyer for one of...
Some Starbucks, Chipotle Sites Cut Hours, Limit Seating Over Omicron
Diners are feeling a sense of déjà vu as restaurants are again selling food for takeout only, closing dining-room seating...
People Really Want to Ski. Vail Is Racing to Keep Up.
Vail Resorts MTN 2.12% operates a growing empire of dozens of top ski properties around the world. This season it...
Meet the Marketing Exec Who’s Been Making Her Mark at Apple, Uber and Netflix
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Fed Releases Transcripts of 2016 Policy Meetings
Transcripts released by the Federal Reserve on Friday revealed the extent of officials’ 2016 debate over how fast to move...
Biden Taps Economists Lisa Cook, Philip Jefferson for Fed Seats
President Biden will seek to fill two seats on the Federal Reserve’s Board of Governors with academic economists Lisa Cook...
U.S. Retail Sales Fell 1.9% in December
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
Elon Musk Says Tesla Is Accepting Dogecoin for Some Merchandise
Elon Musk said Tesla Inc. TSLA -6.75% is accepting payment for some merchandise with dogecoin, a return for the electric-vehicle...
Monster Beverage Buys Owner of Craft Breweries Cigar City, Oskar Blues for $330 Million
Monster Beverage Corp. MNST 0.41% has been mulling a move into booze for years. It finally took the plunge Thursday,...
Grocery Stores Cut Hours, Services as Omicron Infects Workers
Some U.S. supermarkets are reducing hours and cutting services as Covid-19’s Omicron variant infects cashiers, baggers and stockers, deepening grocery...
U.S. Jobless Claims Rise to 230,000
Filings for jobless claims rose to a seasonally adjusted 230,000 last week, an increase of 23,000, as a tight U.S....
China’s Startups Are Awash With Money as Beijing Shifts Focus to ‘Hard Tech’
Unlike in previous years, when most Chinese tech funding went to internet startups in e-commerce, the bulk of the money...
PC Shipments Faced Tough Fourth Quarter, but Pandemic Supplies a Brace
Shortages and bottlenecks weighed on personal-computer shipments in the fourth quarter, but the pandemic-induced revival of the PC market is...
Is Inflation a Microeconomic Problem? That’s What Biden’s Competition Push Is Betting
There’s a saying on Wall Street that the stock market is also a market of stocks: an aggregation of many...
Medicare to Pay for Biogen’s New Alzheimer’s Drug in Clinical-Trial Patients
Medicare officials said they would cover Biogen Inc.’s BIIB 2.64% controversial Alzheimer’s disease drug Aduhelm on the condition that patients...
Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus
Federal Reserve Chairman Jerome Powell called high inflation a “severe threat” to a full economic recovery and said Tuesday the...
