Senate Panel Approves Antitrust Bill Restricting Big Tech Platforms
WASHINGTON—A Senate panel approved antitrust legislation forbidding the largest tech platforms from favoring their own products and services over competitors’,...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year
U.S. home sales surged to a 15-year high in 2021, powered by low borrowing rates and an intense buyer demand...
Netflix Is Expected to Log Smaller Profit as It Spends More on Content
Netflix Inc. NFLX 0.56% is banking on its large slate of entertainment to bring in new subscribers and justify its...
Why 5G Rollout Is Concerning Airlines and Flight-Safety Regulators: What to Know
The U.S. rollout of a new 5G wireless internet service has been contentious.After a standoff over potential risks that the...
U.S. Flight Disruptions Ease as New 5G Service Goes Live
The launch of enhanced 5G services Wednesday had a limited impact on U.S. flights after aviation regulators gave airlines additional...
Unilever Walks Away From Glaxo Consumer-Healthcare Deal
Unilever UL 7.73% PLC said it wouldn’t increase its $68 billion offer for GlaxoSmithKline GSK -2.41% PLC’s consumer-healthcare business, effectively...
China Notifies Firms of Tougher Investment Rules for Big Tech
SINGAPORE—China has notified some companies of new rules that require the country’s biggest internet firms to seek approval for investment...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Airlines Cancel Some Flights Ahead of U.S. 5G Wireless Launch
Two of the biggest U.S. wireless operators agreed to not turn on some 5G signals near airport runways, a temporary...
Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. said it has set a goal to reduce or offset greenhouse-gas emissions from its operations to zero...
Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $68.7 Billion
The deal, if completed, would sharply expand Microsoft’s already sizable videogame operation, adding a stable of popular game franchises including...
As Employers Scramble to Fill Jobs, Workers Relish a Feeling of Power
Raises, signing bonuses, more flexibility. Amid a historically tight labor market, more workers are feeling their power—and flexing it. The...
U.S. Airlines Say Further 5G Delay Needed to Avoid Flight Disruptions This Week
The chief executives of major passenger and cargo airlines said there could be significant flight disruptions when new 5G service...
Full Recovery in Global Labor Market Could Take Years
It will take at least two years before global unemployment falls back to pre-pandemic levels, according to fresh projections, with...
China Seeks to Cushion Blow of Economic Pain as Momentum Slows
HONG KONG—Last year, Chinese policy makers shook up the world’s second-largest economy just as its rebound from the pandemic was...
China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter
BEIJING—China’s economy expanded 8.1% last year as a pandemic-plagued world snapped up its goods, though slowing growth in the final...
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...
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...
