U.S. Travel Hit Pandemic High Ahead of Thanksgiving Holiday
Flights have been packed but relatively painless during the week of Thanksgiving, the first major test since airlines took steps...
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Breaking Business News/Latest Business Updates/World Business News Update
Uber CFO Focuses on Revenue Growth After Hitting Profitability Milestone
Uber Technologies Inc.’s finance chief said the ride-sharing and delivery company is focused on boosting its revenue and income after...
Bikes, Bourbon and Other Items Supply-Chain Woes Have Made Scarcer
Makers of popular products world-wide are coping with shortages from shipping delays and other logistics hurdles. Source link
The Great British Pub Has a Pandemic Hangover. For Some, It’s Last Call.
LIVERPOOL, England—Conor Foley’s pub, Kelly’s Dispensary, offers a bar-stool view of forces roiling the global economy. Having finally reopened after...
Chinese Property Developer Kaisa Proposes $400 Million Debt Swap
Kaisa Group Holdings Ltd., which in 2015 became one of the first Chinese developers to default abroad, warned it risked...
WSJ News Exclusive | AT&T, Verizon Propose 5G Limits to Break Air-Safety Standoff
AT&T Inc. and Verizon Communications Inc. said they would limit some of their fifth-generation wireless services for six months while...
Fed Officials Debated Inflation Concerns, Taper Pace at November Meeting
Federal Reserve officials expressed greater concern at their meeting earlier this month about how long inflation would stay elevated and...
U.S. Jobless Claims Reach 52-Year Low
Weekly jobless claims fell sharply to the lowest level in 52 years, reflecting the labor market’s tightening as the economy...
Walgreens, Walmart and CVS Pharmacies Contributed to Opioid Epidemic, Ohio Jury Finds
A federal jury in Cleveland on Tuesday found that the companies owning CVS, Walgreens and Walmart pharmacies were liable for...
Samsung Picks Texas for $17 Billion Chip-Making Factory
AUSTIN, Texas— Samsung Electronics Co. said Tuesday that it plans to invest roughly $17 billion in a semiconductor-making facility in...
U.S. Joins With China, Other Nations in Tapping Oil Reserves
WASHINGTON—The U.S. and five other countries including China will tap their national strategic petroleum reserves in an attempt to bring...
Best Buy’s, Dick’s E-Commerce Growth Slows After Pandemic-Fueled Surge
Consumers are spending freely on sporting goods and kitchen appliances, but they are doing more of their shopping in stores...
Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making Factory
Samsung Electronics Co. plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with...
Zoom Shares Skid as Sales Growth Slows
Zoom Video Communications Inc. sales growth slowed last quarter as the extra demand for remote work and the company’s videoconferencing...
Biden Will Tap Powell for New Term as Fed Chairman
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U.S. Home Sales on Track for Biggest Year in 15 Years
U.S. home sales rose in October as buyers continued to compete for a limited number of homes for sale. Existing-home...
WSJ News Exclusive | Activision Blizzard CEO Bobby Kotick Tells Colleagues He Would Consider Leaving if He Can’t Quickly Fix Problems
Activision Blizzard Inc. Chief Executive Bobby Kotick has told senior managers he would consider leaving the company if he can’t...
Economy Week Ahead: Home Sales, Consumer Spending, Inflation
Reports on U.S. consumer spending and inflation highlight this holiday-shortened week. Outside of regular data, markets are also waiting for...
Biden Nears Endgame on Fed Chair Decision
President Biden faces one of the most important economic policy decisions of his presidency, which is expected this week, when...
Prosecutors in Elizabeth Holmes Trial Revealed Untruths, but Did They Prove Intent?
As Elizabeth Holmes takes the stand in the criminal case against her, her testimony faces a challenge: persuading jurors that...
