Biden, Xi Open Talks on Friendly Note, With Tough Topics Ahead
WASHINGTON—President Biden and Chinese President Xi Jinping opened a virtual meeting Monday night with words designed to cool tensions between...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Twitter CFO Says Investing in Crypto ‘Doesn’t Make Sense Right Now’
Investing some of Twitter Inc.’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial...
WSJ News Exclusive | Roblox, Building Out the Metaverse, Looks to Bring Educational Videogames to Schools
Roblox Corp. plans to help bring educational videogames to classrooms world-wide, part of its strategy to expand its mostly teen...
Tyson’s Meat Production Falls Amid Labor Shortages
Labor challenges cut production volumes for Tyson Foods Inc. in the latest quarter, but the meat company’s sales grew year...
Elon Musk Sells $1.1 Billion in Tesla Stock
Elon Musk sold about $1.1 billion in Tesla Inc. shares on Monday as he exercised just over 2 million stock...
Federal Deficit Narrowed in October, Ahead of Debt-Ceiling Debate
The federal government ran a $165 billion deficit during October, a smaller gap when compared with a year earlier, as...
Jobless Claims Fell to New Pandemic Low of 267,000
Worker filings for unemployment insurance edged lower last week, continuing their long glide path toward pre-pandemic levels as the labor...
Judge Rejects Apple’s Request to Delay App Store Order
U.S. District Judge Yvonne Gonzalez Rogers rejected Apple Inc.’s attempt to delay her September injunction that would loosen some of...
WSJ News Exclusive | Rivian Prices Shares at $78 in Highly Anticipated IPO
Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing...
Thanksgiving Dinner Staples Are Low in Stock Thanks to Supply-Chain Issues
The supply-chain crunch is about to hit another part of American life: Thanksgiving dinner. Supplies of food and household items...
General Electric to Split Into Three Public Companies
General Electric Co. said it would split into three public companies, breaking apart the more than century-old company that was...
China Evergrande Scrapes Together More Cash From Tech Company Stake Sale
SINGAPORE— China Evergrande Group raised around $145 million in recent days by selling a chunk of its shares in a...
SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown
TOKYO— SoftBank Group Corp. took a more than $50 billion beating from Beijing’s tech crackdown, but its leader said he...
Fed’s Randal Quarles to Resign at End of Year
Federal Reserve governor Randal Quarles said Monday he would resign his position around the end of this year, giving President...
Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise
Americans are cutting back on steak as rising grocery prices squeeze spending. Supermarkets say shoppers are buying more store-brand meat...
BHP to Sell Controlling Stake in Two Coal Mines for Up to $1.35 Billion
ADELAIDE, Australia— BHP Group Ltd. said it would sell its controlling interest in two metallurgical coal mines to Stanmore Resources...
Electric-Vehicle Charging Stations Win Jolt of Energy in Congress
The roughly $1 trillion infrastructure package passed by Congress on Friday provides a spark to efforts to build a national...
Elon Musk’s Twitter Poll Results Are In, Favoring Tesla Stock Sale
Twitter users said Elon Musk should sell 10% of his Tesla Inc. stock after the billionaire chief executive polled them...
New York Life’s Pitch to Entrepreneurs: Sell Life Insurance
A career in sales is a hard sell right now, and building a diverse sales force is even tougher, recruiters...
Business Is the Game-Changer at COP26 in Glasgow
The 2015 Paris climate conference mostly involved governments pushing businesses to cut emissions. In Glasgow, businesses are the ones pushing...
