Infrastructure Law Seen Having Small, Positive Impact on Growth
The roughly $1 trillion infrastructure package just passed by Congress will modestly help the economy in the short run while...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Wind Manufacturers Blown Off Course
Wind turbine makers continue to struggle due to supply-chain woes and uncertainty over the future of federal tax credits, so...
Boeing Board to Add Safety Expert, Make Other Changes in 737 MAX Settlement
Boeing Co.’s board will add a director with safety expertise and adopt other internal measures under a proposed $237.5 million...
Judge Approves Request to Revamp Rogers Communications Board
A Canadian judge approved a bid by Ed Rogers to reconstruct the board at Rogers Communications Inc., escalating a family...
Pfizer Says Covid-19 Pill Is 89% Effective in Preliminary Assessment
Pfizer Inc. said a preliminary look at study results found that its experimental pill was highly effective at preventing people...
U.S. Job Growth Rebounded in October
The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from...
WSJ News Exclusive | Fed Chair Powell Seen Visiting White House on Thursday
Federal Reserve Chairman Jerome Powell was seen visiting the White House on Thursday, according to people familiar with the matter....
Airbnb Posts Record Results After Busy Summer Travel Season
Airbnb Inc. posted record revenue in the third quarter, punctuating the home-sharing company’s rebound from the collapse in bookings during...
IRS Boosts 401(k) Contribution Annual Cap to $20,500
WASHINGTON—Workers will be able to set aside up to $20,500 in their 401(k) accounts in 2022, up $1,000 from this...
WSJ News Exclusive | Hertz Will Have to Wait for Teslas, Just Like Other Buyers
Tesla Inc. and Hertz Global Holdings Inc. are negotiating over how quickly Hertz will receive deliveries from a bulk order...
Google to Pursue Pentagon Cloud-Computing Contract
Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid...
Roku Shares Fall 8% After Hours on Slower Account Growth
Roku Inc. reported a slowdown in new active accounts for its streaming services in the latest quarter and guided for...
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
How the Financial Sector Is Addressing Climate Change—And Why It Matters
The organizations that lend, invest and regulate the world’s money are taking on climate change. There was a flurry of...
Deere Workers Reject Second Contract Offer, Extending Strike
Workers at Deere & Co. rejected a second contract offer, extending a strike against the farm equipment and construction machinery...
Hospitals Face Steeper Fines for Shunning Federal Price-Disclosure Rules
The Biden administration on Tuesday finalized a regulation that will sharply increase the financial penalties for larger hospitals that don’t...
Pfizer Ups Covid-19 Vaccine Forecast as Sales More Than Double
Pfizer Inc. raised its forecast for sales of its Covid-19 vaccine this year to about $36 billion, a roughly 7%...
WSJ News Exclusive | DuPont Plans Moves That Would Remake Chemicals Company
DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the...
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.
Uncertainty in the global supply chain is driving executives to seek operations away from cheaper countries to locales affording greater...
