Russian Aluminum Giant’s Owner Considers Splitting Foreign Operations
The controlling shareholder of Rusal, 486 34.08% Russia’s largest aluminum producer, said it was exploring a separation of the company’s...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Economy Week Ahead: Trade, ECB, Inflation
U.S. inflation data highlights this week’s docket of regularly scheduled economic releases. Official reports won’t yet fully capture growing economic...
A Brooding ‘The Batman’ Revives Moviegoing With Top Opening This Year
Batman can add another vanquished villain to his résumé: the dreary start to this year’s Hollywood box office.“The Batman,” Warner...
In Hunt For Russian Oligarch’s Wealth, French Customs Officers on the Cote d’Azur Got a Tip
Customs officers along France’s sun-splashed Côte d’Azur had a tip.The superyacht Amore Vero was making preparations to set sail from...
Food and Medicine Shortages in Ukraine Prompt Global Relief Effort
With food and medicine supplies threatened across Ukraine, domestic and international food manufacturers, distributors and aid workers are mobilizing to...
Ukraine War Hits Farmers as Russia Cuts Fertilizer Supplies, Hurting Brazil
SÃO PAULO—Brazil is searching for new fertilizer suppliers as the war in Ukraine threatens to cut off shipments to one...
Russia Targets Media Outlets With ‘Fake News’ Law, Blocks Facebook
Russia passed a law that threatens prison time for anyone publishing what authorities consider to be false information about the...
How the Covid-19 Test Was Won
GURNEE, Ill.—Inside a factory that is the size of five football fields, thousands of workers from Abbott Laboratories race to...
Strong Hiring, Low Unemployment Point to Economy Making Post-Pandemic Pivot
The U.S. labor market is pivoting toward a post-pandemic world, with a steady stream of adults joining the labor force...
Activision CEO Bobby Kotick Steps Down From Coca-Cola Board
Coca-Cola Co. said Activision Blizzard Inc. Chief Executive Bobby Kotick won’t stand for re-election to its board of directors. “We...
Tech Companies Are Reopening Their Offices, but Tech Work Has Changed Forever
Tech companies are inching closer to reopening their offices, but it’s clear the way they work will never be the...
Disney+ to Roll Out Cheaper, Ad-Supported Subscription in Late 2022
Times have changed, and so have the streaming wars. Disney announced Friday that it would roll out a cheaper, ad-supported...
Batman Has a Big Hole to Fill for Theaters
Such is the state of America’s movie theater industry that even the bleakest of superheroes is being counted on to...
Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy
TOKYO—A Tokyo judge lashed out at fugitive car executive Carlos Ghosn, calling him a greedy and malicious criminal, and Mr....
Best Buy Posts Lower Sales on Supply-Chain Hit, Omicron Impact
Best Buy Co. ’s sales for the holiday quarter fell from a year earlier, as reduced store hours due to...
EV Startup Rivian Walks Back Price Increase, Apologizes to Customers
Rivian RIVN -3.25% Automotive Inc. is walking back a hefty price increase for its electric trucks and SUVs that was...
Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis
BERLIN—After a pandemic and a global chip crunch, Russia’s war in Ukraine has unleashed auto makers’ third supply-chain crisis in...
Powell Says Fed Is on Track to Raise Rates in Two Weeks
Federal Reserve Chairman Jerome Powell said he would propose a quarter-percentage point rate increase at the central bank’s meeting in...
U.S. Economy Grew Modestly Amid Omicron Surge, Fed Beige Book Says
The U.S. economy grew at a modest to moderate pace from mid-January through early February as the Omicron variant of...
Ralph Lauren Executive Howard Smith Resigns Over Personal Conduct
Howard Smith, chief commercial officer at Ralph Lauren Corp., has resigned and will step down from his role immediately, the...
