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...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
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...
Central Banks Fuel New Bets on Tighter Money as Inflation Rises Globally
Stubbornly high inflation across more wealthy economies last week prompted a shakeout in bond markets as investors began expecting central...
American Airlines’ Flight Cancellations Are Latest to Disrupt Travel
American Airlines Group Inc. scrubbed more than 1,900 flights over the weekend, the latest in a series of cancellations to...
WSJ News Exclusive | Coke to Pay $5.6 Billion for Full Control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand...
Roblox Outage Continues Into Weekend
Videogame company Roblox Corp. suffered an outage Thursday evening that continued through Saturday, leaving children around the globe looking for...
