Boston Fed Picks University of Michigan Provost Susan M. Collins as President
The Federal Reserve Bank of Boston selected University of Michigan Provost Susan M. Collins as its next president, filling a...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Samsung Unveils New Galaxy S22 Smartphones and Keeps Old Prices
SEOUL—The world’s largest smartphone maker is answering a year of rising inflation and increasing component costs with a tactical move:...
Former Boeing Pilot to Face Fewer Charges as Judge Trims Criminal Case
A federal judge dismissed part of the criminal case against a former Boeing Co. BA 0.64% pilot accused of misleading...
Justice Department Says It Seized $3.6 Billion Worth of Bitcoin Stolen in 2016 Hack
WASHINGTON—The Justice Department said Tuesday it seized over $3.6 billion worth of digital currency stolen during a hack of a...
Pfizer Forecasts $54 Billion in 2022 Sales From Its Covid-19 Vaccine, Treatment
As Pfizer Inc. PFE -2.84% forecasts strong sales this year for its Covid-19 vaccine and treatment, the drugmaker is on...
KKR Earnings Fall While Cash Available to Shareholders Hits New Heights
KKR & Co.’s fourth-quarter earnings fell as the change in the value of its investments lagged behind the broader market,...
WSJ News Exclusive | Peloton CEO John Foley to Step Down, Become Executive Chair
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive, cut costs and overhaul its board after a slowdown...
Peter Thiel to Step Down From Facebook Parent Meta’s Board
Peter Thiel, one of Facebook’s earliest investors and its longest-serving outside board member, is planning to step down from his...
Frontier to Buy Spirit Airlines in Cash-and-Stock Deal
Ultralow-cost airlines, designed around cutting costs and fares by offering a more basic flying experience, have upended the airline industry...
SEC Subpoenas Tesla Seeking Information Linked to Elon Musk Settlement
A Tesla dealership in Colma, Calif. Photo: David Paul Morris/Bloomberg News Updated Feb. 7, 2022 10:53 am ET The Securities...
Toshiba Looks to Split Two Ways Instead of Three
TOKYO— Toshiba Corp. TOSYY 0.92% revised its restructuring plan and said it wants to split into two parts instead of...
Economy Week Ahead: Trade, Inflation, Layoffs
Inflation is expected to hit a multidecade high in January as the U.S. economy continues to work through pandemic-related supply...
Worker Absences From Covid-19 Hold Back Companies’ Growth
While pressures may be easing in some aspects for large companies, indicating a diminishing effect from the Omicron variant going...
China’s Slowdown to Limit Global Growth but Not Undermine World Economy
HONG KONG—A prolonged slowdown in China’s economic growth could hurt some multinational companies and commodity producers for years to come,...
Delta Seeks to Put Unruly Passengers on ‘No-Fly’ List
Delta has been pushing for heightened reporting, investigation and prosecution of those who interfere with onboard safety. Photo: Michael Dwyer/Associated...
White House Sees Hearing Aids as Chance to Lower Prices Through More Competition
Getting a pair of hearing aids can cost up to $5,000. The White House says they should be as little...
Chanel Tests Purse Lovers With $3,000 Price Hikes
Chanel SA’s small Classic Flap bag was always a luxury item, but after three price hikes last year, it is...
Where Is There More Lithium to Power Cars and Phones? Beneath a California Lake.
CALIPATRIA, Calif.—In the U.S. hunt for lithium, an essential component of the batteries that power electric vehicles and cellphones, one...
Cyberattack on News Corp, Believed Linked to China, Targeted Emails of Journalists, Others
News Corp was the target of a hack that accessed emails and documents of journalists and other employees, an incursion...
NASA, SpaceX Scrutinize Parachute System On Spacecraft
A parachute on a SpaceX cargo vehicle didn’t open as quickly as expected as the spacecraft descended from orbit last...
