South Korean Internet Giant Offers Glimpse of a 5G Private Network Future
SEONGNAM, SOUTH KOREA—At the new headquarters of South Korea’s largest internet company, a fleet of self-driving robots whirl around delivering...
appliances
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
Samsung Expects Earnings to Slump as Consumer Spending Slips
SEOUL— Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses...
Inflation Tests Tide Maker’s Laundry-Detergent Dominance
Procter & Gamble Co. PG -1.78% is testing the bounds of what consumers are willing to pay for high-end household...
Samsung Leader Jay Y. Lee Receives Presidential Pardon for Bribery Conviction
SEOUL— Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal...
Videogame Companies Face Slowdown as People Spend Less on Gaming
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
Procter & Gamble Sounds a Warning After Strong Quarter
Procter & Gamble Co. PG -6.18% , maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth...
Samsung Floats Nearly $200 Billion Spend on New Texas Chip Plants in Next Decades
SEOUL— Samsung Electronics Co. has floated the prospect of investing nearly $200 billion for 11 new chip-making plants in Texas...
Cosmetics Maker Revlon Files For Chapter 11
Revlon Inc. filed for bankruptcy, potentially ending a decadeslong bet on the beauty products company by Ronald Perelman, its billionaire...
Unilever to Add Activist Investor Nelson Peltz to Board
Unilever UL 9.94% PLC said it would add Nelson Peltz to its board and disclosed his fund now holds a...
Shoppers Are Fretting. Stores Are Listening.
Walmart WMT 1.97% is stocking more half gallons of milk for shoppers who can’t afford a full gallon. Procter &...
Bud Brewer Is Buoyed by Pricier Beer
Beer drinkers are so far stomaching higher prices for their brews. Budweiser owner Anheuser-Busch InBev SA BUD 2.60% said Thursday...
Procter & Gamble Posts Biggest Sales Gain in Decades—and a Word of Caution
Procter & Gamble Co. ’s booming quarter came with a warning. The maker of Tide detergent and Gillette razors on...
With Inflation Not Letting Up, Shoppers Cut Back on Staples
American consumers are starting to cut costs on mainstays from toothpaste to baby formula as inflation hits a swath of...
WSJ News Exclusive | Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government...
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:...
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...
Winter Olympics Sponsors Caught Between Beijing, U.S.
With less than two weeks to go before the start of the Winter Games in Beijing, several Olympics sponsors are...
Netflix Plunge Deepens Nasdaq’s Correction
Plunging shares of Netflix Inc. NFLX -21.79% and other streamers dragged the Nasdaq Composite Index deeper into correction territory Friday,...
Intel to Invest at Least $20 Billion in Ohio Chip-Making Facility
Intel Corp. INTC -2.95% plans to invest at least $20 billion in new chip-making capacity in Ohio, according to a...
