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,...
commodity
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Europe’s Industrial Firms Flash Warning on Energy Costs
Steelmakers, glass manufacturers and other energy-hungry businesses in Europe are calling on governments to take action to stop record gas...
Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral
ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a...
Roku Shares Rise on Deal That Restores YouTube TV App
Roku shares more than doubled in 2020 as the Covid-19 pandemic kept people home and led to increased use of...
EPA Trims Ethanol Mandate for Gasoline as Biofuel Pressures Pump Prices
WASHINGTON—The Environmental Protection Agency on Tuesday proposed reducing the amount of ethanol and other biofuels that must be blended into...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
OPEC, Russia Agree to Keep Boosting Oil Output, Jolting Prices
OPEC and a group of Russia-led oil producers agreed to continue pumping more crude, sticking to their long-term plan despite...
Chinese Property Developer Kaisa Proposes $400 Million Debt Swap
Kaisa Group Holdings Ltd., which in 2015 became one of the first Chinese developers to default abroad, warned it risked...
U.S. Joins With China, Other Nations in Tapping Oil Reserves
WASHINGTON—The U.S. and five other countries including China will tap their national strategic petroleum reserves in an attempt to bring...
Biden Asks FTC to Examine Oil, Gas Companies’ Role in High Gasoline Prices
WASHINGTON—President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at...
Elon Musk Sells $1.1 Billion in Tesla Stock
Elon Musk sold about $1.1 billion in Tesla Inc. shares on Monday as he exercised just over 2 million stock...
Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise
Americans are cutting back on steak as rising grocery prices squeeze spending. Supermarkets say shoppers are buying more store-brand meat...
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...
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...
Carbon Offsets Are Used by Companies Seeking ‘Net Zero,’ but Concerns Persist
Companies are snapping up carbon offsets, but the patchwork of informal markets serving that appetite lack consistent standards and oversight,...
WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the...
Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages.
Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S....
Oil Prices Have Topped $80. But Don’t Expect a Spending Bonanza from Shale Drillers
Shale companies are on track to spend a little more money pumping oil next year, but most aren’t opening up...
Iraqi Lawmakers Call for Probe Into GE, Siemens Electricity Contracts
Members of an Iraqi parliamentary commission are calling for an investigation into large power-generation contracts struck with General Electric Co....
