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...
Consumer Goods
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...
Tesla Aims to Deliver First Semitrailer Trucks in December to PepsiCo
Elon Musk said Tesla Inc. TSLA -1.11% plans to deliver its first all-electric semitrailer truck to food and beverage maker...
WSJ News Exclusive | Fast Food Chains Raise Millions to Oppose California Wage Law
The “Save Local Restaurants” coalition said Friday it has raised around $12.7 million to fight the law, known as the...
Unilever CEO to Retire Next Year After Rocky Tenure
LONDON— Unilever UL 1.03% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year,...
Economy Week Ahead: Housing Market and Consumer Spending in Focus
Tuesday The Commerce Department releases August figures on new orders, shipments, unfilled orders and inventories of products meant to last...
Gucci, Burberry Join Booming Secondhand Luxury Trade
Secondhand luxury isn’t new, but its popularity is surging. Steep price hikes by prestigious brands like Chanel SA are driving...
Why Even Big Tech Companies Keep Getting Hacked—and What They Plan to Do About It
The companies that should know best how to fight hackers, tech firms, have reached an arresting conclusion: The weakest link...
Apple Music to Replace Pepsi as Sponsor of NFL’s Super Bowl Halftime Show
Apple AAPL -1.51% Music is set to be the new sponsor of the NFL’s Super Bowl halftime show, replacing longtime...
Beyond Meat Executive Arrested After Allegedly Biting Man’s Nose in Fight
Beyond Meat Inc.’s BYND -6.04% chief operating officer was arrested in Arkansas over the weekend, after a physical altercation in...
Hackers Leaked ‘Grand Theft Auto’ Footage, Rockstar Games Says
Take-Two Interactive Software Inc. said hackers broke into the networks of its Rockstar Games Inc. unit and illegally accessed early-development...
Microsoft’s Activision Deal Draws Further Scrutiny From U.K. Watchdog
The U.K.’s competition regulator said it would escalate its investigation into whether Microsoft Corp.’s MSFT 0.09% planned acquisition of Activision...
Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a...
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...
Starbucks Names Laxman Narasimhan New CEO
Mr. Narasimhan, 55 years old, has served as chief executive of the maker of Lysol and Enfamil baby formula, U.K.-based...
Lysol Maker’s CEO Departs in Surprise Move
Reckitt CEO Laxman Narasimhan, pictured speaking at last year’s COP26 climate talks, led the company for three years. Photo: Emily...
Peloton Delays 10-K Annual Report to Complete Accounting
Peloton Interactive Inc. PTON -8.50% said it needs to delay filing its annual report with securities regulators, the latest setback...
Victoria’s Secret, Gap Suffer as Shoppers Shift From Apparel
The results, following lackluster earnings reports from many department stores and big-box chains, were weaker than investors had expected. Victoria’s...
Ben & Jerry’s Independent Directors Lose Request for Injunction Over Israel Business
A judge denied a court petition by Ben & Jerry’s independent board members that sought to stop parent Unilever UL...
Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
