Regulations Set to Be Issued This Year Will Determine Course of Deep-Sea Mining
Deep-sea mining for battery materials has gained significant interest over the past year, but 2023 is set to be a...
Corporate Changes
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
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...
WSJ News Exclusive | Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion
The second-largest U.S. oil company closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global...
GE Chief Says Supply Chain Is a Daily Challenge
General Electric Co. GE 2.15% Chief Executive Officer Larry Culp said that the company’s breakup plans are on track but...
Volkswagen to List Porsche in One of Biggest IPOs in Years
The offering could value Porsche at as much as 85 billion euros ($84 billion), according to analyst estimates, injecting fresh...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
VW, Europe’s biggest auto maker by sales, said the companies’ boards would meet on Monday to discuss the private placement...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
Alibaba to Pursue Primary Listing in Hong Kong
HONG KONG—Alibaba Group Holding Ltd. will pursue a primary listing of its stock in Hong Kong, hedging its bets as...
Miami’s Gold Rush: Finance Firms and Crypto Move In, Bringing Strains
From his new office in Miami Beach, real-estate investor Barry Sternlicht is only steps from the ocean. His waterfront mansion...
WSJ News Exclusive | Boeing Plans to Move Headquarters to Arlington, Va., From Chicago
Boeing Co. BA -4.14% said it planned to move its global headquarters to Arlington, Va., from Chicago, a shift that...
TikTok Owner ByteDance Taps Senior Lawyer Julie Gao as CFO
SINGAPORE—ByteDance Ltd., the Chinese owner of short-video platform TikTok, appointed a senior China-focused lawyer as their new chief financial officer,...
Biotech Stocks, Once Booming, Enter Bear Territory
Biotech companies are having one of their worst stock-market runs in years, as rising interest rates, scientific setbacks and a...
Volkswagen in Advanced Talks Over Porsche IPO
BERLIN— Volkswagen AG and the heirs of Beetle designer Ferdinand Porsche, the company’s largest shareholder, said on Tuesday they are...
Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year
Intel Corp. Chief Executive Pat Gelsinger set a goal for the company to reach double-digit revenue growth in three to...
WSJ News Exclusive | Hasbro Activist Begins Proxy Fight, Urges Wizards Unit Spinoff
A little-known activist investor is seeking to add several directors to Hasbro Inc.’s board and is urging the toy maker...
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...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
Unilever Makes Approach for Glaxo’s Consumer-Healthcare Business
LONDON— Unilever UL 1.14% PLC said it had approached GlaxoSmithKline GSK 0.91% PLC and Pfizer Inc. PFE -1.06% about an...
Harley-Davidson’s Electric-Vehicle Division to Go Public Via SPAC Merger
Harley-Davidson Inc.’s HOG 6.94% electric-motorcycle division will become a separate publicly traded company via a blank-check merger, a move the...
