Intel Erases Reference to China’s Xinjiang After Social-Media Backlash
SINGAPORE—Intel Corp. removed references to the Chinese region of Xinjiang from an open letter it sent suppliers last month, after...
Corporate/Industrial News
Fed Vice Chairman Richard Clarida to Resign
Federal Reserve Vice Chairman Richard Clarida said he would resign from the central bank on Friday, two weeks before his...
VW Finance Chief Expects Inflation to Ease and Chip Shortage to Drag On
BERLIN— Volkswagen AG VOW -0.22% , one of the world’s largest auto makers, expects inflation to ease later this year...
Hungry for Chips, Huawei Invests in Chinese Companies That Make Them
HONG KONG—Blocked by the U.S. from buying many of the chips it needs, Huawei Technologies Co. is stepping up investments...
When You’re Burned Out at Your Job, But It’s Also Your Calling
Erine Cressell worked as a hospital nurse for 15 years, with dreams of finishing an advanced degree and treating patients...
Americans’ Finances Got Stronger in the Pandemic—Confounding Early Fears
The Covid-19 pandemic threatened to ruin Americans’ finances. For many, the opposite happened.Though initial shutdowns caused unemployment to surge to...
The Crowd That Lifted Up Eventbrite’s CEO
Attending a Star Trek convention while working on a documentary series showed Julia Hartz the power of live events. The...
McKinsey’s Top Executive Wants to Change How the Firm Operates
Bob Sternfels took over as McKinsey & Co.’s global managing partner in July at a difficult moment for the consulting...
U.S. to Spend $10 Billion to Boost Small Businesses
The U.S. is planning to hand out $10 billion to help upstart companies gain access to capital in a bid...
FAA Selects Airports for 5G Buffer Zones
U.S. air-safety regulators have picked dozens of airports that would get buffer zones to help avoid expected flight disruptions once...
Purdue Pharma Authorized to Appeal Judge’s Rejection of Sackler Settlement Plan
A federal judge authorized Purdue Pharma LP and its Sackler family owners to appeal a ruling that threw out their...
After Two Weeks of Flight Cancellations, Airlines Assess What Went Wrong
At JetBlue Airways Corp., executives felt confident coming into the Christmas season. The airline had flown through Thanksgiving week with...
U.S. Jobs Report Shows Record Annual Gain
Hiring slowed in December to 199,000 new jobs, the Labor Department said Friday, while the U.S. added a record number...
Apple CEO Tim Cook Received Nearly $100 Million in Compensation in 2021
Apple Inc. AAPL -1.67% Chief Executive Officer Tim Cook received almost $100 million in compensation in 2021, a year in...
Jury in Elizabeth Holmes Trial Seized on Two ‘Smoking Guns’ to Convict Theranos Founder, Juror Says
SAN JOSE, Calif.—In their second week of deliberations, jurors in the trial of Elizabeth Holmes seized on what one juror...
New Lawsuit Seeks to Hold Facebook Liable in Shooting Death of Federal Security Guard
A lawsuit filed Wednesday seeks to hold Facebook’s FB 2.89% parent company liable in the 2020 killing of a federal...
Consumer Demand for Goods Drove U.S. Import Surge During Holidays
U.S. consumer demand for goods and an easing of supply-chain constraints drove a surge in imports in November, pushing the...
5G Truce Expected to Avert Many—but Not All—Flight Disruptions
A truce reached this week in the standoff over new 5G service and aviation safety will forestall serious air travel...
AT&T Shed Media Assets in 2021. This Year It Wants to Add Investors.
AT&T Inc. T 0.83% faces a busy year as it tries to complete a divorce with its entertainment business, ease...
Candle Media Buys Stake in Media Company Co-Founded by Will Smith and Jada Pinkett Smith
Candle Media, a firm led by two former Walt Disney Co. executives, has agreed to buy a stake in Will...
