Toyota Overtakes GM as Bestselling Auto Maker in U.S.
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly...
Corporate/Industrial News
Tesla Opens Showroom in China’s Xinjiang, Region at Center of U.S. Genocide Allegations
Tesla Inc. TSLA 13.53% has opened a new showroom in Xinjiang, the remote region where Chinese authorities are carrying out...
The Elizabeth Holmes Verdict: Theranos Founder Is Guilty on Four of 11 Charges in Fraud Trial
SAN JOSE, Calif.— A federal jury convicted Elizabeth Holmes, the startup founder who claimed to revolutionize blood testing, on four...
U.S., European Factories See Easing Supply Strains, but Omicron Threatens Setbacks
Factories in Europe and the U.S. reported a further easing of supply-chain problems and associated cost increases as 2021 drew...
AT&T, Verizon Refuse FAA Request to Delay 5G Launch
AT&T Inc. and Verizon Communications Inc. rebuffed a request from federal transportation officials to voluntarily delay the launch of new...
A Booming Startup Market Prompts an Investment Rush for Ever-Younger Companies
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location...
Chip Makers Contend for Talent as Industry Faces Labor Shortage
The world’s largest chip makers are fighting for workers to staff the billion-dollar-plus facilities that they are building around the...
Pricey Chicken Puts Thighs on Restaurant Menus
Short supplies and escalating costs of chicken breasts and wings are leading restaurants to add thighs and other dark poultry...
Headaches and Backlogs Loom as Tax Filing Season Nears Again
WASHINGTON—The third tax-filing season during the coronavirus pandemic is set to begin soon with more delays, uncertainty and frustration likely...
U.S. Companies Are Thriving Despite the Pandemic—or Because of It
Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording...
New Covid-19 Pills Carry Risks: What Patients Should Know
The first Covid-19 antiviral pills that can be taken at home are a new treatment option for infected people, but...
Beijing Fell Short on Trade Deal Promises, Creating Dilemma for Biden
WASHINGTON—Beijing’s commitment to step up purchases of U.S. goods and services under a 2020 trade pact expires Friday with China...
China Warns Walmart Against Removing Products Made in Xinjiang
China’s anti-corruption watchdog criticized Walmart Inc. WMT 1.15% on Friday, warning of a consumer boycott following reports that the world’s...
3G Capital Diversifies Away From Food With Hunter Douglas Deal
3G Capital has agreed to buy a majority stake in Dutch window-coverings maker Hunter Douglas HDG 69.82% NV in a...
IKEA to Raise Prices as Global Supply Costs Keep Rising
IKEA said it would increase the prices of its products around the world as the furniture giant grapples with rising...
Airlines Cancel More Than 1,300 Flights
The coronavirus surge continued to disrupt U.S. air travel as airlines canceled hundreds of flights Thursday, while the Federal Aviation...
Teva Found Liable for Fueling Opioid Addiction in New York
A jury in New York state found drugmaker Teva Pharmaceuticals Industries Ltd. liable for creating a public nuisance in the...
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business
Didi in early December said it is planning to delist from the U.S. and pursue a listing in Hong Kong....
Google and Tech Rivals Tap Cash Reserves to Realize Cloud Ambitions
Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies...
Facebook’s Pushback: Stem the Leaks, Spin the Politics, Don’t Say Sorry
The day after former Facebook employee and whistleblower Frances Haugen went public in October, the company’s team in Washington started...
