Nike’s Supply Crunch Stunts Growth Again
Global supply-chain constraints continue to hurt Nike Inc.’s NKE -2.71% sales. The sneaker giant reported for a second consecutive quarter...
Corporate/Industrial News
Oracle’s Larry Ellison Targets the Health Cloud With $28.3 Billion Bid for Cerner
Oracle Corp. ORCL -4.27% on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner...
Moderna Says Covid-19 Booster Dose Works Against Omicron Variant in Lab Tests
Moderna Inc. said a third dose of its Covid-19 vaccine increased immune responses against the Omicron coronavirus variant compared with...
Airlines Brace for Flight Restrictions in 5G Standoff
Airlines have begun planning for possible flight disruptions from a new fifth-generation cellular service slated to go live early next...
Covid-19’s Omicron Variant Starts to Take Toll on Businesses
Covid-19’s accelerating spread has hampered operations and slowed sales at some companies in a matter of days, but many say...
Business Lobby Seeks to Delay Tax Rise That Funds Biden Spending Plan
WASHINGTON—A coalition of large multinational companies has launched a late lobbying blitz to delay a tax increase on foreign earnings...
At Twitter and Salesforce, Bret Taylor Steps Into the Limelight
Bret Taylor has been involved with some of the tech industry’s most notable innovations—from Google Maps to Facebook ’s “like”...
YouTube TV Loses Disney Channels Including ESPN in Standoff
YouTube TV subscribers lost access to channels including ESPN and FX after YouTube’s agreement to carry programming from Walt Disney...
Inside AMC’s Crazy, Bonkers, Upside-Down Year of Apes, Memes and Shorts
A mob rescued the world’s largest movie-theater chain from the edge of bankruptcy. It turned out to be only the...
Appeals Court Reinstates Biden Covid-19 Vaccine Rules for Large Employers
A federal appeals court Friday reinstated Biden administration rules that require many employers to ensure that their workers are vaccinated...
Gene Lee, CEO of Olive Garden Parent, to Retire
Olive Garden’s parent company Darden Restaurants Inc. DRI -4.96% said that Gene Lee, the chief executive who has led the...
U.S. Regulators Raise Concern With Stablecoin Digital Currency
Top U.S. financial regulators said they are prepared to take action to address risks to the financial system posed by...
Family Business Deals Help Fuel Carvana’s Explosive Growth
When Ernie Garcia III came up with a plan to disrupt the used-car market by taking it online, he got...
The Elizabeth Holmes Trial: Prosecution Gives Final Pitch in Closing Arguments
SAN JOSE, Calif.—Prosecutors in Elizabeth Holmes’s criminal-fraud trial made their case one more time in closing arguments Thursday as jurors...
Biden to Nominate Sandra Thompson to Lead Fannie and Freddie’s Overseer
WASHINGTON—President Biden plans to nominate Sandra Thompson to become the permanent director of the Federal Housing Finance Agency, the White...
Pfizer Says Its Covid-19 Pill Likely Works Against Omicron
Pfizer also said Tuesday that a final analysis of late-stage study results confirmed the drug, named Paxlovid, was 89% effective...
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...
WSJ News Exclusive | SEC Lures Top Enforcer Who Says Tougher Punishment Is Coming
WASHINGTON—The Securities and Exchange Commission often picks its top cop from the ranks of Wall Street’s best defense lawyers. Its...
How Do You Feel About Inflation? The Answer Will Help Determine Its Longevity
Supply-chain disruptions, labor shortages and climbing oil prices have pushed inflation to a 39-year-high. But attention is now focused on...
Alibaba Fires Female Employee Who Accused Then-Supervisor of Sexual Assault
HONG KONG— Alibaba Group Holding Ltd. has fired a female employee who accused her then-supervisor of molestation and rape during...
