WSJ News Exclusive | DuPont Plans Moves That Would Remake Chemicals Company
DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the...
Corporate/Industrial News
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.
Uncertainty in the global supply chain is driving executives to seek operations away from cheaper countries to locales affording greater...
American Airlines’ Flight Cancellations Are Latest to Disrupt Travel
American Airlines Group Inc. scrubbed more than 1,900 flights over the weekend, the latest in a series of cancellations to...
WSJ News Exclusive | Coke to Pay $5.6 Billion for Full Control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand...
American Airlines Cancels Hundreds of Flights
American Airlines Group Inc. canceled hundreds of flights over the weekend due to staffing shortfalls that followed bad weather, snarling...
Deere Reaches Tentative Agreement with Striking Workers
Deere & Co. said Saturday it has reached a tentative agreement with striking workers, more than two weeks after workers...
Uber and Lyft Thought Prices Would Normalize by Now. Here’s Why They Are Still High.
Americans hailing an Uber or a Lyft ride still face elevated prices due to a shortage of drivers—the latest example...
GameStop’s Chief Operating Officer Departs
GameStop Corp.’s chief operating officer, Jenna Owens, has left the company, less than a year after joining. GameStop didn’t give...
Facebook Joins a Crowded Field In the Race to Build the ‘Metaverse.’ We All Have a Stake in the Outcome.
Tech billionaires are a quirky lot. Some are attempting to build a world imagined in utopian visions of the future,...
U.S. Consumer Spending Grew More Slowly in September
Consumer spending rose 0.6% in September, the Commerce Department said Friday, as the Delta variant and supply-chain disruptions weighed on...
Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer
Almost a year into a global chip shortage, the problems are increasing for many customers as delays get even longer...
Starbucks’s China Sales Slow With Covid-19 Bout
Starbucks Corp. said its U.S. sales were strong during its most recent quarter, though the pandemic’s resurgence in China dragged...
Facebook to Rebrand Company as Meta in Focus on Metaverse
Facebook Inc. Chief Executive Mark Zuckerberg said the company would change its name to Meta to reflect growth opportunities beyond...
Activision Blizzard Chief Reduces Pay, Pledges Changes Amid Probes Into Company Culture
Bobby Kotick, the longtime chief executive of videogame empire Activision Blizzard Inc., told employees Thursday he will take a pay...
Samsung Posts Record Quarterly Revenue From Chip Boom
SEOUL— Samsung Electronics Co. reported record quarterly revenue and saw net profit grow by 31% on the back of booming...
Merck’s Covid-19 Pill Licensed to U.N.-Backed Nonprofit to Increase Global Supplies
Merck & Co. will license a promising Covid-19 drug to a United Nations-backed nonprofit to provide more supplies to low-...
Former Ghosn Aide’s Trial Ends With Declaration of Innocence
TOKYO—Former Nissan Motor Co. executive Greg Kelly took the stand and declared his innocence Wednesday for the last time before...
Corporate Minimum Tax Resurfaces as Democrats Hunt for Money
WASHINGTON—Senate Democrats announced a 15% minimum tax on large companies’ income on Tuesday, winning support from a key moderate lawmaker,...
Microsoft Earnings Jump as Cloud Services Thrive
Microsoft Corp. MSFT 0.64% continued to benefit from the global shift toward remote work as its cloud business boosted its...
