GE’s Profits Rise but Sales Miss Forecasts
General Electric Co. GE 1.20% reported stronger profits as cost cutting offset lower-than-expected sales of its industrial equipment in the...
Corporate/Industrial News
Facebook Posts Slower Sales Growth With Apple Privacy Policy
Facebook Inc. blamed Apple Inc.’s AAPL -0.03% privacy rules for posting slower sales growth and warned of further uncertainty for...
Hertz Orders 100,000 Teslas, Part of Plan to Electrify Rental-Car Fleet
Hertz Global Holdings Inc. HTZZ 7.33% said it has ordered 100,000 vehicles from Tesla Inc. TSLA 11.17% to stock its...
WSJ News Exclusive | Mark Cuban-Owned Company Launches Pharmacy-Benefit Manager
A pair of new companies are being launched to tackle high drug costs, the latest sign of employer frustration with...
Carbon Offsets Are Used by Companies Seeking ‘Net Zero,’ but Concerns Persist
Companies are snapping up carbon offsets, but the patchwork of informal markets serving that appetite lack consistent standards and oversight,...
Facebook Services Are Used to Spread Religious Hatred in India, Internal Documents Show
Mark Zuckerberg praised India in December as a special and important country for Facebook Inc., saying that millions of people...
Trump’s Social-Media Platform Joins Crowded Conservative Media Field
Former President Donald Trump’s planned digital-media venture could quickly become a serious competitor in a crowded field of right-leaning sites...
Postmaster General Louis DeJoy Plans to Deliver for the Holidays
LEETSDALE, Pa.—Some recipients waited on the U.S. Postal Service to deliver holiday gifts until well after decorations were taken down...
High Inflation Creates Tax Winners and Losers. What Are You?
Inflation is about to ripple through the tax code—and the nation’s mishmash of tax provisions means some people will be...
Google Charges More Than Twice Its Rivals in Ad Deals, Unredacted Suit Says
Google takes a cut of 22% to 42% of U.S. ad spending that goes through its systems, according to a...
WSJ News Exclusive | Carvana Faces Government Scrutiny and Fines Following Consumer Complaints
Carvana Co. CVNA 4.40% says its goal is to help consumers sidestep everything people hate about buying used cars, thanks...
Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct
A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was...
Chipotle’s Profit More Than Doubles as Chain’s Burritos Get Pricier
Chipotle Mexican Grill Inc. said higher menu prices helped boost its profit as the burrito chain deals with increased labor...
WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the...
New York City Lost Most Wall Street Jobs in 2020, Amid Covid-19, Since 2008 Recession
Wall Street firms shed more New York City jobs during the Covid-19 pandemic in 2020 than any year since the...
Moderna and J&J Covid-19 Boosters, Mixing and Matching Authorized by the FDA
U.S. health regulators significantly widened the nation’s Covid-19 booster campaign, clearing use of extra doses of Moderna Inc. and Johnson...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
Netflix Co-CEO Says He ‘Screwed Up’ When Defending Dave Chappelle Special
Netflix Inc. Co-Chief Executive Ted Sarandos said he “screwed up” in his efforts to communicate with employees who were upset...
Higher Sales Across Divisions Lift Johnson & Johnson as Healthcare Sector Recovers
Johnson & Johnson’s JNJ 2.55% sales climbed in the latest quarter compared with the same stretch of last year, reflecting...
Procter & Gamble to Raise Prices on More Staples
Procter & Gamble Co. PG -1.44% is raising prices on a host of household staples as costs for freight and...
