Johnson & Johnson’s Top Scientist to Depart
Johnson & Johnson’s JNJ -0.42% top scientist, who oversaw a turnaround in the company’s pharmaceutical unit and the development of...
Corporate/Industrial News
Southwest Airlines Cancels Hundreds of Flights After Weekend Disruption
Southwest Airlines Co. LUV -4.17% scrapped about 10% of its Monday flight schedule, following hundreds of earlier cancellations over the...
Hasbro Enters Holiday Season With CEO on Health Leave
Hasbro Inc.’s HAS -1.62% abrupt leadership change this week leaves the toy company in the hands of lieutenants to navigate...
Merck Asks FDA to Authorize Promising Covid-19 Pill
Merck & Co. and partner Ridgeback Biotherapeutics LP said Monday they have filed an application asking U.S. health regulators to...
Unfinished Tractors, Pickup Trucks Pile Up as Components Run Short
Manufacturers are stacking up unfinished goods on factory floors and parking incomplete vehicles in airport parking lots while waiting for...
WSJ News Exclusive | Catalent to Buy Supplement Maker Bettera Holdings for $1 Billion
Contract drug manufacturer Catalent Inc. is expected to announce Monday that it has agreed to buy closely held Bettera Holdings...
Elizabeth Holmes Might Claim Abusive Relationship in Theranos Fraud Trial
Theranos Inc. founder Elizabeth Holmes could argue at her upcoming criminal fraud trial that she was in a decadelong abusive...
Concert Plans Change as Covid-19 Concerns Persist
Concerts’ long-anticipated comeback this fall is stumbling, as more big-name artists cancel their tours and other musicians are coping with...
Theranos Didn’t Stop the Search for the Next Healthcare Star
Theranos Inc. once symbolized how Silicon Valley’s hustle and innovation might revolutionize healthcare. Its collapse made it a cautionary tale...
WSJ News Exclusive | ESPN Explores Sports-Betting Deal Worth at Least $3 Billion
Walt Disney Co. ’s ESPN is seeking to license its brand to major sports-betting companies for at least $3 billion...
White House More Than Doubles Its Inflation Forecast in New Update
WASHINGTON—The White House more than doubled its forecast for annual inflation in new projections released Friday, as supply-chain disruptions stemming...
Apple Set to Let App Developers Alert Users to Alternate Payment Methods
Apple Inc. on Thursday announced changes to its App Store regulations that will allow software developers to tell customers how...
Peloton Slashes Price on Exercise Bike, Predicts Slowing Growth
Peloton Interactive Inc. on Thursday lowered by 20% the price of its original stationary bike, a move that comes as...
Business Groups Withdraw Suit Challenging Health-Price Transparency Rule
The U.S. Chamber of Commerce and a Texas affiliate withdrew a suit filed to block parts of a federal rule...
World’s Largest Chip Maker to Raise Prices, Threatening Costlier Electronics
The world’s largest contract chip maker is raising prices by as much as 20%, according to people familiar with the...
Microsoft Hires Former Top Amazon Cloud Executive, Adding to Rivalry
Microsoft Corp. hired a top Amazon.com Inc. cloud veteran and ally of Chief Executive Andy Jassy, according to a company...
Intel Lands Pentagon Deal to Support Domestic Chip Making
Intel Corp. said it would provide commercial foundry services in the first phase of a broader Defense Department program that...
U.S. Home Sales Rose 2% in July Amid Higher Inventory
The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than...
WSJ News Exclusive | Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing
Richard Branson’s Virgin Orbit said Boeing Co. will invest in the satellite-launching startup’s planned $3.2 billion SPAC listing later this...
Juul, Other E-Cigarette Makers Face Judgment Day
A shakeout of e-cigarettes is at hand. The Food and Drug Administration is nearing a deadline to decide which e-cigarettes...
