WSJ News Exclusive | Canadian Pacific Plans New, Higher Bid for Kansas City Southern
Canadian Pacific Railway Ltd. is planning to make a new, increased offer for Kansas City Southern , according to people...
Corporate/Industrial News
Early Lordstown Motors Investor Workhorse Group Sold Most of Stake in Startup
Electric delivery truck maker Workhorse Group Inc. said Monday it sold down much of its stake in Lordstown Motor Corp....
Jay Y. Lee, Samsung’s De Facto Leader, Wins Parole From Prison
SEOUL— Samsung ’s de facto leader, Lee Jae-yong, will be released from prison on parole later this week, though it...
Judge Sides With Norwegian Cruise Line in Suit Over Vaccination Proof in Florida
A federal judge has for now sided with Norwegian Cruise Line Holdings Ltd. in its bid to invalidate Florida’s rule...
WSJ News Exclusive | Chicken Producer Sanderson Farms Nears Sale to Continental Grain, Cargill
Sanderson Farms Inc. is nearing a deal to sell itself for around $4.5 billion, according to people familiar with the...
A Gold Mine Takeover Highlights Increasing Mining-Sector Risk
Canada’s Centerra Gold Inc. invested more than $3 billion over nearly three decades to turn a remote gold prospect in...
WSJ News Exclusive | McDonald’s Pushes Diners to Use Trays as Food Bags Run Tight
Burger lovers will have to get used to eating off fast-food trays inside McDonald’s again. McDonald’s Corp. is facing tight...
Cigarette Companies Are Caught Between Death and Taxes
Cigarette companies are pouring billions of dollars into nicotine products that don’t come with the lethal health warnings of traditional...
Peloton Tested a U.S. Safety Watchdog. It Wasn’t the First.
Peloton Interactive Inc. fought to become a breakout star in the at-home fitness industry. It didn’t back down when the...
In the Streaming Wars, Sony Stands on the Sidelines
In Hollywood’s streaming wars, the only major studio that doesn’t have its own service might also be the biggest arms...
United Airlines to Require All U.S. Employees Be Vaccinated Against Covid-19
United Airlines Holdings Inc. will require its 67,000 U.S. employees to be vaccinated this fall, the first major airline to...
WSJ News Exclusive | Business Groups Call on Biden to Restart Trade Talks With China
WASHINGTON—Nearly three dozen of the nation’s most influential business groups—representing retailers, chip makers, farmers and others—are calling on the Biden...
Roku Pays to Be a Player
Investors got a painful reminder Wednesday that Roku is still in the hardware business. It has been easy to forget....
GM Reveals Hit From Chip Shortage, Rising Costs
General Motors Co. posted strong second-quarter earnings and raised its full-year profit guidance but said the lingering computer-chip shortage and...
Casino Owner Vici Properties to Buy MGM Growth Properties
Real-estate investment trust Vici Properties Inc. agreed to buy MGM Growth Properties LLC in a deal that values the casino...
Boeing’s Starliner Flight Was Postponed. What Happens Now?
When Boeing Co. will attempt to launch its Starliner space taxi to the International Space Station remains unclear after its...
Tencent Sinks After China Denounces Online Gaming
Shares of Tencent Holdings Ltd. and rivals fell Tuesday after a state-owned Chinese newspaper criticized online gaming as “opium for...
Activision Replaces Blizzard Head J. Allen Brack as It Faces Gender-Bias Lawsuit
Activision Blizzard Inc. said an executive named in a gender-bias lawsuit filed by California regulators is leaving the videogame publisher....
Alibaba Posts Lower Profit as Chinese Tech Giant Boosts Spending
Alibaba Group Holding Ltd. reported an increase in revenue in the latest quarter, but profits fell as the e-commerce behemoth...
Cable, Internet Companies Stand to Gain From Broadband Funding in Infrastructure Bill
WASHINGTON—The $1 trillion infrastructure bill moving through the Senate this week stands to be a windfall for cable and fiber-optic...
