Freight Railroads Propose Limiting Sensitive Cargo as Strike Threat Looms
Freight railroads said they are planning to halt the transport of hazardous materials and sensitive cargoes, such as chemicals used...
Corporate/Industrial News
Rent the Runway to Reduce Workforce as More Customers Pause Their Subscriptions
Rent the Runway Inc. RENT 10.04% said it would reduce its corporate workforce by 24%, primarily through layoffs, as the...
GE Chief Says Supply Chain Is a Daily Challenge
General Electric Co. GE 2.15% Chief Executive Officer Larry Culp said that the company’s breakup plans are on track but...
European Manufacturers Reel From Russian Gas Shutoff
European industry thrived for decades on a steady supply of cheap Russian gas, which flowed uninterrupted throughout the Cold War...
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Activist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney...
Nikola Founder Faces Securities-Fraud Trial Over Promises About Electric Trucks
Trevor Milton, the Nikola Corp. NKLA 3.24% founder who enticed auto-industry leaders and investors with his promise for a revolution...
U.S. Heat Wave Hits Supermarkets’ Produce Sections
High temperatures in the Western U.S. are hitting the produce industry, damaging crops, shrinking shipments and leaving fewer leafy greens...
How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’
Occidental Petroleum Corp. OXY 1.75% entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers....
TV Networks Have a New Role: Farm Teams for Streaming Shows
Broadcast networks are launching fewer new shows than usual this fall, the latest sign of their diminished popularity and ambitions...
After Queen’s Death, Prince Harry and Meghan Return to Royal Spotlight as Hollywood Projects Launch
LOS ANGELES—The death of Queen Elizabeth II comes as Hollywood watches another monarchy drama play out in its own backyard:...
India’s Edtech Startups Regroup as Pandemic Bonanza Fizzles
NEW DELHI—The hottest thing in India’s online-education industry right now is going offline.After two years of blistering growth, sparked by...
Elon Musk Lawyer Cites Twitter’s Whistleblower Payment as New Reason to Drop $44 Billion Takeover
Elon Musk first tried to abandon a $44 billion deal to take over Twitter in July. Photo: Michael Gonzalez/Getty Images...
Summer Movie Season Fizzles Out, With Few Blockbusters to Count On This Fall
This summer’s movie season started with a bang, but ended with a whimper, running out of hit movies well before...
Affordable Care Act Health-Plan Premiums Set to Rise
Premiums for many Affordable Care Act health-insurance plans are set to rise sharply next year, a sign of how rising...
Caterpillar Settles Tax Dispute With IRS, Will Pay No Penalties
Caterpillar Inc. said the settlement included the resolution of the disputed tax treatment of profits earned by a subsidiary from...
Elon Musk and Twitter Trade Barbs at Wide-Ranging Hearing
Lawyers for Elon Musk and Twitter Inc. TWTR 0.05% ended a wide-ranging hearing over their stalled $44 billion deal debating...
Oil Royalty and Mineral Companies Sitio and Brigham to Merge in $4 Billion Tie-Up
Sitio Royalties Corp. and Brigham Minerals Inc. have reached a deal to merge to form one of the largest publicly...
Illumina-Grail Deal Blocked by EU’s Antitrust Regulator
BRUSSELS—The European Union blocked Illumina Inc.’s acquisition of Grail Inc., just days after the American life-sciences company won its case...
Volkswagen to List Porsche in One of Biggest IPOs in Years
The offering could value Porsche at as much as 85 billion euros ($84 billion), according to analyst estimates, injecting fresh...
OPEC+’s Warning Shot
Updated Sept. 5, 2022 5:30 pm ET Russia is using natural gas to punish Europe. Oil hasn’t yet been similarly...
