Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential...
Corporate/Industrial News
Supermarkets, Restaurants Hire Security, Limit Hours to Combat Crime
Restaurants and grocery stores said they are revamping operations in response to crime, with some operators limiting hours, spending more...
Inflation Has Outpaced Wage Growth. Now It’s Cutting Into Spending.
Early in the Covid-19 pandemic, U.S. wage growth accelerated, as weekly earnings jumped more than 7% in April and May...
Elon Musk’s Inner Circle Rocked by Fight Over His $230 Billion Fortune
Mr. Birchall, a straight-laced, 48-year-old wealth manager who rose to become Mr. Musk’s top deputy and the head of his...
All Jobs Businesses Cut in Pandemic Are Back, but Not Where They Were Lost
Transportation and warehousing jobs, benefiting from an e-commerce boom, have grown the fastest among major industry groups since the Covid-19...
Elon Musk Fires Back at Twitter Lawsuit
Lawyers for Mr. Musk filed papers with the Delaware Chancery Court, their first public response to the lawsuit filed earlier...
Emirates, Heathrow Reach Agreement Over Passenger Cap
LONDON—Emirates and London Heathrow Airport reached an agreement under which the airline, the world’s biggest by international traffic, will cap...
WSJ News Exclusive | Merck Deal for Seagen Seen as Unlikely by Earnings Release
Merck & Co.’s roughly $40 billion deal for Seagen Inc. is unlikely to be finalized ahead of the pharmaceutical giant’s...
Volkswagen to Keep Factory Running in China’s Xinjiang Region
HONG KONG— Volkswagen AG VOW 3.45% reiterated a commitment to producing vehicles in China’s western region of Xinjiang, an area...
U.S. Retail Sales Rose 1% in June
June’s increase came after sales declined slightly in May, the Commerce Department said Friday.Consumers spent more last month across a...
WSJ News Exclusive | Amazon Has Been Slashing Private-Label Selection Amid Weak Sales
Amazon.com Inc. AMZN 0.21% has started drastically reducing the number of items it sells under its own brands, and the...
Twitter Lawsuit Adds to Musk’s Tesla and SpaceX Challenges
Tesla and SpaceX didn’t respond to requests for comment. Tesla, still the world’s most valuable auto maker by far, earlier...
Hilcorp, Exxon and Conoco Top Greenhouse Gas Emitters, Environmental Groups Say
Hilcorp Energy Co., Exxon Mobil Corp. , Conoco COP -4.96% Phillips and Occidental Petroleum Corp. OXY -3.13% are the U.S....
Netflix Partners With Microsoft for New Advertising-Backed Option
Netflix Inc. NFLX 1.21% said it chose Microsoft Corp. MSFT -0.37% to help launch a low-cost, advertising-supported streaming plan, a...
Twitter Sues Elon Musk to Enforce $44 Billion Merger
Twitter Inc. TWTR 4.32% sued Elon Musk over the billionaire’s attempt to walk away from his $44 billion takeover bid,...
Union Organizing Efforts Rise in First Half of Year
The number of U.S. workplaces where employees have started trying to organize unions jumped this year to the highest level...
Global Tax Talks Hit Another Delay
The most significant changes to global tax rules in a century will take longer than planned, negotiators said Monday, as...
Gap CEO Sonia Syngal Is Stepping Down
Gap Inc. GPS -1.57% replaced chief executive Sonia Syngal after a little more than two years on the job, making...
Frontier Asks Spirit Airlines to Further Delay Shareholder Vote on Deal
Frontier ULCC -0.23% Group Holdings Inc. said it is done bidding against rival JetBlue JBLU -2.25% Airways Corp. for Spirit...
Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.
Elon Musk’s showdown with Twitter Inc. TWTR -5.10% has set the stage for what could become one of the most...
