Baby-Formula Production Has Restarted at Abbott’s Michigan Plant
Abbott Laboratories ABT -0.21% has reopened its biggest factory after a shutdown last month that dealt another blow to efforts...
Corporate/Industrial News
Manufacturers Brace for Nord Stream Repairs, Fearing Pipeline Won’t Reopen
PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is...
Twitter, Elon Musk Set for Unprecedented Legal Battle Over Deal Collapse
With Elon Musk attempting to terminate his $44 billion takeover of Twitter Inc. and the company vowing to force him...
Twitter Faces Renewed Questions on Path Ahead as Elon Musk Tries to Abandon Deal
Elon Musk’s decision to try to walk away from his $44 billion acquisition of Twitter Inc. TWTR -5.10% after weeks...
Elon Musk Seeks to Abandon $44 Billion Twitter Deal
Twitter “is in material breach of multiple provisions of that agreement” and appears to have made “false and misleading representations”...
What the Heck Is a ‘Super App’ and Why Are Elon Musk, Evan Spiegel and Jack Dorsey So Interested?
Look! Up in the sky! Is it a bird? A plane? No, it’s super…apps. Unlike regular apps, which for years...
Miami’s Gold Rush: Finance Firms and Crypto Move In, Bringing Strains
From his new office in Miami Beach, real-estate investor Barry Sternlicht is only steps from the ocean. His waterfront mansion...
Rogers Network Outage Disrupts Canada Internet Access and Bank Transactions
One of Canada’s largest telecommunications companies, Rogers Communications Inc., RCI -1.02% reported Friday outages across its nationwide network, affecting millions...
Justice Department Fails for Third Time to Convict Chicken Executives in Price-Fixing Trial
Federal prosecutors failed for a third time to convict five chicken-company officials of allegedly conspiring to fix prices, dealing a...
U.S. Added 372,000 Jobs in June
Hiring in June was near monthly gains logged earlier in the year, the Labor Department on Friday said. Companies added...
Spirit Airlines to Again Delay Shareholder Vote on Frontier Deal
Spirit Airlines Inc. SAVE -1.93% will again postpone a shareholder vote on a merger with Frontier Group Holdings Inc. ULCC...
Startups Suffer Bleak Second Quarter
The number of U.S. startups going public has slowed to a trickle and fresh funding for such companies has dropped...
Theranos Former President Ramesh ‘Sunny’ Balwani Found Guilty on All 12 Fraud Counts
SAN JOSE, Calif.—A federal jury convicted Ramesh “ Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes,...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian RIVN 10.42% Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s...
Heads of FBI, MI5 Issue Joint Warning on Chinese Spying
LONDON—The heads of the FBI and Britain’s domestic security service issued sharply worded warnings to business leaders about the threats...
FDA Suspends Ban on Juul While Vaping Company Appeals
The Food and Drug Administration said it would suspend its ban on Juul Labs Inc.’s products while the e-cigarette maker...
Ford’s U.S. Sales Increase 32% in June, Outpacing Broader Industry
Ford Motor reported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it...
Janet Yellen and China’s Top Trade Negotiator Discuss Tariffs on Call
HONG KONG—Chinese Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke by videoconference about topics including American tariffs...
Air Travelers Cope With Busy July Fourth Holiday Weekend
Travelers faced a busy and sometimes aggravating July Fourth weekend at U.S. airports enduring staffing shortages and other strains, but...
Hard Rock Atlantic City Workers, Casino Operator Reach Labor Agreement
Atlantic City casino workers reached a tentative deal with the Hard Rock Hotel & Casino, averting a strike that could...
