If the U.S. Is in a Recession, It’s a Very Strange One
Economic output is down—but the job market is strong, unlike in previous recessions. It’s the latest twist in the odd...
Corporate/Industrial News
Jeff Bezos Criticizes Biden’s Call for Gas Stations to Cut Prices
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American Airlines Computer Glitch Disrupts Pilots’ Schedules
American Airlines Group and the union that represents its pilots are discussing extra pay for some pilots to compensate them...
Tesla Vehicle Deliveries Tumble After China Factory Shutdown
Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China,...
Elvis Presley Movie Is Just the Start of a Flood of ‘King’ Content
The estate of Elvis Presley is banking on a new era of burning love for the King of Rock ’n’...
Jerry Hall Files for Divorce From Rupert Murdoch
Jerry Hall filed for divorce from Rupert Murdoch on Friday, citing “irreconcilable differences” and seeking spousal support.Ms. Hall, a model...
Exxon Says Quarterly Profit Could Hit $18 Billion
Exxon Mobil Corp. is forecasting banner second-quarter earnings that could come in as high as about $18 billion, largely on...
Walmart, Target Show Divergence on Companies’ Abortion Coverage
Employees of Target Corp. have access to health-insurance plans that broadly cover abortion. Walmart health plans don’t cover an abortion...
Kohl’s Ends Talks of Its Sale to Vitamin Shoppe Owner Franchise Group
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Airbus Wins First Major China Jet Order Since Before Pandemic
China placed a large order on behalf of three of its biggest airlines for close to 300 jets from Airbus...
Atlantic City Casino Workers Reach Labor Pacts With Caesars, MGM
Atlantic City, N.J., casino union workers reached tentative agreements with MGM Resorts International and Caesars Entertainment Inc. to avoid a...
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings...
Walgreens Shifts Into Recession Mode as Covid Boom Fades
Walgreens Boots Alliance Inc. is bracing for a recession and life after Covid. The second-biggest U.S. drugstore chain by stores...
FedEx’s New Boss Faces Strategic Choice as Package Volumes Fall
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FCC Member Calls On Apple, Google to Banish TikTok
WASHINGTON—A federal communications regulator has asked Apple Inc. and Google to remove Chinese-owned TikTok from their app stores, citing the...
Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge
When Mark Tritton took the helm of Bed Bath & Beyond in 2019, he moved quickly to overhaul the home-goods...
FTC Accuses Walmart of Letting Scammers Use Its Money-Transfer Services
The Federal Trade Commission sued Walmart on Tuesday, alleging the retailer allowed its money-transfer services to facilitate fraud.The complaint, filed...
Pinterest CEO Is Stepping Down, Google Commerce Executive to Take Top Job
Pinterest longtime chief executive is stepping down and a Google commerce executive is taking over the top job, the social-media...
CAA Completes $750 Million Deal for Rival Talent Agency ICM Partners
Updated June 28, 2022 4:11 pm ETListen to article(2 minutes)Creative Artists Agency completed its acquisition of ICM Partners, a deal...
Elon Musk Has Twitter’s Data, but Getting Answers on Spam Accounts May Be Tougher
Elon Musk has gained access to the Twitter data that he said was needed to complete his $44 billion acquisition,...
