Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday
WASHINGTON—President Biden said Monday that he may make a decision on seeking a pause to the federal gasoline tax by...
Corporate/Industrial News
GM and Ford, Driving to Beat Tesla, Turn on Each Other
Ten miles away at Ford F -0.18% Motor Co.’s headquarters, executives were plotting a pre-emptive public-relations strike, said people familiar...
Covid Fallout Flattens JD.com’s Online Birthday Bash
SINGAPORE—Chinese online shopping giant JD.com midyear e-commerce extravaganza recorded the slowest sales growth in at least five years, in the...
Pixar’s ‘Lightyear’ Generates Lackluster Buzz at the Movie Theater
Fewer families than expected went this weekend to see “Lightyear,” underscoring the challenge of winning big audiences in a summer...
Latam Airlines Cleared to Depart Chapter 11 Under Creditors’ Control
A bankruptcy judge approved a chapter 11 exit plan for Latam Airlines Group SA that puts $5.44 billion of fresh...
Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe
BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step...
Apple Employees at Maryland Store Vote to Unionize
Apple Inc. AAPL 1.15% employees at a retail store outside of Baltimore voted to unionize on Saturday. The move creates...
The Crypto Party Is Over
On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If...
Self-Driving Big Rigs Are Coming. Is America Ready?
Some day in the next few years, if you’re on the right stretch of highway in America’s Sunbelt, you are...
WSJ News Exclusive | Merck Explores Purchase of Biotech Seagen
Merck MRK -0.32% & Co. is eyeing a purchase of biotech Seagen Inc., SGEN 12.72% according to people familiar with...
Drake Releases New Album ‘Honestly, Nevermind’
Just nine months after his last album, Drake is back with new music. The hip-hop superstar released late Thursday his...
Elon Musk Talks Staffing, Free Speech, Remote Work in Twitter Employee Meeting
Elon Musk, speaking via a smartphone that he appeared to be holding in front of him, told Twitter Inc. TWTR...
Tesla Raises Prices Amid Surging Costs
Tesla Inc. TSLA -8.54% has raised the prices on some of its cars by as much as $6,000, as the...
Ferrari to Debut SUV-Like Model in September
MILAN— Ferrari RACE 0.03% NV said a new larger, taller model similar to a sport-utility vehicle will be unveiled this...
Cosmetics Maker Revlon Files For Chapter 11
Revlon Inc. filed for bankruptcy, potentially ending a decadeslong bet on the beauty products company by Ronald Perelman, its billionaire...
Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994
The Federal Reserve approved the largest interest-rate increase since 1994 and signaled it would continue lifting rates this year at...
U.S. Retail Sales Declined in May as Inflation Stings Consumers
Americans’ retail spending declined in May, as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates.Retail...
Massachusetts Court Blocks Gig-Worker Ballot Measure
The top court in Massachusetts blocked a ballot measure Tuesday that would have asked voters to classify gig workers as...
WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC
The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent...
WSJ News Exclusive | Marc Lore’s Food-Delivery Startup Wonder Is Valued at $3.5 Billion After Capital Raise
Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand...
