U.S. Supplier Price Gains Accelerated in May
U.S. suppliers’ prices rose in May amid higher food and energy costs, adding to pressure on inflation.The producer-price index, which...
Corporate/Industrial News
Piedmont and Envoy Air Raise Pilots’ Pay as Travel Demand Surges
Pilots at two regional airlines owned by American Airlines Group Inc. AAL -9.45% are getting a sizable pay raise for...
WSJ News Exclusive | Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China
Congress is pressing ahead with legislation that could rewrite the rules for American companies investing abroad, proposing the screening of...
Prologis to Buy Duke Realty in $26 Billion Deal, Including Debt
Prologis will gain properties for its portfolio in key areas with the transaction, including Southern California, New Jersey, South Florida,...
Google Settles Gender Discrimination Lawsuit for $118 Million
Google agreed to pay $118 million to settle a lawsuit claiming the tech giant had discriminated against women in pay...
Three-Dose Pfizer Covid Vaccine Works Safely in Young Children, Review Says
The FDA staff also said, in a review of study data posted online Sunday, that there were no new safety...
McDonald’s in Russia Reopens Under New Ownership
MOSCOW—More than a dozen former McDonald’s MCD -1.97% restaurants reopened here under a new brand and new ownership, accompanied by...
The Best Office Designs to Lure Back Remote Workers
As employees slowly return to the office, many companies would benefit by looking to an often-ignored aspect of the workplace...
FanDuel CEO Amy Howe Wants to Help the Sports-Betting Business Grow Up
LOS ANGELES—Ahead of the year’s biggest gambling event, FanDuel Group Chief Executive Amy Howe was spreading her message of confidence...
Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant
Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and...
What Do Chinese Consumers Want? Walmart Can’t Figure It Out.
Walmart Inc. opened its first store in China in 1996, a sprawling supercenter in the Hong Kong border city of...
The Billionaire Funding a Battle Against Hospital Monopolies
John Arnold antagonized public-employee unions and pharmaceutical firms with campaigns to reform government-funded pensions and bring down high drug prices....
WSJ News Exclusive | Biden Administration to Pursue Rule Requiring Less Nicotine in U.S. Cigarettes
The Biden administration intends to pursue a policy requiring tobacco companies to reduce the nicotine in all cigarettes sold in...
WSJ News Exclusive | Business Losses From Russia Top $59 Billion as Sanctions Hit
Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to...
As Gas Prices Near $5 a Gallon, Record Fuel Costs Upend Businesses, U.S. Economy
As U.S. gasoline prices approach a record average of $5 a gallon, fuel costs are rippling through almost every corner...
Disney Fires Top TV Executive Peter Rice as Board Backs CEO Bob Chapek
In a surprise shake-up, Walt Disney Co. on Wednesday fired Peter Rice, a top television executive, just months after renewing...
Some Flight Attendants Can Bring Their Full Selves to Work—Tattoos, Sneakers, Nose Studs and All
Drinks ordered at 36,000 feet may now come served with a side of ink. Virgin Atlantic Airways Ltd. last week...
U.S. Jobless Claims Rose Above Prepandemic Average Last Week
New applications for unemployment benefits rose last week above their prepandemic average for the first time since January, adding to...
Trader Joe’s Workers Seek to Form a Union
A group of Trader Joe’s employees in Massachusetts filed with a federal agency to hold a union election, joining other...
Powell’s Opinions on Inflation Matter, Not Biden’s
One of the reasons inflation got out of control in the 1970s is that policy makers had heterodox theories about...
