Bud Brewer Is Buoyed by Pricier Beer
Beer drinkers are so far stomaching higher prices for their brews. Budweiser owner Anheuser-Busch InBev SA BUD 2.60% said Thursday...
Corporate/Industrial News
Fed Lifts Interest Rates by Half-Point in Biggest Hike Since 2000
The Federal Reserve approved a rare half-percentage-point interest rate increase—the largest since 2000—and a plan to shrink its $9 trillion...
Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s UBER -4.65% revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused...
Telehealth Startup Cerebral to Stop Prescribing Adderall for New Patients
Cerebral Inc. executives told its clinicians that the company will pause prescribing controlled substances such as Adderall to treat attention-deficit...
EU Proposes Ban on Russian Oil Imports
BRUSSELS—The European Union proposed a ban on imports of Russian crude oil within six months and on refined oil products...
Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this...
Starbucks Plans Barista Raises, Says Unionized Cafes Will Need to Bargain
Starbucks Corp. said it would boost pay for U.S. baristas who have been with the company for at least two...
Immigrants to Get Extension for Expiring or Expired U.S. Work Permits
WASHINGTON—Most immigrants with recently expired or soon-to-expire work permits will be able to continue working on those documents for up...
BP Takes $25.5 Billion Hit From Russia Exit
BP BP 0.49% PLC took a $25.5 billion pretax accounting charge related to its decision to exit its Russia holdings,...
WSJ News Exclusive | Activist Investor Ancora Has 1% Hasbro Stake
An activist investor has a stake in Hasbro Inc. HAS 1.83% and is supporting another activist already waging a proxy...
Amazon Workers Reject Union in New York After Labor Victory at Separate Facility
Amazon.com workers voted against unionizing at a facility on Staten Island, N.Y., a win for the company after a loss...
EU Prepares Ban on Russian Oil
The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end...
Disney’s Clash With Florida Has CEOs on Alert
In private meetings and coaching sessions over the past few weeks, top business leaders have been asking a version of...
For Instacart Shoppers, the Job Is Getting Harder, Slower
The pandemic made shopping for Instacart Inc. one of the hottest jobs in the supermarket business. Now, it is getting...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY -0.53% share price fell nearly 70% over the past year. Trimming the fat might...
How the Owner of a Frozen-Yogurt Store Has Survived in a Volatile Industry
Veronica Tessler has seen the best and worst of the frozen-yogurt business.When she opened her self-service yogurt shop in 2011,...
Tariff Probe Casts Shadow on U.S. Solar Build-Out
American utilities are anticipating a significant slowdown in the build-out of new solar farms amid a U.S. probe into Asian...
Record Fertilizer Prices Drive Investors, Farmers to Microbes
Startups marketing alternative crop fertilizers said they are gaining traction among U.S. farmers and investors, pitching themselves as a potentially...
Apple’s Not-So-Secret Plan to Take Another Gigantic Bite of the Microchip Market
Apple AAPL -3.66% has shown it can design the brains of its devices, and is now poised to do something...
Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal
In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or...
