Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash
Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward...
Corporate/Industrial News
WSJ News Exclusive | China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter,...
Elon Musk Sells About $4 Billion in Tesla Stock After Agreeing to Buy Twitter
Elon Musk sold roughly $4 billion worth of Tesla Inc. stock in the two days after agreeing to buy Twitter...
Airbnb Adopts Work-From-Anywhere Approach, Including Overseas
Airbnb Inc. ABNB 4.93% is telling employees they can now work from almost anywhere in the world without a pay...
Amazon Posts First Quarterly Loss Since 2015 as Costs, Rivian Stake Weigh on Results
Amazon.com Inc. AMZN 4.65% posted its first quarterly loss in seven years, a result that reflected broad economic trends related...
Biden Administration Advances Ban on Menthol Cigarettes
The Biden administration on Thursday took a significant step toward a national ban on menthol cigarettes, advancing a regulatory plan...
Elon Musk Criticizes Twitter Executive, Drawing Employee Backlash
Elon Musk, whose takeover bid for Twitter Inc. was accepted two days ago, continued to use the site to criticize...
Elon Musk’s SpaceX Lifts Four Astronauts in Flight to Space Station
SpaceX blasted four astronauts to the International Space Station on Wednesday morning in a mission that comes as billionaire founder...
Facebook Revenue Slows but User Gains Boost Stock
Facebook parent Meta Platforms Inc. FB -3.32% added more users than expected but posted its slowest revenue growth since going...
Saudi Arabia Orders Up to 100,000 Electric Vehicles in Boost to Startup Lucid
RIYADH, Saudi Arabia—Saudi Arabia will purchase between 50,000 and 100,000 electric vehicles over the next decade from Lucid Group Inc.,...
Alphabet Earnings Show Slowing Sales Growth on Digital-Ad Tumult
Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending.The company said...
EU Regulator Cautions Twitter on Content Moderation
A top European Union regulator cautioned that social-media giant Twitter Inc. TWTR -3.91% will need to follow the bloc’s new...
Consumer Brands Push for Clean-Energy Tax Credits
More than 40 companies, including consumer brands such as Airbnb Inc., ABNB 1.47% Lyft Inc., LYFT 2.26% Sierra Nevada Brewing...
Twitter Accepts Elon Musk’s Offer to Buy Company in $44 Billion Deal
Twitter Inc. TWTR 5.66% on Monday accepted Elon Musk’s bid to take over the company, which would give the world’s...
TikTok Owner ByteDance Taps Senior Lawyer Julie Gao as CFO
SINGAPORE—ByteDance Ltd., the Chinese owner of short-video platform TikTok, appointed a senior China-focused lawyer as their new chief financial officer,...
Gas-Engine Bans Drive Landscapers Toward Electric Mowers and Blowers
A push to go electric is sowing discord among landscapers.New state and municipal laws are driving a transition away from...
A Different Kind of Solar Power Attracts Attention
When you think of solar energy, you probably picture the photovoltaic panels that capture sunlight to be converted to electricity....
How Goldman Sachs Is Encouraging Companies to Disclose Emissions Data
Companies are facing more stringent environmental, social and governance requirements leading into proxy season.The Securities and Exchange Commission recently proposed...
Sanctions Strand Thousands of Russia-Bound Luxury Cars
Some 8,000 luxury cars destined for Russia are parked at the Port of Zeebrugge in Belgium as authorities there try...
Chick-fil-A’s Crazy Long Drive-Through Lines Have Santa Barbara Residents Squawking
SANTA BARBARA, Calif.—Business has boomed for Chick-fil-A franchisee Travis Collins during the pandemic, thanks to surging appetite for chicken sandwiches...
