Food and Medicine Shortages in Ukraine Prompt Global Relief Effort
With food and medicine supplies threatened across Ukraine, domestic and international food manufacturers, distributors and aid workers are mobilizing to...
Corporate/Industrial News
Activision CEO Bobby Kotick Steps Down From Coca-Cola Board
Coca-Cola Co. said Activision Blizzard Inc. Chief Executive Bobby Kotick won’t stand for re-election to its board of directors. “We...
Tech Companies Are Reopening Their Offices, but Tech Work Has Changed Forever
Tech companies are inching closer to reopening their offices, but it’s clear the way they work will never be the...
Disney+ to Roll Out Cheaper, Ad-Supported Subscription in Late 2022
Times have changed, and so have the streaming wars. Disney announced Friday that it would roll out a cheaper, ad-supported...
Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy
TOKYO—A Tokyo judge lashed out at fugitive car executive Carlos Ghosn, calling him a greedy and malicious criminal, and Mr....
Best Buy Posts Lower Sales on Supply-Chain Hit, Omicron Impact
Best Buy Co. ’s sales for the holiday quarter fell from a year earlier, as reduced store hours due to...
EV Startup Rivian Walks Back Price Increase, Apologizes to Customers
Rivian RIVN -3.25% Automotive Inc. is walking back a hefty price increase for its electric trucks and SUVs that was...
Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis
BERLIN—After a pandemic and a global chip crunch, Russia’s war in Ukraine has unleashed auto makers’ third supply-chain crisis in...
U.S. Economy Grew Modestly Amid Omicron Surge, Fed Beige Book Says
The U.S. economy grew at a modest to moderate pace from mid-January through early February as the Omicron variant of...
Ralph Lauren Executive Howard Smith Resigns Over Personal Conduct
Howard Smith, chief commercial officer at Ralph Lauren Corp., has resigned and will step down from his role immediately, the...
Ford Creates Electric-Vehicle, Gas-Engine Divisions in Company Reshape
A robot works on a Ford pre-production all-electric F-150 Lightning truck prototype in Dearborn, Mich. Photo: REBECCA COOK/REUTERS Ford F...
U.S., IEA Agree to Release 60 Million Barrels From Oil Stockpiles Amid Ukraine Turmoil
The U.S. and other major oil-consuming nations said Tuesday they would release 60 million barrels of oil from their emergency...
Jeep Plans Line of Fully Electric SUVs
Jeep, a historic American brand that has long been known for its rugged sport-utility vehicles, plans to offer a line...
Target Profit Rises as Annual Revenue Crosses $100 Billion
Target Corp. TGT 0.28% reported strong sales gains in the holiday quarter, capping off a two-year pandemic run during which...
Lucid Slashes 2022 Vehicle-Production Target
Electric car maker Lucid LCID 9.98% Group Inc. cut its 2022 vehicle-production target, underscoring the twin challenges of global supply-chain...
Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions
BP PLC said Sunday it would exit its nearly 20% stake in Russian oil producer Rosneft, after pressure from the...
BP to Exit From Stake in Russia’s Rosneft Following Pressure From U.K.
British energy giant BP PLC said Sunday it will exit its nearly 20% stake in Russian government-controlled oil producer Rosneft...
Russia Sanctions Over Ukraine Largely Spare Energy Sector, Vital to Europe
The West is rolling out increasingly tough sanctions on Russia but it is going out of its way to preserve...
Global Air Travel Is Disrupted by Russian Invasion of Ukraine
Competing aviation sanctions and the narrowing of airspace available for commercial travel over Russia and Eastern Europe are adding strain...
Facebook, Apple and Other Tech Giants Face Rising Pressure Over Ukraine
U.S. tech giants are under pressure from both Russia and the West to respond to the conflict in Ukraine, highlighting...
