Kroger Workers Approve New Contract After Nine-Day Strike
More than 8,000 workers at Kroger Co. KR -3.12% ’s King Soopers grocery stores ratified a new three-year contract following...
Corporate/Industrial News
WSJ News Exclusive | Ford Shuts Off Orders for New $20,000 Maverick Pickup
Ford F -1.26% Motor Co. is taking the unusual step of cutting off customer orders for the Maverick, a more-affordable...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
Software Provider Globalization Partners Gets Vista Equity Backing at $4.2 Billion Valuation
Globalization Partners, a software provider that helps businesses streamline the process of hiring employees internationally, has landed new backing from...
Winter Olympics Sponsors Caught Between Beijing, U.S.
With less than two weeks to go before the start of the Winter Games in Beijing, several Olympics sponsors are...
Cruise Lines Betting on Summer Rebound Face Obstacles From Omicron
The cruise industry’s bet on a big summer rebound is looking less certain. Travel agents and industry executives say that...
Kraft Heinz CFO Paulo Basilio to Depart in March
Paulo Basilio, the two-time finance chief of consumer-goods giant Kraft Heinz Co. who pruned the company's portfolio and brought down...
Netflix Plunge Deepens Nasdaq’s Correction
Plunging shares of Netflix Inc. NFLX -21.79% and other streamers dragged the Nasdaq Composite Index deeper into correction territory Friday,...
Airbus Cancels Qatar Airways Plane Contract, a Rare Move Amid Growing Spat
LONDON— Airbus SE EADSY -0.53% scrapped a $6 billion jet contract with Qatar Airways Ltd., part of an escalating legal...
Intel to Invest at Least $20 Billion in Ohio Chip-Making Facility
Intel Corp. INTC -2.95% plans to invest at least $20 billion in new chip-making capacity in Ohio, according to a...
Senate Panel Approves Antitrust Bill Restricting Big Tech Platforms
WASHINGTON—A Senate panel approved antitrust legislation forbidding the largest tech platforms from favoring their own products and services over competitors’,...
U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year
U.S. home sales surged to a 15-year high in 2021, powered by low borrowing rates and an intense buyer demand...
Netflix Is Expected to Log Smaller Profit as It Spends More on Content
Netflix Inc. NFLX 0.56% is banking on its large slate of entertainment to bring in new subscribers and justify its...
Why 5G Rollout Is Concerning Airlines and Flight-Safety Regulators: What to Know
The U.S. rollout of a new 5G wireless internet service has been contentious.After a standoff over potential risks that the...
U.S. Flight Disruptions Ease as New 5G Service Goes Live
The launch of enhanced 5G services Wednesday had a limited impact on U.S. flights after aviation regulators gave airlines additional...
Unilever Walks Away From Glaxo Consumer-Healthcare Deal
Unilever UL 7.73% PLC said it wouldn’t increase its $68 billion offer for GlaxoSmithKline GSK -2.41% PLC’s consumer-healthcare business, effectively...
China Notifies Firms of Tougher Investment Rules for Big Tech
SINGAPORE—China has notified some companies of new rules that require the country’s biggest internet firms to seek approval for investment...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
