Biogen to Sell Biosimilar-Venture Stake to Partner Samsung Biologics
Biogen Inc. is selling its share in biosimilar joint venture Samsung Bioepis for at least $2.25 billion to partner Samsung...
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Southwest Turns Quarterly Profit, Says Worst of Omicron Is Over
The Dallas-based airline on Thursday posted a fourth-quarter profit of $68 million, up from a loss of $908 million a...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
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...
Economy Week Ahead: Fed, GDP, Consumer Spending
Fed Chairman Jerome Powell. The central bank’s two-day policy meeting is scheduled to conclude on Wednesday. Photo: Graeme Jennings/Press Pool...
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...
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...
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...
China Seeks to Cushion Blow of Economic Pain as Momentum Slows
HONG KONG—Last year, Chinese policy makers shook up the world’s second-largest economy just as its rebound from the pandemic was...
China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter
BEIJING—China’s economy expanded 8.1% last year as a pandemic-plagued world snapped up its goods, though slowing growth in the final...
Credit Suisse Chairman to Leave After Breaking Covid Travel Rules
Credit Suisse Group AG CS 0.38% Chairman António Horta-Osório is leaving the global bank following a board investigation into his...
Economy Week Ahead: China GDP, U.S. Housing
A man passed through Beijing’s central business district late last year. Photo: greg baker/Agence France-Presse/Getty Images By WSJ Staff Jan....
Citigroup Sticks With Its Covid-19 Vaccine Mandate, While GE Drops Its Rules
Citigroup Inc. C -1.25% is sticking with its Covid-19 vaccine mandate for its U.S. workers. General Electric Co. GE 0.68%...
Some Starbucks, Chipotle Sites Cut Hours, Limit Seating Over Omicron
Diners are feeling a sense of déjà vu as restaurants are again selling food for takeout only, closing dining-room seating...
U.S. Retail Sales Fell 1.9% in December
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
Grocery Stores Cut Hours, Services as Omicron Infects Workers
Some U.S. supermarkets are reducing hours and cutting services as Covid-19’s Omicron variant infects cashiers, baggers and stockers, deepening grocery...
U.S. Jobless Claims Rise to 230,000
Filings for jobless claims rose to a seasonally adjusted 230,000 last week, an increase of 23,000, as a tight U.S....
Medicare to Pay for Biogen’s New Alzheimer’s Drug in Clinical-Trial Patients
Medicare officials said they would cover Biogen Inc.’s BIIB 2.64% controversial Alzheimer’s disease drug Aduhelm on the condition that patients...
Planet Fitness to Buy Franchisee Sunshine Fitness for $800 Million
A Planet Fitness staffer in Inglewood, Calif., preparing for reopening last year after being closed for the Covid-19 pandemic. Photo:...
Fed Vice Chairman Richard Clarida to Resign
Federal Reserve Vice Chairman Richard Clarida said he would resign from the central bank on Friday, two weeks before his...
