Auction House Phillips Names Former Christie’s Executive as New CEO
A former Christie’s executive known for arranging complex art deals and navigating the auction house through a recession has been...
planning
GE Posts Lower Sales, Loss on Restructuring Moves
General Electric Co. GE -1.84% reported lower revenue and a loss in its first quarter as the company’s jet-engine business...
Hertz Proposes Shareholder Payout as Part of Bankruptcy-Exit Plan
Hertz Global Holdings Inc. agreed to provide some value to equity holders when it leaves chapter 11, vindicating the individual...
U.S. Vaccine Panel Delays Vote on J&J Covid-19 Shot’s Blood-Clotting Risk
The federal government’s recommendation to pause using Johnson & Johnson’s Covid-19 vaccine will remain in place after an advisory panel...
Mexico’s Televisa to Merge Content Business With Univision
MEXICO CITY—Mexican broadcast and media giant Grupo Televisa SA B agreed to combine its television content business with Univision Communications...
Senate Democrats Pitch Their International Corporate Tax Plan
WASHINGTON—Senate Democrats offered proposals Monday to increase the tax burden on U.S. companies’ foreign profits and move the system in...
TSMC to Invest $100 Billion to Increase Semiconductor Output
TAIPEI— Taiwan Semiconductor Manufacturing Co. , a major chip supplier to Apple Inc., said it would invest $100 billion over...
Biden Unveils $2.3 Trillion Infrastructure Plan
WASHINGTON—President Biden unveiled a $2.3 trillion infrastructure plan centered on fixing roads and bridges, expanding broadband internet access and boosting...
Intel CEO Presses Turnaround Effort With $20 Billion Investment Plan
Intel Corp.’s chief executive is fast-tracking efforts to revive the semiconductor giant with a broad plan that mixes increased outsourcing...
AstraZeneca Covid-19 Vaccine’s Benefits Outweigh Risks, Says EU
The European Union’s health authority said it is still firmly convinced that the benefits of AstraZeneca PLC’s Covid-19 vaccine outweigh...
Microsoft, Wells Fargo Satisfied Trump Labor Department on Hiring More Black Employees
WASHINGTON—The Labor Department under the Trump administration closed inquiries into Microsoft Corp. MSFT 2.15% and Wells Fargo WFC 0.73% &...
CNN President to Exit Cable Channel at End of 2021
Jeff Zucker has run CNN for eight years Photo: Mike Coppola/Getty Images for WarnerMedia Updated Feb. 4, 2021 10:25 am...
Former Boeing CEO Dennis Muilenburg Is Raising $200 Million for SPAC
Dennis Muilenburg, here testifying before a congressional committee as Boeing CEO in 2019, is jumping onto the SPAC bandwagon. Photo:...
