What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
political
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
The Microchip Era Is Giving Way to the Megachip Age
If microchips were cities, the new, industrywide strategy for making them better could be summed up in one word: sprawl....
Marvel Studios Box-Office Slump Shows Limits of Disney’s Superhero Universe
The movie’s second weekend wasn’t as impressive. Box-office receipts fell 68% to $46.6 million, tying with last year’s “Black Widow”...
Inflation Hits Fresh Four-Decade High, According to Fed’s Preferred Measure
Inflation accelerated in June, measured by the Federal Reserve’s preferred gauge, driven by a jump in energy prices as well...
Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA, even as the world’s...
Teva Agrees to Settle Opioid Lawsuits for as Much as $4.25 Billion
The proposed settlement is the latest move by a company seeking to resolve the costly litigation. Under the terms, the...
Treasury Moves to Ease Limits on Foreign Tax Credits After Companies Object
WASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax credits, responding to corporations that have been warning about...
Federal Regulators Investigating Ford Bronco Over Reports of Catastrophic Engine Failure
The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some Ford Bronco vehicles, yet...
Student Loan Servicers Told to Hold Off on Sending Billing Statements
WASHINGTON—The federal government’s student loan servicing contractors have been instructed to hold off on sending billing statements ahead of an...
WSJ News Exclusive | Redwood Materials Plans $3.5 Billion Battery-Materials Plant in Nevada
The company run by Tesla Inc.’s former chief technology officer plans to spend $3.5 billion on a battery-materials factory in...
WSJ News Exclusive | Elon Musk’s Friendship With Sergey Brin Ruptured by Alleged Affair
Elon Musk engaged in a brief affair last fall with the wife of Sergey Brin, prompting the Google co-founder to...
New Volkswagen Chief Has History Backing Synthetic Fuels
Volkswagen AG’s VOW 0.37% new boss has said he is committed to driving the auto maker’s transformation from gasoline-powered cars...
Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private
Tesla Inc. TSLA 0.20% is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Executive Officer Elon Musk’s...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond Inc. BBBY -12.05% in 2019 with a plan to revive the home-goods...
How to Build AI That Actually Works for Your Business
Artificial intelligence might one day be used to power genuinely humanlike cyborgs or other figments of humanity’s fertile imagination. For...
Vince McMahon Retires as WWE CEO Amid Sexual Harassment Scandal
Vince McMahon, the king of U.S. wrestling, retired as chief executive officer and chairman of World Wrestling Entertainment Inc., WWE...
Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis
ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for...
Russia’s Central Bank Slashes Rates, Sees Smaller Hit From Sanctions
Russia’s central bank Friday lowered its key interest rate below its prewar level, and said it expects the economy to...
