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...
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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...
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...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
Sanofi, Glaxo Seek Covid-19 Vaccine Approval in Crowded Market
Sanofi SA and GlaxoSmithKline PLC said they would seek authorization for their Covid-19 vaccine, a sign that pharmaceutical companies still...
The Technology That’s Helping Companies Thrive Amid the Supply-Chain Chaos
Bad news abounds about supply chains these days, with shortages of everything from cars to coffee cups. The better news:...
Elon Musk Expects Starship to Deliver Launches at Lower Costs
Elon Musk said his space company’s enormous rocket should soon be able to reach orbits at significantly lower costs.Starship should...
FDA Rejects Short Sellers’ Request to Halt Trials of Alzheimer’s Drug
The Food and Drug Administration has denied a petition by short sellers to halt clinical trials of an experimental Alzheimer’s...
Samsung Unveils New Galaxy S22 Smartphones and Keeps Old Prices
SEOUL—The world’s largest smartphone maker is answering a year of rising inflation and increasing component costs with a tactical move:...
Bed Bath & Beyond Decluttered Its Stores and Ended Up Frustrating Shoppers
Those moves, led by Chief Executive Officer Mark Tritton, ended up making the home-goods chain vulnerable to supply-chain problems that...
Tesla Posts Record Annual Profit
Tesla Inc. TSLA 2.07% cruised to a record annual profit but cautioned that the supply-chain disruptions that dogged auto makers...
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says
WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less than five days of inventory for key chips,...
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...
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...
Airlines Cancel Some Flights Ahead of U.S. 5G Wireless Launch
Two of the biggest U.S. wireless operators agreed to not turn on some 5G signals near airport runways, a temporary...
People Really Want to Ski. Vail Is Racing to Keep Up.
Vail Resorts MTN 2.12% operates a growing empire of dozens of top ski properties around the world. This season it...
Monster Beverage Buys Owner of Craft Breweries Cigar City, Oskar Blues for $330 Million
Monster Beverage Corp. MNST 0.41% has been mulling a move into booze for years. It finally took the plunge Thursday,...
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...
VW Finance Chief Expects Inflation to Ease and Chip Shortage to Drag On
BERLIN— Volkswagen AG VOW -0.22% , one of the world’s largest auto makers, expects inflation to ease later this year...
