Kamala Harris Leads U.S. Push to Bolster Economic Ties in Asia
WorldThe Biden administration is pursuing closer business ties and higher environmental and labor standards at an APEC summit in Bangkok...
regulation
Tencent Slashes Meituan Stake Worth $20 Billion, Posts Revenue Drop
BusinessEarningsChinese social-media giant plans to distribute food-delivery company’s shares as special dividend to Tencent shareholders Source link
Qatar Airways Says Airbus Exerted Influence Over Regulator in Paint Dispute
The airline made the accusation to a London court as part of a case in which it claims that surface-paint...
FTX Files for Bankruptcy; Sam Bankman-Fried Steps Down as CEO
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would...
Elon Musk Raises Specter of Twitter Bankruptcy Amid Executive Turmoil
Twitter suffered additional senior executive departures as owner Elon Musk said bankruptcy is a possibility for the company. Source link
Elon Musk Sells Almost $4 Billion of Tesla Stock After Twitter Takeover
TechThe sale of 19.5 million shares this month in the electric-vehicle maker follows sales in April and August Source link
Penguin Random House Blocked From Acquiring Rival Publisher Simon & Schuster
A federal judge ruled in favor of the Justice Department’s antitrust challenge to the planned $2 billion merger. Source link
JPMorgan, Macy’s and Other Companies Reveal What They Pay Workers as Deadline Looms
New York City employers are starting to comply with a new salary transparency law taking effect this week that will...
Accounting Errors to Cost Executives Their Bonuses Under SEC Rule
WASHINGTON—The Securities and Exchange Commission approved a rule Wednesday that requires public companies whose financial statements contain errors to recoup...
WSJ News Exclusive | Juul Discusses a Possible Bailout With Two of Its Biggest Investors
Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette...
China’s Xi Jinping, Secure in Power, Faces Deepening Economic Challenges
Easing Covid rules and aiding the property sector could boost growth, but some economists worry the priority will be giving...
Facebook Says It Is Prepared to Block News Content in Canada
OTTAWA— Facebook META -1.16% owner Meta Platforms Inc. has warned Canada it is prepared to block the sharing of Canadian...
Drugmakers Look to Limit Medicare’s New Power to Negotiate Lower Drug Prices
Drugmakers are trying to blunt Medicare’s newfound power to negotiate medicine prices while coping with internal industry disputes and ebbing...
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
The Labor Department said it found Exxon Mobil Corp. XOM -1.01% illegally fired two company scientists over suspicions they shared...
Bayer Hits Courtroom Winning Streak as It Battles Remaining Roundup Lawsuits
Bayer AG BAYRY 3.28% is on a winning streak as it battles the remaining cases targeting its Roundup weedkiller, a...
Endowment Tax on Wealthiest Universities Netted a Fraction of Predictions in 2021
Wealthy colleges argued for years that a federal tax on their endowment income would limit their ability to provide financial...
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon Mobil Corp. is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing...
Amylyx Prices Newly Approved ALS Drug at $12,500 a Month
The drug, called Relyvrio, was approved by the Food and Drug Administration late Thursday after some staff had raised questions...
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Yields Higher
LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a high-stakes bet to jolt the U.K.’s...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
