Moderna Beats Profit Estimates, Fueled by Covid-19 Vaccine Sales
Moderna Inc. posted better-than-expected profits for the last three months of 2021 as the company’s Covid-19 vaccine continued to power...
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Russian Invasion Scrambles Prospects for Global Economy
Russia’s invasion of Ukraine heaped fresh risks on a global economy struggling with soaring inflation, supply-chain snarls and a rocky...
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...
Lowe’s Profitability Improves Despite Dimming Sales Outlook
Lowe’s Cos. surprised Wall Street with its management of costs and pricing in the latest quarter amid a slowing outlook...
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...
Rio Tinto Needs to Spend Money to Make Money
A world-wide shortage of many major commodities is a headache for most companies these days. But for Australian metals heavyweight...
Home Depot Expects Sales Growth to Slow in 2022
Sales growth will likely slow this year for Home Depot Inc., the home-improvement retailer said Tuesday, an indication that the...
Macy’s Opts Against Separation of E-Commerce Business
Macy’s Inc. has opted against separating its e-commerce business from its bricks-and-mortar stores amid calls from an activist investor to...
Why This Economic Boom Can’t Lift America’s Spirits
Discontent is widespread in spite of rapid job growth, wage gains and strong asset values. At the root of it:...
Volkswagen in Advanced Talks Over Porsche IPO
BERLIN— Volkswagen AG and the heirs of Beetle designer Ferdinand Porsche, the company’s largest shareholder, said on Tuesday they are...
NBC Draws Lowest Olympics Ratings Ever With Beijing Games
The Beijing Winter Olympic Games drew the smallest average U.S. prime-time audience ever recorded for the Olympics since NBCUniversal began...
Frackers Push Into Once-Dead Shale Patches as Oil Nears $100 a Barrel
Spurred by the highest oil prices in years, shale companies are moving drilling rigs back into oil fields that were...
Chicken Industry Officials Prepare for Retrial in Price-Fixing Case
Executives who worked for some of the biggest U.S. chicken producers are set to stand trial for a second time...
Tesla Planned to Open Its First European Gigafactory Last Summer. It’s Still Waiting.
BERLIN—When Rocco Pigola, a 59-year-old refinery worker from Bavaria who has owned six Tesla vehicles, heard about the electric-car maker’s...
Burning Electric-Vehicle Batteries Complicate Efforts to Fight Fire on Drifting Ship in Atlantic Ocean
The large number of electric vehicles on board a ship that is drifting ablaze in the Atlantic Ocean is complicating...
Fiscal Stimulus Is Turning Into a Fiscal Drag, in a Big Headwind for Growth
The federal pandemic support that helped propel the economy to blistering growth last year and put upward pressure on inflation...
Firefighting Boats Head to Burning Ship Carrying Volkswagen, Porsche and Bentley Cars
BERLIN—Firefighting tug boats were headed on Saturday toward the Felicity Ace, a 60,000-ton ship ablaze in the Atlantic Ocean that...
Inside Subway’s Turnaround Plan
Subway, which has the most locations of any restaurant chain in the U.S., is pursuing a new way to try...
California’s Green-Energy Subsidies Spur a Gold Rush in Cow Manure
Clean Energy Fuels Corp. , a major distributor of natural gas made from waste, found a way to boost its...
Wary of Being Left in the Dark, Americans Produce Their Own Power
As the American electric grid becomes less dependable, a growing number of businesses and homeowners are buying their own power...
