WSJ News Exclusive | Carlyle CEO’s Early Contract Proposal Was Met With Silence From Firm’s Board
As Kewsong Lee’s five-year contract was drawing to a close, advisers to Carlyle Group Inc.’s CG -6.23% CEO worked with...
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Nvidia Warns of Sales Shortfall as Gaming Revenue Drops
The Santa Clara, Calif., company expects revenue of $6.7 billion for the quarter ended July 31, some 17% below the...
Pfizer Agrees to $5.4 Billion Deal for Global Blood Therapeutics
Pfizer Inc. has agreed to buy Global Blood Therapeutics Inc. for $5.4 billion, in a deal that would give the...
SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn Hits
TOKYO—Japanese technology investor SoftBank 9984 0.74% Group Corp. on Monday reported a record quarterly loss of more than $23 billion...
Tom Alberg, Early Amazon Investor and Long-Time Amazon Board Member, Dies at 82
Tom Alberg, an early investor in Amazon.com Inc., AMZN -1.24% longtime adviser to Jeff Bezos and leader in Seattle’s technology...
How One Grocery Chain in Pennsylvania Is Preparing for a Downturn
Supermarket chain Karns Foods says it is getting ready for a recession.The family-run company in Mechanicsburg, Pa., is carrying more...
Eli Lilly Speaks Out Against Indiana’s Ban on Most Abortions
Eli Lilly LLY -1.46% & Co. spoke out against Indiana’s new abortion law, saying the restrictions could hurt the pharmaceutical...
At Ford, Quality Is Now Problem 1
Josh Halliburton joined Ford F -0.46% Motor Co. in January to help improve its shaky quality record. Within months it...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase...
Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility
Berkshire Hathaway Inc.’s BRK.B -0.29% earnings slid in the second quarter as market turmoil weighed on the company’s massive stock...
The Inside Story of Carlos Ghosn’s Brazen Escape From Japan
Ever the thorough operative, Michael Taylor began laying the groundwork of his cover story as soon as the private jet...
California DMV Accuses Tesla of False Advertising
The California Department of Motor Vehicles accused Tesla Inc. TSLA -6.63% of falsely advertising its vehicles as autonomous. The state...
WSJ News Exclusive | Pfizer in Advanced Talks to Buy Global Blood Therapeutics for About $5 Billion
Pfizer Inc. PFE -1.18% is in advanced talks to buy Global Blood Therapeutics Inc., GBT 33.03% the maker of a...
U.S. Added 528,000 Jobs in July
The U.S. economy has now recouped the 22 million jobs lost early in the pandemic, adding 528,000 positions in July...
Elon Musk Alleges Twitter Fraud in Countersuit Filed in Delaware
Elon Musk accused Twitter Inc. TWTR 0.15% of fraud, saying the company misrepresented the condition of its business and key...
Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan
Warner Bros. Discovery Inc. WBD 4.61% is exploring launching a free, ad-supported streaming service, its chief executive said, the latest...
Paramount Revenue Gets Lift From ‘Top Gun’ Sequel, Streaming Service
Paramount Global PARA 1.08% said its “Top Gun” sequel and its growing streaming business helped boost revenue in the latest...
Bank of England Makes Biggest Rate Rise Since 1995 as Inflation Soars
LONDON—The Bank of England raised its key interest rate by a half percentage point Thursday, the largest single step in...
Toyota Profit Takes Hit From Supply-Chain Troubles, Higher Costs
Toyota TM -0.32% Motor Corp. on Thursday maintained its full-year outlook for production and operating profit, despite rising raw material...
EV Maker Lucid Cuts Production Outlook in Half
Electric-vehicle maker Lucid Group Inc. LCID 4.21% said it expected to make half as many cars as previously forecast this...
