Roche to Buy Bowel-Disease Drug From Roivant, Pfizer for More Than $7 Billion
Updated Oct. 23, 2023 6:55 am ETRoche Holding has agreed to buy the developer of a bowel-disease treatment from Roivant...
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New Zealand Economy Well Placed to Handle Surge in Rates, RBNZ Says
SYDNEY—New Zealand’s financial system is well placed to handle rising interest rates and uncertainty in the international financial system, the...
Fed Official Sees Progress on Inflation, Says More Rate Rises Needed
The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to...
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
WSJ News Exclusive | Fast-Fashion Juggernaut Shein’s Sales Close In on Zara, H&M
Online retailer Shein is on track to generate revenue of $24 billion this year, according to people close to the...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
Coal Miner Peabody Energy in Deal Talks With Australian Rival Coronado
ADELAIDE, Australia— Peabody Energy Corp. BTU -2.62% is in talks to combine with an Australian rival that could result in...
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
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...
U.S. August Inflation Rate Is Expected Tuesday Amid Lower Gasoline Prices
The U.S. inflation report for August will offer details of the price changes consumers faced at the end of the...
New Dallas Fed Chief Puts Inflation Fight on Front Burner
Lorie Logan in her first comments as leader of the Federal Reserve Bank of Dallas on Wednesday said she agreed...
3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
A bankruptcy judge declined on Friday to shield 3M Co. from continued litigation involving its military earplugs, a setback for...
NFTs Are Increasingly Targeted by Criminals, Report Says
Nonfungible tokens, or NFTs, are increasingly sought by criminals looking to either steal them or use them to launder illicit...
Federal Trade Commission Drops Mark Zuckerberg From Antitrust Lawsuit
Meta Platforms had asked the Federal Trade Commission to remove Mark Zuckerberg from a lawsuit filed to block it from...
Intel, Brookfield Sign $30 Billion Deal to Finance Chip Factories
Intel Corp. INTC 0.33% has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. BAM 0.14% to...
MGM China Pumps $594 Million Into Macau Casino Unit Ahead of License Bid
HONG KONG—The Chinese unit of U.S. gambling company MGM Resorts International MGM -2.50% said it would pump almost $600 million...
Bed Bath & Beyond Shares Surge Despite Liquidity Concerns
Bed Bath & Beyond Inc. shares soared as much as 70% on Tuesday before retreating to close up 29%, defying...
Elon Musk Has Twitter’s Data, but Getting Answers on Spam Accounts May Be Tougher
Elon Musk has gained access to the Twitter data that he said was needed to complete his $44 billion acquisition,...
