Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
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Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. said it has set a goal to reduce or offset greenhouse-gas emissions from its operations to zero...
China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter
BEIJING—China’s economy expanded 8.1% last year as a pandemic-plagued world snapped up its goods, though slowing growth in the final...
Intel Erases Reference to China’s Xinjiang After Social-Media Backlash
SINGAPORE—Intel Corp. removed references to the Chinese region of Xinjiang from an open letter it sent suppliers last month, after...
AT&T Shed Media Assets in 2021. This Year It Wants to Add Investors.
AT&T Inc. T 0.83% faces a busy year as it tries to complete a divorce with its entertainment business, ease...
Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion
In the digital age, some of the most sought-after devices are analog semiconductors—including ones made by 91-year-old Texas Instruments Inc.,...
Moderna Says Covid-19 Booster Dose Works Against Omicron Variant in Lab Tests
Moderna Inc. said a third dose of its Covid-19 vaccine increased immune responses against the Omicron coronavirus variant compared with...
Container Imports Tumble at Los Angeles, Long Beach Ports
Container imports at the largest U.S. gateway for seaborne goods trade fell sharply in November, even as backups of ships...
Powell Warns Elevated Inflation Justifies Faster Reduction of Bond Purchases
Federal Reserve Chairman Jerome Powell said the central bank would consider accelerating the reduction of its asset purchases at its...
Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders
President Biden’s summit with counterparts from Canada and Mexico at the White House brings him face-to-face with visitors who have...
Pfizer Says Covid-19 Pill Is 89% Effective in Preliminary Assessment
Pfizer Inc. said a preliminary look at study results found that its experimental pill was highly effective at preventing people...
Former Ghosn Aide’s Trial Ends With Declaration of Innocence
TOKYO—Former Nissan Motor Co. executive Greg Kelly took the stand and declared his innocence Wednesday for the last time before...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
China’s Third-Quarter Economic Growth Slows Sharply to 4.9%
BEIJING—China’s economy grew 4.9% in the third quarter from a year earlier, slowing sharply from the previous quarter’s 7.9% growth...
California Scrambles to Find Electricity to Offset Plant Closures
California is racing to secure large amounts of power in the next few years to make up for the impending...
TSMC to Build Chip Factory in Japan as It Faces Surging Demand
The Japan factory is the most recent expansion plan for TSMC, the world’s largest contract chip maker, as it faces...
Range of Fed Officials Say Time for Bond-Buying Taper Is Near
Several Federal Reserve officials said Friday the time is likely to arrive soon when the U.S. central bank will be...
Apple Set to Let App Developers Alert Users to Alternate Payment Methods
Apple Inc. on Thursday announced changes to its App Store regulations that will allow software developers to tell customers how...
World’s Largest Chip Maker to Raise Prices, Threatening Costlier Electronics
The world’s largest contract chip maker is raising prices by as much as 20%, according to people familiar with the...
Microsoft Hires Former Top Amazon Cloud Executive, Adding to Rivalry
Microsoft Corp. hired a top Amazon.com Inc. cloud veteran and ally of Chief Executive Andy Jassy, according to a company...
