AMC Settles ‘Walking Dead’ Lawsuit for $200 Million
The complaint against AMC Networks regarding profits from the hit show ‘The Walking Dead’ was filed in 2013. Photo: Gene...
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Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
U.S. Warns Businesses Over Rising Risks in Hong Kong Under China Crackdown
WASHINGTON—The Biden administration is warning American businesses about the increasing risks of operating in Hong Kong as China’s tightening grip...
U.S. Retail Sales Rose in June
U.S. shoppers boosted retail spending in June as the economy more broadly reopened and auto dealers navigated supply disruptions. Retail...
Didi Faces a Cybersecurity Probe From Officials in China
Didi headquarters in Beijing earlier this year. Photo: Yan Cong/Bloomberg News Updated July 16, 2021 3:02 am ET SINGAPORE—China sent...
Cleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug
Three large hospitals are declining to administer Biogen Inc.’s BIIB -6.79% new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge...
Fed’s Powell Concedes Anxiety About Higher Inflation but Resists Policy Shift
Federal Reserve Chairman Jerome Powell said recent inflation was uncomfortably above the levels the central bank seeks, concluding two days...
GM Tells Chevy Bolt Owners to Park It Outside After Two Car Fires
A 2019 Chevrolet Bolt electric vehicle at the North American International Auto Show in Detroit in 2019. Photo: rebecca cook/Reuters...
Powell Says Fed Still Expects Inflation to Ease
Federal Reserve Chairman Jerome Powell said the central bank wouldn’t hesitate to raise interest rates to keep inflation under control...
EU, China Unveil Sweeping Plans to Cut Greenhouse-Gas Emissions
The European Union and China announced sweeping plans to limit greenhouse-gas emissions that will increase costs for industry and consumers...
Delta Reports First Profit Since Covid-19 Pandemic Began
Delta Air Lines Inc. said U.S. vacation travel has fully recovered as the airline reported its first quarterly profit since...
ZoomInfo Technologies Using New Financing to Help Pay for AI Startup
Business-intelligence platform ZoomInfo Technologies Inc. raised about $500 million in debt on Tuesday and plans to use some of the...
Norwegian Cruise Line Sues Florida Surgeon General Over ‘Vaccine-Passport’ Ban
The cruise operator is sticking with its policy to require full vaccinations for all crew and passengers, including children, for...
Elon Musk Returns to Court to Defend Tesla’s SolarCity Purchase
WILMINGTON, Del.— Tesla Inc. TSLA -2.50% Chief Executive Elon Musk wrapped up two days of grilling over the car maker’s...
Inflation Accelerates Again in June as Economic Recovery Continues
U.S. consumer prices continued to climb swiftly in June, as the economic recovery gained steam and demand outpaced the supply...
China’s Export Engine Accelerates, Defying Expectations
China’s imports and exports posted stronger-than-expected growth in June as global demand for Chinese goods remained solid and sporadic Covid-19...
Elon Musk Defends SolarCity Deal, Says of Being Tesla Boss: ‘I Rather Hate It’
WILMINGTON, Del.— Tesla Inc. Chief Executive Elon Musk was in court Monday to defend the company’s purchase of SolarCity Corp.,...
Governments World-Wide Gorge on Record Debt, Testing New Limits
The pandemic has pushed global government debt to the highest level since World War II, surpassing the world’s annual economic...
EU to Put on Hold Digital Levy Following G-20 Minimum Tax Plans
BRUSSELS—The European Union is putting on hold a proposed digital levy, an EU spokesman said Monday, after finance chiefs from...
Tech Firms to Buy Covid-19 Vaccines on Behalf of Taiwan’s Government
TAIPEI—Taiwan is struggling with the pandemic, short on vaccines and locked in a geopolitical fight with China over access to...
