Alibaba Sells $5 Billion of Bonds
Alibaba Group Holding Ltd. BABA 1.34% sold $5 billion of bonds, showing investors remain eager to back the Chinese e-commerce...
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Johnson & Johnson Asks U.S. Regulators for Emergency Approval of Its Covid-19 Vaccine
Johnson & Johnson JNJ 0.93% asked U.S. regulators on Thursday to authorize the emergency use of its Covid-19 vaccine, setting...
Who Could Receive a Third Stimulus Check? What Biden and the GOP Are Proposing
Republicans have called for a more-targeted approach to a third round of stimulus checks, while Democrats have argued that broad...
CNN President to Exit Cable Channel at End of 2021
Jeff Zucker has run CNN for eight years Photo: Mike Coppola/Getty Images for WarnerMedia Updated Feb. 4, 2021 10:25 am...
Parler CEO Says He Was Fired as Platform Neared Restoring Service
Parler, a moderation-light social-media network that was forced offline last month by tech giants over how it policed its content,...
McKinsey Agrees to $573 Million Settlement Over Opioid Advice
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue...
U.S., Asia Services Activity Picks Up, While Eurozone Faces Recession Risk
Services companies in the U.S. and Asia gained ground in January, while a continued contraction in the eurozone threatened a...
Biden Wants a $15 Minimum Wage. Here’s What People Say It Would Do to the Economy.
President Biden says his proposal to raise the federal minimum wage to $15 an hour will lift many low-wage workers...
Alibaba Plans Up to $5 Billion Bond Sale
Alibaba Group Holding Ltd. BABA -3.85% plans to sell billions of dollars of bonds, in what will be a test...
Chipotle’s Covid-19 Costs Weigh on Its Profit
Shares in the burrito chain fell in after-hours trading. Photo: David Paul Morris/Bloomberg News Updated Feb. 2, 2021 9:59 pm...
Amazon CEO Jeff Bezos to Transition to Executive Chairman
Amazon founder Jeff Bezos plans to hand over the CEO role to Andy Jassy in the third quarter of 2021....
Oil Companies Endure Brutal 2020, Warn of Slow 2021 Recovery
The big international oil companies are reporting one of their worst annual performances in decades and signaling that the pandemic...
Former Boeing CEO Dennis Muilenburg Is Raising $200 Million for SPAC
Dennis Muilenburg, here testifying before a congressional committee as Boeing CEO in 2019, is jumping onto the SPAC bandwagon. Photo:...
Exxon to Create ‘Low Carbon’ Business Unit as It Faces Activists
Exxon Mobil Corp. XOM 0.18% is forming a business unit that will focus exclusively on technologies to lower carbon emissions,...
Republicans Propose $618 Billion Covid-19 Relief Plan
WASHINGTON—Senate Republicans released new details of their roughly $618 billion coronavirus-relief proposal Monday, including a round of $1,000 direct checks...
Quantum Computing Scientists Call for Ethical Guidelines
A group of quantum computing experts, including scientists and company executives, want to raise ethical concerns about the technology’s potential...
WSJ News Exclusive | Exxon, Chevron CEOs Discussed Merger
The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants...
Elon Musk’s SpaceX Riles Its Rivals for Broadband Subsidies
WASHINGTON— Elon Musk’s SpaceX is facing a final test—and some resistance—in its bid to secure almost $1 billion in federal...
Amazon Faces Familiar Opponent in Alabama Union Election
Amazon.com Inc. AMZN -0.97% for years has successfully fended off attempts by its U.S. employees to unionize. Now the tech...
What’s Driving Everything From a Market Frenzy to an Embrace of U.S. Deficits? Magical Thinking.
The Wall Street bulls embracing sky-high stock values and the Washington pols embracing big deficits may be ideological opposites, but...
