Russia to Keep Nord Stream Pipeline Shut, Citing Mechanical Problems
Russia indefinitely suspended natural gas flows to Europe via a key pipeline hours after the Group of Seven agreed to...
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Ford’s U.S. Sales Rose 27% in August on Strong EV Demand
Ford has been posting strong year-over-year gains this summer on climbing electric-vehicle sales and improved deliveries of trucks and SUVs....
Starbucks Names Laxman Narasimhan New CEO
Mr. Narasimhan, 55 years old, has served as chief executive of the maker of Lysol and Enfamil baby formula, U.K.-based...
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...
The U.K., a Maritime Insurance Hub, Commits to Cap Price of Russian Oil
WASHINGTON—The British Treasury chief said the U.K. was committed to a U.S.-led effort to put a cap on the price...
Illumina Wins Case Against FTC on Grail Acquisition
An administrative law judge has ruled in favor of Illumina Inc. ILMN -2.10% in its $7.1 billion acquisition of cancer-testing...
Lysol Maker’s CEO Departs in Surprise Move
Reckitt CEO Laxman Narasimhan, pictured speaking at last year’s COP26 climate talks, led the company for three years. Photo: Emily...
Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
Nvidia Corp. could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on...
T-Mobile Lays Off Workers in Engineering, Network Jobs
The company plans to offer new positions to many of the laid-off workers. Photo: Justin Sullivan/Getty Images T-Mobile TMUS -1.07%...
Covid-19 Booster Shots Targeting Omicron Authorized, Likely to Be Offered Soon
U.S. health regulators cleared use of retooled Covid-19 vaccines that target the latest versions of Omicron, in preparation for a...
Choosing Your Own Hours Isn’t Just for Remote Workers Anymore
It isn’t just remote workers who have gained leverage over when they work.Shift workers such as assemblers and hotel maids...
Warren Buffett’s Berkshire Hathaway Trims Stake in Chinese Auto Maker BYD
HONG KONG— Warren Buffett’s investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. 1211 -8.52% for about...
Peloton Delays 10-K Annual Report to Complete Accounting
Peloton Interactive Inc. PTON -8.50% said it needs to delay filing its annual report with securities regulators, the latest setback...
Fed’s Williams Says Rates Will Stay High for a While
Federal Reserve Bank of New York President John Williams said Tuesday that the U.S. central bank will need to push...
YouTube’s Top Business Executive Leaving Company
YouTube’s top business executive, who helped build the Google unit from an upstart into a video giant, is leaving the...
Cox Rolls Out Cellphone Service With Starting Price of $15
Cox Communications Inc. said it is returning to the wireless business, offering plans in some markets starting as low as...
Tesla Sues to Sell Cars Directly to Consumers in Louisiana
Tesla Inc. TSLA -1.14% has filed suit to challenge a Louisiana law it says restricts its ability to sell electric...
Fed Plans 2023 Launch of Long-Anticipated Faster Payments System
WASHINGTON—The Federal Reserve is set to launch a long-awaited faster payments system next year, a step that officials say will...
As Online Gambling Grows, So Does the Financial Crime Risk
Online gambling is booming across the U.S. and compliance experts caution that it creates opportunities for criminals to launder money...
Economy Week Ahead: Job Market and Home Prices in Focus
The Labor Department will release July employment data this week. Job seekers attend a summertime job fair in Jackson, Miss....
