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Wall Street Journal US Business
May 17, 2024

Prosus Taps iFood's Fabricio Bloisi as New Chief
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.

Wall Street Journal US Business
May 16, 2024

Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.

Wall Street Journal US Business
May 16, 2024

Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.

Wall Street Journal US Business
May 16, 2024

U.S. Attorney General Begins Formal Process to Reschedule Marijuana
The proposed rule would move the drug to a Schedule III classification, making it accessible with a medical prescription.

Wall Street Journal US Business
May 16, 2024

In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.

Wall Street Journal US Business
May 16, 2024

Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do "too much of too much" and will focus on selling fewer products on discounts.

Wall Street Journal US Business
May 16, 2024

Chinese Regulator Flags Synopsys Acquisition of Ansys
The chip software maker disclosed in a regulatory filing that China's State Administration for Market Regulation took the position that Synopsys must have the tie-up cleared by regulators before it can go forward.

Wall Street Journal US Business
May 16, 2024

Crescent Energy to Acquire SilverBow in $2.1B Deal
SilverBow Resources has agreed to be acquired by its Houston-based rival Crescent Energy in a deal valued at $2.1 billion.

Wall Street Journal US Business
May 16, 2024

Roche Climbs After Weight-Loss Drug Shows Efficacy
Roche Holding said its weight-loss drug candidate achieved positive results in an early-stage trial, giving the company a boost in its bid to catch up to Novo Nordisk and Eli Lilly in a class of medicines that has shaken up everything from pharma to snack companies.

Wall Street Journal US Business
May 16, 2024

easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.

Wall Street Journal US Business
May 16, 2024

JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.

Wall Street Journal US Business
May 16, 2024

Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.

Wall Street Journal US Business
May 16, 2024

Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.

Wall Street Journal US Business
May 16, 2024

A Legal Scholar Critiqued Elon Musk's Pay. Now He's Out of a Job.
Tesla threatened to fire a law firm over Charles Elson's objections to the CEO's proposed pay package, an email suggests.

Wall Street Journal US Business
May 16, 2024

Employers Come Under Fire Over Harassment of Teen Workers
Regulators have stepped up their pursuit of companies they say didn't do enough to protect teenage employees

Wall Street Journal US Business
May 16, 2024

Chinese Retailer Temu Under Fire From European Consumer Groups
Temu, the discount retailing app owned by Chinese e-commerce giant PDD Holdings, is facing consumer complaints that its business practices violate a new online content law in Europe.

Wall Street Journal US Business
May 16, 2024

Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.

Wall Street Journal US Business
May 16, 2024

Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.

Wall Street Journal US Business
May 16, 2024

Aristocrat to Consider Sale, Spinoff of Game Developers
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.

Wall Street Journal US Business
May 16, 2024

Aegon Backs Guidance, Launches Fresh Buyback
Aegon said it was on track to meet its guidance for a key earnings figure this year after a decline for the first quarter, and launched a new share buyback program of up to €200 million.

Wall Street Journal US Business
May 15, 2024

With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.

Wall Street Journal US Business
May 15, 2024

Walmart's Reign as America's Biggest Retailer Is Under Threat
With Amazon on its heels, the nation's biggest company by revenue is hunting for ways to continue growing.

Wall Street Journal US Business
May 14, 2024

Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says
The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.

Wall Street Journal US Business
May 14, 2024

Red Lobster Preparing to File for Bankruptcy Protection This Month
The casual-dining chain is aiming to restructure agreements with landlords and creditors to reduce its debt.

Wall Street Journal US Business
May 14, 2024

Nvidia's Jensen Huang Gets 60% Pay Bump
Huang's stock awards were valued about $7 million higher than in fiscal 2023, and he received a $4 million cash bonus.

Wall Street Journal US Business
May 14, 2024

Meta to Shut Workplace Tool; Zoom Video's Workvivo Named Preferred Migration Partner
Meta said the company was discontinuing the Workplace product in order to focus on building AI and metaverse technology.

Wall Street Journal US Business
May 14, 2024

Payments-Company Waystar Plans to Restart IPO Pitch
The private equity-backed company is eyeing a June stock-market debut.

Wall Street Journal US Business
May 14, 2024

Comcast to Launch Streaming Bundle of Peacock, Netflix and Apple TV
The new bundle, called StreamSaver, will be exclusively available to customers of Comcast's internet service.

Wall Street Journal US Business
May 14, 2024

Regulators Probe Alphabet's Waymo After 22 Self-Driving Car Incidents
No injuries or fatalities have been reported involving the Google parent's startup.

Wall Street Journal US Business
May 14, 2024

Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group's profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.

Wall Street Journal US Business
May 14, 2024

Anglo American Plots Breakup After Rejecting $43 Billion BHP Bid
The miner outlined a turnaround effort that sharpens its focus on copper after turning down a sweetened takeover offer.

Wall Street Journal US Business
May 14, 2024

Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.

Wall Street Journal US Business
May 14, 2024

What's on TV? For Many Americans, It's Now YouTube
People spent nearly 10% of their TV-viewing time watching the service, home to videos by creators like MrBeast.

Wall Street Journal US Business
May 14, 2024

Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth
The world's largest contract electronics manufacturer backed its upbeat outlook for the year after posting a surge in first-quarter profit.

Wall Street Journal US Business
May 14, 2024

Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.

Wall Street Journal US Business
May 14, 2024

Rheinmetall Misses Forecasts in Slow Quarter
Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other military equipment.

Wall Street Journal US Business
May 14, 2024

Uber to Buy Delivery Hero's Taiwan Business for $950 Million
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.

Wall Street Journal US Business
May 14, 2024

A Famed Car Designer's Doomed Attempt to Challenge Tesla
Henrik Fisker's electric-vehicle startup burned through cash and struggled to make and sell an auto.

Wall Street Journal US Business
May 13, 2024

PE Firm Everstone Capital Mulls IPO For Everlife
Singapore private-equity firm Everstone Capital is exploring an initial public offering of its Asian health services firm as plans to sell that business remain stuck.

Wall Street Journal US Business
May 13, 2024

Uber to Acquire Delivery Hero's Foodpanda Business in Taiwan
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.

Wall Street Journal US Business
May 13, 2024

Why the World Has Gone Cuckoo for Copper
The U.S. and China are competing to acquire the metal, which is essential for EVs and data centers. It is also at the center of a $39 billion takeover battle.

Wall Street Journal US Business
May 13, 2024

Walmart to Lay Off and Relocate Workers
The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs.

Wall Street Journal US Business
May 13, 2024

Bumble Is Removing Anti-Celibacy Ads Following Backlash
The company was accused online of undermining daters' freedom of choice.

Wall Street Journal US Business
May 13, 2024

Sony to Adopt Dual-CEO Structure for Videogame Unit
The company said it would adopt a new leadership structure for its Sony Interactive Entertainment unit overseeing PlayStation, with two separate chief executives.

Wall Street Journal US Business
May 13, 2024

Fisker Gets $3.5 Million in Funding From Short-Term Loan
The cash-strapped maker of electric vehicles secured about $3.5 million in additional financing via notes due next month.

Wall Street Journal US Business
May 13, 2024

Airlines Fight Back Against Fee-Disclosure Rule
The Transportation Department says its rule, requiring added disclosure of baggage and flight-change fees, helps consumers avoid overpaying for surprise charges.

Wall Street Journal US Business
May 13, 2024

Squarespace Intends to Go Private in $6.6 Billion Permira Takeover
The website-development company said its shareholders will receive $44 a share in cash, a 15% premium to Friday's closing price.

Wall Street Journal US Business
May 13, 2024

Kraft Heinz Explores Sale of Oscar Mayer
The famed hot-dog business could fetch between $3 billion and $5 billion.

Wall Street Journal US Business
May 13, 2024

Squarespace to Go Private in $6.6 Billion Permira Takeover
The website-development company said its shareholders will receive $44 a share in cash, a 15% premium to Friday's closing price.

Wall Street Journal US Business
May 13, 2024

Melinda French Gates Is Resigning From the Gates Foundation
She said she is moving into "the next chapter" with her philanthropy and will have an additional $12.5 billion to commit to her work on behalf of women and girls.

Wall Street Journal US Business
May 13, 2024

Anglo Rejects BHP's Fresh $43 Billion Bid
The approach by the Australian mining company shows an eagerness to boost exposure to copper at a time when demand for the metal is expected to rise.

Wall Street Journal US Business
May 13, 2024

SoftBank Commits $5 Billion to AI After Three Years of Losses
The Japanese investment company said its net asset value nearly doubled thanks to the rising share price of its U.K. chip-design unit, Arm.

Wall Street Journal US Business
May 13, 2024

German Companies Bet on AI But Payoff Could Be Years Away
German businesses are increasingly experimenting with artificial intelligence to become more productive, but some caution the gains the technology promises could be years away.

Wall Street Journal US Business
May 13, 2024

Why Is Inflation So Stubborn? Ask Your Local Small Business
Many small operations, squeezed by higher costs, say they plan to keep raising prices.

Wall Street Journal US Business
May 13, 2024

Sanofi to Spend $1 Billion to Boost Drug Production in France
Sanofi said the bulk of the investment will double capacity of monoclonal antibody production, which are key in developing an array of pharmaceuticals, at its Vitry-sur-Seine site.

Wall Street Journal US Business
May 13, 2024

Temu Cools on the U.S. After Shelling Out Billions
The Chinese-owned bargain app is looking to reduce its reliance on American shoppers as growth slows and scrutiny of TikTok grows.

Wall Street Journal US Business
May 12, 2024

As Silicon Valley Pivots to Patriotic Capital, China Ties Linger
Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing.

Wall Street Journal US Business
May 12, 2024

The Secret to Talking to an AI Chatbot
Research reveals how to phrase questions to get the best responses. But that can lead to some unusual requests.

Wall Street Journal US Business
May 12, 2024

How Helpful Are Mental-Health Chatbots?
Advances in AI technology are opening up new possibilities, researchers say, but chatbots are still no substitute for a human therapist.

Wall Street Journal US Business
May 12, 2024

Chicken Wings Are the New Inflation Hedge
Diners are buying more wings at fast-food chains and frozen tenders at grocery stores. Meat giants like Tyson Foods and Pilgrim's Pride, in turn, are bringing in higher profits.

Wall Street Journal US Business
May 12, 2024

How Television Advertising Lost Its Relevance
Brands turn to retailers, Google, Meta and TikTok for additional reach. "There is no longer that single lever you can pull."

Wall Street Journal US Business
May 11, 2024

Apple Retail Employees at Maryland Store Vote to Authorize Strike
The iPhone maker is continuing to negotiate with the union representing about 100 workers at a store near Baltimore.

Wall Street Journal US Business
May 11, 2024

Should We Use AI to Re-Create Our Loved Ones After They Die?
New technology can let us see and hear representations of those we've lost. Will that bring comfort? Or will it distort the grieving process?

Wall Street Journal US Business
May 11, 2024

Tesla Turmoil Means Make-or-Break Moment for EV Charging
Turmoil in Tesla's charging network puts the spotlight on other fast-charging providers.

Wall Street Journal US Business
May 11, 2024

The Man Whose Musings Fuel Elon Musk's Nightmares
A marketing professor in Canada has formed a bromance with the billionaire around what they fear is ailing the world.

Wall Street Journal US Business
May 10, 2024

'You're Fighting AI With AI': Bots Are Breaking the Hiring Process
It's bot versus bot on the hiring front lines, as job hunters turn to new tools to counter the AI that's screening their applications.

Wall Street Journal US Business
May 10, 2024

From Facebook to Meta: Zuckerberg's Big Bet
A new podcast series examines what Meta Platforms' multibillion-dollar bet on the metaverse means for the company, investors and internet users.

Wall Street Journal US Business
May 10, 2024

A Beginner's Guide to Using AI: Your First 10 Hours
You've never used AI before. Here's how to get started.

Wall Street Journal US Business
May 10, 2024

Musk Says Tesla Will Spend $500 Million on Charging Network, Following Layoffs
The announcement comes days after the carmaker laid off much of the team responsible for creating the largest such network in the U.S.

Wall Street Journal US Business
May 10, 2024

Beijing's 'Digest' Plan Signals Shift in China's Housing Crisis
Beijing's newfound focus on a housing glut marks a sea change in how senior officials view China's festering property crisis, setting the stage for rescue efforts that could range from unprecedented easing for home buyers to billions in state spending to buy up unsold projects.

Wall Street Journal US Business
May 10, 2024

China Auto Sales Fell in April Amid EV Price War
China vehicle sales fell, as consumers held back from big-ticket purchases despite an intense electric-vehicle price war in the world's largest auto market.

Wall Street Journal US Business
May 09, 2024

U.K. Chancellor, Jeff Zucker, Scott Galloway Appear at WSJ CEO Council
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.

Wall Street Journal US Business
May 09, 2024

Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights
The cable-network owner's chief executive said the company has the ability to match third-party offers for NBA packages.

Wall Street Journal US Business
May 09, 2024

Will AI Be a Job Killer? Call Us Skeptical.
We understand all the warnings. But just because something is possible in theory doesn't mean it will actually happen.

Wall Street Journal US Business
May 09, 2024

Norfolk Southern Chief Survives Activist's Push to Oust Him
Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.

Wall Street Journal US Business
May 09, 2024

U.K. Chancellor, IKEA CEO, Scott Galloway Appear at WSJ CEO Council
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.

Wall Street Journal US Business
May 09, 2024

WSJ CEO Council Opens With U.K. Chancellor, IKEA Chief
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.

Wall Street Journal US Business
May 09, 2024

Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO
Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.

Wall Street Journal US Business
May 09, 2024

BAE Backs Guidance as Defense Spending Remains High
BAE Systems forecast core earnings to grow 11-13% this year as governments rush to secure military hardware in the face of escalating geopolitical tensions.

Wall Street Journal US Business
May 09, 2024

Nissan Expects Drop in Annual Profit
The carmaker projected a drop in fiscal-year net profit, citing heightened competition and high inflation, after it posted lower quarterly net profit.

Wall Street Journal US Business
May 09, 2024

Nexi Shares Climb on Buyback, Profit Beat
The Italian payments company launched its up to $538 million buyback program after underlying earnings rose 9% in the first quarter.

Wall Street Journal US Business
May 09, 2024

Concord Chorus Says $1.5 Billion Hipgnosis Offer Final
Hipgnosis had agreed to the $1.25 a-share offer from Concord, but withdrew its recommendation after agreeing to a higher deal from Blackstone.

Wall Street Journal US Business
May 09, 2024

Takeda Projects Lower Annual Profit After Quarterly Loss
The Japanese drugmaker reported a fourth-quarter loss and forecast a drop in annual net profit due partly to restructuring expenses.

Wall Street Journal US Business
May 09, 2024

Telefonica Confident as First Quarter Tops Hopes
Telefonica said it was on track to meet its 2024 targets after first-quarter results came in ahead of expectations.

Wall Street Journal US Business
May 08, 2024

Disney and Warner to Offer Bundle of Their Streaming Services
The companies would package ad-free and ad-supported versions of Disney , Hulu and Max.

Wall Street Journal US Business
May 08, 2024

GM Is Shutting Down the Chevy MalibuAfter 60 Years
The automaker said it will deepen its focus on electric vehicles.

Wall Street Journal US Business
May 08, 2024

CBA Reports Lower Profit as Margins Weaken
Commonwealth Bank of Australia posted a fall in third-quarter profit, reporting slightly lower margins as competition remains in the country's retail banking sector.

Wall Street Journal US Business
May 08, 2024

WSJ CEO Council Opens With the U.K.'s Rachel Reeves and IKEA's Chief
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.

Wall Street Journal US Business
May 08, 2024

GM Is Shutting Down the Chevy Malibu
The automaker said it will deepen its focus on electric vehicles.

Wall Street Journal US Business
May 08, 2024

Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.

Wall Street Journal US Business
May 08, 2024

Why You Need to Tell an AI Chatbot It Has to Do Better
If you don't, the result may be increasingly mediocre and biased content, new research suggests

Wall Street Journal US Business
May 08, 2024

Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.

Wall Street Journal US Business
May 08, 2024

My Mom and Dad Owned Competing Side-by-Side Hardware Stores. It Was a Lesson in Life.
They couldn't have been more different as business owners, so it was also an education in entrepreneurship.

Wall Street Journal US Business
May 08, 2024

Shopify Stock on Track for Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.

Wall Street Journal US Business
May 08, 2024

Bain Pursues Takeover of Education-Software Provider
A deal for PowerSchool could come together in the coming weeks, valuing the software provider at around $6 billion, including debt.

Wall Street Journal US Business
May 08, 2024

How AI Has Already Begun to Change These Workers' Jobs
A Boston doctor, a marketing executive and others discover the ways AI is reshaping their workdays

Wall Street Journal US Business
May 08, 2024

Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.

Wall Street Journal US Business
May 08, 2024

IKEA, Cohere, Swarovski and UniCredit Chiefs to Appear at WSJ CEO Council
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.

Wall Street Journal US Business
May 08, 2024

Intel Says U.S. Commerce Department Revokes Licenses for Exports of Certain Items to Chinese Customer
Intel said that the U.S. Department of Commerce revoked certain licenses for exports of certain items to a customer in China.

Wall Street Journal US Business
May 08, 2024

Meta Launches New AI Tools for Advertisers
Meta Platforms is expanding a suite of generative artificial-intelligence tools for use by its advertisers, the company's latest move to integrate AI into its consumer products.

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