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 NEWS: WALL STREET JOURNAL US BUSINESS
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   NEWS: WALL STREET JOURNAL US BUSINESS
Wall Street Journal US Business
Jan 26, 2021

Walgreens Poaches Starbucks Executive Rosalind Brewer for CEO
The Starbucks operating chief will be the only Black woman leading a Fortune 500 company.

Wall Street Journal US Business
Jan 26, 2021

Zappos Founder Tony Hsieh Was Found With Flammables, Drugs and Alcohol
Police find no criminality in the November fire that killed the entrepreneur, and fire officials said there were many possible causes.

Wall Street Journal US Business
Jan 26, 2021

Walgreens to Name Starbucks Executive Roz Brewer as CEO
The Starbucks operating chief would be the only Black female leading a Fortune 500 company today.

Wall Street Journal US Business
Jan 26, 2021

Microsoft Cloud, Videogaming Help Fuel Record Sales
The software giant's profit and sales jumped, propelled by pandemic-fueled demand for videogaming and accelerated adoption of its cloud-computing services.

Wall Street Journal US Business
Jan 26, 2021

Microsoft Sales Surge to Record, With Help From Cloud and Videogames
The software giant's profit and sales jumped, propelled by pandemic-fueled demand for videogaming and accelerated adoption of its cloud-computing services.

Wall Street Journal US Business
Jan 26, 2021

Starbucks Notches Improved Sales, Says COO Will Exit
Roz Brewer was focused on diversifying the coffee giant's staff.

Wall Street Journal US Business
Jan 26, 2021

Sheldon Adelson's Casino Empire Installs New Leadership
Rob Goldstein, a deputy to the gambling magnate, was appointed chief executive. Patrick Dumont, Mr. Adelson's son-in-law, was named president.

Wall Street Journal US Business
Jan 26, 2021

Small-Business Owners Promised More PPP Loan Application Help
Some borrowers' first-time PPP applications had been flagged for review, causing delays in second loans.

Wall Street Journal US Business
Jan 26, 2021

Microsoft Puts Up Strong Numbers
The software giant posted record quarterly sales, underpinned by pandemic-fueled demand for videogaming and accelerated adoption of its cloud-computing services.

Wall Street Journal US Business
Jan 26, 2021

Volkswagen Asks Supreme Court to Block Local Emissions Regulations
The German auto giant is trying to overturn a lower-court ruling that could open the car industry to oversight from municipalities.

Wall Street Journal US Business
Jan 26, 2021

LVMH Gets Boost From Vuitton, Dior
Surging revenue at the big fashion brands bolstered the luxury-goods company's results, offsetting other businesses such as Champagne.

Wall Street Journal US Business
Jan 26, 2021

Verizon Internet Outage Disrupts Usage in Northeast
A midday network slowdown marred service around New York, Philadelphia and Washington, D.C.

Wall Street Journal US Business
Jan 26, 2021

Small Business Owners Promised More PPP Loan Application Help
Some borrowers' first-time PPP applications had been flagged for review, causing delays in second loans.

Wall Street Journal US Business
Jan 26, 2021

J&J Expects Covid-19 Vaccine Results by Early Next Week
The drugmaker aims to provide about 100 million doses domestically by the end of June if study results are positive and the U.S. authorizes its shot.

Wall Street Journal US Business
Jan 26, 2021

U.S. Consumer Confidence Ticks Up in January
Consumers' expectations for the economy and jobs brighten, though their assessment of current conditions weaken due to pandemic.

Wall Street Journal US Business
Jan 26, 2021

How to Use Your 2020 Tax Return to Claim Stimulus Payments
People who didn't get the full relief payments can get the remainder on their 2020 tax returns—if they qualify.

Wall Street Journal US Business
Jan 26, 2021

Warner Music, Prince Al-Waleed Near Deal Over Saudi Tycoon's Music Company
The deal would value Prince al-Waleed bin Talal's Rotana Music at close to $200 million, according to people familiar with the matter, and would pair one of the West's biggest music forces with one of the Mideast's, at a time when recorded music sales are booming.

Wall Street Journal US Business
Jan 26, 2021

Washington Post's Marty Baron to Retire as Executive Editor
The newspaper chief plans to step down at the end of February after an eight-year tenure.

Wall Street Journal US Business
Jan 26, 2021

New Playbook for Covid-19 Protection Emerges After Year of Study, Missteps
Mask-wearing, good air flow and frequent rapid tests are more important than surface cleaning, temperature checks and plexiglass. Scientists say America needs to double down on protection protocols as potentially more-contagious coronavirus variants take hold and vaccines are slow to roll out.

Wall Street Journal US Business
Jan 26, 2021

Google's Future Is Artificial Intelligence. It's Now a Management Challenge
Google's parent, Alphabet, has waded through one controversy after another involving its top researchers and executives in the field over the past 18 months.

Wall Street Journal US Business
Jan 26, 2021

New Covid-19 Rules Make International Travel Tougher
New virus variants have prompted in some cases government bans on international flights and the U.S. requirement that passengers test negative before being allowed to fly.

Wall Street Journal US Business
Jan 26, 2021

Biden to SuspendNew Federal Oil and Gas Leasing
President Biden is planning on Wednesday to halt new oil and gas leasing on federal territory, setting up a confrontation with the oil industry.

Wall Street Journal US Business
Jan 26, 2021

200 Lemons, 30 Bananas: Online Shoppers Accidentally Buy Too Much
Novices who overbuy get creative with their cooking; ‘I salted them, I sugared them, I stewed them and I juiced them'

Wall Street Journal US Business
Jan 26, 2021

Verizon Slow to Cash In on iPhone 12
Carrier's profit slipped in the fourth quarter as higher costs burdened its bottom line, though the company issued a more upbeat view of its prospects in 2021.

Wall Street Journal US Business
Jan 26, 2021

Music Industry Offers Up Venues for Covid Vaccinations
Music industry rivals are banding together to offer up thousands of venues, workers and resources to federal and state governments to aid in distributing vaccines across the country.

Wall Street Journal US Business
Jan 26, 2021

BlackRock's Fink Urges Companies to Do More on Greenhouse-Gas Emissions
CEO of world's largest money manager is asking companies to disclose more information on how they were moving to reduce greenhouse-gas emissions, stepping up the company's environmental efforts.

Wall Street Journal US Business
Jan 26, 2021

Clydesdales Charge Into a Super Bowl Ad After All---for Sam Adams
Boston Beer and GlaxoSmithKline are among the companies enlisting ambush-marketing techniques to generate big-game buzz without national-television commercials.

Wall Street Journal US Business
Jan 26, 2021

Home-Price Growth Accelerated in November
The S&P CoreLogic Case-Shiller National Home Price Index rose 9.5% in the year that ended in November, which marked the highest annual rate of price growth since February 2014.

Wall Street Journal US Business
Jan 26, 2021

Microsoft Poised for Strong Earnings Boosted by Cloud, Videogaming
The software giant is poised to post record quarterly sales, underpinned by pandemic-fueled demand for videogaming and accelerated adoption of its cloud-computing services.

Wall Street Journal US Business
Jan 26, 2021

Johnson & Johnson's Profit Is Boosted by Pharmaceuticals Business
The coronavirus pandemic continued to drag down sales of medical devices as people postponed elective procedures, but modest growth in consumer-health products also contributed to the sales boost in the latest quarter.

Wall Street Journal US Business
Jan 26, 2021

Twitter is Buying Newsletter Provider Revue
The move reflects interest among social-media companies in providing content creators with tools to make money.

Wall Street Journal US Business
Jan 26, 2021

3M Expects Sales Growth as Customers Return to Offices, Schools
The St. Paul, Minn.-based manufacturer said it has delivered 2 billion N95 masks around the world and is making more than 95 million a month in the U.S.

Wall Street Journal US Business
Jan 26, 2021

IMF Raises Global Economic Growth Forecast
The outlook has been buoyed by hopes for increasing vaccination and improved therapies to combat Covid-19.

Wall Street Journal US Business
Jan 26, 2021

Verizon Predicts Wireless Growth Despite Pandemic
Carrier's profit and sales slipped in the fourth quarter as higher costs burdened its bottom line, though the company issued a more upbeat view of its prospects in 2021.

Wall Street Journal US Business
Jan 26, 2021

GE Reports Surge in Year-End Cash Flow
The surge of cash came from orders in its power and renewables divisions, along with improved financial efficiency.

Wall Street Journal US Business
Jan 26, 2021

Shift to Electric Vehicles Spurs Bid to Make More Batteries in U.S.
The auto industry's quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries.

Wall Street Journal US Business
Jan 26, 2021

U.S. Challenges China for Electric-Vehicle Batteries Crown
The auto industry's quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries.

Wall Street Journal US Business
Jan 26, 2021

NRG Energy CFO Focusing on Cutting Costs, Pricing After Direct Energy Deal
NRG Energy Inc. Chief Financial Officer Kirkland Andrews is focusing his attention on reviewing the energy company's costs and pricing strategy after it wrapped up a $3.6 billion deal to acquire Direct Energy earlier this month.

Wall Street Journal US Business
Jan 26, 2021

Rent Collection Is Down, and Apartment Owners Feel the Squeeze
Multifamily was initially a bright spot during Covid-19, but banks now see more apartment debt as high risk.

Wall Street Journal US Business
Jan 26, 2021

Saved Stimulus Checks Expected to Help Spur Recovery
Many households have boosted their savings during the pandemic, and pent-up demand for services like travel and dining are expected to propel economic growth once vaccines become widespread.

Wall Street Journal US Business
Jan 26, 2021

Parents of Remote Learners Have Smaller Roles in U.S. Workforce
About 24% of parents whose children are attending school virtually aren't working at all compared with 15% of parents whose children are attending school in person every day, according to a new survey.

Wall Street Journal US Business
Jan 26, 2021

Amazon Set to Hire 3,000 Corporate Employees in Boston
Amazon.com is planning to add 3,000 employees in its corporate ranks in the Boston area, one of a number of expansions of technology jobs in major American cities for the company.

Wall Street Journal US Business
Jan 25, 2021

Bankruptcy Judge Approves $17 Million Fund for Harvey Weinstein Victims
Women who have accused Harvey Weinstein of sexual misconduct are expected to receive hundreds of thousands of dollars or more on average under the chapter 11 settlement.

Wall Street Journal US Business
Jan 25, 2021

Kimmeridge Energy to Launch Proxy Fight at Ovintiv
The investment firm plans to launch a proxy fight at the oil-and-gas producer, and will nominate three directors—including Kimmeridge founder Ben Dell—to the company.

Wall Street Journal US Business
Jan 25, 2021

Vimeo Raises $300 Million in Equity, Valuing Company at $5 Billion
The round was led by funds and accounts advised by T. Rowe Price Associates Inc. and financial-services firm Oberndorf Enterprises LLC. The new capital will be used to fuel its growth, innovation and talent, Vimeo parent IAC/InterActiveCorp said Monday.

Wall Street Journal US Business
Jan 25, 2021

Software Bots Multiply to Cope With 'Stretched' Resources
Companies plan to leverage software robots in the months ahead, as many grapple with strained resources and uncertain markets.

Wall Street Journal US Business
Jan 25, 2021

GameStop Stock Surges to Record
Shares of the once-moribund mall retailer reached new highs in what has become a gladiator match between Reddit-driven day traders and Wall Street shorts.

Wall Street Journal US Business
Jan 25, 2021

Biden Signs Buy American Order
The executive order will make it harder for federal agencies to purchase imported products and revise the definition of American-made goods.

Wall Street Journal US Business
Jan 25, 2021

Moderna Developing Booster Shot Against South Africa Strain
Moderna said lab tests indicate its Covid-19 vaccine protects against emerging strains, but a weaker immune response has prompted it to work on a booster shot for a variant first identified in South Africa.

Wall Street Journal US Business
Jan 25, 2021

Business Insider Did Nothing When the Pandemic Hit. It Worked.
The business-news publisher generated 30% revenue growth in 2020 despite the Covid-19 crisis, largely thanks to subscriptions and automated ads.

Wall Street Journal US Business
Jan 25, 2021

Davos This Year: Silent Streets, Good Skiing
Locals in the Swiss mountain hamlet savor the absence this January of thronging CEOs, shouting protesters and hovering helicopters. ‘The sense of calm is great.'

Wall Street Journal US Business
Jan 25, 2021

UPS to Sell Freight Trucking Business for $800 Million
United Parcel Service has agreed to sell its freight business to rival TFI International, saying it plans to focus on the soaring small-package-delivery business.

Wall Street Journal US Business
Jan 25, 2021

Labor Nominee Walsh Holds Modest Assets, Disclosures Show
President Biden's pick for Labor Department secretary, Marty Walsh, primarily earned income from his Boston mayor's salary and held modest assets and two mortgage loans, according to government disclosures

Wall Street Journal US Business
Jan 25, 2021

British Economy, Post Brexit and Pummeled by Covid, Is Worst in G-7
Charts show the U.K. economy came into the coronavirus pandemic weaker than its peers after years of uncertainty over Brexit. Then, it was hurt more by shutdowns because of its dependence on recreational spending for growth.

Wall Street Journal US Business
Jan 25, 2021

British Economy, Post-Brexit and Pummeled by Covid, Is Worst in G-7
Charts show the U.K. economy came into the coronavirus pandemic weaker than its peers after years of uncertainty over Brexit. Then, it was hurt more by shutdowns because of its dependence on recreational spending for growth.

Wall Street Journal US Business
Jan 25, 2021

Google Progresses Plan to Remove Third-Party Cookies
The Alphabet unit is pushing forward with its plan to remove a widely used tracking technology from its Chrome web browser, despite complaints from rivals that rely on it to target ads at individuals.

Wall Street Journal US Business
Jan 25, 2021

Google Pursues Plan to Remove Third-Party Cookies
The Alphabet unit is pushing forward with its plan to remove a widely used tracking technology from its Chrome web browser, despite complaints from rivals that rely on it to target ads at individuals.

Wall Street Journal US Business
Jan 25, 2021

NBCUniversal's Peacock to Become WWE's Exclusive Streaming Home
World Wrestling Entertainment content will move to Peacock starting March 18 in a deal worth more than $1 billion.

Wall Street Journal US Business
Jan 25, 2021

Boy Scouts' Insurers Challenge Sex-Abuse 'Claim-Mining'
The Boy Scouts of America's liability insurers threw doubt on the huge increase in sex-abuse claims filed against the youth organization after it filed for bankruptcy, claiming that plaintiffs' attorneys and for-profit claims generators helped gin up tens of thousands of claims with little or no vetting.

Wall Street Journal US Business
Jan 25, 2021

Moderna Developing Booster Shot Against Strain First Identified in South Africa
Moderna said its Covid-19 vaccine appeared to protect against emerging strains in lab tests, but due to a weaker immune response, the company will develop a booster shot targeting the variant first identified in South Africa.

Wall Street Journal US Business
Jan 25, 2021

CEOs Confront Employees' Doubts on Covid-19 Vaccine
From video campaigns to vaccine clinics with games and cake, companies deploy tactics to coax skeptical employees to get shots.

Wall Street Journal US Business
Jan 25, 2021

Cuomo Proposes Airbnb Collect Sales Tax on New York Stays
The proposal could generate an additional $10 million for the state in the fiscal year that starts April 1, and $18 million in subsequent years, the governor's aides say.

Wall Street Journal US Business
Jan 25, 2021

Budweiser Skips Super Bowl Ad, Promises Vaccine Education Instead
Anheuser-Busch said it won't devote a Super Bowl commercial to its flagship Budweiser beer brand this year for the first time since 1983.

Wall Street Journal US Business
Jan 25, 2021

Biden Faces a China With More Clout at the WTO
Beijing has become more active in cases and cast itself as a defender of the group's top court.

Wall Street Journal US Business
Jan 25, 2021

Microsoft Puts on Its Game Face
The software giant's results will reflect a big gaming quarter, though console production constraints and low margins complicate the story.

Wall Street Journal US Business
Jan 25, 2021

Merck Scraps Covid Vaccine Candidates
Merck is halting development of its two experimental Covid-19 vaccines, after early clinical-trial data showed the shots generated disappointing immune responses against the virus.

Wall Street Journal US Business
Jan 25, 2021

Merck Scraps Covid-19 Vaccine Candidates
Merck is halting development of its two experimental Covid-19 vaccines, after early clinical-trial data showed the shots generated disappointing immune responses against the virus.

Wall Street Journal US Business
Jan 25, 2021

AMC Nets $917 Million in Financing to Ward Off Bankruptcy
The world's largest movie theater chain is buying time with debt and equity deals as it continues to burn cash during the Covid-19 pandemic.

Wall Street Journal US Business
Jan 25, 2021

Cannabis Companies Are Ready to Roll
Since Democrats won control of the Senate earlier this month, many in the cannabis industry are betting on a more rapid path to full federal legalization and a pickup in deal making as companies rush to scale up.

Wall Street Journal US Business
Jan 25, 2021

Caterpillar's Chinese Rivals Power Through the Pandemic
Sany Heavy and Zoomlion have gained market share in China while their foreign competitors have been hobbled by Covid-19.

Wall Street Journal US Business
Jan 25, 2021

Derby's Take: Economists Don't Expect Much From This Week's Fed Meeting
Wall Street economists are heading into this week's Federal Reserve monetary policy meeting with low expectations.

Wall Street Journal US Business
Jan 25, 2021

Will Brexit Lead to Higher Funding Costs? Companies Aren't Sure
Chief financial officers will have to wait and see if the U.K.'s exit from the European Union will lead to higher funding costs, as many businesses loaded up on liquidity before the Dec. 31 deadline for a trade agreement.

Wall Street Journal US Business
Jan 25, 2021

Yellen Passed the Economic Stability Baton to Powell. Now, He's Handing It Back.
Janet Yellen, who is tapped to be Treasury secretary, and Fed Chairman Jerome Powell are friends and former colleagues. Their shared experience and economic views set the stage for the closest working relationship between their institutions since the 2008 financial crisis.

Wall Street Journal US Business
Jan 25, 2021

Biden to Sign Buy American Order
The executive order will make it harder for federal agencies to purchase imported products and revise the definition of American-made goods.

Wall Street Journal US Business
Jan 25, 2021

Smart-Lock Maker Latch to Use Tishman Speyer SPAC to Go Public
Latch Inc., a maker of smart locks and building-management software, plans to go public using a so-called blank-check vehicle, joining the parade of startups looking to cash in on investor interest in tech-enabled businesses.

Wall Street Journal US Business
Jan 25, 2021

China's Love of TikTok-Style Apps Powers $5 Billion IPO
Kuaishou Technology has its eyes on the world's biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale.

Wall Street Journal US Business
Jan 25, 2021

Yellen Confirmed as First Female Treasury Secretary
The 74-year-old economist, who has been at the forefront of economic policy-making for 25 years, will now play a key role advancing President Biden's economic agenda.

Wall Street Journal US Business
Jan 25, 2021

Yellen Confirmed as First Woman Treasury Secretary
The 74-year-old economist, who has been at the forefront of economic policy-making for 25 years, will now play a key role advancing President Biden's economic agenda.

Wall Street Journal US Business
Jan 25, 2021

Yellen Confirmed by Senate to Serve as First Woman Treasury Secretary
The 74-year-old economist, who has been at the forefront of economic policy-making for 25 years, will now play a key role advancing President Biden's economic agenda.

Wall Street Journal US Business
Jan 24, 2021

Big Tech Tops Lobbying Spending
Facebook and Amazon boosted their federal lobbying expenditures last year as Big Tech braced for a new administration in the White House and new scrutiny of their business practices.

Wall Street Journal US Business
Jan 24, 2021

NCR Is Nearing a Deal to Buy ATM Operator Cardtronics
NCR is finalizing a takeover that would value Cardtronics at $39 a share, or around $1.7 billion, outbidding a pair of investment firms that had earlier agreed to buy the ATM operator.

Wall Street Journal US Business
Jan 24, 2021

China Overtakes U.S. as Leading Foreign-Investment Destination
New investments by overseas businesses into the U.S., which for decades held the No. 1 spot, fell 49% in 2020, according to U.N. figures.

Wall Street Journal US Business
Jan 24, 2021

Economy Week Ahead: Industry, GDP, Consumer Spending
Data out this week will show how the economy was performing as 2020 came to a close.

Wall Street Journal US Business
Jan 24, 2021

How to Know When to Quit Your Job
Many baby boomers struggle with the decision to step down. When they leave, the transition is often "painful and messy," says one career coach.

Wall Street Journal US Business
Jan 24, 2021

Dropping WhatsApp? Nostalgia Drives Users to ICQ
Before social media was about algorithms and viral misinformation, kids in Hong Kong loved a clunky instant-messaging service used on dial-up PCs. Now they're grown up, and back.

Wall Street Journal US Business
Jan 24, 2021

The Best Noise-Canceling Headphones
Even the best noise-canceling headphones can't offer total silence. But they can reduce the impact of whatever pandemonium is happening around you. A number of new offerings recently hit the market.

Wall Street Journal US Business
Jan 24, 2021

Covid-19's Financial Toll Mounts as Homeowners Delay Payments
Some 2.7 million homeowners are still pausing their monthly mortgage bills, and more might need help in the coming months.

Wall Street Journal US Business
Jan 24, 2021

Covid-19's Financial Toll Mounts on Homeowners
Some 2.7 million homeowners are still pausing their monthly mortgage bills, and more might need help in the coming months.

Wall Street Journal US Business
Jan 24, 2021

Biden's 'Buy American' Plan Eyed Warily
The president is expected to detail his initiative Monday. It will be closely watched by other countries hopeful for a better trade relationship than the one with the previous administration.

Wall Street Journal US Business
Jan 24, 2021

Biden Team Promises New Look in Trade Policy
A "worker-centered" policy means less focus on opening markets for banks and drug makers.

Wall Street Journal US Business
Jan 24, 2021

China Joins Push to Rein In Big Tech Companies
Beijing recently unveiled guidelines for competition, adding to efforts in Brussels and Washington to curb the power of digital firms.

Wall Street Journal US Business
Jan 24, 2021

China Joins Push to Rein in Tech Giants
Beijing is adding new momentum to efforts in Brussels and Washington to curb the power of big digital companies.

Wall Street Journal US Business
Jan 24, 2021

Manufacturing Rebound Has Suppliers Struggling to Keep Up
A quicker-than-expected recovery in U.S. manufacturing is resulting in supply disruptions and higher costs for materials used in products meeting increased demand.

Wall Street Journal US Business
Jan 23, 2021

AstraZeneca's Vaccine Shortfall Threatens EU Plans to Boost Inoculations
The drugmaker expects to deliver tens of millions fewer Covid-19 vaccine doses than planned to the EU in coming months, threatening the continent's efforts to increase vaccinations and delivering a fresh reputational blow to the company.

Wall Street Journal US Business
Jan 23, 2021

Stimulus Checks to Fill Gaps in Aid Programs
As Congress weighs another round of direct payments to households, advocates see a continuing role for periodic cash from Washington.

Wall Street Journal US Business
Jan 23, 2021

Snap Turning Virtual Reality Into Real Money
The company is putting users in stores, and businesses on maps, virtually. Investors are giving it real credit.

Wall Street Journal US Business
Jan 23, 2021

Tech Giants Apple, Microsoft and Tesla Headline Busy Earnings Week
Tech giants Microsoft, Apple and Tesla will be among the companies headlining a busy earnings week, shedding more light on how businesses performed at the end of 2020 as Covid-19 cases rose.

Wall Street Journal US Business
Jan 23, 2021

Apple, Microsoft and Tesla Headline Busy Earnings Week
The three tech giants will be among the companies providing quarterly updates, shedding more light on how businesses performed at the end of 2020.

Wall Street Journal US Business
Jan 23, 2021

On the 100th Anniversary of 'Robot,' They're Finally Taking Over
A century after playwright Karel Capek coined the word "robot," we finally have the technology to make the stuff of science fiction a reality—for better and for worse.

Wall Street Journal US Business
Jan 23, 2021

When SPACs Attack! A New Force Is Invading Wall Street.
"Blank check" firms known as SPACs are in pursuit of America's hottest startups. Is the invasion a sign of a market euphoria that can't last?

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