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Dec 13, 2018
Longtime Alibaba executive Lucy Peng is stepping down as chief executive of the e-commerce giant's Lazada Group after nine months on the job.
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Dec 13, 2018
Virgin Galactic LLC, Richard Branson's space-tourism venture, reached the edge of space in a test flight Thursday, four years after a fatal accident set back the project.
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Dec 13, 2018
Apple plans to invest $1 billion to build a new campus in Austin that could create 15,000 jobs, as it aims to make good on promises to boost contributions to the economy.
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Dec 13, 2018
PG&E customers could soon face massive rate hikes due to the state's catastrophic wildfires, experts say.
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Dec 13, 2018
General Electric reached a deal to sell off part of its GE Digital business and set aside the rest in a separate company, as the conglomerate narrows its focus and scales back its software ambitions.
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Dec 13, 2018
Amazon's announcement that it will bring 25,000 new jobs each to New York and Northern Virginia sparked a frenzy of activity. Lost in the commotion: It will take many years, if not a decade, before residents see an army of Amazon employees invading their cities.
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Dec 13, 2018
French luxury-goods company LVMH Moet Hennessy Louis Vuitton is close to a deal to acquire Belmond, a London-based owner and operator of high-end hotels around the world.
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Dec 13, 2018
At least 19 states are reaping more than they expected for their general funds this fiscal year. Economic growth and changes in U.S. tax law are both feeding the revenue stream.
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Dec 13, 2018
Costco Wholesale sales surged in its latest quarter, as the warehouse chain continued to benefit from a strong economy and shopper interest in everything from bulk toilet paper to discounted branded clothes.
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Dec 13, 2018
The retailer, which has filed for bankruptcy protection, attributed a 4.3% rise in comparable sales to liquidations at stores that it is closing. Still, total revenue fell 23% and its loss widened.
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Dec 13, 2018
Social media's so-called influencers have become sought-after brand ambassadors, with millions of followers and lucrative advertising deals. Now, the computer-generated Miquela Sousa character is testing the power of online celebrity.
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Dec 13, 2018
Starbucks plans to expand coffee delivery across the U.S. with UberEats as part of a broader strategy to try to reach more customers.
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Dec 13, 2018
The government ran a $305 billion deficit in October and November, compared with a $202 billion deficit during the same period a year earlier, the Treasury Department said.
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Dec 13, 2018
Caterpillar Inc.'s chief executive Jim Umpleby has been named chairman of the machinery giant's board as well, cementing his leadership nearly two year into his tenure.
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Dec 13, 2018
The national housing slowdown is spreading to markets like Las Vegas and Phoenix, where only weeks ago prices were still accelerating.
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Dec 13, 2018
The European Central Bank cut its economic growth forecasts Thursday, highlighting the risks confronting Europe's economy even as it ended its massive four-year stimulus program.
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Dec 13, 2018
Private economists tempered their expectations for the path of interest rates next year in a new Wall Street Journal survey, and many foresee the Federal Reserve cutting rates starting in 2020.
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Dec 13, 2018
Most economists in a recent WSJ survey view a trade war between the U.S. and China as the biggest threat to the U.S. economy in 2019.
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Dec 13, 2018
The number of Americans filing applications for new unemployment benefits fell last week by the most in three and a half years.
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Dec 12, 2018
China is preparing to replace an industrial policy savaged by the Trump administration as protectionist with a new program promising greater access for foreign companies.
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Dec 12, 2018
European Union lawmakers capped a two-year sprint to seal an economic partnership agreement with Japan, highlighting the U.S. allies' urgency in reacting to President Trump's disruptive trade policies.
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Dec 12, 2018
The disclosures, at a Senate Judiciary Committee hearing, came as the Trump administration is preparing to lay out an unprecedented amount of evidence in coming days about Chinese spying and hacking operations designed to steal secrets from U.S. companies.
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Dec 12, 2018
Investors sounded notes of optimism about Tencent Music Entertainment Group, one of the biggest IPOs in the U.S. in recent years, pushing its shares 7.7% higher in the company's trading debut.
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Dec 12, 2018
Tailored Brands Inc. lowered its outlook for the year after sales at its Men's Wearhouse business softened last month.
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Dec 12, 2018
When a Chinese scientist claimed last month that he created the first genetically modified babies, scientists around the world were stunned and alarmed. Now, scientists who examined the very limited available data from the experiments are questioning whether the gene edits the scientist claimed he made were even successful.
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Dec 12, 2018
Inflation remains muted even though unemployment has fallen to a near 50-year low and economic growth in 2018 was among the fastest in this expansion.
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Dec 12, 2018
As trade tensions cut deeply into exports, U.S. soybean farmers, industry groups and government officials are seeking a stronger foothold in international markets beyond China, including Europe and Southeast Asia.
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Dec 12, 2018
General Motors Chief Executive Mary Barra faces bipartisan anger in Washington over the company's plans to cut 14,800 jobs and close four plants despite robust profits and a strong economy.
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Dec 12, 2018
CBS News settled a lawsuit, for undisclosed terms, brought by three women who alleged they were harassed by former on-air personality Charlie Rose.
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Dec 12, 2018
Procter & Gamble agreed to acquire Walker & Co. as the consumer-products giant looks to serve more African-Americans with health and beauty products.
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Dec 12, 2018
Facing a consumer backlash and stricter regulation, companies are trying to do what's eluded them for years: make a better bottle. Evian has pledged to make all its bottles 100% recycled plastic. Nestlé, PepsiCo, Coca-Cola and other makers are adding products and trying new strategies.
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Dec 12, 2018
The European Central Bank is nearing a landmark decision to wind down its $3 trillion bond-buying program, closing a chapter on a policy the U.S. used to help restore its growth but one that had mixed results in Europe.
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Dec 12, 2018
Workplace retaliation against those reporting sexual harassment remains an issue, even as the #MeToo movement has emboldened people who say they have been mistreated.
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Dec 12, 2018
Lowe's plans to increase its share buyback program by $10 billion, as the home-improvement retailer looks to turn investor sentiment and prove to Wall Street its business and growth plans are on solid footing.
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Dec 12, 2018
The U.S. and the European Union are squaring off at the World Trade Organization in a conflict that threatens to cripple the global trade watchdog.
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Dec 12, 2018
Almost half of U.S. chief financial officers believe a recession will strike the U.S. economy by the end of 2019, with the tight labor market and growing trade tensions driving economic jitters among corporate America.
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Dec 12, 2018
The arrest of Huawei's finance chief has stirred job insecurity among the Chinese company's 1,500 U.S.-based workers, already uneasy about Washington's campaign against their employer.
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Dec 12, 2018
Walmart and pharmacy-benefit manager Express Scripts have extended their network agreement to provide access to Walmart's prescription services for Express Scripts clients' covered members.
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Dec 12, 2018
Tensions between Nissan and Renault after the arrest of longtime alliance leader Carlos Ghosn show it has never been easy for the global auto industry to make mergers and partnerships work.
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Dec 12, 2018
Verizon Communications is booking a $4.5 billion accounting charge related to its Oath media business, a sign its bet on high-profile internet properties and content several years ago hasn't worked out as expected.
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Dec 11, 2018
Sundar Pichai faced tough questions in a first public appearance before House lawmakers, who are increasingly skeptical of Silicon Valley giants on issues of privacy and political bias.
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Dec 11, 2018
Extreme wildfires across California in recent years are squeezing local economies. Chico, which escaped the wrath of the Camp Fire, is the latest example.
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Dec 11, 2018
Beijing agrees to reduce auto tariffs and buy more American products, but key differences remain, as Washington prepares to add fresh pressure on Beijing.
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Dec 11, 2018
Huawei Technologies Co.'s finance chief must reside at Vancouver homes and adhere to curfew while awaiting a decision on her extradition to the U.S.
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Dec 11, 2018
The Chinese music-streaming company's initial public offering priced at $13 per American depositary share, capping a rocky process of going public but still marking it one of the biggest U.S.-listed debuts in recent years.
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Dec 11, 2018
Loneliness undermines health and is linked to early mortality. Baby boomers, who generally had fewer children and divorced more than previous generations, are especially feeling the effects in retirement.
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Dec 11, 2018
The fast-food chain said it will take two years to decide how much of the antibiotics important to human health it will be able to remove from its beef supply.
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Dec 11, 2018
The organic- and natural-products maker has settled charges brought by the U.S. Securities and Exchange Commission over its revenue-recognition practices, which led to delayed financial reports.
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Dec 11, 2018
MiMedx Group, a maker of tissue-graft products, called on two influential lawmakers for help. Now the actions of the lawmakers could prove embarrassing for them as MiMedx faces possible collapse.
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Dec 11, 2018
Congress is on track to pass a five-year farm bill that leaves out proposed work requirements for food-stamp recipients, imperiling the support of some House Republicans but opening the door for Democrats in both chambers to support the compromise bill.
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Dec 11, 2018
Judge Brendan Linehan Shannon endorsed the chapter 11 plan—which will include a tripling of the initial equity commitment from the franchisee's owner, private-equity firm Acon Investments—after a hearing Tuesday in U.S. Bankruptcy Court in Wilmington, Del.
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Dec 11, 2018
Washington and Beijing started with a phone call touching on China's purchases of agricultural products and changes to its fundamental economic policies.
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Dec 11, 2018
The U.S. and the European Union are squaring off at the World Trade Organization in a conflict that threatens to cripple the global trade watchdog.
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Dec 11, 2018
WPP Chief Executive Mark Read set out his vision for a turnaround, a strategy he hopes will make the world's largest advertising company better-positioned to contend with the rapidly changing marketing landscape.
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Dec 11, 2018
Dell Technologies is set to begin trading on the New York Stock Exchange later this month after facing pressure from activist shareholders and sweetening a buyout offer to investors in its tracking stock.
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Dec 11, 2018
The Senate confirmed Justin Muzinich as the second-ranking official in the Treasury Department. Mr. Muzinich becomes the first person to serve in the role during the Trump administration.
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Dec 11, 2018
A gauge of U.S. business prices rose slightly in November, but the pace of gains moderated significantly from the prior month.
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Dec 10, 2018
A bail hearing for Huawei Technologies Co. finance chief Meng Wanzhou in Vancouver ended Monday without a decision as the executive's lawyer argued she won't be a flight risk while awaiting a separate decision on her extradition to the U.S.
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Dec 10, 2018
Google said it would close the consumer version of its Google social network after discovering a software bug that exposed the private profile information of 52 million users to outside app developers, the second time this year the company has acknowledged exposing private user data.
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Dec 10, 2018
Under new rules, nonprofits can use any reasonable method to calculate costs used in computing employee-parking taxes.
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Dec 10, 2018
Some CBS directors are concerned that recent leaks from the investigation into alleged sexual misconduct by former CEO Leslie Moonves could result in legal exposure for the company or people found to have failed to prevent the disclosures.
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Dec 10, 2018
Queen's "Bohemian Rhapsody" is the most-streamed song from the pre-streaming era and the most-streamed classic rock song of all time, according to Vivendi SA's Universal Music Group.
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Dec 10, 2018
A Chinese court ordered Apple to stop selling older iPhone models in the country after finding it infringed on two Qualcomm patents, the chip supplier said.
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Dec 10, 2018
As Prime Minister Theresa May works to save her deal to exit from the European Union, businesses are bracing for the worst—a "no-deal" Brexit—and planning for it.
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Dec 10, 2018
The White House is preparing to pick economist Mark Calabria, a vice presidential aide and critic of Fannie Mae and Freddie Mac, to the post responsible for overseeing the housing-finance companies.
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Dec 10, 2018
Under Armour Inc. ousted two sports-marketing executives, according to people familiar with the matter, after the apparel brand conducted an internal review of their department's spending.
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Dec 10, 2018
The number of available jobs in the U.S. rose in October from a year earlier, with openings exceeding the number of unemployed Americans by one million. Low-skilled workers shunned retail and restaurants for higher-paying positions in other industries.
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Dec 10, 2018
Businesses in the U.S. are less optimistic about the outlook for the coming year than they were 12 months ago, though many still expect sales, hiring and investment to rise in 2019, according to an ISM survey.
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Dec 10, 2018
Amazon has dismissed several workers in the U.S. and India for allegedly inappropriately accessing internal data that was being misused by disreputable merchants.
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Dec 10, 2018
Verizon will shed about 10,400 workers who have accepted a severance package as it works to cut $10 billion in costs and upgrade to a faster 5G network.
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Dec 10, 2018
Prosecutors are close to deciding whether to charge Chinese billionaire Liu Qiangdong with the sexual assault of a college student. The woman has described a four-hour ordeal, while Mr. Liu has denied wrongdoing.
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Dec 10, 2018
The Trump administration's point man on U.S.-China trade negotiations said the U.S. would hold fast to its 90-day deadline for the conclusion of a lasting agreement, adding that the U.S. would impose punishing tariffs on Chinese imports if none is reached.
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Dec 10, 2018
Google CEO Sundar Pichai is expected to face questions at a Congressional hearing on a range of topics, including the company's handling of user data and its development of a search engine that would comply with China's strict internet censors.
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Dec 10, 2018
Japanese prosecutors on Monday indicted former Nissan Motor Chairman Carlos Ghosn on charges of underreporting his compensation on five years of Nissan's financial reports, Kyodo News reported.
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Dec 09, 2018
Two large British banks are among those ensnared in the controversy over Huawei Technologies. The dispute escalated over the weekend after the Chinese government warned Canada it would face "severe consequences" if it didn't release the Chinese telecom giant's finance chief.
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Dec 09, 2018
Longtime Yelp shareholder SQN Investors says years of missteps are weighing on the business-review company's stock price and plans to publicly push it to add new board members.
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Dec 09, 2018
Gilead Sciences is planning to hire industry veteran Daniel O'Day to take the helm and help the drug company revive sales and recover from a disappointing deal.
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Dec 09, 2018
The Chevrolet Volt is headed to the scrap heap, but during its decade on the market the electric vehicle reflected the strengths and weaknesses of General Motors and auto making in Detroit.
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Dec 09, 2018
The investor frenzy for shared electric scooters is cooling, as two leading startups lower their fundraising ambitions while dealing with vandalism, rising competition and other growing pains.
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Dec 09, 2018
Investors are growing anxious about the prospect of recession in developed countries, but many economic trends don't fit with patterns that presaged previous downturns.
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Dec 09, 2018
A test of more than a dozen wireless noise-canceling headphones reveals all the must-have features and narrows it down to the three best noise killers.
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Dec 09, 2018
As employers struggle to find qualified workers and automation makes certain jobs obsolete, companies are finding they have to train employees to do things that robots can't—like figure out who's having a bad day.
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Dec 09, 2018
Data thieves' tactics are getting more ingenious and more intrusive, as Marriott's Starwood database breach adds to a string of large-scale corporate data intrusions.
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Dec 09, 2018
The race between Uber and Lyft to go public next year promises to extend their rivalry for customers to competition for global investors.
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Dec 09, 2018
Maurice Obstfeld, the retiring chief economist of the International Monetary Fund, is on his way out the door with a warning that global growth is slowing and the U.S. will likely feel the drag as well.
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Dec 09, 2018
A major manufacturer of hospital beds is seeking to transform the ubiquitous furniture into a source of medical data, the latest sign of hospitals' digital transformation.
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Dec 09, 2018
From tents on vacant suburban lots to a parking garage converted for package handling underneath Chicago's Millennium Park, companies are getting creative in the race to get goods to consumers this holiday season.
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Dec 09, 2018
The pace of real-estate speculation is slowing, a sign of the darkening outlook in the U.S. housing market.
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Dec 08, 2018
The arrest of a prominent Chinese technology executive traveling overseas sparked concerns that U.S. executives may be vulnerable to retaliation.
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Dec 08, 2018
This month's arrest of Huawei's chief financial officer and heir apparent was the latest salvo against a company U.S. officials see as a threat to national security and America's global edge in technological innovation.
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Dec 08, 2018
Uber filed paperwork confidentially this week for its initial public offering, according to people familiar with the matter, as it races with smaller rival Lyft to be the first to market.
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Dec 08, 2018
A Canadian prosecutor said Huawei's finance chief was arrested because of U.S. allegations that she fraudulently covered up the Chinese tech giant's control of a company was doing business in Iran.
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Dec 08, 2018
While business leaders at first thought President Trump's confrontational approach on trade with China was the wrong way to go, some CEOs now see the administration's trade fight as the best shot at resolving long-running intellectual-property grievances.
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Dec 07, 2018
Marlboro maker invests $1.8 billion in Canadian marijuana grower as it explores deal with e-cigarette rival Juul.
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Dec 07, 2018
Uber filed paperwork confidentially this week for its initial public offering, as it races with smaller rival Lyft to be the first to market.
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Dec 07, 2018
Facebook said it approved a plan to boost its share-buyback program by $9 billion.
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Dec 07, 2018
Americans continue to feel good about the economic outlook, with the University of Michigan saying its preliminary index of consumer sentiment exceeded economists' expectations.
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Dec 07, 2018
The sale of major assets of 21st Century Fox Inc. will create two juggernauts of programming, Walt Disney Co. and Comcast Corp., that will tower over the media and entertainment landscape, according to a new report.
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Dec 07, 2018
The U.S. job market remained healthy overall in November, with low unemployment and steady wage growth, justifying the Federal Reserve's expected interest rate rise this month.
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Dec 07, 2018
Employers slowed their pace of hiring in November, but wage growth matched the highest rate in nearly a decade and unemployment held at the lowest rate since December 1969.
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