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Jul 07, 2020
The federal government awarded $2 billion to two drugmakers to support development and manufacturing of an experimental drug and a potential vaccine against Covid-19.
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Jul 07, 2020
President Trump's temporary ban on work visas comes as requests for au pairs have exploded during the coronavirus pandemic.
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Jul 07, 2020
Shopping center owners pinned some of their hopes on the expansion of gyms as retail real estate swooned in the five years leading up to the pandemic. But consumer enthusiasm for working out near others has weakened.
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Jul 07, 2020
A surge in U.S. coronavirus cases and new government restrictions are keeping travelers from flying, according to data United Airlines shared with employees as it told them to prepare for potential furloughs.
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Jul 07, 2020
The former U.S. operations of a sanctioned Russian bank, a hedge fund partly owned by one of the biggest private-equity firms in the world and a real-estate developer behind two of Manhattan's most expensive condominium towers were among the firms that benefited from PPP.
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Jul 07, 2020
Dana Canedy is about to take over a storied publishing house in the middle of a pandemic, with several high-profile books in the pipeline.
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Jul 07, 2020
IT hiring in June was buoyed by strong demand in the tech manufacturing sector, followed by data processing and information services, trade group CompTIA said.
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Jul 07, 2020
A number of private-equity firms received millions of dollars in loans from a taxpayer-backed program despite being told they weren't allowed to access the money, an analysis of U.S. Small Business Administration data shows.
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Jul 07, 2020
U.S. colleges are bracing for a devastating drop in international students this fall, especially ones from China, where many U.S.-bound students are now postponing plans—and even rethinking the value of an American degree.
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Jul 07, 2020
Many self-service food stations at restaurant chains and grocery stores are unlikely to return soon, if ever, becoming victims of the pandemic.
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Jul 07, 2020
Several large health-care organizations are partnering on an advertising campaign to encourage people to return to their medical providers as the pandemic continues, a sign of how difficult it has been to allay fears of catching the coronavirus during visits to a doctor or pharmacy.
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Jul 07, 2020
Governments around the world are spending like never before to kick-start their economies in the wake of Covid-19 lockdowns, in many cases tying green initiatives to rescue packages, even as some industries say saving jobs should trump environmental concerns.
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Jul 07, 2020
Unemployment rates in the world's advanced economies will end the year higher than at any time since the Great Depression and not return to their pre-pandemic levels until 2022 at the earliest, according to the Organization for Economic and Cooperation and Development.
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Jul 07, 2020
Sunrun, which overtook Tesla to become the U.S.'s top installer of residential-solar systems, agreed to buy Blackstone-backed Vivint in all-stock deal valued at about $3.2 billion including debt.
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Jul 07, 2020
TikTok, the buzzy short-video platform owned by Chinese technology giant Bytedance, said it would pull out of Hong Kong within a week in light of "recent developments" in the city.
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Jul 07, 2020
TikTok, the buzzy short-video platform owned by Chinese technology giant Bytedance, said it would pull out of Hong Kong within a week in light of "recent developments" in the city.
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Jul 06, 2020
Palantir Technologies said it has confidentially filed paperwork with the Securities and Exchange Commission to go public, ending an extended wait that made the data analytics company one of Silicon Valley's oldest private startups.
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Jul 06, 2020
Samsung Electronics Co. forecast a 22.7% rise in second-quarter operating profit, as some components manufacturers ride out the coronavirus pandemic by servicing a boom in internet use fueled by remote working.
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Jul 06, 2020
Sirius XM Holdings is near a deal to buy the Stitcher podcasting unit from E.W. Scripps for around $300 million, according to people familiar with the matter.
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Jul 06, 2020
As senior U.S. and Chinese economic officials plan to discuss China's compliance with a trade deal signed early this year, more than 40 American business groups called on Beijing to step up purchases of U.S. manufactured goods as well as energy and other products as part of the agreement.
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Jul 06, 2020
The federal government's Paycheck Protection Program helped some prominent businesses, new data show, revealing how the emergency loans weren't just open to small companies struggling to weather the pandemic.
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Jul 06, 2020
Google, Facebook and Twitter are among tech companies that have suspended processing requests for user data from Hong Kong law-enforcement agencies following China's imposition of a national-security law on the city.
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Jul 06, 2020
In the global race for 5G supremacy, Nokia bet big on the wrong computer chip. Now the Finnish giant is trying to make up market share lost to competitors, including China's Huawei.
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Jul 06, 2020
The federal government's Paycheck Protection Program helped some prominent businesses, new data show, revealing how the emergency loans weren't just open to small companies struggling to weather the pandemic.
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Jul 06, 2020
Facebook and its WhatsApp messaging service, along with Twitter, have suspended processing requests for user data from Hong Kong law-enforcement agencies following China's imposition of a national-security law on the city.
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Jul 06, 2020
U.S. services industries showed signs of recovery in June as businesses took early steps to reopen following the easing of some of the coronavirus-related lockdowns, according to two surveys of purchasing managers. But a recent rise in coronavirus cases is overshadowing the gains.
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Jul 06, 2020
A federal judge ordered the Dakota Access pipeline to shut down by next month because it was improperly granted a key environmental permit, a major setback for operator Energy Transfer LP and the American shale drilling industry.
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Jul 06, 2020
Regeneron is starting later-stage studies of its experimental Covid-19 drug, a quick move into testing that could establish whether the drug can be used for treatment and prevention.
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Jul 06, 2020
Colin Kaepernick and Walt Disney Co. have reached a deal that brings together the activist quarterback and the entertainment giant to produce content about the racial and social topics Kaepernick has championed.
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Jul 06, 2020
Simon & Schuster is moving up the publication of a book by Mary L. Trump to July 14, days after a judge overturned a temporary restraining order against the publisher.
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Jul 06, 2020
The fight for customers among DoorDash, Grubhub, Uber Eats and rivals is going nationwide as they expand into one another's territory.
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Jul 06, 2020
The Trump administration disclosed the names of more than 650,000 businesses that received loans under the Paycheck Protection Program—information officials say will show the emergency fund helped firms across the economy weather the pandemic.
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Jul 06, 2020
The hedge fund run by Paul Singer said in a letter to the owner of wireless towers and fiber infrastructure that the latter business hasn't paid off for investors.
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Jul 06, 2020
Home goods retailer Pier 1 Imports Inc. has found a potential buyer offering more than $20 million in cash for the bankrupt company's intellectual property and e-commerce business as its brick-and-mortar retail operations wind down.
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Jul 06, 2020
Facebook and its WhatsApp messaging service have suspended processing requests for user data from Hong Kong law-enforcement agencies following China's imposition of a national-security law on the city.
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Jul 06, 2020
Facebook is suspending the review of government requests for user data from Hong Kong following China's imposition of a national-security law on the city. The company's move follows an earlier decision by its WhatsApp messaging service.
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Jul 06, 2020
Uber Technologies said it has agreed to buy Postmates for about $2.65 billion in stock, the latest in a flurry of consolidation moves in the food-delivery sector.
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Jul 06, 2020
Containing the pandemic has allowed a handful of countries to reopen their economies sooner and with greater confidence than harder-hit U.S. states or the U.K.
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Jul 06, 2020
This was supposed to be the year China's theatrical box office became No. 1 in the world. Instead it is setting a different record: the world's longest closure of movie theaters.
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Jul 06, 2020
Europe's reopened bistros, pizzerias and cafes are bustling with clientele but unlike those in America's Sunbelt have had no major outbreaks. The difference stems from Europe's success in flattening its infection curve before reopening and less reliance on air conditioning.
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Jul 06, 2020
The government is now accepting applications until Aug. 8 for forgivable loans under the Paycheck Protection Program. We have answers to some frequently asked questions about the program.
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Jul 06, 2020
Foreign investors get greater access as chief executives answer shareholder questions online, but the pandemic has cut short the lavish buffets and free mugs.
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Jul 06, 2020
Buffalo was already facing a cash crunch from falling revenue due to the coronavirus pandemic, and now hard-hit New York state is withholding 20% of a grant, deepening its second-largest city's fiscal woes.
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Jul 06, 2020
Raphael Bostic, the Federal Reserve Bank of Atlanta's president, is shining a light on how economic and social upheaval have changed how the central bank talks and thinks about racial and economic inequality.
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Jul 06, 2020
A surge in coronavirus cases in one of the country's top regions for apples and sweet cherries is challenging agricultural operations already limited by rules aimed at preventing such outbreaks, underscoring the difficulty of keeping farmworkers safe.
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Jul 06, 2020
Semiconductor Manufacturing International is preparing a $6.55 billion stock offering on Shanghai's high-tech STAR market, as China moves to shore up its semiconductor capabilities amid heightened tensions with the U.S.
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Jul 05, 2020
The next challenge for bringing Boeing Co.'s 737 MAX jets back into service is slated to play out as early as this week, with another government test flight assessing the safety of software fixes.
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Jul 05, 2020
Duke Energy and Dominion Energy are pulling the plug on the proposed $8 billion pipeline under the Appalachian Trail as companies continue to meet environmental opposition to new fossil fuel conduits in the U.S.
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Jul 05, 2020
What to do about smeared foundation? The eyes have it; but lipstick is ‘a lost cause.'
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Jul 05, 2020
Service-sector, unemployment and inflation measures highlight a relatively quiet week for official economic data.
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Jul 05, 2020
Google, Amazon and Facebook face proposed European rules aimed at curbing their alleged anticompetitive behavior, making them pay more taxes and compelling them to shoulder more responsibility for illegal content.
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Jul 05, 2020
An economic pillar of developing economies is crumbling as Mexicans, Filipinos, Bangladeshis and others lose their jobs abroad because of coronavirus impacts. It's left their families and home countries struggling. ‘I'm scared sick.'
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Jul 05, 2020
Companies behind candidate Covid-19 vaccines are making an unprecedented push to recruit tens of thousands of healthy volunteers for final-phase testing, targeting states where infections are surging.
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Jul 05, 2020
Economic fallout from the coronavirus pandemic has cast doubt on whether China can meet its targets to buy U.S. goods under this year's trade deal—with energy emerging as the biggest casualty.
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Jul 05, 2020
Restaurants that were just starting to recover some sales are bracing for another, potentially existential round of restrictions as a resurgence in coronavirus cases in the U.S. prompts a pullback in reopening plans.
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Jul 05, 2020
Restaurants that were just starting to recover some sales are bracing for another, potentially existential round of restrictions as a resurgence in coronavirus cases in the U.S. prompts a pullback in reopening plans.
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Jul 05, 2020
With the Federal Reserve unable to cut interest rates, the U.S. budget should have stronger "automatic stabilizers," some say, such as by tying unemployment insurance benefit generosity to the unemployment rate.
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Jul 05, 2020
An investigation into the accounting misdeeds at Luckin Coffee has concluded that the company's chairman knew—or should have known—about the fabricated transactions that inflated the Chinese coffee chain's sales last year, according to a person familiar with the matter.
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Jul 05, 2020
Before you hit the road or go off the grid, download these helpful apps that work without an internet connection, and consider gear to keep your phone charged and safely positioned when you're out of service range.
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Jul 05, 2020
After years of effort to secure skilled talent in a tight labor market, many finance chiefs are finding it makes sense to spend a little more to keep hard-won employees tethered to businesses.
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Jul 05, 2020
The S&P 500's health-care sector finished June as the second-worst performer of the index's 11 groups, a shift from earlier this year when the stocks offered shelter during market turbulence.
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Jul 05, 2020
Latinos make up a large share of services-sector workers, and the path to recovery looks slow amid the ongoing pandemic, economists say.
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Jul 05, 2020
Connecticut studios lament low customer turnout, while gym owners in New York and New Jersey anxiously await the chance to fully reopen.
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Jul 05, 2020
Virtual tours and drive-in shows don't come close to making up for scores of canceled or postponed events, but they are finding eager audiences and providing a financial lifeline for some artists and bands while tours are on indefinite hiatus.
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Jul 05, 2020
Internationally peer-reviewed journals published more than 100 research papers from China-based authors that appear to have reused identical sets of images, raising questions about the proliferation of problematic science.
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Jul 04, 2020
While toiling for low wages, home caregivers can find themselves—and their elderly clients—at risk of coronavirus infection. "This is extremely hard work," one worker says.
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Jul 04, 2020
Drivers hitting the road over July Fourth weekend are poised to enjoy the cheapest holiday gasoline prices in years, but the gas stations are doing OK, too.
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Jul 04, 2020
U.S. spending data reflect recent reopenings, with consumers cutting back on some online grocery purchases, choosing takeout and flocking to hair salons and furniture stores. But their shopping patterns indicate concerns amid increases in coronavirus cases.
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Jul 04, 2020
U.S. spending data reflect recent reopenings, with consumers cutting back on some online grocery purchases, choosing takeout and flocking to hair salons and furniture stores. But shopping patterns indicate concern amid increases in coronavirus cases.
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Jul 04, 2020
U.S. spending data reflect recent reopenings, with consumers cutting back on some online grocery purchases, choosing takeout and flocking to hair salons and furniture stores. But shopping patterns indicate concern amid increases in coronavirus cases.
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Jul 03, 2020
Clothing retailer Lucky Brand Dungarees has filed for bankruptcy with initial plans to close at least 13 stores and with a possible deal to sell its private equity-backed business to the operator of Aéropostale and Nautica brands.
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Jul 03, 2020
A Turkish judge ordered the release of five defendants pending a verdict in their trial on charges they assisted onetime auto executive Carlos Ghosn in making an undeclared layover in Turkey late last year after he fled Japan inside a musical-equipment box.
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Jul 03, 2020
Jan Marsalek, Wirecard's longtime chief operating officer, stopped responding to messages from colleagues when the electronic-payments giant ran into trouble. The company still doesn't know where he is.
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Jul 03, 2020
Brazilian mining giant Vale is financially ready to resume divided payments after the Brumadinho dam disaster, but would watch the spread of the coronavirus before making a decision, the chief financial officer said.
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Jul 03, 2020
U.S. tech titans face a looming test of their free-speech credentials in Hong Kong as China's new national-security law for the city demands local authorities take measures to supervise and regulate its uncensored internet.
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Jul 03, 2020
Rick Smith, the man who pioneered Taser stun guns, says he wants to manufacture a next-generation Taser that is so effective police officers won't have to use their pistols anymore. But he says it will take 10 years.
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Jul 03, 2020
The Covid-19 pandemic has dinged the auto sector, but one part of the industry is faring better than it was before the crisis: used cars.
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Jul 03, 2020
China, which began restarting its manufacturing plants over four months ago after Covid-19 forced a nationwide shutdown, provides a template for how to do it safely.
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Jul 03, 2020
Economic activity is gathering momentum in China, a raft of survey data showed, the latest sign that Beijing's uncompromising approach to the coronavirus pandemic is starting to pay dividends even as the U.S. shuts down swaths of its economy in a struggle to contain the virus.
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Jul 03, 2020
These spaces pose particular challenges for transmission control because of both human behavior and the way the coronavirus spreads most efficiently—indoors through close, prolonged contact without protection.
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Jul 03, 2020
TikTok, a popular short-video app, sought to distance itself from Beijing after India banned it and dozens of other Chinese mobile apps in retaliation for a deadly border clash last month
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Jul 02, 2020
FedEx, the Washington Redskins' most prominent sponsor and the namesake of the NFL team's stadium, called for the franchise to change its name, a company spokeswoman said.
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Jul 02, 2020
The president's most prominent Silicon Valley supporter has told friends and associates that he plans to sit out this year's presidential campaign because he thinks re-election is increasingly a long shot, people familiar with the matter say.
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Jul 02, 2020
Chinese coffee chain Luckin Coffee Inc.'s co-founder Charles Lu will remain chairman—at least for now—after the board failed to get the necessary votes to oust him, the company said Thursday.
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Jul 02, 2020
Leaders of civil rights groups are meeting with Facebook executives after calling for an ad boycott of the platform for the month of July. Facebook, which has been under growing pressure to change and update some of its content and brand-safety policies, this week requested a new meeting with civil rights leaders.
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Jul 02, 2020
Banana Republic, Ann Taylor and other business-casual retailers are trying to figure out how to convince home-bound Americans to do better than T-shirts, leggings and gym shorts.
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Jul 02, 2020
Regeneron Pharmaceuticals and Sanofi said their arthritis drug Kevzara failed to help Covid-19 patients recover in a U.S. clinical trial.
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Jul 02, 2020
Looking to get stronger in food delivery, the ride-hailing giant is eyeing Postmates as the pandemic has crushed Uber's rides business and surging infections have dimmed early hopes for speedy economic reopenings.
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Jul 02, 2020
A mass advertising boycott has brought a great deal of attention to Facebook's handling of hate speech. But it's not Facebook's first "we can do better" moment; there have been many, and there will probably be many more.
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Jul 02, 2020
Chapter 11 business bankruptcy filings increased 26% in the first half of this year as more U.S. companies sought protection from creditors during the coronavirus pandemic, according to legal-services firm Epiq Systems.
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Jul 02, 2020
New infections grow in major meat-producing states as the industry has returned to regular production levels in recent weeks.
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Jul 02, 2020
Beijing is telling foreign companies not to worry, but its intercession in Hong Kong has executives fearing that the city's unique role as a business hub is in jeopardy.
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Jul 02, 2020
Beijing is telling foreign companies not to worry, but its intercession in Hong Kong has executives fearing that the city's unique role as a business hub is in jeopardy.
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Jul 02, 2020
The jobless rate is expected to remain in double-digits through the end of the year, and the economy will shrink an estimated 5.9%, according to projections released by the Congressional Budget Office.
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Jul 02, 2020
The two industries that suffered the most job loss because of the coronavirus pandemic and related shutdowns—hospitality and retail—saw the strongest gains the last two months as the U.S. economic engine restarted
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Jul 02, 2020
American, Frontier, Spirit, Hawaiian and SkyWest will receive loans under coronavirus stimulus.
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Jul 02, 2020
German prosecutors are probing whether the electronic-payments giant used fictitious income to inflate its sales and fool investors. The company and its auditors say $2 billion that is missing probably never existed.
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Jul 02, 2020
Exxon Mobil warned of steep losses in its refining and oil-and-gas production businesses during the second quarter, signaling that the company is likely to report a second straight quarterly loss later this month.
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Jul 02, 2020
The two industries that suffered the most job loss because of the coronavirus pandemic and related shutdowns—hospitality and retail—saw the strongest gains the last two months as the U.S. economic engine restarted
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Jul 02, 2020
Bankers and stock-market operators say remote IPO processes could persist even as lockdown orders lift.
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