TAG · Economy
Trump Media & Technology, the parent company of Truth Social, plans to sell Wall Street traders the ability to see posts from the platform's highest-ranking accounts — including possibly President Donald Trump's — milliseconds before the…
2026-07-17 · 3 MIN READThe Federal Aviation Administration said Friday it will allow Boeing to resume issuing airworthiness certificates for all of its 737 Max and 787 Dreamliner planes starting next week, after months of review concluded the company's final…
2026-07-17 · 3 MIN READIBM's shares fell 25% this week, the worst single-day decline in the company's history, after the company issued a profit warning tied to its artificial-intelligence business, The Wall Street Journal reported.
2026-07-17 · 3 MIN READJames Watt, the founder of BrewDog, is facing complaints to the UK's data privacy watchdog over how he obtained the contact details of thousands of former crowdfunding investors to invite them to join his bid to buy back the company.
2026-07-17 · 3 MIN READNetflix shares fell 5.9% in late trading Thursday after the streaming company narrowed its full-year revenue guidance, while PayPal rose 3% on reports of a potential acquisition by Stripe and Advent International, and OpenAI Chairman Bret…
2026-07-16 · 3 MIN READVerizon Communications said Thursday it will lay off about 3,000 workers and sell 274 company-owned retail stores to franchise owners, according to a company spokesman.
2026-07-16 · 3 MIN READMicrosoft's Xbox division is laying off about 3,200 employees and divesting five game studios, with CEO Asha Sharma calling for a "reset" of the business after the company spent more than $80 billion acquiring studios and bringing…
2026-07-16 · 3 MIN READTaiwan Semiconductor Manufacturing Co. announced Thursday an additional $100 billion investment in its Arizona semiconductor facilities, bringing the company's total U.S. commitment to $265 billion, according to the Trump administration.
2026-07-16 · 3 MIN READUnconfirmed media reports have identified Home Secretary Shabana Mahmood as incoming Prime Minister Andy Burnham's likely choice for chancellor of the exchequer, triggering a rally in the pound and UK government bonds Wednesday as…
2026-07-16 · 3 MIN READTaiwan Semiconductor Manufacturing Co. reported its fifth consecutive quarter of record earnings Thursday, with net profit surging 77% from a year earlier to NT$706.56 billion (US$21.98 billion), far exceeding analyst expectations as…
2026-07-16 · 3 MIN READPublicis Groupe raised its annual guidance Thursday after reporting second-quarter organic growth that exceeded expectations, citing a string of new client wins in the first half of the year.
2026-07-16 · 3 MIN READNew Conagra chief executive John Brase is mapping a turnaround that includes price increases on frozen meals, hot dogs and sausage, a $40 million brand investment and a review of the company's 5,500 product SKUs after the company reported…
2026-07-15 · 3 MIN READElectric-vehicle maker Lucid Group has hired financial advisory firm AlixPartners to advise on its turnaround, the company said Tuesday, as it denied reports that it is exploring bankruptcy or going private. Shares fell more than 15%…
2026-07-14 · 3 MIN READThe U.S. Bureau of Labor Statistics reported Tuesday that wholesale prices fell 0.3% in June, reversing two months of increases, as a 12% drop in gasoline prices drove two-thirds of the decline. Core producer prices, excluding food and…
2026-07-15 · 3 MIN READ
NEW YORK — U.S. stocks ticked higher Wednesday following strong profit reports from BlackRock and other major companies, as oil prices swung to their highest levels in a month because of the war with Iran.
2026-07-15 · 3 MIN READHyundai Motor Group and SK On have begun commercial production at a $5 billion electric vehicle battery plant in Bartow County, Georgia, the joint venture said July 15. The factory will supply battery cells to Hyundai Motor Group's…
2026-07-15 · 3 MIN READChina's economy expanded 4.3% in the second quarter from a year earlier, official data showed Wednesday, falling short of the 4.5% forecast by economists polled by The Wall Street Journal as weak domestic demand and a pullback in…
2026-07-15 · 3 MIN READFord Motor Executive Chairman Bill Ford said Tuesday the U.S. auto industry must prepare to compete directly with Chinese carmakers on American soil, arguing that protectionist barriers will not keep them out indefinitely.
2026-07-14 · 3 MIN READSubaru of America is recalling more than 541,000 Crosstrek, Forester and Ascent SUVs in the U.S. because a certification label on the affected vehicles incorrectly states their gross axle weight rating, which could lead owners to…
2026-07-14 · 3 MIN READThe Texas Stock Exchange began trading small stock symbols Friday, opening a new U.S. stock exchange amid a long-standing New York Stock Exchange and Nasdaq duopoly. TXSE, pronounced "tex-ee," started real trading at 9:30 a.m. after…
2026-07-11 · 3 MIN READVolkswagen reported weak second-quarter sales on Friday, a day after the German automaker said it would cut its model lineup by nearly half, as sales in China fell by more than a third.
2026-07-10 · 3 MIN READAnalysts issued a range of assessments Friday on auto and transport companies, with Daiwa forecasting weak Chinese demand for automakers, Bernstein evaluating Apollo's takeover bid for easyJet, and Citi calling Stellantis's U.S. sales…
2026-07-10 · 3 MIN READFast Retailing raised its annual earnings forecasts Thursday after reporting a 39% jump in third-quarter net profit, as stronger sales across international markets helped the Japanese retailer beat analyst estimates. The Uniqlo owner said…
2026-07-09 · 3 MIN READU.S. commercial crude oil inventories rose by three million barrels in the week ended July 3, the first increase in 11 weeks, as production and imports climbed while exports dropped, according to data released Wednesday by the Energy…
2026-07-08 · 3 MIN READEasyJet's board reached an agreement in principle July 5 to sell the budget carrier to U.S. investment firm Castlelake for £6.90 a share, but the deal drew criticism from analysts who said the board accepted the bid without mounting a full…
2026-07-07 · 3 MIN READBen Francis, the 34-year-old founder and CEO of Gymshark, is in discussions to buy back a portion of the 21% stake he sold to US private equity firm General Atlantic in 2020, according to reports. Francis is not seeking to repurchase the…
2026-07-03 · 3 MIN READSwimply, a platform that began in 2019, has recorded more than 275,000 reservations so far this year — a 50% increase from 2025 — and now lists pools in 150 cities, part of a small but growing number of Airbnb-style companies that let…
2026-07-03 · 4 MIN READNASA's Office of Inspector General released a report Thursday warning that Boeing's Starliner spacecraft faces unresolved technical challenges and that it is uncertain when or if the vehicle will be certified to carry astronauts to the…
2026-07-02 · 4 MIN READSpaceX's Starlink unit plans to target mobile phone subscribers in the U.S., aiming to challenge AT&T, Verizon, and T-Mobile, according to people familiar with the matter. The company has discussed building a ground network to support the…
2026-07-02 · 3 MIN READMcKinsey & Company on Wednesday appointed senior partner Andrew Pickersgill to the newly separate role of board chair and said it will reduce the size of its governing shareholders council, as the consulting giant continues to overhaul its…
2026-07-01 · 3 MIN READSyngenta Group Chief Executive Jeff Rowe will step down on Aug. 1 and be replaced by Chief Operating Officer Hengde Qin, the Swiss-based pesticide and seed company said Wednesday. Rowe, a fifth-generation Illinois farmer, led the company…
2026-07-01 · 3 MIN READComcast shares rose more than 7% on Monday after the company announced plans to split off NBCUniversal into a separate publicly traded company, unwinding a 15-year corporate combination. The S&P Media & Entertainment Group rose nearly 4%…
2026-06-30 · 3 MIN READDish DBS, the satellite pay-TV unit of Charlie Ergen's EchoStar broadcast empire, is preparing to file for Chapter 11 bankruptcy as early as Tuesday, according to people familiar with the matter.
2026-06-29 · 3 MIN READComcast said Monday it will separate its media and connectivity businesses, reversing its strategy of combining entertainment and distribution as competition intensifies in both sectors. Shares rose 7% to 8% in trading on the news.
2026-06-29 · 3 MIN READThe U.S. Navy has repeatedly requested additional repairs to a support ship undergoing maintenance at HJ Shipbuilding & Construction's Yeongdo shipyard in Busan, expanding the contract beyond its original scope, industry officials said…
2026-06-28 · 3 MIN READThe Wall Street Journal reported that Greenwater Services, a small Ohio water-treatment company that received a no-bid $1.7 million contract to clean the Lincoln Memorial Reflecting Pool, is partly owned by President Donald Trump's friend…
2026-06-28 · 4 MIN READMedian pay for chief executives of S&P 500 companies reached a new high in 2025, while nearly a dozen CEOs earned more than $200 million, according to The Wall Street Journal's annual CEO pay ranking. The analysis, based on data from…
2026-06-27 · 4 MIN READVerizon Communications won 82 spectrum licenses for $3.16 billion in the Federal Communications Commission's first spectrum auction in four years, which generated over $3.5 billion in total proceeds, the agency said Friday.
2026-06-26 · 3 MIN READThe Wall Street Journal reported Thursday that two women who were once front-runners to succeed JPMorgan Chase Chief Executive Jamie Dimon are no longer in contention, leaving two men as the leading candidates for one of the most closely…
2026-06-26 · 3 MIN READEvonik raised its 2026 earnings guidance Friday after price increases, higher sales volumes and cost reductions, lifting its adjusted EBITDA forecast to between €2.0 billion and €2.2 billion.
2026-06-26 · 3 MIN READExxon Mobil expects to complete its redomiciliation from New Jersey to Texas on July 1, the oil company said Tuesday. Separately, German energy company RWE closed a €3.6 billion deal to increase its stake in transmission grid operator…
2026-06-23 · 3 MIN READSemiconductor stocks with secular growth prospects appear undervalued relative to peers even as the broader chip sector's valuations have become stretched, Morningstar analyst Phelix Lee said in a note published June 23. The brokerage…
2026-06-23 · 3 MIN READCalifornia-based athleisure brand Vuori is betting Chinese consumers will spend on its premium workout clothes as part of a global expansion plan that positions it to challenge Lululemon and Alo Yoga overseas, the company said Tuesday.
2026-06-23 · 3 MIN READFilmmaker Rory Kennedy will release a sequel to her 2022 documentary “Downfall: The Case Against Boeing” after the death of whistleblower John Barnett, who took his own life in 2024 while in South Carolina for a deposition in his…
2026-06-23 · 3 MIN READEide Bailly, the 18th-largest U.S. accounting firm, has agreed to sell a majority stake to private-equity firm Reverence Capital Partners and co-investors in a deal valued at about $1.8 billion, people familiar with the matter said. The…
2026-06-23 · 4 MIN READThe US government is opposing a plan by RMS Titanic Inc to auction more than 100 artifacts salvaged from the wreck of the Titanic, according to newly unsealed court documents. The National Oceanic and Atmospheric Administration contends…
2026-06-22 · 3 MIN READAlimentation Couche-Tard reported a fourth-quarter profit of $863.4 million, up 96% from a year earlier, as same-store sales growth and higher fuel margins offset lower fuel volumes in the U.S. and Europe.
2026-06-22 · 3 MIN READDomino's Pizza on Monday named operations chief Joe Jordan as its next chief executive, tapping a company veteran to lead the world's largest pizza chain through a period of sluggish industry growth.
2026-06-22 · 3 MIN READWill Cathcart, who led WhatsApp for nearly seven years and grew the messaging platform to more than three billion users, is stepping down as head of the app. Kunal Shah, founder of Indian fintech startup Cred, will take over as WhatsApp's…
2026-06-22 · 3 MIN READAnalysts at Bernstein, Baader Helvea, and Macquarie issued fresh assessments on European and Australian energy companies Monday, citing power demand growth, higher commodity prices, and a recalibrated risk profile for Karoon Energy after a…
2026-06-22 · 3 MIN READTA Securities on Monday downgraded Malaysia's automotive sector rating to underweight from neutral, citing softer consumer sentiment, moderating order backlogs, and intensifying competition from Chinese car brands.
2026-06-22 · 3 MIN READAnalysts issued research notes Monday on a range of basic-materials companies, covering Symrise's growth outlook, PLS Group's expansion spending, Regis Resources' revived gold project, SGH's buyback signaling, and a new bull case for BCI…
2026-06-22 · 3 MIN READYum! Brands has agreed to sell the Pizza Hut chain for a total of $2.7 billion, according to a Wall Street Journal report published June 20. The deal splits the brand: private-equity firm LongRange Capital will acquire the U.S. and…
2026-06-20 · 3 MIN READGerald Shreiber, the entrepreneur who built a snack-food empire from a single bankrupt soft-pretzel company and made the SuperPretzel a staple of American stadiums, died May 9 at age 84, according to his family. Shreiber, who died after a…
2026-06-19 · 3 MIN READKorean Air Co. said Friday the cost of integrating Asiana Airlines Inc. could reach as high as 1 trillion won (US$654.02 million), with annual synergy savings expected to fully offset the expense by the end of 2028 or early 2029.
2026-06-19 · 3 MIN READRegional burger chains such as In-N-Out, Whataburger and Culver’s are growing faster than national heavyweights like McDonald’s and Burger King, according to industry data, even as the overall U.S. fast-food burger sector faces its weakest…
2026-06-19 · 3 MIN READSouth Korea's Gaon Cable has supplied transmission cables worth tens of millions of dollars to a solar power complex in the United States, the company said Thursday, as rapid construction of artificial intelligence data centers drives…
2026-06-18 · 3 MIN READAmanda Lacaze, the chief executive who turned Australian mining company Lynas from a near-bankrupt venture into one of the few Western rare-earths processors operating at scale, is leaving the company at the end of June. The 66-year-old…
2026-06-18 · 4 MIN READArgentina is preparing to launch South America's first citizenship-by-investment program, an initiative that would allow foreign nationals to obtain Argentine citizenship in exchange for significant investments, according to officials and…
2026-06-18 · 3 MIN READIn a Guardian op-ed published Thursday, corporate marketing executive Andrea Javor argued that the three-martini lunch, a much-mocked relic of mid-century American business, should be revived as a tool for rebuilding authentic workplace…
2026-06-18 · 3 MIN READCarMax's fiscal first-quarter profit fell to $185.6 million as price cuts compressed margins, but earnings and revenue both exceeded Wall Street expectations, signaling that the used-car retailer's turnaround efforts are gaining traction.
2026-06-17 · 3 MIN READGoldman Sachs and Morgan Stanley are forming separate banker teams for the dueling initial public offerings of OpenAI and Anthropic, an arrangement people familiar with the matter said is necessary to prevent information from flowing…
2026-06-17 · 3 MIN READPrivate-equity firm Arcline Investment Management has agreed to acquire data-visualization and printing technology company AstroNova for about $272 million, taking it private. Arcline will pay $29 in cash for each AstroNova share, a…
2026-06-17 · 3 MIN READTwo London-based dealmakers at Warburg Pincus are preparing to leave the U.S. buyout giant later this year to set up their own private-equity firm, according to people familiar with the situation.
2026-06-16 · 3 MIN READYum! Brands announced Tuesday it is selling its struggling Pizza Hut division in a deal valued at $2.7bn (£2bn). Private equity firm LongRange Capital will acquire the brand outside mainland China for $1.5bn, while Yum China Holdings will…
2026-06-16 · 3 MIN READTodd Lyons, who served as acting director of U.S. Immigration and Customs Enforcement from March 2025 to May 2026, has been hired by Navigators Security and Defense as senior vice president for U.S. homeland security and international…
2026-06-15 · 3 MIN READA California federal judge on Monday dismissed a lawsuit from Elon Musk's artificial-intelligence company xAI that accused OpenAI of attempting to steal trade secrets, ruling that xAI failed to provide evidence to support its claims.
2026-06-15 · 3 MIN READThe New York Jets and right guard Joe Tippmann have agreed to a four-year, $62 million contract extension, a league source told UPI on Monday. The deal includes $31 million in guaranteed money and keeps Tippmann under contract through the…
2026-06-15 · 3 MIN READFox Corp. is acquiring the streaming company Roku in a deal valued at around $22 billion, including debt. The combination will create the third-largest player in U.S. television by share of viewing, the companies said Monday.
2026-06-15 · 3 MIN READHyosung Heavy Industries, a South Korean power equipment manufacturer, plans to begin production of extra-high-voltage gas circuit breakers in Canonsburg, Pennsylvania, this October through a newly formed joint venture with a subsidiary of…
2026-06-14 · 3 MIN READAustralian pharmacy giant Sigma Healthcare has ended its pursuit of the UK drugstore chain Boots, saying the deal no longer met its strategic or capital-investment objectives.
2026-06-14 · 3 MIN READTicketmaster and the San Antonio Spurs moved to reassure New York Knicks fans that their tickets to Saturday's Game 5 of the NBA finals in San Antonio would be honored, after a Friday night report sparked a weekend of panic, outrage, and…
2026-06-13 · 5 MIN READSarah Longwell, a former Republican operative turned never-Trump media founder, has built the Bulwark into a profitable digital news outlet that has attracted investor interest from Melinda French Gates and Laurene Powell Jobs' Emerson…
2026-06-13 · 3 MIN READMcDonald's is expanding its beverage lineup with custom sodas and Red Bull energy drinks, a strategic shift that tests its seven-decade partnership with Coca-Cola as the burger chain seeks a larger share of the $100 billion global beverage…
2026-06-13 · 3 MIN READSpaceX began trading Friday on the Nasdaq under the ticker SPCX, opening at $150 a share and climbing past $176 by early afternoon, making the initial public offering the largest in history and pushing the company above a $2 trillion…
2026-06-12 · 3 MIN READFlutter Entertainment, the owner of FanDuel, PokerStars, and Paddy Power, announced Friday it will delist from the London Stock Exchange on July 31, making New York its sole trading venue. The company cited lower trading volumes and higher…
2026-06-12 · 3 MIN READCracker Barrel CEO Julie Felss Masino abandoned her original strategy to modernize the chain after a customer and social-media revolt, returning to traditional cooking and heritage merchandise. Shares surged as much as 35% after she…
2026-06-11 · 3 MIN READTim Höttges, chief executive of Deutsche Telekom, is pursuing what would be the largest public-company merger in history — combining the German telecom giant with its U.S. subsidiary T-Mobile US into a single $300 billion behemoth,…
2026-06-10 · 3 MIN READDavid Grutman, the founder of the hospitality empire behind Komodo and Groot Hospitality, said in an interview published June 10 that owning intellectual property is the most important factor in building wealth in the restaurant business,…
2026-06-10 · 4 MIN READ
