TAG · Economy
Latin American airlines are confronting a sharp increase in fuel costs that industry leaders say could feed into higher fares and limit tourism growth. Fuel accounted for 38% of airlines' operating costs in the second quarter of 2026, up…
2026-10-20 · 3 MIN READBritish fashion retailer ME+EM reported a 24% rise in revenue for the 12 months through Sept. 26 to $284 million, with U.S. sales increasing 48% to $111 million, according to results seen by The Wall Street Journal. ME+EM said sales…
2026-10-20 · 3 MIN READNetflix replaced content chief Bela Bajaria and film chief Dan Lin within five days. Bajaria was removed hours after a layoff of roughly 1,000 employees she helped engineer, while Lin's departure was announced Monday.
2026-10-19 · 3 MIN READSilgan Holdings has agreed to combine with Trivium Packaging in an all-cash transaction valuing Trivium at about $3.4 billion including debt, the two companies said Monday. Under the deal, Silgan will merge its Metal Containers segment and…
2026-10-19 · 3 MIN READElon Musk pledged Monday to gift one SpaceX share to every child in America next year, a distribution that could be worth roughly $10 billion at Friday's closing price and U.S. Census Bureau data on children under 18. The announcement…
2026-10-19 · 3 MIN READThe Wall Street Journal reported that the State of Wisconsin Investment Board and the Public Employees Retirement Association of New Mexico have fully redeemed their investments in Two Sigma, the $85 billion quantitative-trading firm…
2026-10-19 · 5 MIN READNvidia released three new open AI models Thursday as part of its Nemotron family, aimed at helping companies build a variety of AI agents. Meta Platforms said Thursday it was releasing a new open-weight AI model and announced a…
2026-10-16 · 3 MIN READSwitzerland's Federal Administrative Court has overturned an 18 million Swiss franc ($21.6 million) antitrust fine against telecommunications operator Swisscom over its fiber-optic network expansion, ruling late Tuesday that the company…
2026-10-14 · 3 MIN READNetflix projects 2026 revenue of $51 billion to $51.4 billion — a 13% to 14% increase over the prior year — and an operating margin of 31.5%. Separately, a merger between Paramount and Warner Bros. Discovery is producing Skydance, which…
2026-10-14 · 3 MIN READDavid's Bridal, the 76-year-old wedding-dress retailer, has built an AI agent named Pearl that books vendors and adjusts planning timelines when couples change dates — part of what Chief Executive Kelly Cook described as a…
2026-10-14 · 3 MIN READSix Flags Entertainment has temporarily closed 10 roller coasters after a 42-year-old Georgia teacher was killed in a fall from the Goliath ride at Six Flags Over Georgia, the company said. Cobb County Police and the Georgia Insurance and…
2026-10-14 · 3 MIN READNPR has linked nationwide consumer complaints about thousands of dollars in unexpected charges and purchases they can't return at skincare stores to Mazal Group, a California-based company run by a family originally from Israel that…
2026-10-14 · 4 MIN READNvidia-backed cloud-computing company Firmus Grid has scrapped plans for what would have been Australia's largest initial public offering in almost 30 years, withdrawing its application to list on the Australian Securities Exchange on…
2026-10-08 · 4 MIN READThe Nobel committee used an ice cream menu projected on screen Monday to illustrate the price-stickiness insight that earned Robert Hall of Stanford University and Michael Woodford of Columbia University the 2026 economics prize. Stockholm…
2026-10-13 · 4 MIN READ
AT&T said Tuesday it has agreed to sell its Mexican wireless business to a consortium of Grupo Televisa and Fintech Holdings for $2 billion in cash plus additional contractual and contingent benefits. The transaction, announced Oct. 13,…
2026-10-13 · 4 MIN READAlbertsons Executive Chair Meg Whitman said "everything should be on the table" Tuesday as the grocery chain reported second-quarter profit of $52 million, down from $169 million a year earlier, and pulled its full-year forecast. Whitman,…
2026-10-13 · 6 MIN READApple on Tuesday unveiled a new lineup of smart home products at an event in New York City, anchored by the HomeView — a $299 iPad-like hub with a 7-inch screen and face recognition that the company said would control doorbells,…
2026-10-13 · 3 MIN READA Wharton School and GBK Collective survey of 1,416 U.S. enterprise leaders and entry- and mid-level employees found that daily AI use among managers and above climbed 16 percentage points to 62% in the past year, even as caution and…
2026-10-13 · 3 MIN READShares in dating app company Bumble rose almost 50% on Monday after the Wall Street Journal reported that technology holding company Ithaca is in advanced talks to buy the Texas-based firm for around $1bn (£757m). The rally pushed Bumble's…
2026-10-13 · 3 MIN READTom Cruise's latest film "Digger" is forecast to lose around $245m (£185m) after ticket sales dropped roughly 60% in the film's second weekend in theaters, according to Hollywood analysts cited by the BBC. The satirical black comedy, in…
2026-10-12 · 3 MIN READU.S. charging companies are on track to install about as many public electric-vehicle plugs this year as in 2025, the industry's record year, even as EV sales in the U.S. have fallen by half compared with last year, according to The Wall…
2026-10-11 · 4 MIN READThe Wall Street Journal published a guide Sunday, Oct. 11, for keeping home security cameras safe from hackers, who the paper says constantly try to break into the increasingly popular devices — sometimes, according to a Journal visual…
2026-10-11 · 3 MIN READChinese automaker Geely plans to begin selling vehicles in Canada in 2027, the company said Friday, stepping into a market that has lowered tariffs on Chinese-made electric vehicles while the United States has kept them out through high…
2026-10-09 · 3 MIN READUnited Airlines said Friday its flyers will be able to watch almost every Major League Baseball playoff game via DISH streaming supported by Starlink, the connectivity business of Elon Musk's SpaceX, the same day Delta Air Lines CEO Ed…
2026-10-09 · 6 MIN READChina and the European Union said they reached an understanding on trade in hybrid vehicles in compliance with World Trade Organization rules, following Friday meetings in Beijing between the EU's top trade negotiator and his Chinese…
2026-10-09 · 3 MIN READWalmart is installing small wheeled robots equipped with motion and obstacle sensors across more than a dozen of its warehouses, part of a decade-long, multibillion-dollar campaign to automate the company's distribution network, according…
2026-10-09 · 3 MIN READSpaceX acquired a nationwide low-band spectrum license portfolio it said would let Starlink Mobile become a major mobile carrier in the United States, sending shares of Verizon, AT&T and T-Mobile sharply lower on Thursday.
2026-10-09 · 3 MIN READStarbucks has worked with advisers on a takeover proposal for Chipotle Mexican Grill, the Financial Times reported Thursday, citing people familiar with the matter. The potential deal would reunite Starbucks chief executive Brian Niccol…
2026-10-08 · 4 MIN READSeven & i Holdings, the Japanese owner of 7-Eleven, reported a 12% decline in second-quarter net profit on Thursday, as weakness at its domestic convenience-store business outweighed stronger fuel-driven earnings at its North American…
2026-10-08 · 3 MIN READSpotify has renewed its multiyear partnership with podcaster Joe Rogan, securing licensing rights and ad sales for "The Joe Rogan Experience" on terms similar to the prior deal, which had an estimated earnout of $250 million, according to…
2026-10-08 · 4 MIN READDavid Bailey, professor of business economics at the University of Birmingham, said Jaguar's new Type 01 electric car represents 'make or break' for the brand, calling JLR's reinvention of Jaguar as a luxury electric brand 'a big gamble.'…
2026-10-08 · 4 MIN READMelody Lee, the chief marketing officer of Mercedes-Benz USA, said she reframed her department's work as an "infinity loop" rather than a traditional marketing funnel, in remarks published Wednesday in Nat Ives' CMO Today newsletter. Lee…
2026-10-07 · 4 MIN READTesla is scheduled to debut its long-delayed Roadster supercar on Oct. 15 in Waco, Texas, nearly nine years after the vehicle was first unveiled in November 2017. The company has accepted deposits of $50,000 or more from reservation…
2026-10-07 · 3 MIN READFrasers Group, the British retail company founded by billionaire Mike Ashley, acquired an 8.8% stake in Baltimore-based Under Armour, buying 16.6 million shares according to a regulatory filing reviewed by The Wall Street Journal. The…
2026-10-07 · 4 MIN READDavid Ellison's $81 billion deal to combine Paramount and Warner Bros. Discovery officially closed Tuesday, The Wall Street Journal reported. To secure the merger, Ellison waged a months-long campaign that included pushing the antitrust…
2026-10-07 · 4 MIN READParamount Skydance and Warner Bros. Discovery completed their $111 billion merger on Tuesday, creating a combined media company named Skydance that will oversee CBS, CNN, Comedy Central, MTV, TBS, Paramount+ and HBO Max.
2026-10-06 · 3 MIN READAmazon Prime Video has secured exclusive global rights to stream the annual Emmy Awards under a six-year deal beginning in 2027, the BBC reported Monday, ending a decades-long rotation that has placed the ceremony on major US broadcast…
2026-10-06 · 4 MIN READC.H. Robinson Worldwide, the largest US freight broker, is acquiring rival RXO in a stock-and-cash transaction valued at $5.8 billion, according to The Wall Street Journal. The deal would create a logistics company with an enterprise value…
2026-10-06 · 3 MIN READKrishna Srinivasan, the International Monetary Fund''s top Asia official, argues in a new fund book that China''s growth model has ''largely run its course.'' The Wall Street Journal''s chief China correspondent, Lingling Wei, ties that…
2026-10-06 · 3 MIN READLamb Weston on Tuesday reported fiscal first-quarter results that topped analyst expectations and raised its fiscal 2027 guidance, with North America sales climbing 5.2% while international sales fell 8%. The french-fry maker posted net…
2026-10-06 · 4 MIN READKKR said late Monday it agreed to acquire Gen II, a New York-based fund administrator that provides tax, compliance and other back-office services to private-capital funds, in a transaction valuing the business at roughly $5 billion…
2026-10-06 · 3 MIN READThe Wall Street Journal published a video feature on Monday framing Warner Bros. as having moved from "the hottest studio in Hollywood" to "another victim of the streaming wars," hosted by entertainment industry reporter Ben Fritz. Warner…
2026-10-05 · 3 MIN READFrench industrial group Schneider Electric agreed Monday to buy U.S. industrial-software maker PTC in an all-cash transaction valued at $22.6 billion, offering $205 per share — a 42% premium to PTC's last closing price. The acquisition…
2026-10-05 · 4 MIN READRep. Becca Balint, D-Vt., called on the Federal Trade Commission to investigate 7-Eleven and Circle K after a Guardian investigation found the chains frequently charge more at the register than the prices on shelves, prompting four other…
2026-10-03 · 4 MIN READParamount CEO David Ellison said Friday the newly combined company of Paramount and Warner Bros. Discovery will be named Skydance, with the $81 billion deal expected to close Tuesday. The combination brings together CBS, HBO, CNN, two…
2026-10-03 · 3 MIN READParamount Chief Executive David Ellison said Friday he will rename his combined company Skydance after completing the $81 billion acquisition of Warner Bros. Discovery. A federal judge approved Paramount's settlement with 12 state…
2026-10-02 · 3 MIN READTesla sold 486,532 electric vehicles globally in the third quarter, down 2% from a year earlier and reversing two quarters of growth from the first half of the year, the company said Friday. The result beat the analyst consensus of 461,000…
2026-10-02 · 4 MIN READRaytheon, an RTX business, was awarded a U.S. Navy contract valued at up to $24.4 billion to supply Standard Missile-6 interceptors, the company said. The agreement runs an initial five-year term and includes two additional option years.
2026-10-01 · 3 MIN READAmerican car buyers are rediscovering smaller, budget-conscious vehicles as overall U.S. new-vehicle sales are expected to dip in the third quarter, according to The Wall Street Journal. General Motors, the top-selling U.S. automaker,…
2026-10-01 · 4 MIN READParamount's $110 billion takeover of Warner Bros. Discovery could be finalized next week, CNN reported Wednesday, with the name of the new business announced as soon as Thursday. A federal judge approved a Paramount Skydance antitrust…
2026-09-30 · 4 MIN READMattel Chief Executive Ynon Kreiz has been tapped to serve as co-CEO of the combined Paramount-Warner Bros. Discovery once the $81 billion deal closes, Paramount said Wednesday. David Ellison will remain chairman and CEO of the merged…
2026-09-30 · 6 MIN READOpenAI launched Dot, an always-on AI agent built on its GPT-6 Astra model, a day after shelving the planned GPT-6.1 Astra upgrade over safety concerns, the Wall Street Journal reported Wednesday. Dot runs in the cloud after users log off…
2026-09-30 · 3 MIN READThe German Federal Court on Wednesday dismissed an appeal from a group of hedge funds seeking approximately 5.4 billion euros ($6.12 billion) in damages from Porsche Automobil Holding SE over the holding company's failed 2008 attempt to…
2026-09-30 · 3 MIN READSmart-ring maker Oura postponed its planned initial public offering on Tuesday, citing market uncertainty despite what the company described as strong investor demand. The San Francisco-based company had been aiming to list on the Nasdaq…
2026-09-29 · 3 MIN READCarMax reported second-quarter net earnings of $165.3 million, or $1.16 a share, for the three months ended Aug. 31, up from $95.4 million a year earlier and ahead of analyst expectations of 73 cents per share.
2026-09-29 · 3 MIN READAlaska Airlines will add a new premium-economy section called Premium Reserve and new lie-flat "Aurora suites" for international business-class routes, plus a 41,000-square-foot lounge in Seattle. The Seattle-based carrier said the…
2026-09-29 · 3 MIN READPiper Sandler has been in talks to combine with Perella Weinberg Partners in a deal that would join two Wall Street firms known for their dealmaking, according to people familiar with the matter. Piper Sandler, with a market value of…
2026-09-29 · 3 MIN READPresident Trump is set to announce Mesabi Metallics' $15 billion plan to build a steel mill in eastern Iowa at a White House event Monday afternoon, with steelmaking potentially beginning in 2030. The Minnesota-based company, part of…
2026-09-28 · 4 MIN READGold fell 3.1% to $4,188 an ounce and silver dropped 4.2% to around $62 an ounce Monday as higher fuel costs fueled expectations of another U.S. Federal Reserve rate hike to contain inflation. Canadian gold producers led decliners in…
2026-09-28 · 4 MIN READAdobe's analytics division projects U.S. online holiday sales will reach $275.1 billion between Nov. 1 and Dec. 31, up 6.7% from last year. The forecast assumes consumers will continue to shop earlier in the season and to stock up on…
2026-09-28 · 3 MIN READNvidia said Monday that its board approved a $150 billion increase to the chip maker's share-repurchase program, bringing total buyback authorization to $235 billion, according to The Wall Street Journal. The new authorization is the…
2026-09-28 · 3 MIN READNorthern Star Resources Ltd. has rejected a takeover proposal from South Africa's Gold Fields Ltd. that valued the Australian gold miner's equity at approximately US$27.2 billion, Chairman Michael Chaney said Monday. The miner called the…
2026-09-28 · 3 MIN READWarburg Pincus has raised its indicative cash offer for Australia's Ingenia Communities to US$1.50 billion, the New York-based private-equity firm told the retirement village and holiday-park operator in a revised proposal Ingenia…
2026-09-28 · 3 MIN READLime Technologies, the UK arm of US-based rental e-bike and e-scooter operator Lime, reported 2025 profits of £4.7m, more than double £1.7m a year earlier, according to accounts filed at Companies House and first reported by the Sunday…
2026-09-27 · 3 MIN READA global bond sell-off deepened on September 24 as US government borrowing costs rose for a second consecutive session, following a flash business survey released the previous day that showed American activity expanding at the fastest pace…
2026-09-24 · 3 MIN READBlue Origin, the space company Jeff Bezos founded in 2000, has raised $10 billion in its first-ever capital round that includes outside investors, valuing the company at $140 billion, according to documents reviewed by The Wall Street…
2026-09-24 · 3 MIN READPeloton is considering moving some production of its bikes and treadmills closer to the United States to make its supply chain more flexible and resilient, according to Chief Operating Officer Charles Kirol. Kirol spoke at a Dow Jones Risk…
2026-09-24 · 3 MIN READBarry Diller said Wednesday that he is withdrawing his $12.4 billion bid for MGM Resorts, ending months of discussions with the company, according to The Wall Street Journal.
2026-09-23 · 3 MIN READSen. John Curtis of Utah sent a letter Tuesday to the Senate Judiciary Committee requesting an investigation into Donald Trump Jr. following reports that a Russian businessman with ties to the Kremlin paid for his wedding afterparty in the…
2026-09-22 · 3 MIN READBritish Columbia filed a lawsuit against OpenAI and Chief Executive Sam Altman on Monday, alleging safety violations tied to the Tumbler Ridge mass school shooting that killed eight people. The suit accuses the company of designing an…
2026-09-22 · 3 MIN READSamsung Electronics is expected to allocate 40 percent of its DRAM production capacity to high-bandwidth memory chips used in artificial-intelligence applications in 2027, up from 27 percent in 2025, according to KB Securities analysts led…
2026-09-22 · 4 MIN READParamount and a coalition of 12 state attorneys general led by California Attorney General Rob Bonta reached a settlement Monday in the antitrust suit seeking to block Paramount's $81 billion merger with Warner Bros. Discovery, clearing…
2026-09-22 · 4 MIN READA subset of early-stage startup founders is using artificial intelligence to keep their companies as small as possible — some eliminating roles, others cutting ties with contractors and agencies, The Wall Street Journal reported. LinkedIn…
2026-09-22 · 4 MIN READCanadian Finance Minister François-Philippe Champagne has urged the United Kingdom to "team up" with a proposed economic alliance between Canada and the European Union, citing shared values amid changes to the global trading environment…
2026-09-21 · 3 MIN READThe daily cost of hiring a very large crude carrier to load inside the Persian Gulf and transit the Strait of Hormuz topped $1 million earlier this month, the highest such rate on record, according to maritime intelligence firm Windward,…
2026-09-21 · 4 MIN READParamount and California Attorney General Rob Bonta's office have discussed a $1.5 billion investment by Paramount in California production as part of advanced settlement negotiations over the company's $81 billion merger with Warner Bros.…
2026-09-21 · 5 MIN READMeta's new artificial intelligence agent, Muse, jumped to the top of Apple's App Store on Monday, sending shares of the Facebook parent company up 11% — its largest one-day percentage gain in more than a year, The Wall Street Journal…
2026-09-21 · 4 MIN READMeta shares climbed 12% intraday on Monday after the app to access its new AI assistant, Muse, reached No. 1 on Apple's App Store, with Sensor Tower separately identifying Muse as the most-downloaded free iPhone app in the United States.…
2026-09-21 · 4 MIN READBayer has agreed to sell the rights to its cancer drug Stivarga to Germany's Gruenenthal Group for up to 375 million euros ($430.7 million), the acquirer said Monday. The drug, approved to treat advanced forms of metastatic colorectal…
2026-09-21 · 3 MIN READ
