WSJ Company News feed
Updated: 1 hour 24 sec ago
A $2 billion Chicago-St. Louis project will offer a top speed of just 110 mph and shave an hour off the trip. Few people are expected to use it. One problem: having to share the track with freight railroads.
Cheniere Energy’s expected $18 billion deal to supply natural gas to China signals the company’s growing bet on the country, and China’s emergence as a top market for U.S. gas exporters.
Salesforce on Monday reported a stronger profit for the latest period and presented a bullish view on sales growth, targeting $26 billion to $28 billion in revenue by fiscal 2023.
Facebook and Instagram sued four companies and three people based in China for creating and selling fake accounts, likes and followers, according to a posting on the social media giant’s website.
At the mobile-phone industry’s premier trade show, two of the world’s three biggest makers lavishly displayed what they hope will be the smartphone of the future. The question is, will anyone buy it?
Purdue Pharma is working with advisers on a possible bankruptcy filing as it seeks to contain liability from suits alleging it fueled the U.S. opioid epidemic.
Venezuela’s U.S.-backed opposition leaders asked a federal appeals court to refrain from carving up the country’s foreign assets, saying their loss would hurt the chances of political change in Caracas.
Disney tweaked Robert Iger’s pay package, removing $13.5 million in potential salary and incentive awards available for the CEO after the company closes its acquisition of Fox assets.
AT&T started reorganizing its WarnerMedia unit by combining its disparate networks and entertainment businesses, an overhaul that is expected to lead to cost-cutting and layoffs.
Barrick Gold’s bid to acquire rival gold producer Newmont Mining centers on a plan to combine portfolios and operations in the state of Nevada.
Vale, the owner of a mine-waste dam that collapsed this year, killing more than 180 people, dismissed an auditor that refused to certify the dam as safe in September, according to an initial probe by police and prosecutors.
Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year.
U.S. and European trade negotiators, under growing domestic pressure over agriculture, are set to meet again this week as clashing demands threaten to rekindle a tit-for-tat economic war.
Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada.
Ray Kelvin, the founder and chief executive of British fashion retailer Ted Baker, has resigned with immediate effect following an investigation into his alleged misconduct.
China and the U.S. are close to completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions levied against Chinese products since last year.
Samsung has long made good hardware, and the Galaxy S10 is its best yet. But for the first time, the company also nailed the software.
Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.
Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.
Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.