Wall Street Journal

Sweden’s Boliden to Buy Majority Stake in Zinc Producer Nexa Resources for $1.3 Billion

Sweden’s Boliden to Buy Majority Stake in Zinc Producer Nexa Resources for $1.3 Billion

The deal follows discussions disclosed earlier this year and sees the Swedish miner buy Votorantim’s a near 65% stake in...

20 minutes ago
Delivery Hero Lifts Guidance on Increased Growth

Delivery Hero Lifts Guidance on Increased Growth

The company now projects on-year like-for-like group revenue growth of 17% to 19%, up from 14% to 16% previously....

26 minutes ago
Harmony Gold’s Earnings Rise on Higher Gold Prices

Harmony Gold’s Earnings Rise on Higher Gold Prices

The South African miner’s headline earnings per share rose 87%....

1 hour ago
Pernod Ricard Warns Weak U.S. Drinking to Keep Clipping Sales Growth

Pernod Ricard Warns Weak U.S. Drinking to Keep Clipping Sales Growth

Sales growth was dragged by sharp organic declines of 14% and 19%, respectively, in the group’s key U.S. and Chinese mar...

1 hour ago
AI Startup DeepSeek Poised to Reach $74 Billion Valuation

AI Startup DeepSeek Poised to Reach $74 Billion Valuation

The Hangzhou-based company is seeking to raise funding to bankroll research and development, and its expansion into comp...

1 hour ago
Qantas Profit Falls as Fuel Costs Surge on Iran Conflict

Qantas Profit Falls as Fuel Costs Surge on Iran Conflict

Australia’s largest airline warned that the financial hit of elevated fuel prices will extend into its current fiscal ye...

6 hours ago
HP Revenue Rises as Higher Prices Offset Fewer PC Sales

HP Revenue Rises as Higher Prices Offset Fewer PC Sales

The printer and computer maker reported higher revenue in the third quarter, but logged lower sales volumes in its perso...

7 hours ago
Here Are the Business Executives Who Have Mamdani’s Ear

Here Are the Business Executives Who Have Mamdani’s Ear

New York City Mayor Zohran Mamdani is expected to unveil on Thursday a new business advisory council....

8 hours ago
Google Moves AI-Responsibility Team Out of DeepMind Lab in Latest Shake-Up

Google Moves AI-Responsibility Team Out of DeepMind Lab in Latest Shake-Up

Researchers have raised concerns about the change’s effect on their independence and ability to detect threats from newe...

8 hours ago
Nvidia’s Blowout Second Quarter Leaves Investors Unmoved

Nvidia’s Blowout Second Quarter Leaves Investors Unmoved

The chips giant posted record sales of $96.2 billion, beating estimates by 4%, but its stock fell slightly amid market j...

10 hours ago
Okta Lifts Full-Year Outlook as AI Agents Spur Demand

Okta Lifts Full-Year Outlook as AI Agents Spur Demand

The identity management and security company now expects full-year revenue of $3.22 billion to $3.23 billion, up from it...

10 hours ago
Salesforce Profit, Revenue Rise, Expands Partnership with Anthropic’s Claude

Salesforce Profit, Revenue Rise, Expands Partnership with Anthropic’s Claude

The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a...

10 hours ago
The Latest Viral AI Assistant Rocketing Across Silicon Valley

The Latest Viral AI Assistant Rocketing Across Silicon Valley

The buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but so...

13 hours ago
U.S. Crude Oil Inventories See Modest Weekly Build

U.S. Crude Oil Inventories See Modest Weekly Build

Commercial crude oil stockpiles, excluding the Strategic Petroleum Reserve, rose by 95,000 barrels to 428.9 million barr...

15 hours ago
U.S. Durable-Goods Orders Rose More than Expected in July

U.S. Durable-Goods Orders Rose More than Expected in July

Total orders for durable goods—which comprise goods meant to last three years or more—increased in July by 1.1% to $339....

18 hours ago
Creator-First Answer Engine Optimization Takes the Stage

Creator-First Answer Engine Optimization Takes the Stage

Plus, Dick’s increases promotions to stay competitive with rivals....

18 hours ago
Abercrombie Lifts Outlook as Profit, Sales Rise

Abercrombie Lifts Outlook as Profit, Sales Rise

Abercrombie & Fitch raised its outlook for the year after logging higher second-quarter profit and sales, driven by ...

19 hours ago
Kohl’s Profit, Sales Fall Despite Tariff Refund Boost

Kohl’s Profit, Sales Fall Despite Tariff Refund Boost

Kohl’s recorded lower profit and sales in the second quarter, but raised its outlook thanks to a boost from tariff refun...

19 hours ago
J.M. Smucker Lifts Outlook, Swings to Profit as Sales Climb

J.M. Smucker Lifts Outlook, Swings to Profit as Sales Climb

The owner of Jif peanut butter and Folgers coffee said it now expects net sales to decline 1% to 2% in its fiscal 2027, ...

19 hours ago
Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal

Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal

The world’s second-biggest investment firm is making a bigger push into financial advice....

19 hours ago
Dubai Airport Traffic Falls in Second Quarter, but Recovery Builds Through June

Dubai Airport Traffic Falls in Second Quarter, but Recovery Builds Through June

Passenger traffic at Dubai International—one of the world’s busiest international aviation hubs—fell 30% as the Iran war...

19 hours ago
Bath & Body Works Raises Earnings Outlook on Higher Profit

Bath & Body Works Raises Earnings Outlook on Higher Profit

The soaps and fragrances retailer said it now expects annual adjusted earnings per share to be $2.60 to $2.80, up from p...

19 hours ago
Intuit’s CFO on the Tough Choice to Lower Guidance

Intuit’s CFO on the Tough Choice to Lower Guidance

Plus, Canada retaliates with new duties, ranging from 15% to 50% on about $20 billion of goods....

19 hours ago
The Morning Risk Report: Bessent’s D-Day Unlikely to Be Game Changer

The Morning Risk Report: Bessent’s D-Day Unlikely to Be Game Changer

Plus: Executives admit FIFA bribes; Canada’s tariff targets....

20 hours ago
China’s Li Auto Posts Another Loss on Subdued Demand

China’s Li Auto Posts Another Loss on Subdued Demand

The Nasdaq-listed automaker reported a second consecutive quarter of losses, even as it tried to spur demand by launchin...

20 hours ago
The AI Prodigy Who Won Over Silicon Valley—and Lost $45 Billion

The AI Prodigy Who Won Over Silicon Valley—and Lost $45 Billion

Plus, we catch up with pop’s breakout star Olivia Dean and take you behind the scenes of our latest reporting on Flock c...

21 hours ago
Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening

Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening

Oil prices fell for a third straight day after Iran and Oman discussed establishing a temporary shipping route to tempor...

21 hours ago
Detroit Needs Canada More Than the Rest of the U.S. Does

Detroit Needs Canada More Than the Rest of the U.S. Does

President Trump is threatening to escalate tariffs on vehicles imported from Canada to 50%, adding more chaos to an indu...

21 hours ago
Siemens Energy Plans to Spin Off Transformation of Industry Unit

Siemens Energy Plans to Spin Off Transformation of Industry Unit

The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to...

1 day ago
XPeng Bets Robots Will Be More Profitable Than Its Cars

XPeng Bets Robots Will Be More Profitable Than Its Cars

XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business....

1 day ago
How the Iranian Shahed Drone Transformed War—With China’s Help

How the Iranian Shahed Drone Transformed War—With China’s Help

The rapid rise of cheap one-way attack drones was made possible by a complex global supply chain that keeps leading back...

1 day ago
Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies

Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies

The Trump administration has been probing major U.S. companies under a novel use of a federal law meant to police federa...

1 day ago
Anthropic Thinks Its Potential Revenue Is Greater Than SpaceX’s

Anthropic Thinks Its Potential Revenue Is Greater Than SpaceX’s

Plus, the CIA director visits Russia and Canada hits back with retaliatory tariffs....

1 day ago
Zoom Communications Revenue Rises on Enterprise Growth

Zoom Communications Revenue Rises on Enterprise Growth

The video conferencing company also bumped up its guidance for the year. However, its earnings guidance for the current ...

1 day ago
California Attorney General Ramps Up Criticism of Paramount

California Attorney General Ramps Up Criticism of Paramount

Rob Bonta said Paramount is more focused on the “court of public opinion” than the court of law in the Warner merger fig...

1 day ago
Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users

Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users

The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as it recorded a ...

1 day ago
Opinion | Don’t Blame the Jones Act for California’s Energy Costs

Opinion | Don’t Blame the Jones Act for California’s Energy Costs

The Golden State’s policies are the real culprit....

1 day ago
Officials Played Down Risks in Ohio Train Disaster, Residents Now Say

Officials Played Down Risks in Ohio Train Disaster, Residents Now Say

Newly released government documents raise questions about what the public was told about health risks after 2023 Norfolk...

1 day ago
SpaceX Rockets Are Coming to Coastal Louisiana, and Locals Are Divided

SpaceX Rockets Are Coming to Coastal Louisiana, and Locals Are Divided

A launch site and $100 billion capital investment are primed to transform an area known for duck hunting....

1 day ago