Wall Street Journal

Microsoft Is Trying to Shed a Lot of Workers. Just Don’t Call It a Layoff

Microsoft Is Trying to Shed a Lot of Workers. Just Don’t Call It a Layoff

The tech giant is offering buyouts to 60,000 employees just as Skydance is also seeking volunteers to leave the company....

21 hours ago
Tata Motors Clears Key Hurdle in Iveco Takeover as Shareholders Back Buyout

Tata Motors Clears Key Hurdle in Iveco Takeover as Shareholders Back Buyout

The majority of Iveco shareholders tendered their shares for Tata Motors’ proposed takeover offer, valuing the Italian m...

22 hours ago
Reckitt Cuts Outlook After Lysol Issues Stunt North America Sales

Reckitt Cuts Outlook After Lysol Issues Stunt North America Sales

Like-for-like net revenue in North America fell 1.3%, but the company anticipates a rebound from Lysol and North America...

23 hours ago
Porsche Sticks to Guidance as Turnaround Efforts Begin to Pay Off

Porsche Sticks to Guidance as Turnaround Efforts Begin to Pay Off

The luxury sports-car maker said it continued to reap early benefits from a strategic reset....

23 hours ago
Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount

Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount

The Cronos project off Cyprus in the eastern Mediterranean lays the foundation for future drilling in the region, accord...

23 hours ago
Novartis Raises Guidance Despite Trial Setbacks Hitting Profit

Novartis Raises Guidance Despite Trial Setbacks Hitting Profit

The Swiss drugmaker cited solid sales growth and productivity gains, even as recent clinical-trial setbacks hit its bott...

1 day ago
HSBC Quarterly Profit Climbs, Plans $1 Billion Buyback

HSBC Quarterly Profit Climbs, Plans $1 Billion Buyback

The bank said quarterly results were supported by growth in banking net interest income and lower expected credit losses...

1 day ago
China’s Industrial Profit Growth Surged in September

China’s Industrial Profit Growth Surged in September

China’s industrial profit growth rose 14.4% from a year earlier in September, supported by strong gains in electronics a...

1 day ago
Jay-Z Announced as Super Bowl Halftime Star

Jay-Z Announced as Super Bowl Halftime Star

The rapper owns Roc Nation, the entertainment company that helps the NFL book the show....

1 day ago
America Needs Canada’s Aluminum. Trump’s Tariff Exposed Just How Badly.

America Needs Canada’s Aluminum. Trump’s Tariff Exposed Just How Badly.

Smelters in Quebec run on cheap hydroelectric power. The Trump administration’s 50% tariff has pushed up prices for Amer...

1 day ago
Weil Gotshal Leaders Spent Frantic Weekend Trying to Stabilize Law Firm

Weil Gotshal Leaders Spent Frantic Weekend Trying to Stabilize Law Firm

Leaders met all day Sunday and one recently reached out to restructuring counsel seeking guidance on options....

1 day ago
DoorDash Circles Deal to Buy Instacart

DoorDash Circles Deal to Buy Instacart

Plus, Brazilian markets crashed after Lula’s surprise election victory, and Florida is leading a battle against big tech...

1 day ago
Nucor Reports Higher Profit, Revenue on Steel Mills Strength

Nucor Reports Higher Profit, Revenue on Steel Mills Strength

The steel producer’s results were headlined by the steel mills segment, where earnings before income taxes and noncontro...

1 day ago
Whirlpool Heading for Full-Year Loss as Costs Mount and Sales Fall

Whirlpool Heading for Full-Year Loss as Costs Mount and Sales Fall

The appliance maker said higher raw material and fuel costs are compounding its problems....

1 day ago
Ben & Jerry’s Founders Have Been Exploring Deal With KKR Executive

Ben & Jerry’s Founders Have Been Exploring Deal With KKR Executive

The deal would separate the brand from Magnum, the ice cream company spun out of Unilever. But Magnum says Ben & Jer...

1 day ago
DoorDash Is in Advanced Talks to Acquire Delivery Rival Instacart

DoorDash Is in Advanced Talks to Acquire Delivery Rival Instacart

The deal could be completed as soon as this week, people familiar with the matter said....

1 day ago
JetBlue Shares in Tailspin as High Fuel Prices Threaten Turnaround

JetBlue Shares in Tailspin as High Fuel Prices Threaten Turnaround

Executives have said the airline remains confident in its strategy and sees progress in returning to profitability....

1 day ago
Microsoft Will Offer Buyouts to 60,000 Employees

Microsoft Will Offer Buyouts to 60,000 Employees

The software giant said the buyouts will be available to certain workers in the U.S., U.K., Canada and India....

1 day ago
Bon Secours Affiliate to Acquire Surgery Partners in $5.7 Billion Take-Private Deal

Bon Secours Affiliate to Acquire Surgery Partners in $5.7 Billion Take-Private Deal

Bain Capital-backed Surgery Partners operates through a network of ambulatory surgery centers, surgical hospitals and ph...

1 day ago
These Maps Show Why It’s So Hard to Recover the World’s Lost Fuel Supplies

These Maps Show Why It’s So Hard to Recover the World’s Lost Fuel Supplies

President Trump is grasping for ways to lower fuel prices ahead of the midterms, but refinery attacks have limited his o...

1 day ago
Meta Plans up to $95 Billion in Financing to Power Its AI Growth

Meta Plans up to $95 Billion in Financing to Power Its AI Growth

The Facebook parent said it would look to raise up to $95 billion to help fund its massive investments in artificial-int...

1 day ago
Banks Target Influencers Who Pursue Credit-Card Points a Little Too Far

Banks Target Influencers Who Pursue Credit-Card Points a Little Too Far

Plus, secrecy mixes with a studio’s unusual celebrity to make ‘You Can See Everything’ a smash....

1 day ago
Ciena’s Board Opts for Patience Amid Tech Upheavals

Ciena’s Board Opts for Patience Amid Tech Upheavals

Plus, the AI bet faces a new earnings test this week...

1 day ago
Frasers Group to Make Hugo Boss a Subsidiary After Taking Majority Ownership

Frasers Group to Make Hugo Boss a Subsidiary After Taking Majority Ownership

Frasers increased its stake in Hugo Boss just enough to achieve majority ownership, and said German premium-apparel comp...

1 day ago
FedEx Hires AutoZone’s Jamere Jackson as Chief Financial Officer

FedEx Hires AutoZone’s Jamere Jackson as Chief Financial Officer

FedEx has hired Jamere Jackson as the package-delivery giant’s new chief financial officer, plucking the executive from ...

1 day ago
Verizon Lifts Outlook, Inks Amazon Deal Worth More Than $2 Billion

Verizon Lifts Outlook, Inks Amazon Deal Worth More Than $2 Billion

Verizon boosted its full-year outlook again as it continues to attract new customers. The mobile carrier also signed an ...

1 day ago
The Morning Risk Report: Lula Wins Fourth Term in Brazil Election Upset

The Morning Risk Report: Lula Wins Fourth Term in Brazil Election Upset

Plus: Citi gets regulator nod for wholly owned securities venture in China and Tanker carrying Russian diesel signals U....

1 day ago
The Messy Fight Over California’s Proposed Billionaire Tax Divides Democrats

The Messy Fight Over California’s Proposed Billionaire Tax Divides Democrats

Plus, shoppers are convinced businesses are using AI to charge higher prices, and more U.S. manufacturing jobs require a...

1 day ago
This German Energy Giant Is an Overlooked AI Bargain

This German Energy Giant Is an Overlooked AI Bargain

Siemens Energy is outselling GE Vernova on gas turbines....

1 day ago
Saudi Arabia’s Sabic Profit Rises Despite Lower Sales Volume

Saudi Arabia’s Sabic Profit Rises Despite Lower Sales Volume

The company—one of the world’s largest petrochemical manufacturers—reported an increase in net profit even as regional s...

1 day ago
Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy, Saudi Attacks

Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy, Saudi Attacks

Prices pulled back from recent highs as traders weighed diplomatic efforts to ease U.S.-Iran hostilities against renewed...

1 day ago
Galp Raises Full-Year View After Oil-Price Assumption Increase

Galp Raises Full-Year View After Oil-Price Assumption Increase

The company now sees Brent at $90 a barrel over the full year, up from $80 and its full-year refining margin at around $...

1 day ago
Death Threats, Lawsuits and Billions in Play: The Battle Over Moving Russian Oil

Death Threats, Lawsuits and Billions in Play: The Battle Over Moving Russian Oil

A former Deutsche Bank executive got into business with the kingpins of Russia’s shadow fleet. Then it all went south....

2 days ago
Why So Many Shoppers Think Retailers Are Using AI to Jack Up Prices

Why So Many Shoppers Think Retailers Are Using AI to Jack Up Prices

Walmart, McDonald’s and other companies have dismissed concerns that they are raising prices based on who is buying or s...

2 days ago
Ingenia Removes Warburg Pincus From Data Room Following Rival $1.55B Offer

Ingenia Removes Warburg Pincus From Data Room Following Rival $1.55B Offer

The retirement-village operator revoked Warburg Pincus’s data-room access after it received a US$1.55 billion takeover o...

2 days ago
U.S. Manufacturing Is Adding Jobs Again, but the Hiring Rules Have Changed

U.S. Manufacturing Is Adding Jobs Again, but the Hiring Rules Have Changed

While factory employment is on the rise, a shift toward high-tech automation is creating roles with greater barriers to ...

2 days ago
Opinion | Democrats Are Coming for the CEOs

Opinion | Democrats Are Coming for the CEOs

Anyone who donated to Trump needs to prepare to be investigated....

2 days ago
Pints Alone Won’t Save the British Pub. Activate the Knitting Circle.

Pints Alone Won’t Save the British Pub. Activate the Knitting Circle.

The country’s bars are exploring some of the more niche needs of their communities, seeking revenue to cope with rising ...

2 days ago