Wall Street Journal
Oil Majors’ Quarterly Earnings in Spotlight With Refineries Set to Gain
Tightness in global fuel markets is driving refining margins to all-time highs, making refineries a key earnings driver ...
SK Hynix Pauses IPO of Memory-Chip Unit as AI Valuation Fears Mount
The decision to pull Solidigm’s U.S. public debut comes amid deepening investor caution toward artificial-intelligence v...
Shares in Gucci-Parent Kering Plunge as Hoped-For Recovery Keeps Receding
The French luxury-fashion house’s sales fell on a 6% drop at Gucci that makes up not far from half of the group’s revenu...
Oil Prices Rise as Middle East Risks Persist
Brent climbed above $114 as traders weighed the risk of renewed U.S.-Iran hostilities and further attacks on Saudi energ...
Eni Shareholders Set for Cash Boost After Earnings Double
The company kicked off earnings season for energy majors with an extraordinary dividend and buyback hike on exceptional ...
Volvo Car to Cut 2,500 Jobs as Part of Plan to Cut Costs Further
The carmaker—majority-owned by China’s Zhejiang Geely Holding Group—said it needed to reinforce its turnaround plan with...
Safran Confirms Guidance as Revenue Jumps
The French aerospace-industry supplier said the metric was pushed higher by double-digit growth across its propulsion an...
See How Airlines Are Navigating the Dangerous Skies to Avoid Global Conflicts
Deadly global conflicts have completely disrupted civil aviation, leaving options for safe journeys fewer and farther be...
I Took America’s Cheapest EV Into the Charging Desert of the Deep South
Readers challenged our columnist to take an affordable electric car on a route with less-than-ideal charging options. He...
Iran Threatens Wider Strikes on Economic and Civilian Targets if U.S. Attacks
Tehran retains missile and drone stockpiles, and Washington is trying to move more servicemembers and diplomatic staff o...
Weil Gotshal Bleeds More Top Lawyers as It Holds Merger Talks
Partners are leaving for rivals including Sidley Austin and Davis Polk, increasing pressure on the law firm to secure it...
Boston Beer Logs Lower Profit, Revenue Amid Bleak Beer Market
The brewer posted a third-quarter profit of $43.2 million, down from $46.2 million a year earlier, as demand for beer co...
Opinion | New Mexico Tries to Censor Meta
A judge and the state AG say Facebook didn’t block enough political speech....
Opinion | U.K. Labour’s Ceasefire in the War on Gas
Even parts of the European left now admit they need fossil fuels....
Sallie Mae Cuts Full-Year View After Logging Higher Charge-Offs
The private student loan company, formally SLM Corp., now expects earnings per share for the year to be $1.95 to $2.05, ...
Trump Spoke to Musk About Ending Ukraine’s Starlink Speed Caps
Plus, the DOJ is reviewing allegations against a former Homeland Security adviser, and Meta’s hunt to fund its AI build-...
Newmont Logs Higher Profit, Revenue on Higher Gold Sales
The gold producer posted a third-quarter profit of $2.48 billion, up from $1.83 billion a year earlier....
Deckers Cuts Sales Outlook Amid Slower Hoka, Ugg Growth
The company now expects annual sales to be $5.7 billion to $5.73 billion as it projects slower growth for its Hoka sneak...
Western Digital Profit Grows on Data Storage Demand
The company reported a profit of $1.78 billion in the fiscal first quarter, driven by continued data storage demand and ...
Trump Must Sit for Deposition in BBC Lawsuit, Judge Orders
The president sued the broadcaster for defamation over its editing of his speech in a documentary about Jan. 6, 2021....
Inside the U.S. Push to Put Nuclear Reactors in Ports and on Cargo Ships
Federal agencies are teaming up with startups to deploy floating power barges and nuclear cargo fleets....
Kering’s Sales Lose Steam in Struggling Luxury Market
The owner of Gucci, Bottega Veneta and other high-end labels booked a 1% decrease in revenue as the luxury market contin...
Nippon’s U.S. Steel to Invest Nearly $3 Billion in Hot Strip Mill Near Pittsburgh
U.S. Steel said the investment will replace aging equipment with modern steelmaking technology, increasing annual produc...
Opinion | Oil Today, Crisis Tomorrow
The movie ‘Three Days of the Condor’ provides insight....
Dow’s Profit Rises Sharply on Cost Cuts, Sales Growth
The Midland, Mich., chemicals company posted third-quarter earnings of $458 million, or 62 cents a share, up sharpy from...
Communications Group Common Interest Buys a Stake in Creative Agency Mirimar
Plus, fund managers turn to elaborate festival-like events as they recruit individual investors for private credit....
SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess?
Elon Musk’s mishmash of businesses will be a maze for investors to evaluate....
Union Pacific Posts Higher Profit, Revenue on Volume Growth
The freight company posted a third-quarter profit of $2.08 billion, or $3.49 a share, compared with $1.79 billion, or $3...
Lockheed Martin Bumps Up Yearly Outlook as Backlog Hits Record
The defense contractor’s third-quarter profit came in at $1.85 billion, or $7.97 a share, compared with $1.62 billion, o...
SAP Weighs New Metric to Showcase AI Impact on Business
The business-software group is working on a metric to convey the impact of AI on its operations to appease investors wan...
American Airlines Forecasts Another Quarterly Loss on Surging Fuel Costs
The carrier said revenue is projected to climb 20% to 23% in the fourth quarter, during which it is also on track to pos...
Procter & Gamble’s Sales Offset Rising Fuel Costs
Procter & Gamble logged higher sales and said it is managing to stay on track despite rising fuel costs....
Comcast’s Domestic Broadband-Subscriber Losses Continue
Comcast continued to lose domestic residential broadband and video customers in the third quarter, putting pressure on o...
Prada Sales Cool as Luxury Recovery Fades
Prada reported a deceleration in sales growth as luxury companies struggle to spark renewed demand for high-end goods....
PulteGroup Net Down as Mortgage Rates Weigh on Home Sales
PulteGroup’s third-quarter net income and revenue fell sharply as elevated mortgage rates slowed sales of its luxury hom...
PE Firms Are Holding Investments Longer—and Changing Leaders More
Plus, Meta loses in data-privacy case....
Musk’s Tesla-SpaceX Merger Would Formalize a Decadeslong Partnership
Plus, attack on a Saudi Arabian airport killed one person and Iran’s fleet of shadow tankers has run out of oil....
Carrier Plans $600 Million Texas Plant to Make Cooling Gear for AI Data Centers
The plant, Carrier’s biggest-ever investment, comes amid a surge in sales to data-center customers....
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