WSJ
Canada Retail Sales Look to Build on August’s Rebound
Canadian household spending looks to have been on the rise as the last quarter ended, with retail sales last month building on a rebound in August....
4 days ago
Tanker Carrying Russian Diesel Signals U.S. Port After Trump-Putin Deal
A tanker carrying Russian diesel intermittently signaled it was headed to the U.S., potentially marking a resumption of direct shipments amid Trump’s push to increase fuel supplies to global markets....
4 days ago
Rogers Communications Profit Drops on Comparison, Revenue Rises
Rogers Communications reported a decline in third-quarter profit, due to a large prior-year accounting gain, but adjusted profit topped expectations on higher revenue....
4 days ago
Booz Allen Lifts Earnings Outlook as Profit Climbs
Booz Allen Hamilton raised its full-year earnings outlook, after profit climbed in its latest fiscal quarter, even as revenue fell....
4 days ago
SLB Logs Higher Revenue as Business in the Middle East Recovers
SLB reported higher third-quarter revenue as business in the Middle East began to gradually recover, following a challenging start to the year....
4 days ago
American Express Raises Profit Outlook on Increased Member Spending
American Express raised its full-year earnings forecast to between $18.30 and $18.60 a share as customer spending continues to rise....
4 days ago
Railroads Gain as Cargo Shifts to Rail From Highways
Plus, U.S. Steel plans to invest almost $3 billion on a new mill near Pittsburgh, and wars are forcing airlines to reroute flights....
4 days ago
What Makes A Great Board?
WSJ Leadership Institute’s Best Boards list highlights experience, strong governance...
4 days ago
The Morning Risk Report: The Signal Chats That Cost OpenAI Researchers Their Jobs
Plus: Inside U.S. push to put nuclear reactors in ports and on cargo ships and what to know about the AI-triggered cybersecurity crisis....
4 days ago
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 for oil majors....
4 days ago
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 valuations....
4 days ago
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 revenue....
4 days ago
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 energy infrastructure against recovering Middle East oil supplies....
4 days ago
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 refining margins....
4 days ago
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 additional decisive actions....
4 days ago
Safran Confirms Guidance as Revenue Jumps
The French aerospace-industry supplier said the metric was pushed higher by double-digit growth across its propulsion and equipment and defense units....
4 days ago
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 between....
5 days ago
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. Here’s what happened....
5 days ago
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 out of harm’s way....
5 days ago
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 its future....
5 days ago
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 continues to fall....
5 days ago
Opinion | New Mexico Tries to Censor Meta
A judge and the state AG say Facebook didn’t block enough political speech....
5 days ago
Opinion | U.K. Labour’s Ceasefire in the War on Gas
Even parts of the European left now admit they need fossil fuels....
5 days ago
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, down from its earlier guidance of $3.10 to $3.20....
5 days ago
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-out spooked investors....
5 days ago
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....
5 days ago
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 sneaker and Ugg shoe brands....
5 days ago
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 improved pricing....
5 days ago
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....
5 days ago
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....
5 days ago
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 continues to see a sharp drop in demand....
5 days ago
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 production capacity to about 3.5 million tons from 2.2 million tons....
5 days ago
Opinion | Oil Today, Crisis Tomorrow
The movie ‘Three Days of the Condor’ provides insight....
5 days ago
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 $62 million, or 8 cents a share, a year earlier....
5 days ago
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....
5 days ago
SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess?
Elon Musk’s mishmash of businesses will be a maze for investors to evaluate....
5 days ago
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 $3.01 a share, a year earlier....
5 days ago
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, or $6.95 a share, a year earlier....
5 days ago
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 wanting insight into the tech reshaping the industry....
5 days ago
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 post an adjusted loss of 50 cents to $1.10 a share....
5 days ago
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....
5 days ago
Comcast’s Domestic Broadband-Subscriber Losses Continue
Comcast continued to lose domestic residential broadband and video customers in the third quarter, putting pressure on overall performance....
5 days ago
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....
5 days ago
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 homes and weighed on prices....
5 days ago
PE Firms Are Holding Investments Longer—and Changing Leaders More
Plus, Meta loses in data-privacy case....
5 days ago
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....
5 days ago
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....
5 days ago
Aramco CEO Says East-West Pipeline Capacity Could Reach 10 Million Barrels a Day
Saudi Aramco is working to increase the capacity of its East-West oil pipeline network to 10 million barrels a day as the kingdom seeks to strengthen alternative export routes....
5 days ago
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