Wall Street Journal

On Holding Tempers Outlook as Running-Shoe Sales Underwhelm

On Holding Tempers Outlook as Running-Shoe Sales Underwhelm

The Swiss running-shoe maker now expects sales to grow in the low-20% range for the year after it deliberately stymied g...

1 week ago
Curaleaf Plans Hostile Bid for Rival Aurora Cannabis

Curaleaf Plans Hostile Bid for Rival Aurora Cannabis

Curaleaf plans to launch a $272 million unsolicited takeover bid to acquire Canadian cannabis company Aurora after its b...

1 week ago
Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets

Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets

FlightAware says such markets could encourage unsafe tactics to cause cancellations and create the potential for disrupt...

1 week ago
Yankees Strike $2.6 Billion Financing Deal With Apollo Sports Capital

Yankees Strike $2.6 Billion Financing Deal With Apollo Sports Capital

Yankee Global Enterprises, the parent company of the New York Yankees, said it reached a $2.6 billion financing agreemen...

1 week ago
Food Companies Dodge Crackdown in RFK Jr.’s Proposal on New Additives

Food Companies Dodge Crackdown in RFK Jr.’s Proposal on New Additives

Some trade groups and food-safety advocates find that a rule aimed at increasing transparency has limitations....

1 week ago
Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal

Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal

The media mogul’s live entertainment business Mari Group said it had agreed to buy Britain’s ATG Entertainment from a pr...

1 week ago
Cardinal Health Logs Mixed Sales, Sees Growth in New Year

Cardinal Health Logs Mixed Sales, Sees Growth in New Year

Cardinal Health had a mixed fiscal fourth quarter in terms of sales across its two main business lines, but expects reve...

1 week ago
U.S. Small Business Confidence Rose Last Month

U.S. Small Business Confidence Rose Last Month

The National Federation of Independent Business said that its small-business optimism index rose to 99.8, its highest le...

1 week ago
An Oil Refiner That Fled California Is Back—With a Giant Pipeline From Texas

An Oil Refiner That Fled California Is Back—With a Giant Pipeline From Texas

Phillip 66’s 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Ange...

1 week ago
Smithfield Foods Cuts Outlook as Sales Fall

Smithfield Foods Cuts Outlook as Sales Fall

Smithfield Foods cut its outlook for the year, citing continued macroeconomic pressures, as sales fell during the recent...

1 week ago
States Scrutinize Voter Rolls as Debate Over Election Security Heats Up

States Scrutinize Voter Rolls as Debate Over Election Security Heats Up

Plus, a Tesla-SpaceX merger gives Elon Musk a shortcut to his $1 trillion payday, and the University of Michigan drops f...

1 week ago
America’s Mortgage King Lost $600 Million and Needed a Rescue

America’s Mortgage King Lost $600 Million and Needed a Rescue

Billionaire Mat Ishbia was in trouble after a failed takeover and mistimed bets on interest rates....

1 week ago
China’s Auto Market Weakens Further on Subdued Domestic Demand

China’s Auto Market Weakens Further on Subdued Domestic Demand

China’s auto sales fell in July, as higher oil prices and a weak macro environment weighed on demand....

1 week ago
Why the Real Oil Squeeze Is Happening in Refineries

Why the Real Oil Squeeze Is Happening in Refineries

The Iran war, Ukrainian attacks on Russia and China’s fuel export restrictions have taken millions of barrels of refined...

1 week ago
Intel Increases Size of Stock Offering to Raise $20 Billion

Intel Increases Size of Stock Offering to Raise $20 Billion

Intel plans to raise $20 billion by way of an underwritten public offering of 210.5 million shares priced at $95 each....

1 week ago
Abu Dhabi’s Adnoc L&S Posts Record Quarterly Profit Despite Regional Disruption

Abu Dhabi’s Adnoc L&S Posts Record Quarterly Profit Despite Regional Disruption

The Abu Dhabi-based maritime logistics company said its result was buoyed by strong shipping rates, increased chartering...

1 week ago
Samsung SDI Buys GM’s Stake in U.S. Battery JV

Samsung SDI Buys GM’s Stake in U.S. Battery JV

The South Korean battery maker said it would use the Indiana plant to make batteries for energy storage systems and othe...

1 week ago
See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday

See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday

A critical clause in the CEO’s Tesla stock award would wipe away lofty performance targets if a merger happened....

1 week ago
Trump Media Reports More Than 10 Sign-Ups to Real-Time Truth Social Feed

Trump Media Reports More Than 10 Sign-Ups to Real-Time Truth Social Feed

Early customers to the product are primarily high-frequency trading firms....

1 week ago
South Korea’s Hanwha Makes $1 Billion Push Into U.S. Naval Shipbuilding

South Korea’s Hanwha Makes $1 Billion Push Into U.S. Naval Shipbuilding

Conglomerate’s nonbinding offer for Austal USA comes as Washington seeks to revive domestic shipyards....

1 week ago
AST SpaceMobile Raises Revenue Outlook as Satellite Network Expands

AST SpaceMobile Raises Revenue Outlook as Satellite Network Expands

The satellite operator expects 2026 revenue of $150 million to $200 million as it continues to build out a space-based c...

1 week ago
Rocket Lab Narrows Loss As Revenue Climbs

Rocket Lab Narrows Loss As Revenue Climbs

The launch and space systems company narrowed its loss and reported rising revenue as it ended its second quarter with a...

1 week ago
Hims & Hers Health Boosts Revenue Target, Swings to Second-Quarter Loss

Hims & Hers Health Boosts Revenue Target, Swings to Second-Quarter Loss

The telehealth platform said it now projects $3.1 billion to $3.3 billion in revenue for the year, up from a previous ta...

1 week ago
Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion

Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion

Apollo, Blackstone and BlackRock were among the firms that committed to the deal....

1 week ago
What’s Changing Under RFK Jr.’s New Food Guidelines

What’s Changing Under RFK Jr.’s New Food Guidelines

Companies will have to notify regulators of new ingredients, but tougher enforcement will require Congress....

1 week ago
Financial Services Roundup: Market Talk

Financial Services Roundup: Market Talk

Find insight on St. James’s Place, UOB and more in the latest Market Talks covering financial services....

1 week ago
FDA Orders Food-Ingredient Disclosure, Delays RFK Jr.’s Ultraprocessed Crackdown

FDA Orders Food-Ingredient Disclosure, Delays RFK Jr.’s Ultraprocessed Crackdown

Companies will have to notify regulators before adding new ingredients to food....

1 week ago
A Chicken Glut Is Dragging Down Meatpackers—and Lowering Your Grocery Bill

A Chicken Glut Is Dragging Down Meatpackers—and Lowering Your Grocery Bill

A rise in flock sizes, larger breeds and steady beef demand have contributed to a poultry surplus....

1 week ago
Intel to Offer $15 Billion of Common Stock

Intel to Offer $15 Billion of Common Stock

The chip maker cited strong customer demand driven by unprecedented investment in AI compute....

1 week ago
Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion

Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion

Barrick Mining settled a longstanding dispute with rival Newmont over its Nevada operations, securing a $1.95 billion ca...

1 week ago
Boeing to Fold Its Flying-Taxi Venture Into Rival Archer Aviation

Boeing to Fold Its Flying-Taxi Venture Into Rival Archer Aviation

The jet maker is selling Wisk Aero, SkyGrid and Insitu in exchange for shares in the California startup....

1 week ago
Teledyne Technologies to Buy Varex Imaging for $1.1 Billion

Teledyne Technologies to Buy Varex Imaging for $1.1 Billion

Teledyne Technologies said it will buy Varex Imaging for about $1.1 billion, inclusive of equity awards and debt....

1 week ago
Tractor Supply Retrenches as It Looks for a Rebound

Tractor Supply Retrenches as It Looks for a Rebound

The farm-and-ranch chain is lowering prices, closing pet-specialty stores and scaling back expansion as its shoppers hav...

1 week ago