WSJ

The Tiny California Company Racing Into Venezuela Faster than Big Oil

Pacific Coast’s grab at some of the first assets made available under the interim government has spurred complaints from a local business dynasty....

1 hour ago

GM Faces Safety Probe Over Engine-Failure Concerns in Nearly One Million Vehicles

Regulators say hundreds of owners have complained about engine problems despite an earlier recall....

2 hours ago

Looksmaxxing Lingo Is Captivating Brands From CeraVe to Carl’s Jr.

Plus, research suggests Gen Z likes radio because it takes the pressure off....

3 hours ago

Canada Retail Sales Slip After Rising a Sixth Straight Month in June

The value of retail trade in the country rose 0.6% in June from the month before to a seasonally adjusted 74.28 billion Canadian dollars, the equivalent of about US$53.87 billion....

4 hours ago

Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf Infrastructure

The deal involves an investment of several hundred million dollars and cements the chip maker’s role in developing data-center projects at the earliest stages....

4 hours ago

U.S. to Boost Beef Imports to Address High Prices, Trump Says

The president said he would temporarily allow up to 300,000 metric tons of ground beef to be imported into the U.S. without paying higher tariffs....

4 hours ago

Nibe Industrier Shares Rise as Heat Pumps, Data Centers Drive Sales Growth

The Swedish heating company’s shares rose more than 8% after it reported sales and operating profit growth on strong heat-pump demand in Europe and the U.S....

5 hours ago

Plane Crash Near Remote Military Radar Site in Alaska Kills 8

The civilian-contracted plane crashed at a remote radar site some 450 miles from Anchorage....

5 hours ago

BJ’s Wholesale Logs Higher Profit, Revenue

The warehouse club chain reported higher second-quarter profit and revenue, as budget-conscious shoppers continued to flock to its stores in search of value...

6 hours ago

Walmart Is Playing the Long Game by Lowering Prices

Plus, Starbucks is laying off more than 200 workers....

6 hours ago

Walmart’s E-Commerce Sales Rise as Deliveries Accelerate

Plus: U.S. and Canada inch toward trade deal; Toyota challenges GM’s American sales reign....

6 hours ago

The Morning Risk Report: Rainmakers in Talks to Leave Weil Gotshal Amid Poaching Frenzy

Plus: CFTC imposes trading bans on ex-FTX, Alameda execs, and Pennsylvania sets new data-center rules....

6 hours ago

Politicians Turn Against Data Centers as Anger Over AI Spreads

Plus, we go inside the collapse of a Donald Trump Jr.-backed MAGA marketplace and explore the hottest sport you’ve likely never heard of....

7 hours ago

Blackwater’s Erik Prince Launches Air-Defense Startup

The private security contractor has joined with Ukraine company Swarmer to offer defense technology to Middle East sites getting hit by Iran....

7 hours ago

Samsung Plans Biggest-Ever Buyback Amid AI Windfall

The Korean company’s plan to buy back as much as $78.88 billion of shares comes as chip makers reap the rewards of the artificial-intelligence boom....

8 hours ago

Monte dei Paschi Makes $40 Billion Move to Buy Italian Peers Banco BPM, Banca Generali

Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion....

10 hours ago

Hyundai’s Union Launches First Full-Day Strike in Decade

The daylong strike at the South Korean automaker, the first since 2016, followed months of failed wage negotiations and a series of partial walkouts....

11 hours ago

Trump Wants to Revive Keystone XL. The Industry Has a Different Plan.

A trio of proposed pipelines would serve the same function—delivering heavy oil from western Canada to Gulf Coast refineries—without the hot-button name....

15 hours ago

GM Ruled U.S. Auto Sales for 100 Years. Now Toyota Is Closing In.

The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach....

16 hours ago

Harry and Meghan Had Big Entertainment Ambitions. Here’s How It Worked Out.

The Sussexes leave behind a trail of Netflix documentaries, a Spotify podcast and jam....

16 hours ago

Inside the Collapse of a MAGA Marketplace Backed by Trump Jr.

PublicSquare racked up costs—and consulting fees—before shifting into fintech; a 99% stock drop....

18 hours ago

Walmart Adds to Wall Street Pressures With Weak Sales Growth

Plus, Romania accused Russia of launching an explosive drone, and healthcare costs are set for a steep increase....

19 hours ago

James Hardie Selling European Fermacell Business for $980 Million to Holcim

James Hardie Industries will sell its European Fermacell business to Swiss building-materials company Holcim as it seeks to focus on higher-growth and higher-return markets....

19 hours ago

Ross Stores Boosts Outlook as Sales Climb

The off-price retailer now forecasts earnings per share of $8.61 to $8.77 for the year as its second-quarter profit and sales gained on higher traffic....

20 hours ago

From PlayStation to Spider-Man: Inside Sony’s Transformation

Watch as Sony President and CEO Hiroki Totoki explains how the company pivoted from hardware to become an entertainment powerhouse....

23 hours ago

SpaceX Is Racking Up Wins in Washington

The Elon Musk-led rocket and AI company is landing lucrative contracts and benefiting from the Trump administration’s deregulatory push....

1 day ago

Starbucks Laying Off More Than 200 Workers in Streamlining Drive

The cuts affect the company’s corporate staff in technology and coffeehouse development. The reductions don’t involve cafe closures....

1 day ago

Hovnanian Swings to a Loss Amid Continually Challenging Housing Market

The home builder swung to a third-quarter loss as it continues to navigate a challenging housing market....

1 day ago

Canada Producer Prices Rise in July, Buoyed by Gas and Diesel

Canadian manufactured goods prices rose again last month, driven higher by a jump in fuel costs with a resumption of the conflict in the Middle East....

1 day ago

Walmart Posts Weakest Sales Growth in Over Six Years

E-commerce, membership and advertising are driving the retailer’s growth. Walmart’s stock fell over 6% in premarket trading....

1 day ago

Labubu Maker Could Miss Revenue Goal as Sales Momentum Fades

Pop Mart’s first-half results mark an acute downturn after a run of explosive growth that sparked a furious rally in its stock....

1 day ago

Novonesis Leads Europe’s Stoxx 600 on Sales Beat, Guidance Raise

Stock in the company—which develops enzymes, probiotics and other biological products—jumped after it posted organic sales growth ahead of consensus estimates....

1 day ago

What the Bond Market and Six Flags Have in Common

Plus, Fed minutes reveal broader support for rate increases....

1 day ago

Walmart Sales Are Growing, but Stores Aren’t the Engine

E-commerce, membership and advertising are driving growth at the massive retailer....

1 day ago

Rainmakers in Talks to Leave Weil Gotshal Amid Poaching Frenzy

Two groups that include star lawyers are exploring joining rival firms, the latest disruption in Big Law....

1 day ago

Deere’s Profit Rises as Sales Climb

The company posted higher profit and sales in its fiscal third quarter, as continued growth in the company’s construction equipment business helped to offset ongoing weakness in its production agricul...

1 day ago

Alibaba Posts Weaker Earnings Amid Heavy AI Investments

Alibaba’s earnings slumped in its fiscal first quarter, as the Chinese e-commerce titan continued to invest heavily in artificial intelligence, racing to preserve its lead in the AI sector....

1 day ago

U.S. Debt Soars and Scott Bessent Steps in as America’s Bond Trader in Chief

Plus, America’s colleges hurtle toward an enrollment cliff, and Hawaii chases the startup wave....

1 day ago

California’s AI Dominance Fuels $366 Billion Venture Capital Bonanza

California-based companies have announced a record haul in startup funding, despite billionaire-tax fears....

1 day ago

JD Sports Shares Tumble After Profit Guidance Cut

The sport and fashion retailer cut its full-year profit guidance as second-quarter sales fell due to pricing pressure and a weak U.S. performance....

1 day ago

Danone’s $1.2 Billion Huel Deal Gets U.K. Competition Clearance

The Competition and Markets Authority said it wouldn’t refer the merger to a more in-depth investigation after it launched an initial probe....

1 day ago

Asia’s Businesses Struggle to Shake Off the Sway of Their Founding Families

A leadership shake-up at Tata Sons has highlighted the challenges facing India’s family-founded behemoths....

1 day ago

CK Hutchison Files Arbitration Against Panama, Seeking $1.5 Billion in Damages

The Hong Kong conglomerate has launched international arbitration proceedings against Panama, escalating a dispute over two strategically-important ports that have become caught up in U.S.-China tensi...

1 day ago

With Tourism Stalled, Hawaii Chases the Startup Wave

State officials believe a handful of high-tech enterprises can seed new industries and keep skilled workers from fleeing to the mainland....

1 day ago

Spirit Flight Attendants Fight Google’s Data Bid for AI

The flight attendants want assurance that their confidential information will be removed from the sale of the defunct airline’s digital records....

1 day ago

Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion

The funding round, which also includes JPMorgan Chase and Andreessen Horowitz, values the hypersonic munitions maker at $13 billion....

1 day ago

Auto & Transport Roundup: Market Talk

Find insight on BRP’s tariff headwinds, Cargojet’s strategy and more in the latest Market Talks covering the auto and transport sector....

1 day ago

Coty Looks to Finish Strategic Review, Guides for First-Quarter Sales Decline

The company guided for revenue to decline by a low- to mid-single-digit percentage as consumers become increasingly selective with their purchases, despite resilient demand for beauty overall....

1 day ago