WSJ

Women at L3Harris Shared Concerns About CEO’s Behavior Years Before Ouster

Chris Kubasik was ousted after an investigation into conduct with a subordinate. Years earlier, another employee had made a harassment complaint....

1 day ago

Basic Materials Roundup: Market Talk

Find insight on BlueScope Steel, BHP, Evolution Mining and more in the latest Market Talks covering basic materials....

2 days ago

FTC Warns Retailers on Using Private Consumer Data to Raise Prices

Agency says businesses must disclose when they use personalized pricing and may face lawsuits if they don’t....

2 days ago

U.S. Crude Oil Stockpiles Post Weekly Increase

U.S. commercial crude oil inventories rose by 4.4 million barrels last week in a third consecutive build, according to the Energy Information Administration....

2 days ago

The Meal-Kit Industry Is in Disarray After a Major Supplier Went Bust

Customers are demanding refunds and stopping orders over almost-empty boxes and missing ingredients from Blue Apron and Marley Spoon....

2 days ago

Target Raises Fiscal-Year Forecast Again as Turnaround Gains Traction With Consumers

On the heels of a positive quarter, the retailer now expects sales growth of about 5% this fiscal year....

2 days ago

Vine-Inspired Divine Revives Six-Second Loops—and Bans AI

Plus, a new Gallup survey finds AI ad skepticism hits hardest among Gen Z....

2 days ago

TJX Raises Full-Year Targets as Cost-Conscious Shoppers Flocks to Discount Chains

TJX raised its full-year profit outlook after reporting higher second-quarter sales and earnings, as more budget-leery shoppers continued to flock to its banners for discounted home goods and apparel....

2 days ago

Amazon to Expand Drone Delivery Service to Nearly 500 Locales

The e-commerce giant to launch Prime Air in metro areas including Chicago, Atlanta, Cleveland, Syracuse, N.Y., and Boise, Idaho....

2 days ago

Analog Devices Profit, Revenue Up on Surging AI Data Center Demand

The semiconductor company reported higher profit and revenue in its third quarter driven by accelerating demand for data center hardware and industrial chips....

2 days ago

Lowe’s Lowers Full-Year Targets as Homeowners Scale Back DIY Projects

Lowe’s trimmed its full-year sales and profit targets, signaling that price-conscious homeowners are delaying major renovations and compounding back-half headwinds....

2 days ago

The Morning Risk Report: Pivotal Child Safety Trial That Could Change Instagram Starts in California

Plus: Disney sues FCC over license review, and Europe’s rivers are drying up, threatening its economy....

2 days ago

Leadership Lessons from Lumen Technologies’ CFO

The CMO-CRO-CTO trio is an important C-suite partnership to manage the current tech and AI landscape, Lumen finance chief says....

2 days ago

U.S. Refiners Capitalize as Buyers Vie for Shrinking Diesel Supply

Plus: New law aims to speed output of modular and manufactured homes; attacks mount on Strait of Hormuz shipping....

2 days ago

Estee Lauder Narrows Loss as Sales Climb

The Estee Lauder Companies narrowed its fiscal fourth-quarter loss on higher sales, as the company’s turnaround continued to pick up steam....

2 days ago

Chinese Humanoid Robot Leader Soars in Market Debut Despite U.S. Ban

Unitree Robotics is the first humanoid maker to list in mainland China....

2 days ago

Why Wall Street Thinks the Brutal Bond Rout Is Just Getting Started

Plus, Big Food fights to win over not-so-hungry GLP-1 users, and LinkedIn accidentally becomes a dating site....

2 days ago

Oil Rises on Persistent Hormuz Uncertainty

Oil prices rose for a fourth day as talks to reopen the Strait of Hormuz and end the Iran war stalled....

2 days ago

Carlsberg Lifts Lower End of Guidance, Books Strong Growth in Soft Drinks, Alcohol-Free Brews

Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly....

2 days ago

Hong Kong’s Exchange Operator Posts Record Quarter, Beats Estimates

Hong Kong Exchanges & Clearing reported record profit and revenue for the second quarter as trading and listing activity in the Asian financial hub continued to gain momentum....

2 days ago

A Florida Billionaire Pays $40 Million for Ferrari EV Everyone Mocked

Philanthropist Herbert Wertheim paid a record price at auction for a Ferrari Luce sports car in the name of charity....

2 days ago

The Cast-Iron Company That Has Been Controlled by the Same Family for 130 Years

In an era of public offerings and acquisitions, Lodge has remained in the grip of its founding patriarch’s descendants....

2 days ago

Big Food Is Fighting to Tempt Taste Buds in the Era of Weight-Loss Drugs

With GLP-1s threatening billions in sales, packaged-food makers are testing ways to win over the not-so-hungry....

2 days ago

JBS Proposes to Acquire Remaining Stake in Pilgrim’s Pride

JBS, the world’s largest meatpacker, currently owns about 82% of Pilgrim’s Pride’s common stock....

2 days ago

OpenAI’s Second-Quarter Sales Show Tepid Growth compared with Anthropic

The ChatGPT-maker’s revenue disappointed some investors, although the company told them its growth accelerated in the third quarter....

2 days ago

Opinion | Disney Strikes Back Against the FCC

ABC’s owner has a good case in its lawsuit against Brendan Carr’s harassment on free-speech grounds....

2 days ago

Wall Street Sees No End in Sight to the Global Bond Selloff

Plus, Pennsylvania restricts data-center construction and ABC sues the FCC....

2 days ago

Opinion | Democrats Can Learn From AOC

Their party can win in 2028 by disowning its own shameful idiocies of the Trump era....

2 days ago

Opinion | The Young MAGA Socialists Are Here

Many conservatives in Generation Z think the American Dream is gone. Some of us are building it....

2 days ago

‘Freefall: A Reckoning for Boeing’ Review: The Cost of Cutting Corners on Netflix

Documentarian Rory Kennedy’s follow-up to her 2022 investigation into the 737 MAX tragedies argues that a profits-over-quality company culture was to blame....

2 days ago

La-Z-Boy Swings to Loss From Declining Sales

The furniture maker’s sales slid 3% to $475.7 million, missing analyst forecasts for a gain to $501 million....

2 days ago

Inside the Race to Build America’s First Nuclear Reactor in a Generation

Renewed interest in atomic energy and AI mania are colliding at the Idaho National Lab—where Oklo and rivals hope to revive the long-stagnant industry....

2 days ago

Health Care Roundup: Market Talk

Find insight on Ipca Laboratories, Cochlear and more in the latest Market Talks covering the health care sector....

3 days ago

See How the Disney-FCC Fight Has Unfolded

Disney alleged the agency’s review of broadcast licenses violates free-speech protections....

3 days ago

KKR Makes $9 Billion Takeover Bid for Natural-Gas and Electricity Distributor

Pennsylvania-based UGI’s shares are little changed over the past year....

3 days ago

American Is Adding Seat-Back Screens to More Than 800 Planes

The airline plans to add more first-class rows and extra-legroom seating; rivals United and Delta have featured screens for years....

3 days ago

Travis Kelce Teams Up with Publicis to Tame the College NIL Scramble

Plus, Costco looks to bulk up membership appeal with branded Medicare plans....

3 days ago

Goldman Sachs to Buy Real-Estate Investment Firm for Up to $410 Million

Goldman Sachs said it had reached an agreement to buy private real-estate investment firm LCN Capital Partners in a deal worth up to  $410 million....

3 days ago

Klarna Searches for New CFO, Tempers FY Outlook

The payments company tempered its outlook for the year, even as it swung to a profit and logged higher revenue in the second quarter....

3 days ago

Disney’s ABC Sues FCC Over Challenge to Its Broadcast Licenses

The agency has launched probes into the company’s DEI practices and equal-time rules in the wake of criticism of President Trump by Jimmy Kimmel and “The View.”...

3 days ago

SharkNinja Is Building an AI Tool to Monitor Profitability in Real Time

Plus, defense contractor L3Harris Technologies ousts its CEO following an investigation....

3 days ago

The Morning Risk Report: L3Harris Ousts CEO After Investigation Into Conduct

Plus: Companies may stick with quarterly earnings statements; Florida workers disappearing...

3 days ago

Houthi Threat to Red Sea Shipping Rises

Plus: Uber teams up with Zipline for drone deliveries; home-improvement revival sputters....

3 days ago

Big Oil’s Liabilities Are Shrinking. What’s Next?

Plus, soaring bond yields spook investors....

3 days ago

Xiaomi Has Another Weak Quarter Amid Memory-Price Hikes, Slow Demand

Xiaomi continues to face headwinds, with pricier memory chips pressuring smartphone margins, and reduced subsidies adding to already subdued consumer demand....

3 days ago

Home Depot Posts Higher Sales, Backs Outlook

Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot’s sales higher and giving the company confidence to back i...

3 days ago

Baidu’s Profit, Revenue Continue to Fall as It Pivots to AI

The Chinese internet titan’s second-quarter net profit and revenue came in below analysts’ expectations....

3 days ago

Why Do Boards Keep Giving Misbehaving CEOs Second Chances?

The trajectory of L3Harris’s Christopher Kubasik highlights a familiar pattern: CEOs accused of misconduct often go on to nab top jobs elsewhere....

3 days ago