WSJ

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 quarter....

1 week ago

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 first-semester grades to “curb a mental health crisis.”...

1 week ago

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 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

The Iran war, Ukrainian attacks on Russia and China’s fuel export restrictions have taken millions of barrels of refined products off global markets and left customers scrambling to locate alternative...

1 week ago

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

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

1 week ago

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 other high-tech applications....

1 week ago

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

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

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

The satellite operator expects 2026 revenue of $150 million to $200 million as it continues to build out a space-based cellular network aimed at connecting ordinary smartphones directly to satellites....

1 week ago

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 backlog of $2.36 billion, up 137% year-over-year....

1 week ago

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 target for $2.8 billion to $3 billion....

1 week ago

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

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

1 week ago

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

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 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

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 settled a longstanding dispute with rival Newmont over its Nevada operations, securing a $1.95 billion cash payout and paving the way for the spinoff of Barrick’s North American gold as...

1 week ago

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 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

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

1 week ago

War Is Helping Chinese EVs Upend the Global Car Market

High gasoline prices are giving a boost to China’s electric-vehicle exports....

1 week ago

The Dating Scene That’s Suddenly Dominated by Chip Nerds

Thanks to mid six-figure bonuses, engineers at Samsung and SK Hynix are the hottest bachelors in South Korea....

1 week ago

London Needs Capital to Revive its Struggling Public Markets, LSE’s Deputy CEO Says

U.S. policymakers once fretted London would eclipse Wall Street. Now, major U.K. companies are moving their primary listings to the U.S., or deciding not to list in London in the first place....

1 week ago

Oil Rises Amid Growing Doubts That Strait of Hormuz Can Reopen Soon

Oil prices rose amid growing doubts that the Strait of Hormuz can reopen soon, bolstering concerns over supply disruptions in the Middle East....

1 week ago

U.A.E.’s Adnoc Gas to Invest More Than $8 Billion in Expansion Push

Plan to boost production comes after OPEC exit earlier this year frees state-owned Adnoc of cartel’s restrictions....

1 week ago

Taylor Farms Recalls Products With Jalapeños Implicated in Salmonella Outbreak

The produce supplier said it was removing certain products including guacamoles and salsas from grocery shelves over concerns of salmonella contamination....

1 week ago

Data-Center Backlash Leads to a New Land Rush in the Texas Oil Patch

Big landowners in the Permian Basin are aiming to capitalize on Nimby rebellion against AI projects around the U.S....

1 week ago

Opinion | The FCC Tries to Save Broadcast TV

The agency is right to kill its ownership limits, but let’s kill the FCC too....

1 week ago

Opinion | Trump’s Venezuelan Oil Boom Sputters

The costs of forcing Caracas to hold free elections are too high for Washington now....

1 week ago

U.S. Consumer Brands Say Chicken, Soap and Snacks Are Selling Better Overseas

Major packaged-goods firms, retailers and food makers are seeing substantial increases in overseas revenue that are outpacing slowing domestic sales....

1 week ago

Victims Are Losing Thousands of Dollars on the ‘Jury Duty’ Scam

Plus, Iran’s new demands for reopening the Strait of Hormuz narrow Trump’s options, and estate sales get competitive....

1 week ago

China Inflation Cools More Than Expected in July

China’s consumer and factory-gate price growth both cooled more than expected last month, suggesting tepid domestic demand and reflecting the impact of extreme weather and declining oil costs....

1 week ago

Cuba Is Low on Oil. Now, It’s Counting on Solar, With China’s Help.

The turn toward renewable energy has helped the island weather increased pressure from the U.S....

1 week ago

Selling the Dream of SpaceX Was the Easy Part. Now Elon Musk Has to Hang On.

SpaceX’s $300 billion swing in market value this past week put Musk back in grind mode, having to execute on highflying promises made in the lead-up to the biggest IPO ever....

1 week ago

Iran Demands U.S. Withdrawal to Open Hormuz

A top Iranian official laid out a series of tough demands for opening the Strait of Hormuz, and the United Arab Emirates said Iran launched a missile attack on one of its ships....

1 week ago

Meet the Media Industry’s Nerd-in-Chief

People Inc. innovation chief Jonathan Roberts, a physicist who drew maps of Westeros for George R.R. Martin, has bold thoughts on the future of publishers....

1 week ago

Berkshire Hathaway, Under a New CEO, Starts to Spend its Cash Pile

The conglomerate struck a $6.8 billion deal, repurchased Berkshire shares and was a net buyer of other stocks, while more than doubling quarterly profits...

1 week ago

America’s Electric Honeymoon Is Over. EV Owners Must Work Out Where to Go Next.

Drivers got hooked on great lease deals. Now, they’re looking at hybrids and gas cars—or just paying higher prices....

1 week ago

Move 37 Is the Moment AI Changes Everything. It’s Suddenly Happening Everywhere.

A decade ago, a computer did something that no human would have done. It was considered a breakthrough for AI. Now the world is full of them....

1 week ago

Reservation Apps Have Made Getting Into a Restaurant a Nightmare

After a flurry of deals, new apps, membership clubs and other middlemen are fighting over access to high-spending customers and the eateries they love....

1 week ago