WSJ

DP World Reroutes Cargo as Costs Mount From Hormuz Disruption

CEO Yuvraj Narayan scrambles to build alternative supply routes around Port of Jebel Ali with Hormuz closure cutting profits by $90 million a month....

1 week ago

Oil Prices Fall as U.S.-Iran Diplomacy and Regional Tensions Remain in Focus

Oil prices fell Friday after rising sharply in the previous session as investors assessed prospects for U.S.-Iran diplomacy against continued threats to Saudi energy infrastructure....

1 week ago

White House Restores Access to Three Outlets Trump Banned

A federal judge lifted the ban on CNN, MS NOW and Politico, saying it was likely issued without due process....

1 week ago

The Rise of the Almost-Premium Credit Card

Higher annual fees on top-tier cards has led to a reshuffling of the market, with cards just below that level targeting the not-quite-rich enough....

1 week ago

New Jersey Governor Asks Lieutenant Governor to Resign After Probe Finds Violations

The investigation regarding Dale Caldwell examined allegations of sexual harassment and ethics violations....

1 week ago

Opinion | Malaysia Is a Lifeline for Iran

The Pacific nation’s vessels and facilities sustain a fleet of sanctions-evading ships in the South China Sea....

1 week ago

Opinion | Trump’s Fight With the White House Press

A judge he appointed blocks him from booting journalists on a whim....

1 week ago

MGM Resorts Eyeing Bid for Barry Diller’s People Incorporated

The billionaire’s company, which has a stake in MGM, also owns titles including Food & Wine magazine....

1 week ago

Opinion | The 2026 Diesel Wars

What’s worse than paying $6.50 a gallon? Going to prison over a bad regulation....

1 week ago

Opinion | The Diesel Export Ban Folly

It would inevitably drive prices higher by constricting supply....

1 week ago

Costco Reports Higher Fourth-Quarter Profit as Sales, Membership Fees Rise

The company logged a quarterly profit of $3 billion, up from $2.61 billion a year earlier....

1 week ago

The Debate Over a Diesel Export Ban Is Giving Europe Whiplash

European Union officials say they are in talks with the Trump administration to head off export controls....

1 week ago

Jeff Bezos’ Blue Origin Is Fueled With $30 Billion of His Fortune

The space company wants to rapidly boost revenue over the next few years, betting its huge rockets will make it a powerful industry player....

1 week ago

Kalshi’s Embrace of Sports Betting Tests Rules for Prediction Markets

Judges have reached conflicting decisions on whether the platform is evading state laws, setting up a potential Supreme Court showdown....

1 week ago

Opinion | The Amazing Things AI Is Already Doing for Humanity

In medicine, it saves lives. In business, it makes us more productive. And it hasn’t killed many jobs....

1 week ago

U.S. Government Airs Pro-Trump, Anti-Communism Ad

The unusual ad, which said it was paid for by the U.S. government, aired on Fox News in major TV markets....

1 week ago

New York Sues Polymarket in Escalating Crackdown on Prediction Markets

The company and rival Kalshi are facing legal challenges from states around the country....

1 week ago

When Handbag Prices Send Luxury Buyers Walking

Plus, can AI help marketing professionals see across lanes again? And YouTube fights for creators....

1 week ago

Quenching the World’s Biofuels Thirst Could Require a Montana-Size Chunk of Land

Plus: Diesel export-ban drama, a fight over power poles in Texas and El Niño brings epic waves to a California surfing hot spot....

1 week ago

Canada Retail Sales Recover Following First Fall of Year in July

Sales in July fell for the first time this year, declining 0.7% from the previous month to a seasonally adjusted 73.7 billion Canadian dollars, the equivalent of about US$52.25 billion....

1 week ago

Amazon to Expand Robot-Making Capacity With New, $100-Million Indiana Hub

The company, which uses the machines for sorting and moving packages inside warehouses, is already one of the world’s top robot makers....

1 week ago

Bob Chapek Is So Not Over Getting Fired From Disney

In his first interview since being ousted as CEO, Chapek speaks about his rocky tenure and blames Bob Iger....

1 week ago

Darden Restaurants Posts Sales Gains but Profit Slips on Higher Expenses

The parent of Olive Garden and Longhorn Steakhouse said fiscal first-quarter earnings fell to $233.4 million, or $2.04 a share, from $257.8 million, or $2.19 a share, a year earlier....

1 week ago

Starbucks Targets Hundreds of Cafes in New Round of Closures

The closures mark the second round of café cuts under CEO Brian Niccol....

1 week ago

U.S. Considers Diesel-Export Restrictions, Not a Ban, Energy Secretary Says

Plus, Peloton is considering moving some manufacturing closer to the U.S.; and the price to transit Panama Canal is soaring....

1 week ago

Is 3-D Printing the Answer to AI’s Gas Turbine Crunch?

The long wait for gas turbines has everyone from tiny California startup Parallax to Elon Musk piling into the power business....

1 week ago

The One Quality for Effective Leadership, According to David Petraeus

Plus, U.S. home heating oil prices are rising....

1 week ago

LVMH’s Arnault Family Moves to Cement Control With Ownership Overhaul

The creation of the new controlling entity comprises a public tender offer for the shares of Christian Dior the Arnault family doesn’t own, valued at around $1.84 billion based on Thursday’s prices....

1 week ago

Flow of Chinese Components to Iran Shadows Trump’s Summit With Xi

Plus, a perfect storm is raging in the bond market, and we tracked where MAGA podcasters are turning their attention as they tune out Trump....

1 week ago

See How Elon Musk’s Sunbelt Investments Are Reshaping His Business Empire

States are competing for billions of dollars of planned capital spending on chip foundries, launchpads and data centers....

1 week ago

Delivery Hero Cancels CEO Exit Plans Due to Uber’s $14.8 Billion Takeover Bid

The company said Niklas Östberg would continue in his role due to the change in its situation....

1 week ago

Oil Prices Fall on Optimism Around U.S.-Iran Diplomacy, Saudi Pipeline Restart

U.S. Secretary of State Marco Rubio said Wednesday that Saudi Arabia had restarted its East-West pipeline, restoring the route for crude exports that bypasses Hormuz....

1 week ago

Arnault Family Moves to Cement Control of LVMH in Ownership Overhaul

Under the plan, Bernard Arnault’s Financiere Agache will take control of LVMH after holding company Christian Dior SE is delisted....

1 week ago

H&M Earnings Rise as Cost-Saving Push Pays Off

Sales from June through August rose 1% in local currencies—just above a UBS forecast looking for 0.7%—as summer collections were well received....

1 week ago

Schneider Electric to Launch Bid for Shelly Group in $1.4 Billion Deal

The acquisition of the smart-device maker combines Schneider’s technology offer across residential, retrofit and small commercial buildings with Shelly’s software-led home energy platform....

1 week ago

Chinese Carmakers Keep Gaining Ground in Europe as Monthly Sales Surge

New-car registrations for BYD models—a reflection of sales—more than doubled on year last month according to an industry body, while VW and Renault’s fell....

1 week ago

Behind the Oil-and-Gas Industry’s Blitz to Try to Defeat a Diesel Export Ban

Oil executives and their lobbyists launched a coordinated contingency plan to persuade the Trump administration not to enact a ban on U.S. diesel exports....

1 week ago

L.A. Comes to Grips With a Studio Merger Many Didn’t Want

Politicians and rank-and-file workers who feared a Paramount-Warner Bros. Discovery deal now hope concessions will soften the impact....

1 week ago

How the Panama Canal Became a 50-Mile Waterway With a $5 Million Ticket Price

High bids to use the waterway follow shipping disruptions from the Iran war and extreme weather....

1 week ago

Group of World Leaders Push for Global Controls on AI

Plus, a perfect storm for the benchmark Treasury yield and the global fuel supply squeeze is jacking up costs beyond the gas pump....

1 week ago

Activist Starboard Urges Construction Company to Explore Sale

Knife River’s stock dropped over 7% Wednesday following an investor presentation....

1 week ago

Barry Diller Withdraws Bid for MGM Resorts

The billionaire had been in talks with the casino operator after offering in June to take a majority stake....

1 week ago

Mamdani Targets ‘Greedy Algorithm’ of Corporations in a New Brand of Politics

Politicians on the left and right are watching how the New York mayor’s tactics play out in world’s center of capitalism....

1 week ago

U.S. Regulators Plan Major Move to Speed Authorizations of Vapes, Tobacco Pouches

The move comes despite lawmakers voicing concern about recent flavor approvals....

1 week ago

Opinion | Democrats to Maintain Control at CBS, CNN

Blue-state attorneys general block potential media reform....

1 week ago

Disney Boosts Prices on Several Streaming Subscriptions

Standalone plans for the entertainment company’s Disney+ and Hulu streaming services will now cost an additional $2.50, at $21.49 a month....

1 week ago

Opinion | America Can’t Afford an Aluminum Shortfall

Combatting unfair trade is necessary but not sufficient....

1 week ago

Bentley Tests Bumpy EV Market With $230,000 SUV

The launch is the latest move by Europe’s luxury automakers to seek growth from electric vehicles....

1 week ago

Guitar Center Lost Its Way. This Man Is Charting a Comeback.

The CEO is trying to make the stores a destination for ‘serious musicians’ by putting more high-end instruments on the floor and creating an in-house guitar to sell....

1 week ago