A $2 billion Chicago-St. Louis project will offer a top speed of just 110 mph and shave an hour off the trip. Few people are expected to use it. One problem: having to share the track with freight railroads.
Cheniere Energy’s expected $18 billion deal to supply natural gas to China signals the company’s growing bet on the country, and China’s emergence as a top market for U.S. gas exporters.
Salesforce on Monday reported a stronger profit for the latest period and presented a bullish view on sales growth, targeting $26 billion to $28 billion in revenue by fiscal 2023.
Facebook and Instagram sued four companies and three people based in China for creating and selling fake accounts, likes and followers, according to a posting on the social media giant’s website.
At the mobile-phone industry’s premier trade show, two of the world’s three biggest makers lavishly displayed what they hope will be the smartphone of the future. The question is, will anyone buy it?
Purdue Pharma is working with advisers on a possible bankruptcy filing as it seeks to contain liability from suits alleging it fueled the U.S. opioid epidemic.
Venezuela’s U.S.-backed opposition leaders asked a federal appeals court to refrain from carving up the country’s foreign assets, saying their loss would hurt the chances of political change in Caracas.
Disney tweaked Robert Iger’s pay package, removing $13.5 million in potential salary and incentive awards available for the CEO after the company closes its acquisition of Fox assets.
AT&T started reorganizing its WarnerMedia unit by combining its disparate networks and entertainment businesses, an overhaul that is expected to lead to cost-cutting and layoffs.
Barrick Gold’s bid to acquire rival gold producer Newmont Mining centers on a plan to combine portfolios and operations in the state of Nevada.
Vale, the owner of a mine-waste dam that collapsed this year, killing more than 180 people, dismissed an auditor that refused to certify the dam as safe in September, according to an initial probe by police and prosecutors.
Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year.
U.S. and European trade negotiators, under growing domestic pressure over agriculture, are set to meet again this week as clashing demands threaten to rekindle a tit-for-tat economic war.
Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada.
Ray Kelvin, the founder and chief executive of British fashion retailer Ted Baker, has resigned with immediate effect following an investigation into his alleged misconduct.
China and the U.S. are close to completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions levied against Chinese products since last year.
Samsung has long made good hardware, and the Galaxy S10 is its best yet. But for the first time, the company also nailed the software.
Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.
Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.
Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.
Vale Chief Executive Fabio Schvartsman and other top executives of the Brazilian mining giant stepped down following pressure from authorities in the first sign investigators are zeroing in on the company’s leadership after the deadly collapse of one of its dams.
The hulking megaships that serve the world’s biggest trade routes look more than ever like monuments to brash corporate planning and projections built more out of hopes than reality.
Tesla CEO Elon Musk’s latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy books or clothes.
A new-generation SpaceX capsule autonomously docked with the international space station on Sunday, in a successful test of computers and maneuvering systems deemed essential to carry U.S. astronauts on future missions.
Arms makers are targeting the growing menace of drones at airports and on battlefields with a rush to develop new missile systems, radar jammers and laser cannons.
John Stankey, the AT&T executive at the helm of newly-acquired WarnerMedia, is planning to revamp CNN’s digital operation, which he believes requires more investment in product development and data analytics.
On Wednesday, the Census Bureau will likely report the U.S. last year registered the largest trade deficit in its history. How that happened is a lesson in the economics of imbalances.
Elon Musk’s SpaceX successfully launched a Crew Dragon capsule on its maiden voyage into orbit without people on board, but technical challenges could delay for months the first trip carrying astronauts.
Brazilian mining giant Vale could face a close to $7 billion fine if convicted of colluding with safety auditors to hide unsafe conditions at the dam that collapsed and killed more than 180 people near Brumadinho.
Cheap and constantly improving, Wi-Fi networks have grown to near ubiquity. But some telecom executives hope customers will eventually drop “rubbish” Wi-Fi in favor of new 5G cellular technology, which they say could drive more data and revenue onto their networks.
Canada said the U.S. had presented enough evidence to proceed with the extradition hearing for a Huawei Technologies top executive, clearing the way for a case at the center of tensions between the U.S., China and Canada.
AT&T closed on its $80 billion-plus acquisition of Time Warner last June, but the real takeover is beginning now. The telecommunications giant is expected within days to officially break down the corporate walls and fiefdoms that have long been a way of life at Time Warner’s HBO, Turner and Warner Bros. units.
Sheldon Adelson, a billionaire casino magnate, is being treated for cancer but remains at the helm of the casino empire he founded some three decades ago, his company said on Friday.
Lyft made its IPO documentation public, a move that fires the starting gun on what’s expected to be one of the biggest years for tech IPOs ever.
Amazon is planning to open dozens of grocery stores in several major U.S. cities as the retail giant looks to broaden its reach in the food business and touch more aspects of consumers’ lives.
All sorts of people who have previously had trouble landing a job are now finding work. A look at who’s getting ahead, who could be left behind and how long the boom can last.
Subaru plans to recall as many as 2.3 million vehicles globally to fix a defect caused by chemicals released by everyday products like fabric softener or car polish.
Foot Locker reported strong sales for its latest quarter, helped by customers’ willingness to shell out more for sneakers.
Put in your info to see if you’re one of the many workers benefiting from a strong U.S. labor market.
Inflation fell short of the Federal Reserve’s 2% target in 2018 for a seventh consecutive year, though a closely watched measure of underlying price pressures gained traction in December.
Income softened in January, driven by a sharp dive in both dividend and proprietors’ income that reverted an outsize jump in December income.
The clock starts ticking this weekend for Congress to reach a deal to raise the federal borrowing limit, or debt ceiling, before the government runs out of money to pay its bills sometime this fall.
Larry Culp’s first shareholder letter as GE’s CEO was brief, reflecting changes in the company, which can only afford to pay a token dividend and is breaking itself apart.
Caesars Entertainment agreed to replace three members of its board as part of a pact with activist investor Carl Icahn, who is pushing to sell or merge the casino and resort operator.
EBay will review its operations and assets and add two directors, with a third new member to be added later in 2019, as part of agreements with affiliates of activist investors Elliott Management and Starboard Value.
Federal Reserve Chairman Jerome Powell completed two days of testimony on Capitol Hill this week. Here are five things learned from the exchanges with lawmakers.
PG&E said its equipment will probably be found to be an “ignition point” of the Camp Fire in Paradise, Calif., last year that killed 85 people, and recorded total fire-related charges of $11.5 billion in the fourth quarter.
HBO Chairman and Chief Executive Richard Plepler said he is stepping down, a move that comes as new owner AT&T Inc. is looking to put its own stamp on the premium cable channel that was part of its $80 billion acquisition of Time Warner.
Tesla is shifting all its global sales online to cut costs as it begins taking orders for the $35,000 version of its Model 3 compact car.
Average tax refunds rebounded after a weak start to the tax-filing season, according to Internal Revenue Service data released Thursday that was highlighted by Treasury Secretary Steven Mnuchin.
A SpaceX flight set for early Saturday won’t include crew but will test hardware reliability of the Crew Dragon capsule, as the U.S. tries to get back into the business of transporting astronauts into space.
The economy completed one of the best years of a nearly decadelong expansion, growing at a modest pace despite turbulent markets, uncertainties about trade with China and a government shutdown in late December.
Amazon is starting to let brand owners delete listings on its site for products they deem fake, a shift in its struggle to fight counterfeiters that cedes some responsibility to others.
Jerome Powell said the U.S. economy is doing well, but he highlighted risks to growth that prompted the central bank to signal it is done raising interest rates for now.
Gap said it will separate the fast-growing Old Navy chain from its struggling flagship brand, creating two publicly traded companies.
WSJ reporter Katherine Bindley found that our ability to control Facebook ad tracking is limited and that much of what Facebook claims should come with lengthy footnotes.
Ten years after the recession, many states have revenue surpluses and some are sending that bounty back to taxpayers with higher spending or cuts in taxes.
AB InBev, the world’s largest brewer, said its efforts to woo drinkers with new lower-carbohydrate and lower-alcohol drinks had started to improve its performance in the U.S.
General Motors’ Global Manufacturing Chief Alicia Boler Davis will leave in April to join Amazon.com, while the head of North America, Alan Batey, will retire after 40 years.
U.S. taxpayers reported 33.5% more in net capital-gains income in 2017 than in 2016, according to new IRS data that provide the first look at the final year before the Tax Cuts and Jobs Act took effect.
The number of Americans filing applications for new unemployment benefits increased last week.
Puma will become the official uniform supplier to reigning English Premier League soccer champions Manchester City, as the German sportswear maker takes one of the sport’s most prized assets from industry leader Nike.
Since 2013, the state’s largest utility has repeatedly postponed upgrades to the high-voltage line that ran near Paradise, Calif., records show. The story of the Caribou-Palermo line is part of California’s wildfire reckoning and at the center is PG&E and its track record of safety lapses.
One of Bristol-Myers’s largest shareholders is opposing the company’s $74 billion deal to buy rival Celgene, becoming the latest investor to express its unhappiness with the transaction.
Television veteran Robert Greenblatt is in advanced talks with AT&T to take a senior role at WarnerMedia that could include oversight of the HBO and Turner entertainment networks.
Regulatory approval comes several months after the airline first proposed Hawaii service, which it calls its growth opportunity.
Best Buy said its holiday sales got a boost from the surging popularity of the “Fortnite” videogame, which spurred purchases of headphones and other accessories.
HP’s sales missed Wall Street targets in the most recent quarter, but the company maintained its full-year outlook on adjusted profit.
Campbell Soup made progress in its effort to reignite growth after a tumultuous year, underscoring the gulf between some smaller food makers and the problems facing Kraft Heinz.
John Malone’s Liberty Global, a holding company for European cable assets, will sell its Swiss unit, UPC Switzerland, to Sunrise Communications Group in a deal with an enterprise value of about $6.3 billion.