Wall Street Journal

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

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 mor...

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

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.

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 w...

1 week ago
Reservation Apps Have Made Getting Into a Restaurant a Nightmare

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 custom...

1 week ago
Situational Awareness Bets $400 Million on Stealth Chip Startup After Crash

Situational Awareness Bets $400 Million on Stealth Chip Startup After Crash

AI-battered hedge fund Situational Awareness made a big bet this week in Source Foundry, a private company aiming to rei...

1 week ago
Wonder Takes a Gamble on Robots, Drones and AI-Generated Menus

Wonder Takes a Gamble on Robots, Drones and AI-Generated Menus

Wonder is infusing automation into everything, from cooking and delivery to menu creation, with the goal to help its foo...

1 week ago
Army Opens Test Ranges to Private Industry to Help Break Munitions Bottleneck

Army Opens Test Ranges to Private Industry to Help Break Munitions Bottleneck

Test ranges are allowing companies to prove their weapons work in battlefield conditions, expediting the process of gett...

1 week ago
Ford Plans a Four-Door Version of Mustang

Ford Plans a Four-Door Version of Mustang

The design would be a first for the automaker’s “pony car” and possibly broaden its consumer appeal....

1 week ago
Singapore Billionaire Sues Brookfield for Allegedly Aborting Planned Real-Estate Joint Venture

Singapore Billionaire Sues Brookfield for Allegedly Aborting Planned Real-Estate Joint Venture

Lim Chap Huat, executive chairman of Singaporean real-estate firm Soilbuild Group Holdings, alleges that Brookfield usur...

1 week ago
The Hottest App in Retail Is Now Worth $20 Billion

The Hottest App in Retail Is Now Worth $20 Billion

Whatnot, a fast-growing live-shopping platform, has nearly doubled its valuation in 10 months....

1 week ago
The Pointy Desert Plant That Could Make Toilet Paper Softer—and Greener

The Pointy Desert Plant That Could Make Toilet Paper Softer—and Greener

Plus, a treatment for narcolepsy, a breakthrough in breeding new avocados and singles swap swiping for matchmaking bots....

1 week ago
Opinion | Anthony Fauci, the Pandemic and Public Trust

Opinion | Anthony Fauci, the Pandemic and Public Trust

Readers debate his conduct and legacy after the recent release of his diary....

1 week ago
China-Free Batteries Made From Salt Are Finally Here

China-Free Batteries Made From Salt Are Finally Here

Sodium-ion batteries have almost none of the problems that lithium-ion ones do, and could be cheap enough to make fossil...

1 week ago
Take-Two Logs Higher Sales but Loss Widens

Take-Two Logs Higher Sales but Loss Widens

The video-game company recorded higher sales and a wider loss in its fiscal first quarter....

1 week ago
Under Armour Posts Lower Revenue on Soft Demand in North America, Asia-Pacific

Under Armour Posts Lower Revenue on Soft Demand in North America, Asia-Pacific

Under Armour posted lower fiscal first-quarter revenue but the company swung to small profit despite a challenging envir...

1 week ago
Wendy’s Withdraws Outlook, Cuts Dividend as Turnaround Continues

Wendy’s Withdraws Outlook, Cuts Dividend as Turnaround Continues

Wendy’s withdrew its guidance and cut its dividend, as it works to return to sales growth at its U.S. restaurants....

1 week ago
Tech, Media & Telecom Roundup: Market Talk

Tech, Media & Telecom Roundup: Market Talk

Find insight on Kakao, AppLovin, Warner Bros. Discovery and more in the latest Market Talks covering technology, media a...

1 week ago
The Morning Risk Report: Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases

The Morning Risk Report: Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases

Plus: Explosive drone at German airport marks new threat for Europe, and Meta AI hacks add to concerns over rogue bots....

1 week ago
Dream Finders to Buy Beazer for $915 Million

Dream Finders to Buy Beazer for $915 Million

Dream Finders Homes inked a deal to buy Beazer Homes for about $915 million, following several months of talks....

1 week ago
New Intelligence Warns Russia May Provoke NATO Amid Dwindling U.S. Munitions

New Intelligence Warns Russia May Provoke NATO Amid Dwindling U.S. Munitions

Plus, once-hot software companies race to reinvent themselves as AI closes in, and NYC’s pied-à-terre owners hunt for cr...

1 week ago
This Fashion IPO’s Growth Story Looks Flimsy

This Fashion IPO’s Growth Story Looks Flimsy

Reformation’s edge on quality and value appears to be unproven....

1 week ago
Monte dei Paschi Weighs Strategic Options as Intesa Circles

Monte dei Paschi Weighs Strategic Options as Intesa Circles

The Italian bank said that it is analyzing, together with advisors, its strategic options as rival Intesa Sanpaolo proce...

1 week ago
Volkswagen Backer Porsche SE Calls for Faster Overhaul After $3.5 Billion Hit

Volkswagen Backer Porsche SE Calls for Faster Overhaul After $3.5 Billion Hit

The German automaker’s major shareholder urged swift action to improve competitiveness after impairments on its investme...

1 week ago
Daimler Truck Plans September Launch of Second $1.27 Billion Share Buyback Tranche

Daimler Truck Plans September Launch of Second $1.27 Billion Share Buyback Tranche

The truck and bus maker outlined the plans alongside confirmation of a guidance raise announced last month....

1 week ago
Munich Re Cuts Revenue Outlook After Volume Drop in July Contract Renewals

Munich Re Cuts Revenue Outlook After Volume Drop in July Contract Renewals

Both volumes and prices fell at last month’s round of reinsurance-contract renewals, but the German reinsurer reiterated...

1 week ago
Allianz Operating Profit Hits Record High on Asset Management Growth

Allianz Operating Profit Hits Record High on Asset Management Growth

Europe’s largest insurer by market capitalization booked a 10.6% rise in group operating profit....

1 week ago
FAA Orders Inspections of Over 400 Boeing 737 Max Jets for Possible Cracks

FAA Orders Inspections of Over 400 Boeing 737 Max Jets for Possible Cracks

The Federal Aviation Administration has ordered the inspections of Boeing 737 Max jets for cracks of a component that co...

1 week ago
China’s New Export Engine: Supplying the Factories of the World

China’s New Export Engine: Supplying the Factories of the World

No longer just a producer of cheap consumer goods, China is exporting more high-value items that underpin global manufac...

1 week ago
Naver Posts Resilient Second-Quarter Profit Despite Higher AI Costs

Naver Posts Resilient Second-Quarter Profit Despite Higher AI Costs

The South Korean internet company posted resilient second-quarter earnings despite higher AI-related operating costs, su...

1 week ago
‘Refine, Baby, Refine’ Is the Energy Industry’s New Mantra

‘Refine, Baby, Refine’ Is the Energy Industry’s New Mantra

America’s fuel-makers are maxed out as they try to fill in the gaps of the global fuel supply crunch....

1 week ago
Meta Ordered to Pay $942 Million to Address Harm to Kids From Social Media

Meta Ordered to Pay $942 Million to Address Harm to Kids From Social Media

A New Mexico judge ordered the social-media giant to create a new $567 million fund in addition to paying $375 million i...

1 week ago
Airbnb Boosts Full-Year Forecast on Strong Demand as AI Bets Pay Off

Airbnb Boosts Full-Year Forecast on Strong Demand as AI Bets Pay Off

The short-term-rental company said it now expects revenue to increase by at least a mid-teens rate this year, up from it...

1 week ago
Consolidated Edison Reports Higher Profit, Revenue

Consolidated Edison Reports Higher Profit, Revenue

The New York-based utility company posted a second-quarter profit of $308 million, up from $246 million a year earlier....

1 week ago
Nielsen to Buy DoubleVerify

Nielsen to Buy DoubleVerify

Nielsen Holdings agreed to buy DoubleVerify in a deal with an enterprise value of about $2.15 billion....

1 week ago
SpaceX True Believers Propel Shares Past End of Epic Lockup

SpaceX True Believers Propel Shares Past End of Epic Lockup

Some analysts are raising an eyebrow. Retail sees an ‘insane opportunity’ to buy....

1 week ago
Sweetgreen Lowers Full-Year Outlook Due to Cyclosporiasis Outbreak as Loss Widens

Sweetgreen Lowers Full-Year Outlook Due to Cyclosporiasis Outbreak as Loss Widens

The company now expects same-store sales to drop between 7% and 8% due to lower demand from the multistate cyclosporiasi...

1 week ago
DraftKings Second-Quarter Revenue Falls, Hurt by Promotions

DraftKings Second-Quarter Revenue Falls, Hurt by Promotions

The online sports betting company posted a loss of $67.6 million for the second quarter, compared with a profit of $157....

1 week ago