WSJ
Longtime OpenAI Exec Brad Lightcap to Step Down
Lightcap, who had served as operating chief of OpenAI since 2022 after joining the company in 2018, said he was leaving to “start something new.”...
3 days ago
On Holding Tempers Outlook as Running-Shoe Sales Underwhelm
The Swiss running-shoe maker now expects sales to grow in the low-20% range for the year after it deliberately stymied growth across its wholesale channels during the latest quarter....
3 days ago
Curaleaf Plans Hostile Bid for Rival Aurora Cannabis
Curaleaf plans to launch a $272 million unsolicited takeover bid to acquire Canadian cannabis company Aurora after its board repeatedly refused to negotiate an acquisition deal....
3 days ago
Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets
FlightAware says such markets could encourage unsafe tactics to cause cancellations and create the potential for disruption to air travel....
3 days ago
Yankees Strike $2.6 Billion Financing Deal With Apollo Sports Capital
Yankee Global Enterprises, the parent company of the New York Yankees, said it reached a $2.6 billion financing agreement with affiliates of Apollo Sports Capital, providing capital for the baseball f...
3 days ago
Food Companies Dodge Crackdown in RFK Jr.’s Proposal on New Additives
Some trade groups and food-safety advocates find that a rule aimed at increasing transparency has limitations....
3 days ago
Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal
The media mogul’s live entertainment business Mari Group said it had agreed to buy Britain’s ATG Entertainment from a private-equity firm....
3 days ago
Cardinal Health Logs Mixed Sales, Sees Growth in New Year
Cardinal Health had a mixed fiscal fourth quarter in terms of sales across its two main business lines, but expects revenue to rise in both segments in the new fiscal year....
3 days ago
U.S. Small Business Confidence Rose Last Month
The National Federation of Independent Business said that its small-business optimism index rose to 99.8, its highest level since August 2025....
3 days ago
An Oil Refiner That Fled California Is Back—With a Giant Pipeline From Texas
Phillip 66’s 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Angeles....
3 days ago
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....
3 days 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.”...
3 days ago
Shareholder Proposal Filings Are on the Wane
3 days 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....
3 days 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....
3 days 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...
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days 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....
4 days ago
Financial Services Roundup: Market Talk
Find insight on St. James’s Place, UOB and more in the latest Market Talks covering financial services....
4 days ago
FDA Orders Food-Ingredient Disclosure, Delays RFK Jr.’s Ultraprocessed Crackdown
Companies will have to notify regulators before adding new ingredients to food....
4 days 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....
4 days ago
Intel to Offer $15 Billion of Common Stock
The chip maker cited strong customer demand driven by unprecedented investment in AI compute....
4 days 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...
4 days 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....
4 days 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....
4 days 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....
4 days ago
War Is Helping Chinese EVs Upend the Global Car Market
High gasoline prices are giving a boost to China’s electric-vehicle exports....
4 days 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....
4 days 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....
5 days 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....
5 days 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....
5 days 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....
5 days 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....
5 days 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....
5 days ago
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