WSJ

Opinion | Trump’s Venezuelan Oil Boom Sputters

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

5 days 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....

5 days 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....

5 days 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....

6 days 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....

6 days 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....

6 days 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....

6 days 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....

6 days 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...

6 days 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....

6 days 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

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 reinvent the way chips are manufactured....

1 week ago

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 food halls lower prices enough to compete with restaurant takeout and even grocery ...

1 week ago

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 getting them to the military....

1 week ago

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

Lim Chap Huat, executive chairman of Singaporean real-estate firm Soilbuild Group Holdings, alleges that Brookfield usurped a property deal that the New York-based asset manager had originally pitched...

1 week ago

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

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

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

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

1 week ago

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 posted lower fiscal first-quarter revenue but the company swung to small profit despite a challenging environment in North America and the Asia-Pacific region....

1 week ago

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

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

1 week ago

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 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

Plus, once-hot software companies race to reinvent themselves as AI closes in, and NYC’s pied-à-terre owners hunt for creative ways to dodge the new tax....

1 week ago

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

The Italian bank said that it is analyzing, together with advisors, its strategic options as rival Intesa Sanpaolo proceeds with a $35 billion takeover bid....

1 week ago

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 investment....

1 week ago

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

Both volumes and prices fell at last month’s round of reinsurance-contract renewals, but the German reinsurer reiterated its full-year net profit guidance....

1 week ago

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

The Federal Aviation Administration has ordered the inspections of Boeing 737 Max jets for cracks of a component that could affect the structural integrity of the planes....

1 week ago

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 manufacturing....

1 week ago

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, supported by solid growth in its core search platform and e-commerce businesses....

1 week ago

‘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

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

1 week ago

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 its prior projection for growth in the low- to mid-teens....

1 week ago

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 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

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

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

1 week ago

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 $157.9 million a year earlier....

1 week ago

Rocket Revenue Surges on Mortgage Market Share Gains

Rocket Companies reported higher second-quarter revenue as its market share in both purchase mortgages and refinancings rose....

1 week ago

Lyft’s Bookings Climb, But Expects Growth to Moderate

Though its second-quarter gross bookings rose to $5.5 billion, the rideshare company expects bookings in the current quarter to rise at a slower pace of 15% to 19%....

1 week ago