WSJ
Opinion | Trump’s Venezuelan Oil Boom Sputters
The costs of forcing Caracas to hold free elections are too high for Washington now....
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....
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....
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....
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....
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....
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....
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....
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...
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....
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....
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....
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....
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 ...
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....
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....
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...
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....
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....
Opinion | Anthony Fauci, the Pandemic and Public Trust
Readers debate his conduct and legacy after the recent release of his diary....
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....
Take-Two Logs Higher Sales but Loss Widens
The video-game company recorded higher sales and a wider loss in its fiscal first quarter....
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....
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....
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....
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....
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....
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....
This Fashion IPO’s Growth Story Looks Flimsy
Reformation’s edge on quality and value appears to be unproven....
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....
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....
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....
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....
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....
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....
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....
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....
‘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....
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....
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....
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....
Nielsen to Buy DoubleVerify
Nielsen Holdings agreed to buy DoubleVerify in a deal with an enterprise value of about $2.15 billion....
SpaceX True Believers Propel Shares Past End of Epic Lockup
Some analysts are raising an eyebrow. Retail sees an ‘insane opportunity’ to buy....
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.....
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....
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....
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%....






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