Wall Street Journal

Energy & Utilities Roundup: Market Talk

Energy & Utilities Roundup: Market Talk

Find insight on TotalEnergies, drawdowns in U.S. commercial crude stocks, oil futures and more in the latest Market Talk...

2 days ago
You Have No Idea What a Trillion Dollars Is—and We Have Proof

You Have No Idea What a Trillion Dollars Is—and We Have Proof

Can you tell the difference between a million, a billion and a trillion?...

2 days ago
Climate Standard Setter SBTi Sets New Rules for Companies Seeking Net Zero

Climate Standard Setter SBTi Sets New Rules for Companies Seeking Net Zero

Carbon removals and environmental credits will now be considered in decarbonization efforts....

2 days ago
Wizz Air Withholds Guidance Due to Middle East Conflict

Wizz Air Withholds Guidance Due to Middle East Conflict

The low-cost carrier posted a slump in net profit for the year through March and said it wasn’t providing guidance for f...

2 days ago
Halma Shares Drop After Guidance Disappoints

Halma Shares Drop After Guidance Disappoints

The stock fell to the bottom of the FTSE 100 after the company issued guidance that pointed to a smaller boost from its ...

2 days ago
Hugo Boss Shares Jump After Frasers Group Takeover Proposal

Hugo Boss Shares Jump After Frasers Group Takeover Proposal

Frasers Group said it would launch a cash offer of around €1.98 billion to take full control of the premium-apparel comp...

2 days ago
South Korea Fines Coupang $410 Million Over Data Breach

South Korea Fines Coupang $410 Million Over Data Breach

The fine for the personal-data breach at the e-commerce company is the largest ever imposed on a single company in South...

2 days ago
China Is Propping Up the World Economy by Importing a Lot Less Oil

China Is Propping Up the World Economy by Importing a Lot Less Oil

Clues are emerging in the mystery of the missing three million barrels—the oil that China would normally be importing bu...

2 days ago
How Cracker Barrel’s CEO Saved Her Job by Abandoning Her Own Strategy

How Cracker Barrel’s CEO Saved Her Job by Abandoning Her Own Strategy

Shares in the restaurant chain shot up on Tuesday after Julie Felss Masino unveiled a more profitable outlook and said d...

2 days ago
What the SpaceX IPO Means for This Texas Border Town

What the SpaceX IPO Means for This Texas Border Town

Watch Micah Maidenberg report from Brownsville, Texas, the largest city in a region already straining to accommodate Elo...

2 days ago
Jared Kushner’s $5 Billion Albanian Reality Check

Jared Kushner’s $5 Billion Albanian Reality Check

Kushner is proposing to build luxury beach hotels and resorts in a corner of Eastern Europe often overlooked by U.S. inv...

2 days ago
What to Know About Drone-Boat Maker Behind Iran Helicopter Crew Rescue

What to Know About Drone-Boat Maker Behind Iran Helicopter Crew Rescue

Saronic’s unmanned Corsair plucked two aviators from the Strait of Hormuz; startup is worth $9.3 billion....

2 days ago
UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks

UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks

Workers at the former American Axle walked off the job June 1....

2 days ago
Former Exxon CEO Lee Raymond Dies at 87

Former Exxon CEO Lee Raymond Dies at 87

The driven, unrelenting oil executive remade Exxon into a colossus that for a time became the world’s biggest and most p...

2 days ago
Opinion | Scott Pelley’s Idea of Journalism

Opinion | Scott Pelley’s Idea of Journalism

Why would anyone think ‘60 Minutes’ is biased? Consider what happened to me....

2 days ago
Oracle Reports Higher Profit on Surging Cloud Revenue

Oracle Reports Higher Profit on Surging Cloud Revenue

The software and cloud-computing company reported cloud revenue rose 47%, including a 92% increase in cloud infrastructu...

2 days ago
The Debate-Loving German Telecom Exec Plotting a Blockbuster Merger

The Debate-Loving German Telecom Exec Plotting a Blockbuster Merger

Timotheus Höttges transformed Deutsche Telekom by doubling down on America’s maverick brand, T-Mobile. His final test is...

2 days ago
Opinion | A ‘Millionaire’s Tax’ Is a Tax on Main Street

Opinion | A ‘Millionaire’s Tax’ Is a Tax on Main Street

Wealth taxes like Hawaii’s disproportionately fall on small-business owners....

2 days ago
Opinion | Jill Biden’s Memoir Fails to Convince Readers

Opinion | Jill Biden’s Memoir Fails to Convince Readers

The former first lady’s explanations for Joe Biden’s decline raise more questions than they answer....

2 days ago
Why This Hospitality Mogul Thinks Intellectual Property Is King

Why This Hospitality Mogul Thinks Intellectual Property Is King

Miami nightlife magnate and Groot Hospitality founder David Grutman reflects on gaining wealth and the power of IP....

2 days ago
U.S. Crude Oil Inventories Fall for Seventh Straight Week

U.S. Crude Oil Inventories Fall for Seventh Straight Week

Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 7.2 million barrels in the week ended June...

2 days ago
Bill Gates Tells Congress His Affairs Had Nothing to Do With Epstein

Bill Gates Tells Congress His Affairs Had Nothing to Do With Epstein

Billionaire says ‘I have never victimized anyone’ and it was a mistake to ever meet with Jeffrey Epstein...

2 days ago
DCC Says It Intends to Accept Revised $7.6 Billion KKR Consortium Offer Proposal

DCC Says It Intends to Accept Revised $7.6 Billion KKR Consortium Offer Proposal

DCC said it would recommend an improved takeover offer from private-equity firms KKR and Energy Capital Partners to shar...

2 days ago
Norway’s Kongsberg Gruppen Targets Sharp Rise in Revenue

Norway’s Kongsberg Gruppen Targets Sharp Rise in Revenue

The Norwegian defense group aims to more than quadruple its revenue in the coming years, buoyed by the development of ne...

2 days ago
Novelis, Top Aluminum Supplier to Ford, to Restart Plant After Fires

Novelis, Top Aluminum Supplier to Ford, to Restart Plant After Fires

Two fires at the upstate New York facility last year proved extremely disruptive to the auto industry....

2 days ago
EU’s Budget Watchdog Criticizes Energy-Spending Rule Change

EU’s Budget Watchdog Criticizes Energy-Spending Rule Change

A move to exempt government spending on reducing the use of fossil fuels from the bloc’s budget rules could be misused a...

2 days ago
Chewy Cuts FY Outlook Despite Higher Sales, Profit

Chewy Cuts FY Outlook Despite Higher Sales, Profit

The online pet-supplies retailer said it now expects net sales to come in between $13.4 billion and $13.55 billion this ...

2 days ago
19 Things to Know About Gwynne Shotwell, SpaceX’s President

19 Things to Know About Gwynne Shotwell, SpaceX’s President

Elon Musk’s trusted lieutenant has a ritual for launch days and put a Starlink on the roof of her car....

3 days ago
Oil Prices Set to Keep Rising Even After Iran Conflict Ends, Shell Boss Says

Oil Prices Set to Keep Rising Even After Iran Conflict Ends, Shell Boss Says

Upside pressure on prices will be a story for the longer term, Wael Sawan said at the WSJ Leadership Institute CEO Summi...

3 days ago
Now Is a Good Time to Buy Into America’s Mega Utility Merger

Now Is a Good Time to Buy Into America’s Mega Utility Merger

The largest U.S. utility is about to buy Dominion Energy, a big peer with data-center exposure. What’s not to like?...

3 days ago
America’s Four-Year Trucking Slump Is Finally Over

America’s Four-Year Trucking Slump Is Finally Over

Freight rates are climbing after hundreds of thousands of carriers were driven out of the industry by low earnings, new ...

3 days ago
WH Smith Shares Hit 16-Year Low After Guidance Cut, Fundraising

WH Smith Shares Hit 16-Year Low After Guidance Cut, Fundraising

Shares fell 17% after the retailer launched a capital raising to boost its balance sheet following a downturn in conditi...

3 days ago
Anti-Nvidia Data Center Startup Is Valued at $1.55 Billion in New Funding Round

Anti-Nvidia Data Center Startup Is Valued at $1.55 Billion in New Funding Round

TensorWave will use a fresh $350 million to fill more data centers with chips from AMD, an investor....

3 days ago
U.K. Needs to Take More Risks to Retain Startups, Business Secretary Says

U.K. Needs to Take More Risks to Retain Startups, Business Secretary Says

The government has taken stakes in startups like Kraken, Wayve and Oxford Quantum Circuits in recent weeks, in a bid to ...

3 days ago
Volvo Says Current Trading Remains Solid as it Moves to Make Earnings More Resilient

Volvo Says Current Trading Remains Solid as it Moves to Make Earnings More Resilient

At the same time, it cautioned that cost inflation is trending upwards, with the CFO saying the company was starting to ...

3 days ago
Autonomous-Truck Company Einride to Begin Trading on Nasdaq

Autonomous-Truck Company Einride to Begin Trading on Nasdaq

The Swedish company’s trading debut comes after it completed a merger with a blank-check firm in a transaction that valu...

3 days ago
UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances

UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances

The Italian bank also holds financial contracts that give it exposure to an additional 16.4% stake in Commerzbank, accor...

3 days ago
Sigma Healthcare in Preliminary Talks to Buy U.K.’s Boots

Sigma Healthcare in Preliminary Talks to Buy U.K.’s Boots

Australia’s Sigma Healthcare said it is involved in early discussions about a potential acquisition of U.K. drugstore ch...

3 days ago
Musk Looks to an Army of Loyalists to Help Make Him a Trillionaire

Musk Looks to an Army of Loyalists to Help Make Him a Trillionaire

The SpaceX IPO is expected to set records Friday and mark a new pinnacle in Wall Street’s retail revolution....

3 days ago
Casey’s General Stores Results Helped by Pizza Sales

Casey’s General Stores Results Helped by Pizza Sales

The Ankeny, Iowa company pointed to strong sales of whole pizzas as well as appetizers and sides, in addition to strengt...

3 days ago