WSJ

The Morning Risk Report: L3Harris Ousts CEO After Investigation Into Conduct

Plus: Companies may stick with quarterly earnings statements; Florida workers disappearing...

1 week ago

Houthi Threat to Red Sea Shipping Rises

Plus: Uber teams up with Zipline for drone deliveries; home-improvement revival sputters....

1 week ago

Big Oil’s Liabilities Are Shrinking. What’s Next?

Plus, soaring bond yields spook investors....

1 week ago

Xiaomi Has Another Weak Quarter Amid Memory-Price Hikes, Slow Demand

Xiaomi continues to face headwinds, with pricier memory chips pressuring smartphone margins, and reduced subsidies adding to already subdued consumer demand....

1 week ago

Home Depot Posts Higher Sales, Backs Outlook

Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot’s sales higher and giving the company confidence to back i...

1 week ago

Baidu’s Profit, Revenue Continue to Fall as It Pivots to AI

The Chinese internet titan’s second-quarter net profit and revenue came in below analysts’ expectations....

1 week ago

Why Do Boards Keep Giving Misbehaving CEOs Second Chances?

The trajectory of L3Harris’s Christopher Kubasik highlights a familiar pattern: CEOs accused of misconduct often go on to nab top jobs elsewhere....

1 week ago

Diesel Buyers Compete for Shrinking Supply Pool

Diesel buyers are competing for shrinking supply amid disruptions in Russia and the Middle East, with the U.S. at the center of a scramble that could intensify into the winter....

1 week ago

Brent Above $90 As Hormuz Deal Prospects Dim

Brent crude rose above $90 a barrel as prospects for a near-term peace deal to reopen the Strait of Hormuz faded....

1 week ago

Frasers Group Increases Hugo Boss Stake to 48% After Offer Period

The British retail company said it received acceptances for 12.2 million Hugo Boss shares, or about 17.62% of the German company....

1 week ago

The Web of Hidden Deals That Snared the Dodgers Owner in a Federal Probe

Under pressure from investigators and regulators, billionaire Mark Walter is racing to unwind bets and save his sports-and-finance empire....

1 week ago

BHP Annual Profit Rises On Record-High Copper Prices

The world’s biggest miner by market value reported a 9% increase in annual net profit and an even bigger gain in underlying earnings as prices of copper surged to all-time highs....

1 week ago

Why Trump Is Threatening Again to Bomb Oman

Some U.S. officials see Oman as favoring Iran, while others say Trump is lashing out over failures to make a nuclear deal....

1 week ago

Opinion | Bean Counting, Antisemitism and the EEOC

Reports on workforce demography not only encourage quotas but mask discrimination....

1 week ago

Trump Floats Strikes on Oman if It Interferes in Iran Peace Efforts

Plus, L3Harris ousted its CEO and the Justice Department moved to restore felons’ gun rights....

1 week ago

Paramount Wants States, Writers Challenging Warner Deal to Post $1.88 Billion Bond

The company says the litigants who sued to stop the deal should have to cover financial damages if they lose their lawsuit....

1 week ago

Opinion | How to Cure What Ails American Capitalism

My readers agree socialism isn’t the answer—and they offer creative ideas about what to do instead....

1 week ago

L3Harris Ousts Chairman, CEO After Investigation Into Conduct

The defense contractor has replaced Christopher Kubasik after an investigation into an alleged violation of the company’s code of conduct....

1 week ago

Investment Firm General Atlantic Is Eyeing an IPO Again

The company manages around $130 billion and had filed to go public in 2023....

1 week ago

Finfluencers Build Trust With Relatability, Rage Bait and GRWM Routines

Plus, affordable entry points are driving double-digit growth in luxury....

1 week ago

OpenAI Locks In Lease for Huge Data Center in Ohio With Backing From Nvidia

The agreement with SoftBank’s SB Energy caps weeks of negotiations over the largest data-center project announced to date....

1 week ago

L3Harris Parts Ways With Chairman, CEO Kubasik Over Conduct

L3Harris Technologies has parted ways with Christopher Kubasik, its chairman and chief executive, after determining that the executive had violated the defense contractor’s code of conduct....

1 week ago

Madison Air to Buy Airflow-Technologies Company for $5.4 Billon

Madison Air, which provides air-quality solutions, said he acquisition will add to its portfolio of new products that will help customers improve uptime, efficiency and productivity....

1 week ago

How Might Companies Alter Financial Reporting Due to SEC Rule? KPMG Survey Offers Clues

New KPMG data offer glimpse of the future of corporate financial reporting; the DIY M.B.A.: A look at four college dropouts—and leadership lessons they learned....

1 week ago

Warehouse Operators Accelerate Automation

Also: GM and Ford clash over tariffs and trade policies; Chinese carrier opens Arctic shipping route....

1 week ago

Many Companies Would Announce Earnings Quarterly, Ditch Filings Under SEC Proposal

In a survey, most firms said they would still report their financials four times a year but do fewer government filings given the option to file semiannually....

1 week ago

Behind Peace Talks, Iran Hard-Liners Prepare for a Longer, Costlier U.S. War

Plus, we examine why Big Tech’s AI spending is $3 trillion higher than it seems, and how Burger King overtook Wendy’s....

1 week ago

American Luxury Brands Have a Secret Weapon: $12 Tennis Socks

Coach and Ralph Lauren are still growing because they understand what middle-class shoppers can afford....

1 week ago

Alibaba to Sell Videogame Business for at Least $1.5 Billion

Alibaba Group is selling its videogame arm in a deal worth at least $1.5 billion, as the Chinese company shifts its focus to artificial intelligence....

1 week ago

Geely Auto Profit Slips, Cushioned by Overseas Sales

China’s second-largest electric-vehicle maker recorded slightly lower net profit in the first half despite a surge in overseas sales, dragged by weaker demand in its home market....

1 week ago

K-Beauty Has Conquered the World. China’s Proya Wants C-Beauty to Be Next.

Proya Cosmetics will start selling its flagship brand in the U.S. via a partnership with retailer Ulta Beauty....

1 week ago

How Burger King Revamped Its Whopper and Overtook Wendy’s

The burger’s overhaul, overseen by a corporate chef who had already worked magic at Popeyes, is helping propel a comeback....

1 week ago

Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter

Proceeds from loans made by Walter’s insurers passed through firms purportedly controlled by each of these four entities....

1 week ago

Opinion | Sheinbaum Moves to Gag Mexico’s Media

The president insists she backs democratic norms, but individual liberty is vanishing....

1 week ago

How These Farmers Became the Face of the Data-Center Resistance

Plus, Democrats try to move on from intraparty fights, and two roommates’ plan to try every world cuisine is boosting New York restaurants....

1 week ago

Two Guys Are Eating Their Way Around the World—Without Leaving New York

Dillon Davis and Nichols Neff’s plan to try every world cuisine is no longer just a project. It’s a community for chefs and foodies alike....

1 week ago

From ‘Piece of Junk’ to Prize Showpiece: The Rise of the Everyday Classic Car

Collectors are ditching the rare Corvettes and picking up Honda Civics and Ford Tauruses as classics....

1 week ago

Big Manufacturers Find New Demand in Equipping AI Data Centers

Companies such as Caterpillar and Cummins are pivoting to feed a booming market for once-prosaic power equipment....

1 week ago

Why Buy It When You Can Print It? A DIY Nation Has a Fix for Broken Doodads

Creating replacement parts with 3-D printers can be easier and cheaper than buying new household items....

1 week ago

What I Learned From My Conversations With the Superrich

They lose billions in months and hold quarterly board meetings with their children. Inside the high-stakes, high-reward mindset of the ultrawealthy....

1 week ago

Ford and GM Are Locked in a New Battle Over Who’s the Most American Carmaker

America’s trade war has left its two largest automakers sparring over favorable tariffs on imports, batteries and more....

1 week ago

The Other Kushner Steps Into the Spotlight With $12.5 Billion Lakers Deal

Thrive Capital, Joshua Kushner’s venture-capital firm, is expanding beyond tech investments....

1 week ago

Jane Street Suffers Loss of About $15 Billion Following Troubles at Situational Awareness

The trading firm posted its worst month ever in July after bets at Leopold Aschenbrenner’s hedge fund soured....

1 week ago

MSG Sports Files to Spin Off Rangers from Knicks

MSG Sports has filed a registration statement with regulators for a new company to manage the New York Rangers business separately from its New York Knicks operations....

1 week ago

Navy Deployment in Middle East ‘Not Nearly Long Enough,’ Trump Says

Plus, PayPal is in talks to sell itself, and NATO shot down a drone in Latvian airspace....

1 week ago