Updated July 26, 2022 11:26 am ET Listen to article (1 minute) HONG KONG—Alibaba Group Holding…
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GE Gets Lift From Aviation but Cuts Cash-Flow Goals
Updated July 26, 2022 10:51 am ET Listen to article (2 minutes) General Electric revenue rose…
Federal Regulators Investigating Ford Bronco Over Reports of Catastrophic Engine Failure
The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some…
WSJ News Exclusive | Shopify to Lay Off 10% of Workers in Broad Shake-Up
Shopify is cutting roughly 1,000 workers, or 10% of its global workforce, rolling back a bet…
Treasury Moves to Ease Limits on Foreign Tax Credits After Companies Object
Listen to article (2 minutes) WASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax…
Drugmakers Hope New Heart Drugs Boost Sales, Revive Market
The once lucrative heart-drug market is now poised to make a comeback, but at the cost…
WSJ News Exclusive | Fantasy-Sports App Underdog Valued at $485 Million in Fundraising Round
Fantasy-sports app Underdog said it has completed a second fundraising round that values the company at…
IMF Again Cuts Global Growth Forecast Amid Inflation, War in Ukraine
WASHINGTON—The International Monetary Fund lowered its outlook for global economic growth again for 2022 and 2023,…
3M’s Earplug Business Files for Chapter 11
3M placed its subsidiary that houses its military-grade earplug business into bankruptcy proceedings as it booked…