Nike Sales Jump as It Works Through Inventory Glut

The sneaker maker’s profit fell 11% as it relied on higher markdowns.

TikTok Reassures Advertisers Over Ban Threat as Some Set Backup Plans

Business Advertisers take wait-and-see approach after Biden administration demands video app’s Chinese owners sell stake

WSJ News Exclusive | White Claw Upended the Beer Business—Now It Is Coming for Vodka

By jennifer maloney , Photo by Deja Fallas for The Wall Street Journal

WSJ News Exclusive | Netflix Bets Big on ‘The Electric State’ as It Seeks to Build Franchises

The streaming company is spending big on the upcoming science-fiction film from the filmmaking team behind…

Google Halts Download of Chinese App Pinduoduo Over Security Concerns

Business Versions of e-commerce apps contain malware, Google said, as Chinese-developed apps come under US scrutiny

Stanley Black & Decker to Close Texas, South Carolina Plants

Business The tool maker says the move will affect 357 employees; 80 jobs will be added…

Foot Locker Expects Sales, Profit to Fall in Coming Year

The shoe retailer is closing stores and raising salaries as new CEO Mary Dillon aims to…

Some Gerber Baby Formula Recalled Due to Possible Contamination

Perrigo says the decision affects certain varieties of Gerber Good Start Sudpro Powder that were made…

Amazon to Cut 9,000 More Jobs After Earlier Layoffs

Technique CEO Andy Jassy cites a ‘precarious economy’ and more uncertainty in the near future

Chinese Antigraft Watchdog Lodges Corruption Allegations Against Ex-Head of Chip Conglomerate

The country’s top antigraft watchdog has brought corruption charges against the former chairman of Tsinghua Unigroup…