US Business

Uber Posts Higher Revenue and Adjusted Profit

The ride-hailing company beat Wall Street estimates and projected accelerated bookings growth.

Microsoft's Activision Deal Handed Setback by U.K. Regulator

Potential deal would harm gamers, U.K.’s Competition and Markets Authority said, and remedies could include divesting of Activision’s publishing and Blizzard Entertainment units.

CVS Reaches $10.6 Billion Deal to Buy Oak Street Health

The all-cash deal would widen CVS’s healthcare offerings and is the latest sign of the growing tie-ups between health insurers and primary-care doctors.

Bayer Hires Former Roche Executive to Succeed CEO Werner Baumann

New Chief Executive Bill Anderson will confront the company’s Roundup legal troubles and heavy debt load.

Beyoncé's Clothing Line With Adidas Suffers From Weak Sales

Revenue from the singer’s Ivy Park brand fell more than 50% last year and has been running below internal projections, documents show.

Big Tech's Growth and Innovation Slow, But Its Market Dominance Endures

The top U.S. technology companies are no longer big, fast-growing and ferociously innovative. Their market positions still look durable.

New White House Wage Data Show Slowing Pressure on 'Supercore' Inflation

The narrowed gauge tracks only wages linked to services excluding housing, food and energy.

Biden to Push Economic Message After State of the Union Speech

President Biden is taking the economic pitch he delivered during his address on the road, as some GOP lawmakers face criticism for heckling him.

Transcript: Q&A With New York Fed's John Williams at WSJ CFO Network Summit

New York Fed President John Williams discussed the outlook for the labor market, inflation and interest rates during a live interview at WSJ’s CFO Network Summit.

Treasury Says Cloud Computing Poses Risks to Financial Sector

The department says reliance on Amazon, Microsoft or Google would have consequences in case of technical breakdowns.

Disney's Earnings, Reorganization Represent Early Test for CEO Robert Iger

Mr. Iger returns to center stage to present Disney’s quarterly results and, more important, a vision for the company.

Warner Bros. Discovery to Keep Discovery+, in Strategy Shift

The decision reflects concerns that some Discovery+ subscribers might not want to move to a bigger and pricier platform.

TikTok's Secret Sauce Poses Challenge for U.S. Oversight, Researchers Say

Concerns mount over TikTok’s plan to address potential Chinese influence over what videos Americans see.

Adani Stocks Extend Recovery After Steep Slide

Most shares of companies in the Indian conglomerate climbed, continuing a rebound in the group’s combined market value.

Guns Offered for Sale in Facebook Groups Devoted to Religious Extremists in India

Facebook rejected complaints about the posts violating the company’s rules, then later took the posts down.

Google Rolls Out New AI Search Features

The Alphabet unit described new types of search results days after it opened Bard, an artificial-intelligence service, to testing.

Fox to Seek Acquisition Targets After Dropping News Corp Deal

The World Cup, the NFL and increased political advertising contributed to a 4% gain in the media company’s revenue for the just-ended quarter.

Eggs Are Getting Less Expensive---for Stores, Not Shoppers

Egg supplies are expected to remain constrained as long as the bird-flu outbreak persists.

Colgate Recalls Nearly 5 Million Bottles of Fabuloso Cleaner

The product may contain bacteria that’s harmful to immunocompromised people.

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