Snap's Gloomy Forecast Prompts Debate Over Trouble for Broader Advertising Market

Some analysts say the company’s weaker outlook suggests macroeconomic pressures on ad spending, while others say Snap had aggressive expectations.

Glencore Reaches Settlements With U.S., U.K., Brazil on Bribery, Market Manipulation

The Anglo-Swiss commodities company says it will pay at least $1.2 billion and two of its business units will plead guilty.

McDonald's Poised to Retain Both Seats in Proxy Fight With Icahn

Activist investor Carl Icahn had challenged the fast-food chain over its suppliers’ treatment of animals.

Oatly Lines Up a Successor to CEO Toni Petersson

The recently hired Jean-Christophe Flatin, a food-industry veteran, is seen as a likely eventual replacement for Mr. Petersson.

Stellantis, Samsung SDI Plan New EV Battery Plant in Indiana

The companies said they plan to invest $2.5 billion in the plant, which they expect to create 1,400 jobs.

Fed Searches for the Magic Number to Cool a Red-Hot U.S. Housing Market

The central bank must decide on an interest rate that will cap sky-high price growth without triggering a painful economic slowdown. Home sales are showing the first signs of cooling.

Inflation, Rising Rates Curb Global Economic Growth

The latest business surveys underline the series of obstacles the global economy is facing this year, with some global companies beginning to plan for a significant slowdown or a recession.

Treasury to Block U.S. Investors From Receiving Russian Debt Payments

The move to cut off Russia’s ability to make payments on its dollar-denominated sovereign debt will likely put it on a path towards defaulting on its foreign debts this summer.

New-Home Sales Post Biggest Drop in Nine Years

Sales of newly built homes fell 16.6% in April from March, the latest sign that higher interest rates are reducing buyer demand.

Where Is Inflation Headed? Nine Signs to Watch

Economists are monitoring housing costs, the auto market and other contributors to high inflation as they try to discern pricing trends, especially for the longer term.

Swamped U.S. Seaports Brace for an Earlier Peak Shipping Season

Gateways stretched thin by record cargoes and congestion say this year’s crush will come weeks early, as importers try to ensure their goods arrive ahead of the fall shopping season.

Covid-19 Vaccine and Drug Sales, Once Booming, Plateau

Merck, J&J and some other drugmakers are dialing back sales estimates now that supplies are ample and many people are vaccinated.

Wendy's Largest Shareholder Explores Burger-Chain Deal

Trian Fund Management said it is weighing possible transactions to acquire control of the company.

Abbott to Release 300,000 Specialty Baby Formula Cans

The release of the product, for children with severe food allergies or stomach disorders, came as the FDA cleared the import of 2 million cans of formula from the U.K.

Lyft to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown

President John Zimmer announced the measures to staff Tuesday.

SpaceX Valuation Reaches $125 Billion

The rocket company led by Elon Musk has raised at least $1.5 billion in its latest funding round, as it pushes ahead with ambitious projects.

Boeing Changes Will Make Planes Safer, Executive Says

The company has revamped how it designs flight-control systems after 737 MAX crashes, among other changes aimed at improving its safety culture.

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