WSJ.com: US Business
US Business
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Norfolk Southern Chief Survives Activist's Push to Oust Him
The activist investor, Ancora Holdings, did score a partial victory, as shareholders voted to replace three members of the company’s 13-person board.Business -
Tesla Told to Detail Driver Warnings, Miles Driven With Autopilot
The National Highway Traffic Safety Administration asked the automaker to explain the process and rationale for many of its recall remedies.Business - Tesla -
Deciphering Tesla's Plans for a Cheaper Car
How the company will make lower-price EVs remains murky, but investors seem OK—for now.Business -
JD Sports Steps Up U.S. Push With $1.1 Billion Deal for Hibbett
JD Sports is buying Hibbett in a deal that values the American retailer at $1.1 billion, doubling down on its push into the U.S. at a challenging time for the sports-retail market.Business -
Inside the Financials of Skydance, Paramount's Suitor
The companies are in exclusive merger talks. Skydance expects a surge in growth in coming years.Business -
Nvidia's Jensen Huang Gets 60% Pay Bump
Huang’s stock awards were valued about $7 million higher than in fiscal 2023, and he received a $4 million cash bonus.Business -
BAE Backs Guidance as Defense Spending Remains High
BAE Systems forecast core earnings to grow 11-13% this year as governments rush to secure military hardware in the face of escalating geopolitical tensions.Business -
Instacart, Uber Join Forces to Add Uber Eats to Instacart App
The two companies announce the partnership as they face competition from common rival DoorDash.Business -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.Business -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.Business - China -
Kraft Heinz's CEO Is a Health Nut. Can He Remake a Processed-Food Giant?
The new CEO explains his lifestyle and his company’s approach to ketchup and LunchablesBusiness -
Novartis Ups Guidance on Profit, Sales Growth
Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.Business -
Aviation-Safety Officials Warn on Air-Traffic Controller Fatigue After Close Calls
The FAA issued a directive to ensure minimum rest periods for controllers as a study said more changes are needed to avoid safety risks.Business -
What's on TV? For Many Americans, It's Now YouTube
People spent nearly 10% of their TV-viewing time watching the service, home to videos by creators like MrBeast.Business -
Nissan Expects Drop in Annual Profit
The carmaker projected a drop in fiscal-year net profit, citing heightened competition and high inflation, after it posted lower quarterly net profit.Business -
Starliner Launch Delayed After Problem With Rocket Valve
A Boeing spacecraft was due to take its inaugural crewed flight Monday, carrying NASA astronauts to the International Space Station.Business -
Questions Potential Business Partners Should Ask Themselves
Starting a new company with somebody requires a hard conversation. Better now than later.Business -
Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
An activist investor had called for McCarthy’s ouster and for the fitness-equipment maker to sell itself.Business -
MLB Fans in Some Cities Lose Access to Local Games in Distribution Spat
Comcast and Diamond Sports Group failed to reach a new carriage agreement, leaving subscribers in some markets without access to Bally Sports regional networks.Business - MLB -
Volkswagen Hit by Drop in Car Sales But Confirms Outlook
Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.Business -
He Thinks Your Next Vacation Should Be in Detroit. Yes, He's Serious.
The doom loop is over. Now it’s a boom loop. But after the city revived itself, can Detroit rebrand itself?Business -
Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.Business -
Tesla to Recall 3,878 Cybertrucks Due to Accelerator Pedal Problem
The National Highway Traffic Safety Administration says the Cybertruck’s accelerator pedal pad might dislodge and get trapped, causing the vehicle to accelerate unintentionally.Business - Tesla -
Test Your Knowledge About Electric Cars With Our Quiz
First question: Which country leads the way in EVs?Business -
Comcast to Launch Streaming Bundle of Peacock, Netflix and Apple TV+
The new bundle, called StreamSaver, will be exclusively available to customers of Comcast’s internet service.Business - Netflix -
Nexi Shares Climb on Buyback, Profit Beat
The Italian payments company launched its up to $538 million buyback program after underlying earnings rose 9% in the first quarter.Business -
Infineon Rises on Recovery Hopes
Infineon Technologies shares rose more than 9% after the company set out fresh guidance that analysts said reinforces confidence in its recovery prospects.Business -
FTC Seeks More Information on $16.5 Billion Novo-Catalent Deal
The request signals that the agency is reviewing whether the deal could be anticompetitive under U.S. law.Business -
Shell Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.Business -
OMV Profit Tops Hopes, Keeps Outlook
OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance.Business -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.Business -
DNB Earnings Supported by Corporate Market and Strong Economy
DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.Business -
Warner Bros. Discovery Lost Money Last Year. Its CEO Got a $50 Million Payday.
Much of Chief Executive David Zaslav’s compensation was tied to free cash flow, which soared amid cost-cutting efforts.Business -
23andMe CEO Anne Wojcicki Plans to Take Company Private
The intentions, revealed in a public filing, come after the once-hot company’s share price closed at a new low and its enterprise value fell below zero.Business -
Walmart to Lay Off and Relocate Workers
The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs.Business -
Concord Chorus Says $1.5 Billion Hipgnosis Offer Final
Hipgnosis had agreed to the $1.25 a-share offer from Concord, but withdrew its recommendation after agreeing to a higher deal from Blackstone.Business -
7 Everyday Work Problems AI Helps Me Solve
It’s hard to get your head around all the things artificial intelligence will do, someday. So instead focus on how it can make your life better right now.Business -
Exxon Completes $60 Billion Pioneer Natural Resources Acquisition
Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in decades.Business -
ING Continues Buybacks to Boost Captial Ratio
ING shares rose after the Dutch lender said it plans to buy back up to €2.5 billion of shares and reported a first-quarter profit driven by income from fees and interest rates.Business -
Brazil's Embraer Plots a New 737-Sized Jet to Rival Boeing
The Brazilian aircraft maker has been sounding out potential partners and financial backers on plans for a new narrow-body aircraft.Business - Brazil