WSJ.com: US Business
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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 -
Biggest Gains in Employee Engagement in the Management Top 250
ON Semiconductor heads the list, followed by S&P Global and KBRBusiness -
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 -
Roblox Users Battle Tornadoes and Raise Pets. Will They Watch Ads, Too?
The online-entertainment company is hiring ad-tech player PubMatic to help juice sales of new video ads displayed on virtual billboards.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 -
Chinese EV Maker XPeng Makes Inroads in Hong Kong, Macau
Chinese electric-vehicle maker XPeng is gearing up to sell its cars in Hong Kong and Macau, part of efforts to expand beyond the overcrowded market in mainland China.Business -
Chevron Exits Myanmar With Withdrawal From Natural Gas Project
Chevron has completed its exit from Myanmar, two years after saying it would depart the troubled Southeast Asian nation in the wake of a military coup.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 -
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.Business -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.Business -
Renault's Group Revenue Beats Expectations
Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.Business -
The Push to StoreRenewable Energy in Massive Salt Caverns
Renewable power is used to produce hydrogen, which is stored in underground caverns until it is needed for green energy.Business -
Ericsson Lays Off More Than 200 Employees in China
Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.Business - China -
Dr. Martens Shares Tumble as Bootmaker Warns of Tough Year
Dr. Martens shares plummeted after the iconic British footwear and clothing brand said Chief Executive Officer Kenny Wilson plans to step down and warned of a challenging year ahead.Business -
Big Oil Companies Warm to Biden After Years of Bad Blood
Once a favorite foil of the White House, some U.S. oil executives have reached an unlikely truce with the president’s lieutenants.Business - Joe Biden -
Tesco Launches Share Buyback, Expects Higher Profit
Tesco launched a $1.27 billion share buyback and said it expects profit to rise in the year ahead, signaling improving consumer demand as inflation tapers off.Business -
China Vehicle Sales Rebound
China vehicle sales rose in March, bouncing back from a weaker showing the prior month, signaling that demand may be turning a corner.Business - China -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.Business -
WegovySales More Than Double as Demand Soars
Novo Nordisk raised its full-year guidance to reflect better pricing in the U.S. and as global demand for its hit weight-loss and diabetes drugs continues to outstrip supply.Business -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.Business - China -
Australian Low-Cost Carrier Bonza Goes Into Administration
Bonza, a startup low-cost carrier in Australia that competed with local heavyweights Qantas and Virgin Australia on some routes, has gone into administration, a process similar to U.S. bankruptcy.Business - Australia -
Biden Administration Shelves Plan to Ban Menthol Cigarettes
The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.Business - Joe Biden -
Akzo Nobel Beats Views as Sales Volumes Rise
Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.Business -
China's Securities Regulator Eases Trading Rules With Hong Kong
China’s securities regulator released a series of measures to boost trading with Hong Kong, the country’s latest move to shore up investor confidence after recent stock-market volatility.Business - China -
Hipgnosis Agrees to $1.4 Billion Concord Takeover
Hipgnosis, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to a $1.4 billion takeover by Apollo-backed music company Concord Chorus.Business