Marvin Ellison is quitting his job as chief executive of struggling J.C. Penney to take over leadership of Lowe’s, another retailer in need of a revamp.
The U.S. and China are moving closer toward resolving their trade dispute, with the two sides agreeing on the outlines of a reprieve for Chinese telecom giant ZTE and Beijing easing tariffs on imported cars.
Cambridge Analytica, the firm at the heart of a scandal over data handling that has ensnarled Facebook, is liquidating assets and has asked employees to vacate its London offices.
Australia’s Santos rejected a more than US$10 billion takeover bid by Harbour Energy Ltd. on Tuesday, saying the offer undervalued it given recent oil-price gains.
Gary Norcross of Fidelity National Information Services was the highest-paid software executive in 2017 at $29.1 million.
Among all the trade fights that President Donald Trump has picked, his hand against China is the strongest. Yet Beijing, incredibly, appears to be winning.
Top European Union lawmakers are set to interrogate Facebook Chief Executive Mark Zuckerberg over the company’s handling of alleged user-data misuse and election interference on the platform.
The guidance requires advertisers to provide consumers with a link to a searchable database with more information about who placed the ad, their spending and contributions, and how the advertiser can be reached, among other things.
Amazon cultivated an image as a customer-friendly company in part by making it easy for shoppers to send back items they don’t want. Then it started banning customers who return too many items.
Tesla has given its first signals that it’s giving up on its ambition to become a mass-market car maker, when Chief Executive Elon Musk admitted that his promised $35,000 Model 3 vehicle would cause the company to “lose money and die” if built right away.
Driven by word-of-mouth sales and an eco-focus, San Francisco's Allbirds has sold over a million shoes in two years. But can this Silicon Valley success story last?
The U.S. and China have agreed on the broad outline of a deal to settle the controversy over Chinese telecom giant ZTE, as the two sides work toward an agreement to ease trade tensions.
Sony has agreed to buy Mubadala Investment’s stake in EMI Music Publishing in a deal with an enterprise value of about $4.75 billion.
A divided Supreme Court gave businesses the power to block employees from joining together to file claims for wage theft and other work-related violations, upholding employer-written rules requiring that each case be limited to a single employee.
There is a good case that America’s economy has never needed immigrant labor more than it does now. The long-term demographic trends also suggest immigration can be more helpful than harmful. Yet the climate is more hostile toward immigrants and immigration than at any time in recent memory, Gerald F. Seib writes.
A group of workers at Boeing Co’s large plane-making facility in South Carolina will vote on union representation later this month after labor regulators on Monday cleared a path for a fresh ballot.
Politico, the U.S. website known for its blanket coverage of all things politics, is launching a partnership with the Hong Kong newspaper and website owned by Jack Ma’s Alibaba Group.
Ringling Bros. and Barnum & Bailey Circus closed a year ago, sending performers into new arenas; human cannonball ‘Nitro Nicole’ sells yoga gear.
A former Uber Technologies software engineer is suing the ride-hailing firm alleging years of sexual harassment, race discrimination and pay inequity, marking the first test of the company’s new policy for sex-related claims.
Netflix signed the former president and first lady to a multiyear deal to produce shows and documentaries for the streaming platform.
NextEra Energy is buying a utility and other Florida assets from Southern Co. for $5.1 billion plus debt, to help it expand. And Southern could use the cash.
Starbucks Corp. made a fresh attempt Monday to explain its new policy on non-paying guests after its initial effort sparked complaints that cafes would turn into homeless shelters and drug havens.
Most new cars nowadays can be outfitted with advanced safety gear, but salespeople often fail to pitch buyers on the benefits of these potentially lifesaving but costly features.
By focusing on sleeker designs and high-performance gaming machines, HP managed to boost revenue and gobble market share from smaller competitors even as the PC market shrank.
Investors are upping the ante on big oil companies over climate change, demanding they take more concrete action to help curb global warming, with the issue set to come into focus at Shell’s annual meeting.
Blackstone Group LP, a large private-equity firm, has reached a deal to buy U.S. luxury hotel owner LaSalle Hotel Properties for about $3.7 billion, the companies said on Monday.
In the wake of the Arab Spring, the military has amassed a growing business empire, squeezing out private-sector competitors. Now, amid soaring inflation and high youth unemployment, popular resentment is mounting.
Activist investors Corvex Management and Carl Icahn say they are potentially interested in buying oil-and-gas company Energen, according to a securities filing.
Britain is unlikely to open an antitrust review into Comcast’s $30 billion bid for U.K. pay-TV giant Sky, a senior government official said, removing a hurdle for the cable firm in a takeover battle that also includes Fox and Disney.
The U.S. suspended its threat to impose tariffs on $150 billion in Chinese imports to the U.S. while negotiations with China continue, but President Donald Trump could impose the tariffs if a deal between the two countries doesn’t progress, Treasury Secretary Steven Mnuchin said.
General Electric agreed to merge its railroad business with Wabtec. in a deal valued at about $11 billion, letting GE raise some cash to fund its turnaround and shed one of its oldest operations.
The world’s largest energy companies are placing enormous bets on Latin America, a region rich with oil that many avoided in the past.
South Korean auto-parts maker Hyundai Mobis abruptly called off its planned restructuring, handing an early victory to U.S. activist hedge fund Elliott Management, which had led the opposition to the deal.
As Americans become more adventurous with the grocery cart, food aisles are undergoing a transformation that is forcing big food companies to keep up with $10 bottles of juice and sophisticated-tasting cookies.
The possible arrival of Amazon’s second headquarters in East Boston is triggering both hopes and apprehension in a neighborhood already dealing with fallout from surging costs in a growing city.
Jim Farley, Ford’s No. 2 man, says the auto maker is using digital platforms more and looking to new providers, including Netflix, to produce its ads.
Chief R&D and Innovation Officer Kathy Fish explains why the company is sharing an expanded list of product ingredients online.
Networking is tougher for women for several reasons, but there are ways to make it work.
Allegations emerge that the Mexican charter airline had previously been warned about safety violations.
Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer made conflicting statements over whether the Trump administration plans to move forward with tariffs on Chinese merchandise entering the U.S.
Denise Morrison was the biggest champion of Campbell’s yearslong push into fresh and refrigerated foods, but her abrupt departure suggests that the strategy flopped and that the 150-year-old company needs a new plan.
In the week ahead, readings on U.S. home sales and consumer sentiment will be released, the U.K. will see new inflation data, and the eurozone gets a report on services and manufacturing activity.
“Deadpool 2” became the rare R-rated blockbuster at the box office over the weekend, kicking off what Hollywood hopes is a robust summer movie season.
Welcome to the world of dropshipping, where entrepreneurs use social-media ads and hip virtual storefronts to flip merchandise from online marketplaces like Alibaba’s AliExpress to customers often paying premium prices.
Inflation has been a puzzle in the U.S. economy for years, failing to move up much when the unemployment rate tumbled. To resolve the puzzle, it helps to look at the U.S. as two economies: one for goods, another for services.
Thousands of hourly workers at companies like American Airlines and Kroger Co. say employers are saving millions of dollars using time-tracking systems that automatically deduct pay for breaks and meals.
The Big Two in the mayonnaise aisle, Unilever’s Hellmann’s and Kraft Heinz, are fighting off upstart products and protecting shelf space with innovations such as ...‘mayochup.’
Artificial intelligence in medicine promises to alert us to disease or a medical emergency before it happens — if only we can navigate the pitfalls.
Before a fatal accident on a Southwest Airlines flight, regulators had been weighing stepping up engine inspections for an unusually long time after the first warnings about a part.
A last-ditch effort by the Trump administration failed to get China to accept its demand for a $200 billion cut in the U.S. bilateral trade deficit, as Chinese officials resisted committing to any specific targets.
Starbucks is creating an official policy that allows all guests to use its cafes, including its restrooms, whether or not they make a purchase.
Hedge funds, private-equity firms and others are elbowing into business loans. Midsize banks are being forced to rethink a business that is a key part of their revenue.
Mauro Lúcio Costa is now preaching his methods across the Amazon, putting him on the front line of a battle to preserve the forest and transform the cattle industry there.
The European Union’s tough new data-protection law demands costly changes for many companies and opens rich business opportunities for others.
Andrea Tantaros accused the cable news channel of spying on her and tapping her phones after she alleged Roger Ailes sexually harassed her, but a federal judge said her suit was based on speculation.
United Technologies is selling the Taylor Co., which produces ice-cream and frozen-drink machines, to Middleby Corp. for $1 billion in cash, as the industrial conglomerate works to sharpen its focus on its core businesses.
A trade group representing news organizations raised concerns to Facebook that the social media company’s rules on political ads are overly broad and could affect their ability to promote stories.
The executive board of the International Monetary Fund began the formal process of negotiating a bailout program with Argentina, which has neared the brink of a crisis as its peso has fallen against the dollar.
Media companies think they may have hit the jackpot with the Supreme Court’s ruling on sports betting, which is expected to increase TV viewership and boost ad spending.
The electric-car maker is the latest company to embrace flatness, but some researchers think it’s time to cut “sandwich” bosses a bit of slack.
Mortgage rates this week jumped to their highest level since 2011, signaling a shift from a period of ultra-cheap loans to a higher-rate environment that could slow home price appreciation and squeeze first-time buyers.
Campbell Soup Chief Executive Denise Morrison is leaving the company, the food maker said, as it also announced a quarterly loss and that it will begin a strategic review of its portfolio.
TV networks are making room for shows with so-so ratings, like “Elementary” on CBS and “Brooklyn Nine-Nine” on NBC, because of their potential for future revenues on Netflix and Hulu.
China has ended an anti-dumping and antisubsidy investigation into imported U.S. sorghum and lifted a surcharge on shipments, as the two countries work toward a deal to ease trade tensions.
Saks Fifth Avenue is moving the beauty department at its flagship store off the ground floor, scrapping a nearly century-old blueprint in a bid to compete with Sephora and other beauty chains.
Isaac Larian, the toy mogul behind Bratz dolls, has been at odds with Mattel for more than a decade. Now, he wants to be put in charge of his struggling rival.
The Alternative Minimum Tax isn’t out, but it is way, way down. The AMT is a complex levy that raises taxes by limiting the value of certain breaks. The good news for many: this year’s AMT is a shadow of its former self.
More big fundraising deals for a few already-large private tech companies means there’s less left for early-stage startups.
A look inside ZTE’s Axon 3 smartphone reveals how much the telecom giant depends on U.S. technology: 60% of the electronic components come from U.S. companies including Qualcomm, SanDisk and SkyWorks.
A spate of police investigations and alleged accounting irregularities among companies is denting investors’ confidence in this financial hub, forcing the country’s stock exchange to address what critics say is a legacy of weak corporate governance and market regulation
Doctors say the new migraine drug from Amgen and Novartis can change patients’ lives by lowering the number of migraine days suffered by patients each month.
President Donald Trump’s trade chief said the U.S. is “nowhere near” a deal on Nafta, effectively brushing aside an offer from House Speaker Paul Ryan for more time to conclude a deal that could be considered in Congress this year.
United Continental Holdings is looking for a new CFO after Andrew Levy left the third-largest U.S. carrier.
After more than a year of negotiation, committees in both chambers of Congress are set to advance versions of a major bill aimed at blocking sensitive Chinese deals, heightening the chances the proposed legislation will become law this year.
Uber’s chief product officer, Jeff Holden, who helped develop Uber Pool and more recently oversaw the company’s flying-taxi initiative, has told colleagues his last day is Thursday.
PayPal agreed to buy European fintech startup iZettle for around $2.2 billion, a move that will catapult it into hundreds of thousands of retailers around the world and sets up a showdown with Jack Dorsey’s Square.
Retailer Nordstrom’s net sales rose in its latest quarter as it continues to invest in its e-commerce business to drive customer engagement.
Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.
Advisers liquidating Gawker Media negotiated a settlement with billionaire Peter Thiel, who funded the Hulk Hogan privacy lawsuit that sent Gawker into bankruptcy.
Documents show Federal Reserve vice chairman nominee Richard Clarida holds employment-related financial assets valued at between $9 million and $39 million and other assets valued at between $12 million and $54 million.
CBS has lost the first round in a battle to break free from its controlling shareholder after a Delaware judge on denied its request for a temporary restraining order against the Redstone family. But the legal fight is far from over.
BJ’s Wholesale Club Holdings Inc. filed for an initial public offering Thursday, in a move that is relatively rare for a retailer recently.
Suzanne Scott, the longtime programming chief of Fox News, has been named chief executive of the top-rated cable news channel in an executive reorganization.
Kroger is betting that robots will give it an edge in the food fight with Walmart and Amazon. Investors can expect a long receipt.
American home equity has recently recovered, but much of this household wealth is more likely to be held by older, high-credit-score borrowers less exposed to financial shocks.
Thanks to Europe’s GDPR, companies have bombarded you with their new privacy policies; how to read them without actually reading them.
Tesla and a large Chinese firm each struck new deals with lithium producers, the latest sign that technology companies, car makers and other big users of lithium are rushing to secure supplies of the material used in electric car and cell phone batteries.
Mismanagement and corruption have left Venezuela’s economy in tatters and millions without food. This WSJ Films documentary follows one Caracas woman’s struggle to feed her family.
The Food and Drug Administration took the aggressive step of publicly exposing drug companies it says may be gaming the system by improperly blocking competition from generics.
The number of U.S. workers filing applications for jobless benefits went up more than expected last week but remained at historically low levels.
Walmart said that stronger foot traffic and average customer spend per visit at its U.S. stores helped lift sales in its quarter, as the retail giant continued to invest in online initiatives.
Internet giant Tencent is having trouble making money from two of the biggest mobile games in China. People familiar with the matter say the difficulties stem from China’s unofficial economic sanctions against South Korea for its decision to install a U.S. missile-defense system.
The move, a break from the more conciliatory approach Tokyo initially adopted toward its closest ally, reflects Japan’s irritation about its steel being labeled a national-security threat by the Trump administration.
With the new tax law limiting deductions for business meals and entertainment, many companies are cutting back on beloved perks like season sports tickets.
The White House is likely to fall well short of a plan to slash the U.S. trade deficit with China by half, in large part because American farms and factories will find it hard to produce enough exports to meet that goal.
Private-equity firm Bain Capital received approval from Chinese antitrust regulators for its deal to buy Toshiba’s memory-chip unit.
Chinese-owned Volvo Car Group is being allowed to use high-end South Korean battery technology in the electric hybrid vehicles it builds in China, even as Beijing strong-arms other auto makers into using Chinese batteries.
Microsoft is making its first videogame controller designed for people with disabilities, the latest in a growing number of industry efforts to accommodate players who face challenges seeing, hearing and directing the on-screen action.
American shale drillers are still spending more money than they are making, even as oil prices rise. Of the top 20 U.S. oil companies that focus mostly on fracking, only four managed to generate more cash than they spent in the first quarter, according to a Wall Street Journal analysis of FactSet data.
The company said its new offering will include a “reimagined mobile app” and a new desktop player designed for music.