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Purdue Pharma Preparing Possible Bankruptcy Filing

Purdue Pharma is working with advisers on a possible bankruptcy filing as it seeks to contain liability from suits alleging it fueled the U.S. opioid epidemic.
WSJ.com: US Business

Purdue Pharma Preparing Possible Bankruptcy Filing

Purdue Pharma is working with advisers on a possible bankruptcy filing as it seeks to contain liability from suits alleging it fueled the U.S. opioid epidemic.

The $2,000 Bendable Phone: Hold 'Em or Fold 'Em?

At the mobile-phone industry’s premier trade show, two of the world’s three biggest makers lavishly displayed what they hope will be the smartphone of the future. The question is, will anyone buy it?
WSJ.com: US Business

The $2,000 Bendable Phone: Hold 'Em or Fold 'Em?

At the mobile-phone industry’s premier trade show, two of the world’s three biggest makers lavishly displayed what they hope will be the smartphone of the future. The question is, will anyone buy it?

Salesforce Raises Its Full-Year Sales Outlook as Profit Rises

Salesforce on Monday reported a stronger profit for the latest period and presented a bullish view on sales growth, targeting $26 billion to $28 billion in revenue by fiscal 2023.
WSJ.com: US Business

Salesforce Raises Its Full-Year Sales Outlook as Profit Rises

Salesforce on Monday reported a stronger profit for the latest period and presented a bullish view on sales growth, targeting $26 billion to $28 billion in revenue by fiscal 2023.

AT&T Breaks Up Turner, Bulks Up Warner Bros. in Major Overhaul

AT&T started reorganizing its WarnerMedia unit by combining its disparate networks and entertainment businesses, an overhaul that is expected to lead to cost-cutting and layoffs.
WSJ.com: US Business

AT&T Breaks Up Turner, Bulks Up Warner Bros. in Major Overhaul

AT&T started reorganizing its WarnerMedia unit by combining its disparate networks and entertainment businesses, an overhaul that is expected to lead to cost-cutting and layoffs.

Vale Top Executives Step Aside After Request From Authorities in Dam Case

Vale Chief Executive Fabio Schvartsman and other top executives of the Brazilian mining giant stepped down following pressure from authorities in the first sign investigators are zeroing in on the company’s leadership after the deadly collapse of one of it
WSJ.com: US Business

Vale Top Executives Step Aside After Request From Authorities in Dam Case

Vale Chief Executive Fabio Schvartsman and other top executives of the Brazilian mining giant stepped down following pressure from authorities in the first sign investigators are zeroing in on the company’s leadership after the deadly collapse of one of its dams.

Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.
WSJ.com: US Business

Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.

Owners of Instant Pot, Corelle to Merge

Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.
WSJ.com: US Business

Owners of Instant Pot, Corelle to Merge

Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.

Tesla Is Betting It Can Sell Cars Online, Without a Test Drive

Tesla CEO Elon Musk’s latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy books or clothes.
WSJ.com: US Business

Tesla Is Betting It Can Sell Cars Online, Without a Test Drive

Tesla CEO Elon Musk’s latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy books or clothes.

Grocers Brace for Another Blow From Amazon

Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.
WSJ.com: US Business

Grocers Brace for Another Blow From Amazon

Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.

Inside the Hottest Job Market in Half a Century

All sorts of people who have previously had trouble landing a job are now finding work. A look at who’s getting ahead, who could be left behind and how long the boom can last.
WSJ.com: US Business

Inside the Hottest Job Market in Half a Century

All sorts of people who have previously had trouble landing a job are now finding work. A look at who’s getting ahead, who could be left behind and how long the boom can last.

GE CEO Letters Decoded: Shrinking Ambitions, Disappearing Buzzwords

Larry Culp’s first shareholder letter as GE’s CEO was brief, reflecting changes in the company, which can only afford to pay a token dividend and is breaking itself apart.
WSJ.com: US Business

GE CEO Letters Decoded: Shrinking Ambitions, Disappearing Buzzwords

Larry Culp’s first shareholder letter as GE’s CEO was brief, reflecting changes in the company, which can only afford to pay a token dividend and is breaking itself apart.

For AT&T, No More Fiefdoms at HBO and Turner

AT&T closed on its $80 billion-plus acquisition of Time Warner last June, but the real takeover is beginning now. The telecommunications giant is expected within days to officially break down the corporate walls and fiefdoms that have long been a way of life
WSJ.com: US Business

For AT&T, No More Fiefdoms at HBO and Turner

AT&T closed on its $80 billion-plus acquisition of Time Warner last June, but the real takeover is beginning now. The telecommunications giant is expected within days to officially break down the corporate walls and fiefdoms that have long been a way of life at Time Warner’s HBO, Turner and Warner Bros. units.

Lyft's IPO Filing Offers Look at Size, Scope of Ride-Hailing Company

Lyft made its IPO documentation public, a move that fires the starting gun on what’s expected to be one of the biggest years for tech IPOs ever.
WSJ.com: US Business

Lyft's IPO Filing Offers Look at Size, Scope of Ride-Hailing Company

Lyft made its IPO documentation public, a move that fires the starting gun on what’s expected to be one of the biggest years for tech IPOs ever.

Amazon to Launch New Grocery Chain

Amazon is planning to open dozens of grocery stores in several major U.S. cities as the retail giant looks to broaden its reach in the food business and touch more aspects of consumers’ lives.
WSJ.com: US Business

Amazon to Launch New Grocery Chain

Amazon is planning to open dozens of grocery stores in several major U.S. cities as the retail giant looks to broaden its reach in the food business and touch more aspects of consumers’ lives.

SpaceX Prepares Capsule for Humans

A SpaceX flight set for early Saturday won’t include crew but will test hardware reliability of the Crew Dragon capsule, as the U.S. tries to get back into the business of transporting astronauts into space.
WSJ.com: US Business

SpaceX Prepares Capsule for Humans

A SpaceX flight set for early Saturday won’t include crew but will test hardware reliability of the Crew Dragon capsule, as the U.S. tries to get back into the business of transporting astronauts into space.

Why Facebook Still Seems to Spy on You

WSJ reporter Katherine Bindley found that our ability to control Facebook ad tracking is limited and that much of what Facebook claims should come with lengthy footnotes.
WSJ.com: US Business

Why Facebook Still Seems to Spy on You

WSJ reporter Katherine Bindley found that our ability to control Facebook ad tracking is limited and that much of what Facebook claims should come with lengthy footnotes.

HBO CEO Resigning Amid AT&T Restructuring

HBO Chairman and Chief Executive Richard Plepler said he is stepping down, a move that comes as new owner AT&T Inc. is looking to put its own stamp on the premium cable channel that was part of its $80 billion acquisition of Time Warner.
WSJ.com: US Business

HBO CEO Resigning Amid AT&T Restructuring

HBO Chairman and Chief Executive Richard Plepler said he is stepping down, a move that comes as new owner AT&T Inc. is looking to put its own stamp on the premium cable channel that was part of its $80 billion acquisition of Time Warner.

Campbell Shows Signs of Turnaround

Campbell Soup made progress in its effort to reignite growth after a tumultuous year, underscoring the gulf between some smaller food makers and the problems facing Kraft Heinz.
WSJ.com: US Business

Campbell Shows Signs of Turnaround

Campbell Soup made progress in its effort to reignite growth after a tumultuous year, underscoring the gulf between some smaller food makers and the problems facing Kraft Heinz.

PG&E Delayed Safety Work on Power Line That Is Prime Suspect in California Wildfire

Since 2013, the state’s largest utility has repeatedly postponed upgrades to the high-voltage line that ran near Paradise, Calif., records show. The story of the Caribou-Palermo line is part of California’s wildfire reckoning and at the center is PG&E an
WSJ.com: US Business

PG&E Delayed Safety Work on Power Line That Is Prime Suspect in California Wildfire

Since 2013, the state’s largest utility has repeatedly postponed upgrades to the high-voltage line that ran near Paradise, Calif., records show. The story of the Caribou-Palermo line is part of California’s wildfire reckoning and at the center is PG&E and its track record of safety lapses.

Southwest Airlines Receives Approval to Fly Between West Coast Cities and Hawaii

Regulatory approval comes several months after the airline first proposed Hawaii service, which it calls its growth opportunity.
WSJ.com: US Business

Southwest Airlines Receives Approval to Fly Between West Coast Cities and Hawaii

Regulatory approval comes several months after the airline first proposed Hawaii service, which it calls its growth opportunity.

Best Buy's Profit, Sales Rise

Best Buy said its holiday sales got a boost from the surging popularity of the “Fortnite” videogame, which spurred purchases of headphones and other accessories.
WSJ.com: US Business

Best Buy's Profit, Sales Rise

Best Buy said its holiday sales got a boost from the surging popularity of the “Fortnite” videogame, which spurred purchases of headphones and other accessories.

Fiat Chrysler to Invest $4.5 Billion in Manufacturing in Michigan

Fiat Chrysler said it will spend $4.5 billion to expand factory production in Michigan, including building a new assembly plant in Detroit to produce Jeep sport-utility vehicles.
WSJ.com: US Business

Fiat Chrysler to Invest $4.5 Billion in Manufacturing in Michigan

Fiat Chrysler said it will spend $4.5 billion to expand factory production in Michigan, including building a new assembly plant in Detroit to produce Jeep sport-utility vehicles.

Supermarkets Soured on Kraft Heinz and Its Pricing Tactics

Kraft Heinz’s yearslong quest for cost-cutting and profit damaged its relationships with supermarkets. Scaling back in-store promotions may also have helped lead to devaluing the Kraft and Oscar Mayer brands.
WSJ.com: US Business

Supermarkets Soured on Kraft Heinz and Its Pricing Tactics

Kraft Heinz’s yearslong quest for cost-cutting and profit damaged its relationships with supermarkets. Scaling back in-store promotions may also have helped lead to devaluing the Kraft and Oscar Mayer brands.

Walmart Joins Amazon in Chase for Ad Dollars

As Amazon.com expands its share of the online advertising market, Walmart is trying to entice suppliers and other marketers with its own ad space and access to shopper data.
WSJ.com: US Business

Walmart Joins Amazon in Chase for Ad Dollars

As Amazon.com expands its share of the online advertising market, Walmart is trying to entice suppliers and other marketers with its own ad space and access to shopper data.

U.S. Appeals Court Rejects Justice Department Antitrust Challenge to AT&T-Time Warner Deal

A federal appeals court rejected the Justice Department’s bid to roll back AT&T’s 2018 acquisition of Time Warner, ending efforts by government antitrust enforcers to sink the $80 billion-plus deal.
WSJ.com: US Business

U.S. Appeals Court Rejects Justice Department Antitrust Challenge to AT&T-Time Warner Deal

A federal appeals court rejected the Justice Department’s bid to roll back AT&T’s 2018 acquisition of Time Warner, ending efforts by government antitrust enforcers to sink the $80 billion-plus deal.

Senators Press Drug-Company Executives Over Prices

Leaders from seven drugmakers representing $140 billion in U.S. revenue defended their pricing in a Senate hearing that showcased bipartisan support for what would be some of the most significant changes to the industry in decades.
WSJ.com: US Business

Senators Press Drug-Company Executives Over Prices

Leaders from seven drugmakers representing $140 billion in U.S. revenue defended their pricing in a Senate hearing that showcased bipartisan support for what would be some of the most significant changes to the industry in decades.

As Ex-Enron CEO Exits Prison, Some of Company's Old Businesses Thrive

Former Enron CEO Jeffrey Skilling re-enters a world in which some of the businesses built from his old company’s less appreciated assets have become formidable in their own right.
WSJ.com: US Business

As Ex-Enron CEO Exits Prison, Some of Company's Old Businesses Thrive

Former Enron CEO Jeffrey Skilling re-enters a world in which some of the businesses built from his old company’s less appreciated assets have become formidable in their own right.

Frackers Face Harsh Reality as Wall Street Backs Away

The once-powerful partnership between fracking companies and Wall Street is fraying as the industry struggles to attract investors after nearly a decade of losing money.
WSJ.com: US Business

Frackers Face Harsh Reality as Wall Street Backs Away

The once-powerful partnership between fracking companies and Wall Street is fraying as the industry struggles to attract investors after nearly a decade of losing money.

Bud's Super Bowl Ad Threatens to Derail Beer Alliance

A fight between America’s two biggest brewers is jeopardizing a proposed “Got Milk?”-style campaign intended to help struggling beer makers win back drinkers who have defected to wine and spirits.
WSJ.com: US Business

Bud's Super Bowl Ad Threatens to Derail Beer Alliance

A fight between America’s two biggest brewers is jeopardizing a proposed “Got Milk?”-style campaign intended to help struggling beer makers win back drinkers who have defected to wine and spirits.