Tesla to Slash More Jobs in Effort to Lower Model 3 Price

Tesla is cutting its full-time workforce by 7% to help lower costs so it can sell the Model 3 sedan at a lower price. Shares fell 13%.
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Netflix Reports Paid Customers Rise on Strength Overseas

Netflix reported a jump in paid subscribers in the fourth quarter, exceeding its own expectations for growth by drawing in more customers in international markets even as domestic growth slowed.
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WeWork’s CEO Makes Millions as Landlord to WeWork

The CEO of WeWork has made millions by leasing multiple properties in which he has an ownership stake back to WeWork, one of the country’s most valuable startups.
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The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Dallas is housing’s “canary in the mine shaft.” Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher mortgage rates.
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Hostile Bid for Gannett Rattles Some in the Newspaper Business

The hostile takeover bid for Gannett Co. by MNG Enterprises Inc., a newspaper group backed by a hedge fund, has stoked fears that an industry already reeling from years of cutbacks could be in for even more severe cost-cutting.
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Shutdown Pinches Economic Growth

The partial federal government shutdown is showing signs of disrupting commerce as hundreds of thousands of federal workers missed out on their first payday of the closure late last week.
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Huawei Fires Executive Charged in Poland With Espionage

Chinese telecom company Huawei fired a sales director who was arrested in Poland on espionage charges, saying he brought it “into disrepute.”
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Huawei Executive Is Charged With Espionage in Poland

Polish authorities detained and charged a local sales director of Huawei, a Chinese national, with conducting high-level espionage on behalf of China, amid widening global scrutiny of the technology giant.
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Strong Economy Can’t Save Retailers From Holiday Blues

The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a selloff in retail stocks.
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Oil’s Fall Threatens U.S. Shale Drillers

Plunging oil prices once again threaten to force American shale drillers to pull back on production, just as they were preparing to unleash a flood of crude.
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Sears Gets Another Lifeline: Lampert’s $4.4 Billion Bid Still Alive

A bid to rescue the retailer from bankruptcy proceedings by Sears Holdings former CEO Edward Lampert is still alive, as an auction is set for Jan. 14.
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Amazon Takes Market Cap Crown

Amazon surpasses Microsoft as the largest U.S. company with a market cap of $ 797 billion, signaling the tech industry’s enduring market dominance even after turbulent months in which investors pummeled their shares.
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Fed Faces a Fresh Test: Soft Economic Landing

Federal Reserve officials, after navigating the U.S. economy through the financial crisis and its rebound, face a fresh test in 2019: managing an economic soft landing.
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Apple Beware: Samsung’s Great Fall in China Was Swift

Apple’s stumble in China is an all-too-familiar story for rival Samsung Electronics. In five years, the iPhone’s biggest rival went from China’s No. 1 phone maker to an also-ran.
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UPS’s Holiday Wish: Handling the Delivery Surge

UPS is hoping that billions of dollars in system improvements this year will help it avoid shipping problems during the online shopping surge of the holiday season.
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Apple’s Stock Drops on Revenue Warning

Apple shares fell steeply after the iPhone maker slashed its quarterly revenue forecast as it deals with shrinking demand in China and fewer owners upgrading their phones.
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Tesla Shares Sink on Model 3 Delivery Miss, Price Cuts

Tesla reported Model 3 sedan deliveries that missed Wall Street’s estimates and said it would cut prices on all its vehicles, news that drove shares of the electric-car maker down nearly 7%.
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Drugmakers Raise Prices on Hundreds of Medicines

Pharmaceutical companies are raising prices on hundreds of drugs, with Allergan setting the pace with increases of nearly 10% on more than two dozen products, according to a new analysis.
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Huawei Rivals Nokia and Ericsson Struggle to Capitalize on U.S. Scrutiny

U.S.-led efforts to curb Huawei should have been good news for telecom-equipment makers Nokia and Ericsson—but things haven’t turned out to be so simple.
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Amazon Plans to Add Whole Foods Stores

Amazon.com is planning to build and expand Whole Foods stores across the U.S. to put more customers within range of the e-commerce giant’s two-hour delivery service.
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Edward Lampert Makes Last-Minute Bid to Save Sears

Edward Lampert’s ESL Investments moved forward with an offer to save Sears stores, but the retailer’s survival isn’t guaranteed.
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Tesla Adds Ellison, Musk’s ‘Close Friend,’ to Board

Tesla named two new independent directors including Oracle’s Larry Ellison, a public booster of Tesla CEO Elon Musk, as the board has been under pressure to increase oversight of its outspoken founder.
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Ghosn Investigators Focus on Ties to Saudi Businessman

The latest investigation by Tokyo prosecutors into Nissan Motor’s Carlos Ghosn centers on his relationship with a Saudi Arabian businessman, Khaled Al Juffali, who runs part of Nissan’s Middle East business.
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‘Black Panther,’ ‘Avengers’ Top Record 2018 Box Office

“Black Panther” and other Disney superheroes powered Hollywood to a record year at the box office, which is expected to finish 2018 with ticket sales up about 6% from last year’s returns.
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U.S. Holiday Retail Sales Are Strongest in Years

Shoppers delivered the strongest holiday sales increase for U.S. retailers in six years, according to early data.
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Huawei Had a Deal to Give Washington Redskins Fans Free Wi-Fi, Until the Government Stepped In

Huawei Technologies scored when it signed a 2014 deal to provide Wi-Fi to Washington Redskins fans with seats in the suites at FedEx Field; the deal lasted seven weeks.
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Retailers Wrapping Up Holidays With Cheer

Stores have met the lofty sales expectations set by analysts, showing that many chains continue to reap the benefits of a strong U.S. economy and rising consumer confidence. Delivery companies have also held up so far during the holiday season.
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Carlos Ghosn Was Too Powerful, Nissan’s CEO Says

Nissan Motor’s chief executive told employees Carlos Ghosn had too much power as chairman, highlighting the tension welling up between the two men before Mr. Ghosn’s arrest a week ago. The fallout spread Monday as Mr. Ghosn was ousted as chairman of Nissan partner Mitsubishi Motors.
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United Tech to Break Itself Into Three Companies

The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.
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Carlos Ghosn Re-Arrested on Suspicion of Shifting Personal Losses to Nissan

Nissan’s former Chairman Carlos Ghosn was re-arrested on suspicion of shifting personal losses to Nissan, derailing his plans for bail.
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Pfizer, Glaxo Strike Deal to Put Focus on Prescription Drugs

Pfizer and GlaxoSmithKline plan to combine their consumer health units and eventually spin off the joint venture, creating the world’s largest seller of drugstore staples.
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CBS Shifts to Hunt for Next CEO

Tom Staggs, the former operating chief of Walt Disney, has emerged as a top candidate for the chief executive job at CBS, as the network looks to turn the page on months of uncertainty and upheaval since the departure of Leslie Moonves.
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Former CBS Chief Moonves Won’t Get $120 Million Severance Payment

Leslie Moonves won’t receive any of his severance package after the company reviewed the findings of a probe into allegations he sexually harassed and assaulted many women during his career.
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The Fall of the House of Ghosn

Not everybody at Nissan was happy with their rock-star chairman, Carlos Ghosn. His high-living ways gave the company ammunition to take him down.
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Deloitte Board Nominates New U.S. CEO to Replace Cathy Engelbert

Deloitte LLP’s board has nominated the head of its audit practice as the next U.S. chief executive at the Big Four accounting firm, apparently closing off the last chance that current chief Cathy Engelbert might get a second term.
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GE Powered the American Century—Then It Burned Out

The company that was once America’s biggest and most admired, the maker of power turbines, the seller of insurance, the broadcaster of “Seinfeld,” has become a shadow of its former self. This is the story of how generations of managers, who thought they could fix any company in any industry, finally ran into a problem they couldn’t solve.
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Apple Plans Billion-Dollar Texas Campus in Wave of New Sites

Apple plans to invest $ 1 billion to build a new campus in Austin that could create 15,000 jobs, as it aims to make good on promises to boost contributions to the economy.
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GM CEO Is Under Fire From Trump, Lawmakers Over Restructuring

General Motors Chief Executive Mary Barra faces bipartisan anger in Washington over the company’s plans to cut 14,800 jobs and close four plants despite robust profits and a strong economy.
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Verizon Takes $4.5 Billion Charge Related to Digital Media Business

Verizon Communications is booking a $ 4.5 billion accounting charge related to its Oath media business, a sign its bet on high-profile internet properties and content several years ago hasn’t worked out as expected.
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Google to Accelerate Closure of Google+ Social Network

Google said it would close the consumer version of its Google+ social network after discovering a software bug that exposed the private profile information of 52 million users to outside app developers, the second time this year the company has acknowledged exposing private user data.
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Nissan, Ghosn Charged With Underreporting His Compensation

Japanese prosecutors on Monday indicted former Nissan Motor Chairman Carlos Ghosn on charges of underreporting his compensation on five years of Nissan’s financial reports, Kyodo News reported.
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Huawei Offensive Is Acceleration of Yearslong Endeavor

This month’s arrest of Huawei’s chief financial officer and heir apparent was the latest salvo against a company U.S. officials see as a threat to national security and America’s global edge in technological innovation.
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Uber Lays Groundwork for IPO

Uber filed paperwork confidentially this week for its initial public offering, as it races with smaller rival Lyft to be the first to market.
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Boeing Backs Out of Global IP Satellite Order Financed by China

Boeing said it was canceling a controversial satellite order that was financed by a Chinese government-owned firm, citing default for nonpayment.
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Boeing Omitted Safety-System Details, Minimized Training for Crashed Lion Air 737 Model

Boeing limited pilot-training requirements for the antistall system investigators believe played a role in the crash of Lion Air Flight 610, and omitted details about the system from the 737 MAX operations manual.
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Kroger to Sell Groceries in Walgreens Stores

Kroger plans to sell groceries in branded sections of Walgreens Boots Alliance stores, as both retailers look for ways to keep customers loyal to their products.
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Disney Raises the Bar Robert Iger Has to Clear to Win Bonus

Walt Disney announced more-rigorous benchmarks required for CEO Robert Iger to collect a $ 100 million equity grant in 2021 that was criticized by shareholder advisory groups.
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Marriott’s Starwood Missed Chance to Detect Huge Data Breach Years Earlier, Cybersecurity Specialists Say

Marriott says it responded quickly when it learned in recent weeks of a colossal theft of customer data, but cybersecurity specialists say the company missed a significant chance to halt the breach years earlier.
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How Microsoft Quietly Became the World’s Most Valuable Company

Microsoft tried through the years to compete in a range of buzzy consumer businesses, but it was Chief Executive Satya Nadella’s focus on selling humdrum yet fast-growing computing services to companies that allowed it to reclaim the title of world’s most valuable company.
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Apple Investigated Possible Business Misconduct in Its Supply Chain

Apple conducted an investigation earlier this year into possible business misconduct within its supply chain—including possible kickbacks and bribes—rattling some of the tech giant’s suppliers and staff in China.
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AT&T Plans 3-Tiered WarnerMedia Streaming Service to Take On Netflix

AT&T, trying to reassure investors it can capitalize on its big acquisition of Time Warner, plans to offer three versions of a new streaming video service next year that will feature original movies and television series from Warner Bros., Turner and HBO.
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Altria in Talks to Take Significant Minority Stake in Juul Labs

Altria is in talks to take a significant minority stake in e-cigarette startup Juul, a move that could give the Marlboro maker greater access to a rapidly growing but increasingly controversial segment of the nicotine market.
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Big Tech Expands Footprint in Health

Amazon.com has begun to sell software that mines patient medical records for information doctors and hospitals could use to improve treatment and cut costs, the latest move by a big technology company into the health-care industry.
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Trump Tells GM to Open Ohio Plant and Stop Output in China

General Motors plans to cut up to 14,800 jobs and end production at certain plants, marking the auto maker’s first significant downsizing since bankruptcy as it tries to adjust to lower demand for passenger cars. President Trump said GM should stop making cars in China and make them in the U.S. instead, in an exclusive WSJ interview.
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A Warming Climate Brings New Crops to Frigid Zones

Longer growing seasons are helping lead northern farmers to plow up forests and plant crops such as corn and soybeans that were once hard to grow in their chilly territories, helping drive up land prices. ‘We’re seeing crops grown in places they’ve never grown before.’
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Toys ‘R’ Us Gears Up for Holiday Sales—in Asia

Toys ‘R’ Us staff are filling shelves this holiday season at hundreds of stores across Asia, where the brand has been given new life after being sold off by the bankrupt American toy retailer.
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Retail Stores Win Back Shoppers, Not Profits

Low unemployment and rising wages are giving shoppers an extra reason to make the annual pilgrimage to the mall on Black Friday, but below that cheerful veneer, chains from Walmart to Macy’s are struggling with rising costs as more shopping shifts online.
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‘I Found This Very, Very Violent.’ Carlos Ghosn’s Arrest Tests Nissan-Renault Relationship

While the auto industry star is in detention in Tokyo, the global auto alliance he ran is showing signs of strain and conflict.
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Half of Jobs at Amazon’s Two New Headquarters Won’t Be Tech Positions

New York City officials said that of the at least 25,000 jobs, half will be in tech and the rest will be “administrative jobs, custodial staff, HR, all those things.” Virginia officials said they expect the same job breakdown.
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Ghosn’s Arrest Rocks Auto Empire

As Carlos Ghosn remained in detention in Japan for alleged financial misconduct, members of the globe-spanning automotive partnership he leads moved to make sense of his arrest and fill the void left by his absence.
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France Seeks Interim Leadership at Renault After Ghosn’s Arrest

France is moving to fill a power vacuum at car maker Renault after Chief Executive Carlos Ghosn was arrested in Japan on allegations of financial misconduct at Nissan, Renault’s Japanese partner.
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GE Seeks Power Sales in Iraq, but Report Spotlights Corruption Concerns

General Electric is seeking sales for struggling power unit, but faces a dilemma with Iraq, according to a consultant’s report prepared for the company. The nation needs multimillion-dollar gas turbines—and poses corruption problems.
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Pfizer to Raise Prices on 41 Drugs

Pfizer plans to resume its practice of raising drug prices early next year after bowing to pressure from President Trump over the summer when the company rolled back some increases.
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PG&E Shares Surge on Hopes of State Support

Shares of PG&E opened sharply higher on investor hopes that California officials would move to rescue the utility from wildfire-related liabilities that threaten to plunge it into bankruptcy.
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Walmart Posts Strong Sales Gains Ahead of Holidays

Walmart posted higher quarterly sales, continuing a run of solid growth as the world’s largest retailer taps into online shopping and a robust U.S. economy ahead of the busy holiday season.
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California’s Largest Utility Pummeled by Wildfire Risks

California’s largest utility suffered its steepest stock plunge in 16 years Wednesday as concerns grew that potential liability costs from destructive wildfires threaten the company’s financial future.
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How Amazon Picked HQ2 and Jilted 236 Cities

For months, Amazon made demands of cities even though it had determined early in the year that no single place would fulfill its requirements. The long search, designed to showcase the company’s largesse, has for some left a bad taste. “My heart’s broken today.”
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Amazon Picks New York City, Northern Virginia for Its HQ2 Locations

New York City and Northern Virginia will be the homes for Amazon.com Inc.’s second and third headquarters, according to people familiar with the matter.
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New York City Raids Condo Building in Crackdown on Airbnb Rentals

New York City law-enforcement officers swarmed a Manhattan condominium last month, issuing 27 notices of violations in one of the largest crackdowns on short-term rentals such as those listed on Airbnb.
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At Netflix, Who Wins When It’s Hollywood vs. the Algorithm?

As the video-streaming company plunges deeper into original production, its Los Angeles wing is doing the once-unthinkable: overriding the metrics.
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Trump Tariffs Pit Auto Companies Against Each Other

Fights are emerging across the auto industry over who should bear the costs of tariffs, and driving some companies to sue their partners.
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Walt Disney Posts Record Annual Profit

Disney turned in a strong financial performance in the latest period, as its parks-and-resorts and studio-entertainment segments helped it deliver record profit and revenue for the year.
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In Silicon Valley, Saudi Money Keeps Flowing to Startups

Silicon Valley startups are continuing to negotiate deals with Saudi Arabia and take its capital from its partner SoftBank, amid controversy over the killing of journalist Jamal Khashoggi that has clouded the kingdom’s role as a major global technology investor.
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Dell Discusses Sweetening Tracking-Stock Offer With Large Shareholders

Dell Technologies has been contacting large shareholders of an affiliate about sweetening a roughly $ 22 billion bid to buy them out before the unpopular deal goes to a vote next month.
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Under Armour’s #MeToo Moment: No More Strip Clubs on Company Dime

Under Armour employees received an email earlier this year that upended a longstanding company practice: They could no longer charge visits to strip clubs on their corporate cards. Strip-club visits were symptomatic of practices women at Under Armour found demeaning, current and former employees say.
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Amazon in Late-Stage Talks for HQ2 Location

Amazon.com has progressed to late-stage talks on its planned second headquarters with a small handful of communities including northern Virginia’s Crystal City, Dallas and New York City.
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Hate Speech on Live ‘Super Chats’ Tests YouTube

YouTube’s Super Chat, which allows users to pay to have comments amplified during streaming videos, generates revenue but can contain racist comments and hate speech.
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Apple Shares Stumble, but Company Keeps Trillion-Dollar Valuation

Apple shares stumbled as investors fretted over the iPhone maker’s financial outlook for the important holiday quarter and the company’s decision to stop reporting device unit sales.
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Apple Reports Record Results but Weak Revenue Outlook

Apple reported another quarter of record revenue and profit, but its shares fell in after-hours trading following the company’s lackluster sales guidance for the key holiday quarter.
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That Big Mac and Coke Now Comes With a Side Order of Inflation

From paint to air tickets to handbags, the prices of consumer items are going up as industries pass along higher costs. A long period of low inflation appears to be over.
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Facebook Revenue Falls Short

Facebook recorded lower revenue than expected as the social-media giant continues to adjust to slowing growth rates. Profits, though, rose more than forecast.
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U.K. to Roll Out First-of-Its-Kind Digital Tax

The U.K. said it will move ahead with plans to introduce a first-of-its-kind tax on locally generated revenue by large technology firms—the most concrete attempt yet by an industrialized nation to rewrite the world’s tax code for the digital era.
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IBM to Acquire Red Hat for About $33 Billion

International Business Machines agreed to buy software-and-services company Red Hat for about $ 33 billion in its biggest acquisition ever, a deal that IBM hopes will boost a cloud-computing business central to Chief Executive Ginni Rometty’s effort to revive the tech giant.
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Chinese Firms Snap Up U.S. Sites to Process Scrap

Chinese companies are setting up shop in the U.S. to obtain the scrap paper and plastic their government has deemed too dirty to import.
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After Months of Struggle, NBC’s $69 Million Bet on Megyn Kelly Flames Out

An outcry over remarks Ms. Kelly made on the air about blackface Halloween costumes on Tuesday proved the last straw in the anchor’s rocky stint on the ‘Today’ show. NBC canceled her show Friday. Negotiations “about next steps” continue, her lawyer said.
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At Netflix, Radical Transparency and Blunt Firings Unsettle the Ranks

Buzzwords and anxiety fill the hallways as Hollywood giant tries to maintain a winning culture amid breakneck growth; the ‘N-word’ scandal gets ‘sunshined.’
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Altria Will Pull Its E-Cigarette Pods From the Market

Altria Group said it would pull its e-cigarette pods from the market and discontinue the sale of most flavored e-cigarettes in response to mounting concerns about a surge in underage use of similar products.
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Manufacturers See Signs of New Risks

Rising costs, a stronger dollar and concerns over growth in China are posing new challenges for U.S. manufacturers.
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Uber’s Top Deal Maker Cameron Poetzscher Resigns

Uber’s top deal maker, Cameron Poetzscher, has resigned from the company, less than a month after a Wall Street Journal article revealed allegations of prior sexual misconduct in the office.
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U.S. Steelmakers Succeed in Getting Tariffs, Removing Others

U.S. steel producers prevailed in their push this past spring for the Trump administration to impose tariffs on imported steel and aluminum. The industry also succeeded in a later effort to make some tariffs disappear.
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Defense Firms Struggle With Security-Clearance Backlog

An exacerbated workforce crunch for makers of warships, jet fighters and cybersecurity systems is forcing them to resort to workarounds to finish Pentagon orders.
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Facebook Turns to U.K. Politician to Help Repair Image

Facebook has hired Britain’s former deputy prime minister, Nick Clegg, as its top policy and communications executive, giving a Silicon Valley outsider the task of mending the social network’s image.
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Amazon Revisits Some Cities as HQ2 Decision Looms

Amazon executives have made a fresh round of visits to several of the 20 finalists for its $ 5 billion second-headquarters project, fueling added anticipation as it nears a decision in a process that has stretched over more than a year.
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In the Fight Against Fake News, Facebook’s Fact-Checkers Struggle to Keep Up

The social network’s algorithms scan billions of posts each day in hopes of flagging misinformation before it goes viral; humans play a supporting role, but in the end they simply can’t keep up.
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Facebook Accused of Failing to Disclose Ad Errors Sooner

Facebook knew of problems with how it measured viewership of video ads for more than a year before it disclosed them in 2016, according to a complaint filed Tuesday by some advertisers.
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Uber Proposals Value Company at $120 Billion Ahead of Possible IPO

The ride-hailing company recently received proposals from banks valuing it at as much as $ 120 billion in an initial public offering that could take place early next year.
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Sears Files for Chapter 11 Bankruptcy

Sears filed for bankruptcy protection from creditors, marking the collapse of a company that dominated American retailing for much of the 20th century.
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Sears Set to File for Bankruptcy, With Its Survival in Question

As Sears plans to file for chapter 11 protection, the big question is whether a smaller Sears emerges from bankruptcy or whether the filing leads to a liquidation and a final end to the storied chain.
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Sears, Lenders Nearing Deal to Keep Some Stores Open

Sears Holdings is inching closer to a deal with lenders about a bankruptcy plan that would close at least 150 stores and provide a lifeline loan to keep a small footprint of around 300 locations open.
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Sears Exit Would Leave Big Holes in Malls. Some Landlords Welcome That.

Profitable shopping centers see chance to lure higher-paying tenants even as malls in the heartland, already struggling with competition from online sales, fear the loss of foot traffic.
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Big Lenders Make Push to Liquidate Sears

Sears Holdings met with lenders to discuss emergency financing for the embattled retailer. Lenders are pushing for the company to liquidate its assets. The meeting ended without an agreement.
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SoftBank Explores Taking Majority Stake in WeWork

SoftBank is in discussions to take a majority stake in WeWork, in what would be a giant bet on the provider of shared office space.
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Google Exposed User Data, Feared Repercussions of Disclosing to Public

Google exposed the private data of hundreds of thousands of users of the Google+ social network, though it didn’t find evidence of misuse. The company opted not to disclose the issue this past spring, in part because of fears doing so would draw regulatory scrutiny.
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Companies Turn to an Unlikely Place for Their Next CEO

GE’s choice to name board member Larry Culp as CEO has led some executives to wonder whether they would be better off seeking out long-retired executives as directors.
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Retailers Scramble to Fill Holiday Hole Left by Toys ‘R’ Us

After the collapse of Toys “R” Us, billions of dollars of holiday toy sales are up for grabs. Retailers are vying for a piece of the action.
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Ford to Cut Jobs as It Reorganizes Salaried Workforce

Ford Motor has informed its global salaried workforce of a planned reorganization that will cut jobs, part of Chief Executive Jim Hackett’s broader plan to squeeze costs and improve efficiencies at the struggling auto maker.
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Mattress Firm Files for Chapter 11

Mattress Firm, the largest U.S. specialty-mattress retailer by stores, plans to close up to 700 retail outlets.
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Campbell in Talks to Sell Fresh-Foods Unit

Campbell Soup is in talks to sell its fresh-foods business to investors led by Bolthouse Farms’ former chief executive.
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Honda to Invest $2.75 Billion in GM’s Self-Driving Car Unit

Honda is investing $ 2.75 billion in General Motors’s self-driving car unit, a move that comes as the transportation landscape is swiftly being reshaped by technology.
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Tesla Meets Model 3 Production Goal, Struggles With Deliveries

Tesla met its third-quarter production goal for its Model 3 sedan but struggled to deliver the cars to customers, underscoring the operational challenges ahead for CEO Elon Musk and his electric-car company.
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GE Ousts Flannery After Missed Targets

General Electric ousted CEO John Flannery after about a year in the job, a surprise move as the conglomerate revealed that deeper problems in its troubled power unit would cause it to miss targets for the year.
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Elon Musk to Step Aside as Tesla Chairman in SEC Deal

Elon Musk has reached a settlement with the SEC that allows him to stay on as Tesla CEO but requires that he step aside from the chairman role for three years. He has agreed to pay a $ 20 million fine.
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Facebook Finds Security Flaw Affecting Almost 50 Million Accounts

Facebook discovered a security flaw affecting almost 50 million accounts, the company said Friday. A problem in its code allowed outsiders to take over users’ accounts.
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SEC’s Musk Suit Risks Tesla’s Future

The legal threat from securities regulators to ban Elon Musk from Tesla raises the specter of a once-unfathomable exit that would potentially have dire consequences for the electric-car company.
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Jeff Bezos’s Space Startup to Supply Engines for Boeing-Lockheed Rocket Venture

Blue Origin, the space-transportation company run by Jeff Bezos, has won a contract to provide engines for a potential rival’s next-generation rocket, vaulting Mr. Bezos into the lucrative market for Pentagon satellite launches.
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Daimler Changes CEO as It Focuses on an Electric Future

Daimler said its long-serving chief executive will step down and will be succeeded by its current research and development chief, who has been leading the car maker’s push into electric vehicles and self-driving cars.
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Qualcomm Accuses Apple of Funneling Intellectual Property to Intel

Qualcomm accused Apple of funneling proprietary information about the chip supplier’s technology to rival Intel, broadening a long-running legal battle between two companies central to the smartphone industry.
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Sears CEO Pushes a Rescue Plan to Avoid Bankruptcy

Edward Lampert, who is also Sears’s chairman, controlling shareholder and biggest creditor, wants creditors to restructure about $ 1.1 billion of debt coming due in 2019 and 2020.
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Comcast Beats Out Fox to Acquire Sky

Comcast topped 21st Century Fox in a weekend auction for Sky, winning the British broadcaster with a $ 38.8 billion bid that ends a monthslong takeover battle and promises Comcast a greatly expanded international footprint.
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Game Theory Part of the Art of the Sky Deal

The same type of blind auction used to pick players in fantasy football leagues could decide the fate of Sky, a media company that employs 30,000 people and has a stock-market value of $ 36 billion.
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Drugmakers’ Free Services Trigger Anti-Kickback Probe

Federal prosecutors are probing whether big drugmakers including Sanofi, Gilead Sciences and Biogen potentially violated laws by providing free services to doctors and patients.
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Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Auction

Comcast and 21st Century Fox will settle their takeover battle for Sky in a weekend auction run by British regulators, setting up a dramatic climax to a 21-month sale process that has pitted some of the world’s biggest media giants against each other.
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AutoNation’s Outspoken Chief Executive to Step Down Next Year

AutoNation CEO Mike Jackson, who stood out in the tight-lipped auto industry for his outspoken personality, will step down after leading the U.S.’s largest dealership chain for nearly two decades.
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Here Come Tesla’s Challengers With All-Electric SUVs

European luxury auto makers are coming after Tesla with their own high-end, long-range electric vehicles, and they are targeting on one of America’s most popular vehicle categories: SUVs.
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For Apple, U.S.-China Trade Fight Grows Riskier

The U.S.-China trade fight is becoming more perilous for Apple as the Trump administration’s tariffs threaten some of its gadget sales and as China weighs retaliatory measures.
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Liquor Makers Fight for Equal Footing on Military Bases

Spirits makers say they’re battling a Prohibition-era reputation in their bid for more shelf space next to beer and wine at military commissaries.
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Cord-Cutters Beware: Streaming TV Prices Are Marching Higher

Streaming services like DirecTV Now and Sling TV have added millions of customers by promising big savings over traditional cable and satellite-TV subscriptions. But prices are going up.
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Amazon’s Bezos: Big Businesses Should Not Be Vilified

Facing political backlash over Amazon’s growing market dominance, Jeff Bezos said that while big companies deserve to be scrutinized, politicians shouldn’t “vilify” them.
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At Campbell Soup, Heirs Hold the Key as Activist Tries to Remake Board

Activist Daniel Loeb’s campaign to replace Campbell Soup’s board needs backing from descendants of the man who invented condensed soup. They hold at least 45% of the company’s stock.
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Apple’s 2018 iPhone Event: What You Need to Know

Apple will unveil the new iPhones, Apple Watch and AirPods that will be critical to its efforts to build on this fiscal year’s record revenue, at its annual product showcase Wednesday.
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Steel Workers Demand Higher Pay as Tariffs Lift Profits

Workers at two of the biggest U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years.
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CBS Chief Moonves Resigns Amid Sexual Misconduct Claims

CBS CEO Leslie Moonves is stepping down amid accusations he sexually harassed and assaulted numerous women, a stunning downfall for one of the industry’s most powerful figures.
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Alibaba’s Jack Ma to Step Down, Focus on Philanthropy

Jack Ma, the billionaire tycoon who rode the currents of China’s rising affluence to build one of the world’s biggest e-commerce companies, says he is retiring from business to focus on philanthropy.
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To Shatter the Glass Ceiling, Don’t Force It

Before California Gov. Jerry Brown signs legislation that would require public companies based in the state to put a certain number of female directors on their boards, he should consider how ineffective such quotas have been, writes columnist John Stoll.
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Verizon’s Internet Boss Tim Armstrong in Talks to Leave

The leader of Verizon Communications’ media and advertising business is in talks to depart, leaving unfinished the task of building the unit into a digital content giant.
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Ford Recalls Two Million Trucks After Reports of Seat-Belt Malfunction

Ford Motor is recalling about 2 million F-150 trucks after it received reports of a seat belt equipment malfunction that could cause smoke or fire in the vehicle.
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Tech Leaders Face Senate Questions on Russian Meddling

Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey are appearing at a Senate hearing to defend their platforms’ handling of manipulation by foreign actors.
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JD.com Founder Gets Back to Business in Beijing Days After Arrest in U.S.

Liu Qiangdong’s appearance to announce a partnership with the Chinese company that owns Swiss luxury brand Bally—as Minneapolis police investigate an allegation of sexual misconduct—underscores what business observers describe as his extraordinary confidence.
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Chinese Billionaire Denies Wrongdoing in Sex Misconduct Arrest, His Lawyers Say

JD.com Chief Executive Liu Qiangdong denies any wrongdoing in connection with his arrest on suspicion of sexual misconduct in Minneapolis, and it’s likely no charges will be filed, his attorneys said.
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The Art of the Trade Deal: Chinese Paintings and Antiquities Caught in U.S.-China Fight

Chinese antiquities and art have become ensnared in the brewing trade dispute between the world’s two largest economies, rattling dealers, collectors and curators in the specialized art market.
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Tech-Support Scams Prompt Google to Act

Google is taking action to weed out scam artists who advertise on its platform aiming to defraud customers seeking technical support by masquerading as authorized service agents for companies such as Apple.
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Coca-Cola to Buy U.K. Starbucks Rival Costa for $5.1 Billion

Coca-Cola said it would buy British coffee-shop chain Costa for $ 5.1 billion, diversifying further from its soft-drink roots and marking the latest bet by a major consumer-goods company on coffee.
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Campbell Soup to Sell International Business and Fresh Unit

Campbell Soup plans to sell its international operations and refrigerated-foods business, abandoning efforts to play up fresh food and leaving the door open to a full sale.
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In America’s Hottest Drilling Spot, Gas Is Going Up in Smoke

Roughly $ 1 million worth of natural gas extracted in the Permian Basin goes to waste each day, as shale drillers end up having to burn a byproduct that they don’t have enough pipeline or storage capacity to take to market.
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Global Car Sales Hit Speed Bump

After nearly a decade of growth, new-vehicle sales in the world’s largest auto markets are entering their first sustained slowdown since the financial crisis amid trade frictions.
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Public Bravado, Private Doubts: Inside the Unraveling of Elon Musk’s Tesla Buyout

As his team hustled to put form to his idea, lining up investors willing to put up tens of billions of dollars. Mr. Musk was having second thoughts.
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Beyond Soda: How and Why Your Beverage Options Are Exploding

A proliferation of beverages that don’t fit within traditional drink categories is creating a headache for retailers, confusion for shoppers and a challenge for manufacturers that are trying to keep pace with changing consumer tastes.
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America Has Fallen Out of Love With the Sedan

Long a symbol of the American open road, the classic sedan is fading in the rearview mirror as millions of drivers migrate to sport-utility vehicles, prompting auto makers to rework their lineups. One cause is the shifting relationship between people and their automobiles.
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Tech Giants Target Accounts Linked to Iran

Google, Facebook and Twitter are zeroing in on Iran, scrubbing their online networks of fake accounts, videos and social-media posts by the rising cyber adversary aimed at spreading misinformation.
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Alibaba Earnings Slump on One-Time Charge

Chinese e-commerce titan Alibaba said fiscal first-quarter earnings fell 41%, driven by a one-off stock compensation charge from the revaluation of its financial-services affiliate.
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Target’s Sales Growth Highest in More Than a Decade

Target said same-store sales rose at the fastest rate in more than a decade, buoyed by efforts to improve locations and e-commerce capabilities as well as a booming economy.
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Some Tesla Suppliers Fret About Getting Paid

Tesla’s tumultuous year has fueled concern among some of its suppliers about the auto maker’s financial strength after production of the Model 3 car drained some of its cash.
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Pepsi to Acquire SodaStream in Shift to Healthier Drinks

PepsiCo has agreed to buy SodaStream for $ 3.2 billion, the latest move by the cola giant to diversify away from sugary sodas and salty snacks.
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Canada’s Auto Capital Caught in Crossfire of Trade Dispute

In Windsor, Ontario, angst is rising that the border town’s ties to the U.S. auto industry, already strained by steel tariffs, could soon be ruptured by President Trump’s threatened tariffs on Canadian-made cars.
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What Your Car Knows About You

Auto makers can now collect large amounts of data from internet-connected vehicles, from location to driving habits.
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Trump Directs SEC to Study Six-Month Earnings Reporting

President Trump said he asked the Securities and Exchange Commission to consider scaling back how often public companies report results to investors, citing business leaders who say it could promote growth.
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Tencent’s Rout This Year Has Wiped Out Over $175 Billion in Market Value

Tencent’s selloff has sparked fears of a broader contagion for tech stocks around the world.
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Uber Drivers Take Riders the Long Way—at Uber’s Expense

Many Uber drivers are taking unnecessarily long routes to drive up fares. But unlike with traditional taxis, it is the ride-hailing companies that are responsible for covering the bigger bill.
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Elon Musk: Saudi Fund Asked About Taking Tesla Private

Tesla’s Elon Musk said he has been in talks with a Saudi sovereign-wealth fund about taking the electric-car maker private and believes two-thirds of shareholders would remain with the company.
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Google Woos Partners for Potential China Expansion

While Google’s search engine remains blocked in China, the company is courting allies there by providing tools and support to a growing number of app developers, manufacturers and advertisers in the region.
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