Tech Boom Floods Israel’s Silicon Valley With Cash, Exposing Divisions
TEL AVIV—Nir Zohar started at Wix.com in 2007 as office gopher. Today, he is chief operating officer at the Tel…
Designers Try Selling Clothes First, Making Them Later
Some items on fashion designer Rebecca Minkoff’s website, including a $158 Gigi top and $248 Darcy dress, don’t exist. They…
Chinese Pig Prices Are No Longer Flying High
After two years of soaring pork prices, China now faces the opposite problem: a depressed market for the staple. Pork…
Stablecoins in Spotlight as U.S. Begins to Lay Ground for Cryptocurrency Rules
WASHINGTON—The Biden administration is taking aim at so-called stablecoins as it begins to lay the ground for stricter regulation of…
Huawei CFO Meng Wanzhou Reaches Deal With Justice Department
The U.S. Justice Department agreed to allow Huawei Technologies Co. finance chief Meng Wanzhou to return to her home in…
China Evergrande’s Electric-Vehicle Unit Warns of Cash Squeeze
China Evergrande Group ’s once-highflying electric-vehicle unit warned it was facing a “serious shortage of funds” and might not be…
For Self-Driving Cars, the Hot New Technology Is… Radar
One of the hottest new technologies for next-generation auto-safety systems and planned “autonomous” vehicles has roots going back a century.Yes,…
Prince Harry and Meghan Hustle to Become Royalty—in Hollywood
Prince Harry, Duke of Sussex and sixth in line to the British throne, had slipped away from his fellow royals…
Pfizer, FedEx, Nike: Stocks That Defined the Week
Pfizer Inc . Pfizer is one step closer to getting children a Covid-19 shot. The company and its partner BioNTech…
Theranos Lab Director Describes Raising Alarms About Faulty Tests
Theranos Inc.’s former lab director testified Friday about what he called pervasive and persistent errors in the company’s blood-testing technology…
PG&E to Face Manslaughter Charges Over 2020 Wildfire
A California prosecutor filed criminal charges including manslaughter against PG&E Corp. for its role in igniting a wildfire that killed…
Dow, S&P 500 Edge Higher After Evergrande Payment Deadline Passes
The Dow Jones Industrial Average and the S&P 500 ticked up on Friday, clinching weekly gains despite uncertainty over the…
Pelosi Plans Votes on Biden’s Spending Plans Next Week Despite Democratic Rifts
WASHINGTON—Top House Democrats said they would charge ahead with a plan to bring up both a $1 trillion infrastructure bill…
United Airlines Is Fined $1.9 Million for Runway Delays
The Transportation Department said it fined United Airlines Holdings Inc. $1.9 million for violating the department’s rule prohibiting long tarmac…
GM Presses White-Collar Staff Who Haven’t Reported Covid-19 Vaccination Status
General Motors Co. is cracking down on white-collar employees who haven’t complied with a corporate mandate to report their vaccination…