Business

Private Astronauts Float Through Orbit With Video Calls, Cold Pizza, Earth Views
Business

Private Astronauts Float Through Orbit With Video Calls, Cold Pizza, Earth Views

SpaceX’s crew of private astronauts has spent its first two days in space chatting with children, conducting research and taking in views of the planet hundreds of miles away.On Saturday, the Elon Musk -led company plans to return members of the Inspiration4 mission to Earth, bringing back the Crew Dragon spacecraft that is carrying them in orbit in a splashdown landing off the coast of Florida. The ship is expected to land just after 7 p.m. ET Saturday, or roughly three days after take off, according to the company. The mission represents the first time a crew of amateur astronauts has traveled to orbit on a private company’s spaceship. “We’re giving all of our time right now to science, research and some ukulele playing, and trying to raise some good awareness for an important cause for ...
U.S. Safety Agency to Probe Fatal Tesla Crash in Florida
Business

U.S. Safety Agency to Probe Fatal Tesla Crash in Florida

The top U.S. crash investigator said it was opening an investigation into the fatal crash of a Tesla Inc. Model 3 car that hit a tree in Florida this week. The National Transportation Safety Board on Friday said it would “focus on the operation of the vehicle and the postcrash fire that consumed the vehicle.”
State Funds Drop Unilever After Ben & Jerry’s Israel Clash
Business

State Funds Drop Unilever After Ben & Jerry’s Israel Clash

Two months after Ben & Jerry’s said it would stop retailing its products in Jewish settlements located in the Israeli-occupied West Bank, several state funds are selling or threatening to sell their investments in Unilever PLC, the ice cream brand’s parent company. The New Jersey Division of Investment, which manages several state pension funds, said this week it planned to sell $182 million of stocks, bonds and other securities linked to Unilever, accusing the company of breaking state laws that prohibit the boycott of Israel. It didn’t give a time frame for the sale, and Unilever can appeal the decision.
What the Elizabeth Holmes Trial Is Revealing About Theranos
Business

What the Elizabeth Holmes Trial Is Revealing About Theranos

The courtroom testimony that has unfolded so far in the criminal trial of Theranos Inc. founder Elizabeth Holmes has given even close watchers of the company new nuggets of information. While much of the Theranos story has been closely chronicled by The Wall Street Journal and others, the trial has revealed details about the company’s losses, its fundraising and the lengths prosecutors say it went to deceive its partners.
China’s Tencent to Make It Easier to Share Links to Rivals on WeChat
Business

China’s Tencent to Make It Easier to Share Links to Rivals on WeChat

Tencent Holdings Ltd. said it would gradually remove some competitive barriers from its WeChat service, including making it easier for users to share e-commerce listings from major rival Alibaba Group Holding Ltd. on the messaging app. The change came after Beijing made it clear this week that companies must stop blocking links leading to rivals’ services on their apps, part of authorities’ efforts to curb the power of Chinese consumer giants by tearing down the virtual curbs they have built in recent years. The Wall Street Journal reported in July that Tencent and Alibaba were considering opening up their services to one another, amid mounting regulatory pressure.
How Facebook Hobbled Mark Zuckerberg’s Bid to Get America Vaccinated
Business

How Facebook Hobbled Mark Zuckerberg’s Bid to Get America Vaccinated

In mid-March, Mark Zuckerberg used his Facebook page to announce a goal that was both ambitious and personal. He wanted his company to use its formidable resources to push 50 million people toward Covid-19 vaccines. In a post and a press release, the chief executive discussed Facebook Inc.’s initiatives to promote vaccines. He unveiled collaborations with global health organizations. And he touted that his company had “already connected more than 2 billion people to authoritative Covid-19 information.”
Lockdowns in Asia Deepen Commodity Supply-Chain Pain
Business

Lockdowns in Asia Deepen Commodity Supply-Chain Pain

The recent surge in Covid-19 cases in Southeast Asia has throttled ports and locked down plantations and processors, sparking extended disruptions of raw materials such as palm oil, coffee and tin. Restrictions in Malaysia, the world’s second-largest producer of palm oil, have prevented migrant laborers from traveling to plantations, raising prices of the ubiquitous edible oil used to make candy bars, shampoo and biofuel.
Tallying Emissions Becomes a New Challenge for Companies
Business

Tallying Emissions Becomes a New Challenge for Companies

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Companies Grapple With Questions About Covid-19 Vaccine Mandate
Business

Companies Grapple With Questions About Covid-19 Vaccine Mandate

Companies preparing to implement the Biden administration’s Covid-19 vaccine mandate face logistical challenges and unanswered questions about how to comply, employment and compensation lawyers say.Businesses are awaiting more details in a formal rule that the Occupational Safety and Health Administration plans to issue in coming weeks. One of the biggest unknowns is who will be responsible for covering the cost of testing for employees who choose to remain unvaccinated, lawyers said. Under the mandate announced last week, all employers with 100 or more workers would have to require that their workers be vaccinated or undergo at least weekly Covid-19 testing. Employers that don’t comply can face fines of up to about $14,000, according to the administration. Newsletter Sign-up Risk ...
Ex-Boeing Pilot Expected to Face Prosecution in 737 MAX Probe
Business

Ex-Boeing Pilot Expected to Face Prosecution in 737 MAX Probe

Federal prosecutors plan to criminally charge a former Boeing Co. pilot they suspect of misleading aviation regulators about safety issues blamed for two fatal crashes of the 737 MAX, according to people familiar with the matter. Mark Forkner, who was Boeing’s 737 MAX chief technical pilot during the aircraft’s development, is likely to face prosecution in the coming weeks, these people said. In his former role, Mr. Forkner served as the plane maker’s lead contact with the Federal Aviation Administration for how airline pilots should be trained to fly the new jet.