Tag: Business News

Apple Takes Smartphone Lead in China, Helping Drive Record Profit

Apple Inc.’s AAPL 6.98% latest record holiday quarter came in part because…

7 Min Read

Luckin Coffee, Waylaid by Fraud, Tries to Perk Back Up

HONG KONG—Nearly two years after Luckin Coffee Inc. LKNCY 10.23% stunned global…

11 Min Read

IMF Says China’s Economic Imbalances Have Worsened

Imbalances in the Chinese economy have worsened and delayed China’s transition to…

7 Min Read

Federal Judge Blocks Gulf of Mexico Drilling Leases

A federal judge invalidated the lease sale of 80 million acres in…

0 Min Read

Biogen to Sell Biosimilar-Venture Stake to Partner Samsung Biologics

Biogen Inc. BIIB -0.30% is selling its share in biosimilar joint venture…

4 Min Read

Mondelez Mulls More Price Hikes for Snacks as Inflation Eats Into Profits

Mondelez International Inc. MDLZ 1.28% said higher prices for its snacks weren’t…

5 Min Read

Apple Posts Record Quarterly Results Despite Parts Shortages

Apple Inc. AAPL -0.29% posted quarterly results Thursday that shattered previous records,…

9 Min Read

Neil Young’s Radio Channel on SiriusXM Is Revived After Spotify Removal

SiriusXM, a unit of Liberty Media Corp. , announced the return of…

6 Min Read

U.S. Economy Grows as Fourth-Quarter GDP Shows Strongest Year in Decades

The U.S. economy grew rapidly in the fourth quarter of last year,…

9 Min Read

Botticelli Portrait of Christ Sells for $45.4 Million

A Sandro Botticelli portrait of Jesus Christ with bloodshot eyes and a…

5 Min Read

Confused by Your Home or Mobile Internet Costs? Help Is on the Way

WASHINGTON—Consumers would be able to easily compare rates for home and mobile…

6 Min Read

Job Market Appears Healthy Despite Omicron Headwinds

Filings for unemployment benefits fell last week, showing a tight labor market…

4 Min Read