Author: WSJ

Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane midflight.

White Christians in the Hawkeye State will have an outsize influence on picking the GOP presidential nominee. Source link

Even the deepest pockets have their limits. Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market Intelligence. Amazon and Alphabet are also currently generating just under $95 billion combined in annual free cash flow. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches. In the past two years, hundreds of cargoes loaded with supercooled gas departed the U.S. Gulf Coast as foreign buyers turned to America for energy supplies. Developers of export terminals have seized the momentum to advance plans to build new plants and crank out even more LNG.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 11, 2024 7:25 pm ETThe new bitcoin ETFs had a roaring debut in their first day of trading, but Vanguard refused to join the party.The asset-management giant said Thursday it won’t offer the new spot bitcoin exchange-traded funds on its brokerage platform, highlighting concerns about the digital currency’s suitability for many individual investors.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Days after “Cyberpunk 2077” made its debut in December 2020, the much-hyped videogame was so buggy that Sony Group pulled it from its PlayStation store and players plastered social media with complaints of glitches. The misfire surprised gamers partly because “Cyberpunk 2077,” featuring actor Keanu Reeves, was one of the most expensive games ever released. Last month, it capped an improbable comeback by winning best ongoing game at one of the industry’s biggest awards shows.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 11, 2024 7:14 am ETChesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that creates one of the largest natural-gas producers in the U.S.The companies on Thursday said the value is based on Chesapeake’s closing price as of Wednesday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Fast Retailing’s fiscal first quarter net profit jumped thanks to sharp increases in revenue and profits at its Uniqlo outlets internationally and in Japan.Net profit in the September-to-November quarter rose 27%, compared with the same period a year earlier, to 107.80 billion yen ($739.57 million), the owner of the Uniqlo clothing company said Thursday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Updated Jan. 9, 2024 7:09 pm ETX Corp. announced three new shows, including with former CNN host Don Lemon and former Hawaii congresswoman Tulsi Gabbard, as the social-media platform seeks to draw more eyeballs and move attention away from controversies over owner Elon Musk’s own posts.The platform also said Tuesday that it will host a show with sports commentator Jim Rome that will stream five days a week.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 9, 2024 8:05 pm ETBoeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that has resulted in roughly 170 of its planes being grounded and spooked its customers. In his first remarks since the accident, Calhoun indicated a misstep by the aircraft maker played a role. “We are gonna approach this—No. 1—acknowledging our mistake,” Calhoun said Tuesday in an address to employees just days after the incident on an Alaska Airlines flight. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8