Finance executives at America’s biggest companies received a collective 7% pay rise last year as many…
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Shell to Let Shareholders Vote on Shift to Cleaner Energy
LONDON— Royal Dutch Shell PLC detailed a first-of-a-kind shareholder vote over its pivot away from oil,…
Jeff Bezos Says Amazon Needs ‘Better Vision’ for Employees, Defends Work
Amazon.com Inc. founder and Chief Executive Jeff Bezos said the company needs a “better vision” for…
Delta Reports Another Quarterly Loss But Says Travel Demand Is Rising
Delta Air Lines Inc. signaled the worst of the coronavirus pandemic is likely behind it, as…
Merck, Partner Halt Covid-19 Treatment Trial for Hospitalized Patients
Merck & Co. and its partner Ridgeback Biotherapeutics LP said they are stopping a trial of…
UnitedHealth Posts Stronger Quarterly Results as Membership Grows
UnitedHealth Group Inc. recorded stronger year-over-year revenue and profit figures for the first three months of…
TSMC Sets Up for Soaring Chip Demand
Taiwan Semiconductor Manufacturing Co. said it would raise its capital spending budget and revenue growth forecast…
Covid-19 Stimulus, Vaccinations Likely Spurred March Retail Sales Surge
U.S. shoppers likely boosted retail spending sharply in March as federal-stimulus funds made their way to…
Unemployment Claims Likely Fell as Covid-19 Recovery Picked Up
Unemployment claims likely resumed their decline as the U.S. economic revival picked up speed. Economists surveyed…
House Panel Advances Bill to Study Slavery Reparations
WASHINGTON—A House panel approved legislation that would create a commission to study the possibility of offering…
Publicis Reports a Return to Organic Revenue Growth
Organic revenue at Publicis Groupe SA increased 2.8% in the first quarter, the advertising agency conglomerate…
Ship Logjam at California Ports Is Easing After March Import Deluge
A monthslong logjam of cargo ships at Southern California’s ports appears to be easing even as…
New York Fed’s Williams Unsure When Federal Reserve Will Pull Back Policy Aid
Federal Reserve Bank of New York President John Williams said Wednesday he doesn’t know when the…
Central Bank Will Begin Reducing Bond Purchases ‘Well Before’ Raising Interest Rates, Powell Says
WASHINGTON—Federal Reserve Chairman Jerome Powell said Wednesday that the central bank will begin to reduce the…
J&J Covid-19 Vaccine Pause Poses Another Test for Balancing Pandemic Risks
On Tuesday, regulators recommended pausing the rollout of Johnson & Johnson ’s Covid-19 vaccine out of…