Page 25 - Wsj Com News Today

Signs are mounting that the U.S. economy is losing some steam as the Omicron variant of the Covid-19 virus spreads rapidly through parts of the country.

Oracle Corp. on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner Corp. that vaults the business-software giant deeper into healthcare technology.

Covid-19's accelerating spread has hampered operations and slowed sales at some companies in a matter of days, but many say they hope precautions adopted during previous surges will help them motor through this one.

Everyone and their brother is getting an online marketplace. What should investors make of it?

The People's Bank of China has never been politically independent like a Western central bank, but it has nonetheless enjoyed a special status in the nation's economic hierarchy. Now, President Xi Jinping's shake-up of China's financial sector is stripping that away.

Royal Dutch Shell PLC is standing firm against Third Point LLC's call for a breakup of the oil giant to retain and attract investors. But that isn't stopping Eni SpA and other European energy conglomerates from targeting similar moves to boost shareholder returns.

China's Communist Party has long maintained tight control over information, and the effort has intensified under leader Xi Jinping. The country has become increasingly opaque over the past year, even as its presence on the world stage grows.

Exxon Mobil Corp. said Wednesday it will maintain a conservative budget for the next five years, as the outlook for oil and gas demand remains murky while coronavirus-led economic risks persist and some countries attempt to wean themselves off fossil fuels.

A few seconds after a cook turned on a stove in a tiny mobile kitchen in a Houston parking lot in April, a fireball erupted from the propane burners, flaring out into the center of the trailer owned by Reef Global Inc.

New York City hotel owners have been hoping for a big year-end boost to their business as international tourists start to return during what is traditionally a bustling time of the year.