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Real-time updates from eLesor

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GSK Promises Growth, but Will Cut Its Dividend

The spinoff of the consumer health business will allow the remaining company to increase sales by more than 5% a year for the next half decade, management said.

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New home sales fall short of expectations, but dropping lumber prices could provide breathing room

'Demand for new homes has held up comparatively well even as mortgage applications for home purchase have dropped.'

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Spanish court approves John McAfee’s extradition to the U.S.

Spain’s National Court has approved the extradition of detained antivirus software entrepreneur John McAfee to the United States, where he is wanted on tax-related criminal charges that carry a prison sentence of up to 30 ...

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Gold prices climb toward highest finish in a week

Gold futures climb on Wednesday, with prices heading for their highest settlement in a week, supported by a U.S. dollar that has receded from roughly 2-month highs.

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Why U.S. stocks face a tough decade ahead even if corporate revenues are strong

Stock market's return will grow at the same rate as the U.S. economy.

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Some financial advisers never meet their clients face-to-face. Is that a problem?

Building trust takes extra effort when relationships are long-distance.

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The ‘shelter in suburbia’ trade is about to reverse — and these stocks will suffer

5 reasons the COVID pandemic megatrend is over.

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Plug Power Jumped After Earnings. Why It's Falling Wednesday.

Plug Power's first-quarter earnings report was good enough for weary investors wanting to put accounting issues behind them. Now Wall Street is weighing in.

Southwest Airlines names CEO successor

Southwest Airlines Co. said Wednesday that Robert Jordan will succeed Gary Kelly as chief executive, effective Feb. 1, 2022. Jordan has been with the company since 1988 and has served in a number of roles including execut...

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PVH to sell Izod, Van Heusen and other labels to Authentic Brands in $220 million deal

Authentic Brands is adding to its portfolio, which already includes Barneys, Forever 21 and Brooks Brothers, which filed for bankruptcy in 2020.

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7 things you need to do now to get ready to buy a house

The real estate market is challenging right now, but savvy buyers can snag the home they want. Here's what to do.

Dow trades flat at 33,938; S&P 500 gains 0.2%

Nasdaq Composite gains 0.4% and trades near intraday record at 14,313

Nasdaq adds to record climb after housing report

New home sales fall nearly 6% in May to 769,000 annual rate, Census Bureau says

Nasdaq Composite establishes all-time intraday at 14,303.63

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NFL player Carl Nassib donated $100K to The Trevor Project — 5 other LGBTQ groups to support during Pride Month

Nassib, who has a three-year $25.25 million contract with the Las Vegas Raiders, said he’s doing his part to ‘cultivate a culture that’s accepting.’

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U.S. current account deficit surges to 14-year high – no thanks to record trade gap

A measure of the nation’s debt to other countries surged by almost 12% in the first quarter to the highest level in 14 years largely because of record U.S. trade deficits during the pandemic.

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Powell and the Fed are enabling the Biden inflation

Huge increase in federal spending in next few years will bring back inflation with a bang.

Nasdaq Composite up 0.3%

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The Wall Street Journal

Headlines from The Wall Street Journal

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Store Brands Could Make a Name for Themselves This Year

After a boost from the 2008 recession, private-label food has seen stagnating market share. This year could change that.

A Chicago Penthouse With a Sprawling Rooftop Deck

The crown jewel of this four-bedroom Chicago penthouse is a 1,800-square-foot private rooftop deck. The home is listed for $2.655 million.

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Stocks Edge Up After Nasdaq Hits Record

The technology-heavy Nasdaq Composite Index was on track to notch another all-time high as stocks ground higher ahead of services, manufacturing data.

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Southwest Airlines CEO to Step Down in February

Gary Kelly, who has served as chief executive since 2004, will be succeeded by Robert Jordan, a 60-year-old Southwest executive.

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Repair Furniture or Toss It? How to Make the Agonizing Decision

Maybe it’s a favorite rug that’s frayed or an inherited sofa with a broken leg. Is it worth fixing? Experts help you make the call.

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U.K. Denies Russia Fired Warning Shots at Warship

Russia’s Defense Ministry said its armed forces fired warning shots at a British destroyer that was violating its territorial waters near Crimea, but the U.K. government denied that such events took place.

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Some Chief Experience Officers Want to Make Their Jobs Disappear

A dedicated experience leader is a fixture on many executive teams, but how long the role will survive is in question.

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Chemical Engineer Found Surprise Role in Manhattan Project

Meyer Steinberg, who has died at age 96, was among the dwindling band of surviving scientists from a secret mission to build atomic bombs.

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Biden’s Tax Pledge Limits Options for Infrastructure Deal

Republicans’ tax opposition and the president’s push for a corporate-tax increase leave little room for bipartisan agreement on revenue.

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Iran Says It Foiled Attack on Another Nuclear Facility

The sabotage attempt is the latest in a series of attacks on the country’s nuclear facilities and the killing of one its top nuclear scientists, as well as the recent election of a hard-line cleric as president.

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Best Books for Kids: Our Reviewer’s Picks for Summer Reading

A guide to books ideal for long car rides, the camp duffel bag or rainy days.

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Where to Find Rare Business-Class and First-Class Deals

As airlines work to recover from the pandemic, they’re selling some high-end seats abandoned by business travelers for 70% off.

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‘Millionaire Yang’ Was China’s First Stock-Trading Hero

Yang Huaiding, who started trading bonds and stocks before China had real exchanges, died at the age of 70.

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Record-Smashing Teen Leaps From High School to Olympic Trials

Last month, 18-year-old Hobbs Kessler smashed Jim Ryun’s 1,500-meter American junior record, which stood for 55 years. Now Kessler is aiming for the Tokyo Games.

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North Korea Gives the U.S. the Cold Shoulder on Nuclear Talks

The Kim Jong Un regime has rebuked the Biden administration’s outreach for engagement, extending a diplomatic stalemate.

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OPEC Alliance Considers Boosting Production Amid Uneven Recovery

The Saudi-led organization and its allies are considering boosting the group’s collective output by some 500,000 barrels a day when they meet next week, delegates said, representing a modest boost to the world’s supply of ...

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Formula 1’s Future Is an All-Women’s Series

The world of Formula 1 has long been known as a billionaire boy’s club. Can the W Series—the world’s first international female-only motorsport championship—change that?

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Race Between Covid-19 Vaccines and Delta Variant Plays Out in U.K.

The Delta variant is generating rapidly rising caseloads in the U.K., but smaller increases in hospitalizations and fatalities, in a hopeful sign that mass vaccination can prevent a repeat of the heavy toll of sickness and...

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Uber, Lyft Drivers Race to Apps That Make Contract Work a Better Gig

Gig workers are adopting apps to track pay, monitor events and dispute complaints amid a patchwork of regulatory efforts.

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For Ever Given, Ship That Blocked Suez, It Could Soon Be Anchors Aweigh

The owner and insurers of the ship reached a preliminary deal with the Suez Canal Authority to release the vessel, according to the U.K. insurance group helping lead negotiations.