Lawmakers pressed Federal Reserve Chairman Jerome Powell over how the central bank would manage trade-offs it could confront if its interest-rate increases slow the … [Read more...] about Jerome Powell Pressed Over How Fed Would Respond to Economic Slowdown
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Intel Delays Groundbreaking Ceremony for Ohio Plant Amid Uncertainty Over Chips Legislation
WASHINGTON— Intel Corp. INTC 0.08% has told lawmakers and officials that it is delaying indefinitely the groundbreaking ceremony for a planned … [Read more...] about Intel Delays Groundbreaking Ceremony for Ohio Plant Amid Uncertainty Over Chips Legislation
Stocks Open Higher Ahead of Powell Testimony
U.S. stocks advanced ahead of a second day of testimony from Federal Reserve Chairman Jerome Powell after he warned that rapidly rising interest rates threatened a … [Read more...] about Stocks Open Higher Ahead of Powell Testimony
Sweden’s Einride to Test Autonomous Trucks on U.S. Roads
Swedish autonomous-truck startup Einride AB will test its self-driving freight vehicles on public roads in the U.S. in an operation with GE Appliances after getting approval from federal … [Read more...] about Sweden’s Einride to Test Autonomous Trucks on U.S. Roads
FDA Investigating Report of Baby’s Death After Consuming Abbott Baby Formula
The Food and Drug Administration is investigating a new report of another child’s death after consuming Abbott Laboratories ’ baby formula, the agency said Wednesday. … [Read more...] about FDA Investigating Report of Baby’s Death After Consuming Abbott Baby Formula
WSJ News Exclusive | NBCUniversal, Google Compete to Help Netflix Develop Ad-Backed Tier
Netflix, which is hoping to boost revenue by selling ads around its programming, is still in the early stages of developing the strategy and has explored a range of tie-ups in recent weeks. A … [Read more...] about WSJ News Exclusive | NBCUniversal, Google Compete to Help Netflix Develop Ad-Backed Tier