Wall Street Journal
Commercial News
7/31/21
WSJ.com: US Business
Big Oil Companies, Back in the Money, Keep Spending Tight
Exxon and Chevron reported strong profits as some economies recover from the pandemic, but the oil giants, like their European counterparts, preach capital discipline.
Towns Trying to Ban Natural Gas Face Resistance in Push for All-Electric Homes
Massachusetts is emerging a hot spot in the battle over phasing out gas for home cooking and heating in favor of electricity, with opponents worried about higher costs and unfamiliar technologies.
Procter & Gamble Warns of Higher Costs and Slower Sales
The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.
Walmart, Disney to Require Vaccines for Some U.S. Staff
Walmart and Disney are requiring thousands of their U.S. workers to get vaccinated for Covid-19 amid a shift in federal health guidelines and rising U.S. cases in recent weeks.
Elon Musk's 'Delivery Hell'
September of 2018 was a do-or-die moment for Tesla. The auto maker?s CEO had staked the company?s future on a promise to deliver huge numbers of cars by the end of the month?and a quarterly profit. But getting the vehicles to customers in time wasn?t easy.
Household Spending Rose in June, Before Delta Upswing
While some local governments and businesses reinstate Covid-19 rules, economists expect consumers to continue opening their wallets.
Fed's Brainard Says Labor Market Hasn't Satisfied Goals for Reducing Bond Purchases
Fed governor Lael Brainard says the labor market is, however, on track to reach a key threshold around the end of the year.
