Wall Street Journal
Commercial News
3/2/21
WSJ.com: US Business
Target Keeps Growing at Rivals' Expense
The retailer?s holiday sales rose solidly during the latest quarter, capping off a year when revenue increased more than it had in the previous 11 years combined.
Kohl's Restarting Stock Buybacks, Dividend Amid Activist Pressure
The department-store chain, which is facing pressure from a group of shareholders, said it also plans to spend at least $550 million on capital expenditures during new fiscal year.
Puff Bar Defies Fruity E-Cigarette Crackdown
In an effort to sidestep FDA rules on fruity, disposable vaporizers, e-cigarette brand Puff Bar says it is using nicotine that isn?t derived from tobacco.
Merck to Help Johnson & Johnson Make Its Covid-19 Vaccine
The assistance from a competitor, to be announced by President Biden on Tuesday, will help speed up production of the single-shot vaccine that was approved by the FDA on Saturday.
CVS, Walgreens Look for Big Data Reward From Covid-19 Vaccines
Chains are collecting data from millions of customers as they sign up for shots, enrolling them in patient systems and having recipients register customer profiles.
Is Inflation a Risk? Not Now, but Some See Danger Ahead
Though slack in the economy and a vigilant Fed currently keep prices well in check, some influential economists say political pressure and a new emphasis on maximizing employment could test the central bank?s resolve to raise rates by enough when inflation risks emerge.
Biden's CFPB Pick to Focus on Borrowers Struggling During the Pandemic
Rohit Chopra, President Biden?s pick to head the Consumer Financial Protection Bureau, said he would seek to protect Americans struggling with debt amid the coronavirus pandemic from potential abuses by lenders.
