US Business

Former Tesla tech chief JB Straubel also won a seat on the auto maker’s board at the company’s annual shareholder meeting.

The FTC hasn’t often challenged mergers involving drugmakers, but under Chair Lina Khan it has taken a stricter stance on deals.

Home Depot warned that its annual sales will fall for first time since 2009. The company said demand for home-improvement goods is softening as shoppers spend more on services.

The wireless carrier’s new consumer boss is looking to reduce the “paradox of choice” and curb subscriber losses.

Many companies have settled into a hybrid work strategy that shows little sign of fading, putting pressure on cities that are suffering from declining real-estate values.

The U.S. Virgin Islands are seeking documents from the Tesla leader for its civil suit against the bank.

Twitter’s next CEO, Linda Yaccarino, is well-known for her tight relationship with ad agencies and her hard-nosed negotiating tactics. WSJ’s Suzanne Vranica explains what she can bring to the social media company.

The decision comes weeks after the U.K. regulator rejected the agreement, saying it would crimp competition in the country’s gaming market.

Michael Vale worked at the company for over 30 years and most recently served as group president and chief business and country officer.

The annual WSJ analysis of compensation for CEOs in the S&P 500 reveals that the median pay held steady. But in a first, companies are also disclosing how much those pay packages rose or fell in the year.