Covid drugs a booster for Pfizer sales
Drugmaker in search for deals to boost pipeline of products.
The Wall Street Journal
Ex-pope leaves stain on his record of handling sex abuse
Benedict fights to defend his record after report criticised failings during his time as an archbishop in Munich.
Israelis extend aid to prop up Abbas
Centrist coalition government launches a series of economic initiatives in West Bank aimed at curbing Hamas.
SoftBank pitches IPO for chip designer Arm after deal collapses
Competition concerns force the Japanese technology giant to scrap the sale of its chip design business Arm that could have netted $112bn, but CEO Masayoshi Son has a Plan B.
America must get serious again about defence spending
For 30 years the establishment mocked Russia, fantasised about China, and frittered resources away on ill-judged diversions. But the world’s holiday from history has come to an end.
China mobilises Twitter ‘army’ to drown out critics
Researchers say many accounts are largely automated and are meant to drown out calls by advocacy groups to boycott the Beijing Games.
$5.04bn worth of Bitcoin stolen in 2016 seized by US
The value of the bitcoin at the time it was seized last week marks the Justice Department’s largest-ever financial seizure.
Spotify CEO apologises to employees for Rogan slur
‘Cancelling voices is a slippery slope,’ Daniel Ek says after a host’s use of a racial slur in previous episodes sparked an outcry.
Nvidia, SoftBank call off blockbuster Arm deal
SoftBank revives plans to take the UK-based chip-design specialist public, aims to launch IPO before the end of the year.
Hailey Bieber’s bold business move
She’s a model, YouTube host and is married to one of the biggest pop stars in the world. So what else is on the cards for Hailey Bieber?
Why Tories lost faith in Boris
Lockdown scandals and an embrace of big government leave Conservatives with little reason to back the British Prime Minister.
SEC subpoenas Tesla seeking information linked to Musk
US regulator’s probe revives scrutiny of Elon Musk tweet claiming he had secured funding to potentially take the EV maker private.
Frontier buys Spirit Airlines amid turbulence
The deal will unite two of the biggest low-fare carriers in the US as the travel industry continues to claw its way back toward pre-pandemic levels.
Ottawa police shift to aggressive gear over protests
Canadian police arrest people trying to ferry fuel and food to truckers in bid to end 11-day protest against vaccine mandates.
Big tech trade starts to lose its shine
The NYSE FANG+ Index, which tracks popular stocks like Meta Platforms, Apple, Amazon and Netflix, has tumbled 10% this year.
Putin targets NATO’s weakest link – Germany
Biden should encourage Berlin to come off the sidelines and stop giving Moscow a pass. By escalating over Ukraine, Putin has driven a wedge between Germany and the rest of NATO.
Luxury learning: From the Maldives to North Pole
On a trip to the new Ritz-Carlton Maldives resort, a traveller combines her pampering R&R with hands-on lessons on marine ecology.
Sexy TikTok videos take toll on teen girls
Sudden social media fame is catching teenagers off guard, leaving many unprepared for the attention they thought they wanted.
Unis don’t care about free speech; here’s how to make them
The solution is to create an incentive for universities to protect open inquiry — the fear of lawsuits.
US staff shortages, fed by Omicron, curbed growth
The Omicron variant has hit staffing hard in the US, and lingering pressures remain for some employers.
Original URL: https://www.theaustralian.com.au/business/the-wall-street-journal/page/199