Partners

A proliferation of IPOs created several new billionaires in 2019, but a turbulent stock market also knocked many entrepreneurs out of the billionaire ranks.

A report says Amazon will open a new grocery store in Los Angeles.

Developed in 1963, the official poverty rate is based on pre-tax income thresholds related to the cost of a minimum food diet and the number of individuals who depend on that income.

T-Mobile and Sprint are hoping to complete their merger soon. But the man positioned to head that new company is in talks to lead another major undertaking: a rescue mission for WeWork.

After pushing U.S. oil and natural-gas production to record levels, some shale companies are doing the unthinkable: They are planning to pump less.

Subway, once the most successful fast-food company in America, has had some tough years as revenue has declined and the number of Subway locations has fallen.

Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi said in an interview on the television show “Axios on HBO” that the murder of journalist Jamal Khashoggi was “a mistake” by the Saudi Arabian government, and compared it to Uber’s accident with a self-driving car that killed a woman.

Disney confirmed Disney+ will stream on Amazon’s Fire TV device. Heard on the Street’s Aaron Back reports that’s good because the company’s streaming service needs all the viewers it can get. Photo: Hollandse-Hoogte/Zuma Press

The chairman and CEO of JPMorgan Chase tells Lesley Stahl he's optimistic about the economy and explains why he's not running for president.