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The Wall Street Journal

14 stories

Law

The Supreme Court Is Returning for a New Term. Here’s What to Know.

The Supreme Court is returning for a new term. The justices will be venturing into cases at the front lines of politics and culture.

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AI & Policy

The Morning Risk Report: New AI Czar Unveils Goals, Members of White House Task Force

The new AI czar has unveiled goals and the members of a White House task force. The same morning report notes community banks swinging back at regulators over crypto charters.

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Deals

Schneider Electric to Buy Software Maker PTC for $22.6 Billion

Schneider Electric is buying software maker PTC for $22.6 billion. The acquisition aims to create one of the largest industrial-software portfolios, at a time when the rise of AI is reshaping customer needs.

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Banking

Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals

Intesa has sweetened its bid for Monte dei Paschi to $35.3 billion. It warned it could pull out if Monte dei Paschi shareholders back rival deals.

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Energy

Shippers Are Offering Sailors Up to $25,000 a Trip to Sneak Oil Out of the Gulf

Shippers are offering sailors up to $25,000 a trip to sneak oil out of the Gulf. More tankers are getting through the Strait of Hormuz despite Iranian threats, in a burgeoning system of risky shuttle runs that cost up to $40 million.

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World

Oil Was Pouring Out of Hormuz Again. Then Attacks on Ships Resurged.

Oil was pouring out of the Strait of Hormuz again — then attacks on ships resurged. Iran’s targeting of ships has improved, according to a U.S. official, making transits through the strait riskier.

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Energy

Oil Prices Fall as G-7 Plans Crude, Diesel Release But Hormuz Shipping Risks Persist

Oil prices fell, with traders weighing an emergency oil and diesel stock release by the G-7. Renewed attacks around the Hormuz Strait and persistent supply risks are also hanging over the market.

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Business

These Energy Companies Put Oklahoma City on the Map. Now They’re Moving to Texas.

Energy companies that put Oklahoma City on the map are moving to Texas. The departures of Devon Energy and Expand Energy are the latest sign that oil-and-gas mergers are consolidating the industry in Houston.

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US Politics

How Gas, Diesel and Electricity Prices Are Squeezing American Voters

Gas, diesel and electricity prices are squeezing American voters. Many say energy prices are top of mind as they head to the ballot box in November.

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Trade

Why It’s Taking Nine Months to Get Back $164,000 in Tariff Refunds

It has taken nine months to get back $164,000 in tariff refunds. Many small businesses paid tariffs through FedEx and other carriers, and are now encountering a long and tortuous process for getting the money back.

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Autos

How Britain Learned to Love Chinese Cars—Especially a Look-Alike Range Rover

Britain has learned to love Chinese cars — especially a look-alike Range Rover. The Jaecoo 7, made by China’s Chery, was the U.K.’s bestselling vehicle in September.

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AI & Tech

Deutsche Telekom Bets on AI to Cut Costs, Boost Revenue

Deutsche Telekom is betting on AI to cut costs and boost revenue. The telecommunications group expects AI to generate gross savings outside the U.S. of around $1.24 billion by 2027.

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Robotics

Robotics Startup RobCo Hits $1 Billion Valuation

Robotics startup RobCo has hit a $1 billion valuation. The German company aims to capitalize on growing demand for autonomous industrial robots.

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Media

Tom Cruise’s Big-Budget ‘Digger’ Bombs at the Box Office

Tom Cruise’s big-budget ‘Digger’ has bombed at the box office. The critically divisive movie is the final release from Warner Bros. before its acquisition by Paramount closes.

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