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INFLATION EASED IN AUGUST, THOUGH PRICES REMAIN HIGH
The consumer-price index rose 5.3% from a year before as supplies and labor
continued to drive up prices.5 min read
* STOCKS RISE ON INFLATION DATA
◆ WSJ News Exclusive
IRANIAN GUARDS HARASSED FEMALE U.N. NUCLEAR INSPECTORS, DIPLOMATS SAY
The previously unreported incidents at Iran’s main nuclear facility allegedly
involved inappropriate touching of female inspectors by male security guards
and orders to remove clothing, diplomats said.8 min ago5 min read
◆ WSJ News Exclusive
CHEVRON TO TRIPLE LOW-CARBON INVESTMENT
The oil giant plans to spend $10 billion through 2028 on technologies such as
biofuels and hydrogen, up from a prior commitment of around $3 billion.3 min
read
* BP TAPS RENEWABLE POWER SPECIALIST IN GREEN ENERGY PUSH
APPLE TO REVEAL NEW IPHONE LINEUP
After weeks of turbulent headlines, Apple CEO Tim Cook is expected to take the
virtual stage Tuesday in an attempt to return attention to the key driver of its
success: the iPhone.174 min read
* CYBER FLAW ALLOWS SILENT IPHONE HACK
* HEARD ON THE STREET: APPLE, GOOGLE COULD STILL WIN FROM APP STORE LOSS
DEMOCRATS RELEASE DETAILS OF PROPOSED TAX INCREASE
House Democrats are calling for raising the corporate tax rate to 26.5% from
21%, a 3-percentage-point surtax on top earners and a capital-gains tax
increase.2,1448 min read
* WHAT’S IN THE TAX PROPOSAL?
* DEMOCRATS HEAR CONFLICTING MESSAGES FROM VOTERS
STEVEN COHEN TO INVEST IN NEW CRYPTO QUANT TRADING FIRM
The hedge-fund manager and owner of the New York Mets agreed to make an initial
investment in Radkl, which will be led by partners of high-speed trading firm
GTS.64 min read
* STREETWISE: DEFI IS CRYPTO’S WALL STREET, WITHOUT A SAFETY NET
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The Facebook Files
FACEBOOK KNOWS INSTAGRAM IS TOXIC FOR TEEN GIRLS, COMPANY DOCUMENTS SHOW
Its own in-depth research shows a significant teen mental-health issue that
Facebook plays down in public. Part 2 in a series offering an unparalleled look
inside the social-media giant’s failings—and its unwillingness or inability to
address them.88Long read
* PART 1: FACEBOOK SAYS ITS RULES APPLY TO ALL. DOCUMENTS REVEAL A SECRET ELITE
THAT’S EXEMPT.
OFFICES REOPEN WITH SAFETY PLANS, BUT COMMUTES SPOOK WORKERS
Companies are trying to arrange the safe return of workers to big-city offices,
but one factor remains beyond their control: the mass-transit commute.617 min
read
* ASIA PONDERS POST-VACCINATION MOVES
* WHAT TO KNOW ABOUT FLU VACCINE
NEWSOM FACES RECALL ELECTION IN CALIFORNIA
California voters will decide whether to make Gavin Newsom the second governor
to be recalled in the history of America’s most populous state over frustration
with his handling of the Covid-19 pandemic.4 min read
* BIDEN CAMPAIGNS FOR NEWSOM
AMAZON ADDING 125,000 WORKERS, OPENING DOZENS OF FACILITIES
The technology giant is preparing for the coming holiday shopping period, a time
in which a tight labor market is set to make it more challenging to find staff.3
min read
TALIBAN’S PLEDGE OF AMNESTY FOR SECURITY OFFICIALS MEETS WIDESPREAD DISTRUST
Some government servants of the fallen Afghan republic have answered the
Taliban’s call to return to work. But there have been enough revenge killings to
create a sense of dread among former members of the military and police.6 min
read
LISTEN TO THE JOURNAL.
A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan
Knutson.
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The Facebook Files, Part 1: The Whitelist
An investigative series dives into an extensive array of internal Facebook
documents. WSJ's Jeff Horwitz explains how high-profile users are shielded from
the site's rules.Read Transcript
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MARKETS
PAYTM BLAZED A TRAIL IN INDIAN FINTECH BUT FACES CROWDED MARKET AS IPO NEARS
The $2.2 billion listing will see the company beat China’s Ant to the public
markets, but it isn’t the dominant player in payments that it wanted to become.7
min read
GARY GENSLER PLANS TO OUTLINE SEC AGENDA IN SENATE HEARING
The Securities and Exchange Commission chairman will highlight investor
protection and seek more resources for the agency.2 min read
GOLDMAN SACHS CFO STEPHEN SCHERR TO RETIRE
Denis Coleman, a leveraged-finance banker who has spent 25 years at the Wall
Street firm, will succeed CFO Stephen Scherr, who will leave at the end of the
year.16 min ago1 min read
CHINA EVERGRANDE HIRES FINANCIAL ADVISERS AS PROTESTS ERUPT AT ITS OFFICES
China Evergrande moved closer to a potential restructuring of its $89 billion
debt burden by hiring outside advisers, while protests broke out at some of its
offices.4 min read
STOCK BUYBACKS BEAT CAPITAL SPENDING FOR MANY BIG COMPANIES
Some finance chiefs say they have plenty of money to invest in their businesses,
but shortages in the equipment and people needed for new projects are limiting
how much they can take on, leaving excess cash for buying back stock.5 min read
BUSINESS
◆ WSJ News Exclusive
PAY FOR COMPANY DIRECTORS STALLED LAST YEAR
The median pay for board members at the top 100 public U.S. companies held
steady at $310,000 last year. That is likely to change this year.64 min read
CHINESE SEXUAL-HARASSMENT CASE RESUMES
Backers of a civil case brought by a former intern at China’s state broadcaster
see it as a test of the government’s willingness to address gender issues.16 min
ago5 min read
SOUTH KOREA FINES GOOGLE FOR THWARTING POTENTIAL ANDROID RIVALS
Google abused its market position by thwarting efforts that could have spawned
competing mobile operating systems and delayed the release of new products and
services, the Korea Fair Trade Commission said.3 min read
U.S.
PROSECUTION WITNESSES IN THERANOS TRIAL TO SUPPORT CLAIM ELIZABETH HOLMES LIED
Federal prosecutors in the criminal trial of the Theranos founder are set to
continue questioning witnesses Tuesday.5 min read
* COVID-19 WORRIES TO DOMINATE MIDTERM CAMPAIGNING BY BOTH PARTIES
* NICHOLAS BRINGS HEAVY RAIN TO TEXAS
PROPERTY REPORT
MALLS BOUNCE BACK, BUT BRACE FOR TOUGH FALL SEASON
Analysts say that nicer weather got people out of the house and that newly
vaccinated Americans felt better being around strangers in enclosed spaces.3 min
read
PIMCO SETS ITS SIGHTS ON COMMERCIAL REAL ESTATE
As the Covid-19 pandemic reduces property values, the bond investor pursues
higher yields by acquiring hotels and office buildings.3 min read
LIFE & WORK
TIMOTHÉE CHALAMET, RIHANNA, BILLIE EILISH AND THE 41 BEST LOOKS OF THE MET GALA
2021
Fashion’s biggest night finally returned—with a dose of national pride—at the
Metropolitan Museum of Art. See all the most notable looks from the red carpet.2
min read
Anatomy of a Song
HOW ‘GO YOUR OWN WAY’ HELPED LINDSEY BUCKINGHAM GET OVER STEVIE NICKS
Desolate over the couple’s breakup in 1975, Fleetwood Mac’s Lindsey Buckingham
wrote the first single from the “Rumours” album. “The lyrics were an honest
representation of what I was feeling,” he says.77 min read
LISA RINNA DOES NOT BELIEVE IN RULES, BEAUTY OR OTHERWISE
“I do whatever I want whenever I want.” The Real Housewives of Beverly Hills fan
favorite, social media sensation and beauty impresario on elaborate product
rituals, good genes and weaning her husband off baby oil.7 min read
Work & Life
VACCINE MANDATES ARE COMING TO OFFICES, BUT THE HONOR SYSTEM RULES
Shifting guidance on mask wearing and a lack of disclosure over vaccination
status rattle some workers going back to offices.1156 min read
VIDEO
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GOV. GAVIN NEWSOM FACES CALIFORNIA RECALL ELECTION
5:11
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OPINION
HERE COMES THE BIDEN TAX BILL
By The Editorial Board | Review & Outlook
JOE BIDEN’S PRESIDENCY IS INCREDIBLE—NO, REALLY
By Gerard Baker | Free Expression
GAVIN NEWSOM’S WHITE PRIVILEGE
By William McGurn | Main Street
COVID CONFUSION AT THE CDC
By Marty Makary | Commentary
DEMOCRATS BLINK ON CARRIED INTEREST
By The Editorial Board | Review & Outlook
IS DONALD TRUMP FINISHED?
By Holman W. Jenkins, Jr. | Business World
Got a tip for us?Here’s how to submit it.
MOST POPULAR NEWS
1. FACEBOOK SAYS ITS RULES APPLY TO ALL. COMPANY DOCUMENTS REVEAL A SECRET
ELITE THAT’S EXEMPT.
2. DEMOCRATS RELEASE DETAILS OF PROPOSED TAX INCREASE
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4. APPLE CYBER FLAW ALLOWS SILENT IPHONE HACK THROUGH IMESSAGE
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MOST POPULAR OPINION
1. OPINION: JOE BIDEN’S PRESIDENCY IS INCREDIBLE—NO, REALLY
2. OPINION: COVID CONFUSION AT THE CDC
3. OPINION: HERE COMES THE BIDEN TAX BILL
4. OPINION: EL SALVADOR RUNS A BITCOIN SCAM
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