For the past generation, Amazon.com Inc has been the centerpiece of a prevailing view that the growth of the internet has had a deflationary impact. Online shopping brought transparency to every aspect of the economy, increasing competition and taking pricing power away from companies that used to have it. Now Amazon may be leading the marketplace in a new direction ...

Barclays Plc Chief Executive Officer Jes Staley has proved skeptics wrong: Hanging on to the British bank’s large securities business has been a blessing, especially during the pandemic. Staley was under pressure at various points to cut back on riskier trading activities. He held off and his firm — like its Wall Street peers — has prospered, riding the wave ...

With a month to go before a showdown with activists at its annual meeting, Exxon Mobil Corp is putting its best face forward. The activist argument rested on two pillars. First, Exxon’s strategy for managing the energy transition was, at best, unclear and at worst barely in existence. Exxon has moved to defang that with a shift in messaging around ...