Manufacturing

Business

The chemicals company has agreed to rework the part of its massive settlement with plaintiffs that deals with how future claims over its Roundup weedkiller are covered.

Commodities

Energy giant BP has agreed to sell its petrochemicals business to British chemicals company Ineos for $5 billion, marking the largest deal by an oil major since the new coronavirus was declared a pandemic.

Markets

More than 40% of the companies in the S&P 500 have pulled their guidance, as the coronavirus pandemic has doused U.S. corporations in uncertainty, and their shares together have fallen more than the broader index.

WSJ News Exclusive

The decision to reverse an Obama-era initiative was based on a new analysis that showed the toxic chemical is too rare in public water supplies to require setting a federal limit.

World

A Pakistan International Airlines plane crashes in Karachi, Memorial Day weekend begins as restrictions ease, central Michigan is flooded as dams break and more from The Wall Street Journal’s photo editors.

WSJ News Exclusive

A small city in upstate New York has become the latest place to contend with the disposal of toxic “forever chemicals” that the U.S. military has been trying to destroy, as concerns grow that such chemicals contribute to air pollution.

Oil Markets

Prices are staging a furious comeback from last month’s collapse, lifted by record supply cuts and a pickup in global fuel demand that many investors hope heralds a swift economic recovery.

Commodities

Some fund managers think it is safer, and will prove more lucrative, to invest in refined-oil products or in Brent, a blend of crudes produced in the North Sea. The hottest trade right now: gasoline.

Business

Demand for sanitizing service for retail stores is skyrocketing, causing a scramble for workers and expertise as retailers work to keep coronavirus at bay in stores with more deep cleaning, as well as make cleaning more visible to shoppers so they feel safe coming in.

Earnings

Caterpillar, Harley-Davidson and 3M are among U.S. manufacturers idling production and reducing costs as the pandemic undercuts demand for their products.

Earnings

BP said debt rose sharply and warned of falling production and a worsening outlook for refining margins, offering a first look at how the new coronavirus pandemic is straining the balance sheets of the world’s largest oil companies.

Business

The German sports-gear maker said it expected the pandemic to hit sales and profit even harder in the second quarter than the first, painting a picture of a slow recovery for the hard-hit retail industry.

Gas Markets

When natural gas became as cheap as coal in the U.S., it spawned an energy transformation that drove many companies out of business while generating opportunities for others. East Asia’s biggest economies are now going through the same upheaval.