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P&G, Target to Cover Employee Travel for Abortions

Procter & Gamble Co. and Target said they would cover travel expenses for employees who can’t access abortions near where they live, joining other companies that have taken the step after the Supreme Court overturned the constitutional right to abortion.P&Gunlike many of the technology and banking giants that had previously announced similar policies, is based in a Midwestern state with an abortion ban. A federal judge in Ohio issued an order Friday allowing the state’s six-week ban to take effect. A few other

After Roe v. Wade Ruling, Employers Weigh in on Abortion and Benefits—Cautiously

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/after-roe-v-wade-ruling-companies-reimbursing-medical-and-travel-expenses-for-abortion-risk-blowback-11656109337 This copy is for your personal, non-commercial use only. Distribution and use of this…

Apple Goes Deeper Into Finance With Buy Now, Pay Later Offering

Apple Inc. AAPL -3.86% tiptoed into finance with Apple Pay and the credit card it launched three years ago with Goldman Sachs Group Inc. Now it is going all in. The tech giant is launching a buy now, pay later offering in the U.S. later this year that will allow consumers that shop with Apple Pay to split purchases into four payments every two weeks. Apple will underwrite the loans and fund them, which…

Deloitte Explores Splitting Auditing, Consulting Arms, Following Ernst & Young

Deloitte is exploring a plan to split its global audit and consulting practices, following an effort by fellow Big Four accounting firm Ernst & Young to potentially spin off its consulting arm, according to people familiar with the matter.The moves would mark the biggest shake-up in the accounting industry in decades, handing windfalls to tens of thousands of the firms’ partners and creating two new consulting giants and two stripped-down auditing firms. Deloitte reached out to investment bankers at…

Mike Novogratz’s Crypto Comeback Faces a Trial by Fire

Seven years after heavy losses shuttered his hedge fund, Mike Novogratz was in his SoHo office watching his computer screen flicker prices of cryptocurrencies, his new favorite investments. They were all collapsing. The former college wrestler who once worked for Goldman Sachs Group Inc. GS -1.72% and Fortress Investment Group had reinvented himself as one of Wall Street’s biggest digital-currency proponents, a cult figure for thousands of…

Corporate Executives Size Up U.S. Economic Signals as Clouds Form

Over the past week, business leaders have laid out in the starkest terms yet that a period of universal strength in the U.S. economy has given way to a muddled outlook in which a labor shortage, soaring stock markets and a healthy consumer are no longer givens.Technology companies from Facebook parent Meta Platforms Inc. to Uber Technologies Inc. have sharply slowed hiring in recent weeks, and Elon Musk told staff at…

Small Businesses Lose Confidence in U.S. Economy

Small businesses are flashing warning signs on the U.S. economy as inflation, supply-chain snarls, a shortage of workers and rising interest rates darken the outlook for entrepreneurs.Fifty-seven percent of small-business owners expect economic conditions in the U.S. to worsen in the next year, up from 42% in April and equal to the all-time low recorded in April 2020, according to a survey of more than 600 small businesses conducted in May for The Wall Street Journal by Vistage Worldwide Inc., a business-coaching and…