This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 14, 2020).

The U.S. budget deficit reached $3 trillion in the 12 months through June, putting the government on pace to register the largest annual deficit as a share of the economy since World War II.

U.S. firms are rushing to hire chief diversity officers or elevate existing leaders to the position, a role long marked by high turnover.

SoftBank is exploring alternatives including a full or partial sale or public offering of British chip designer Arm Holdings.

Alphabet's Google is tightening its ties to India with a $10 billion fund to profit from the country's digital evolution.

A rally in stocks fizzled, with the S&P 500 and Nasdaq losing 0.9% and 2.1%, respectively. The Dow eked out a gain of less than 0.1%.

The Fed's Kaplan said recent U.S. economic data point to a slowing recovery as cases of illness related to the coronavirus surge.

Disney said it would again close its Hong Kong theme park amid a rise in coronavirus cases in the city.

Ford unveiled a new retrolooking Bronco after nearly a decade of plotting the vehicle's return.

NBCUniversal is launching its Peacock streaming service Wednesday, a latecomer to the crowded market.

PepsiCo posted flat revenue as increased demand for its snacks and packaged foods largely offset a decline in beverage sales.

(END) Dow Jones Newswires

July 14, 2020 02:47 ET (06:47 GMT)

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