Raskin Faces Senate Questions Over Views on Climate Change, Regulations
Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, defended her views on using financial regulation...
Month: February 2022
CNN President Jeff Zucker Resigns, Citing Relationship With Colleague
CNN President Jeff Zucker resigned from the TV news organization, citing his failure to disclose a consensual relationship with a...
Sarah Bloom Raskin Faces Senate Questions Over Climate Views
WASHINGTON— Sarah Bloom Raskin, President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing...
Facebook’s Shares Plunge After Profit Decline
Facebook parent Meta Platforms Inc. posted rising revenues but a modest decline in profit as it increased spending to execute...
Coke Goes Big on Olympics Sponsorship in China. At Home, Not So Much.
Coca-Cola Co. has been an Olympics supporter for nearly a century. It counts China as its third-largest market after the...
Starbucks Sales Rise as Cost Pressures Increase at the Coffee Chain
Starbucks Corp. SBUX 0.45% said rising costs of supplies and wages will continue to weigh on the coffee giant’s profit...
GM Earnings Rose Sharply in 2021
General Motors Co. GM 2.54% said it plans to accelerate the timetable for some electric-vehicle launches and will establish a...
Google Parent Caps Blockbuster Year With Sales Gains
Google parent Alphabet Inc. GOOG 1.61% posted another quarter of strong sales growth, capping a year when profit nearly doubled...
Elevated Job Openings Show Early Sign of a Pullback
Employers pulled back on demand for workers last month amid signs the economy was starting to cool as the Omicron...
Rio Tinto Says Racism and Sexual Harassment Are Widespread at Miner
SYDNEY—When one Rio Tinto PLC worker reported she had been sexually harassed by a colleague, a manager told her it...
Teachers Are Quitting, and Companies Are Hot to Hire Them
Burned out teachers are leaving the classroom for jobs in the private sector, where talent-hungry companies are hiring them—and often...
Sony to Buy Videogame Maker Bungie in $3.6 Billion Deal
Sony Group Corp.’s SONY 4.51% videogame unit said Monday that it is buying videogame developer Bungie Inc., the studio that...
