WSJ News Exclusive | News Startup Puck Taps Former Twitter Customer Chief as CEO
Puck tapped the former Twitter executive Sarah Personette as chief executive officer of the news startup, where she will be...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
CVS Names Cowhey Permanent Finance Chief as Guertin Departs
CVS Health on Friday said Shawn Guertin, its top finance executive who has been on a leave of absence since...
Supermarket Giant Drops Pepsi and Lay’s Over Price Increases
Updated Jan. 4, 2024 6:16 pm ETOne of the world’s biggest supermarket chains said it would drop several PepsiCo products...
SpaceX Sues Labor Board Over Employee Firings
SpaceX sued the U.S. government’s labor board a day after an official at the agency accused the company of violating...
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related...
WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships
The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after...
How the Push for Diversity at Colleges and Companies Came Under Siege
The management philosophy known as DEI, which had gathered momentum since 2020, has been under siege over the past year...
Disney Wins Backing of Key Investor in Battle With Nelson Peltz
Updated Jan. 3, 2024 1:39 pm ETWalt Disney Co. won the support of a key shareholder in its fight with...
U.S. Auto Sales Bounced Back in 2023
Updated Jan. 3, 2024 11:49 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on...
Behind Cheap Stuff From Shein and Temu: A Hard Bargain With Suppliers
Updated Jan. 3, 2024 11:22 am ETSHENZHEN, China—E-commerce sellers Shein and Temu are offering a lifeline for small suppliers in...
Volkswagen Job Cuts to Help Save Flagship Brand $4.37 Billion Next Year
Volkswagen has reached a deal with workers that will help its flagship brand save up to $4.37 billion next year...
Google to Pay $700 Million in Play Store Settlement
The agreement with a coalition of states resolves antitrust litigation related to the app store. Source link
A Free-World Champion to Rival China: Nippon Chief's Ambitions for U.S. Steel Deal
Nippon Steel President Eiji Hashimoto says the acquisition would boost economic security, but U.S. politicians and workers object. Source link
The Suez Canal Becomes a New Front in Israel-Hamas Conflict
Oil giant BP has joined cargo shipowners in diverting vessels from the critical Middle East route after attacks by Yemen’s...
Nippon Steel to Acquire U.S. Steel for $14.1 Billion
The deal would combine steel giants in America and Japan. Shares of U.S. Steel surged 26% in early trading. Source...
Southwest Hit With $140 Million Penalty for 2022 Holiday Meltdown as It Prepares for Next Christmas Weekend
‘It will never happen again. I promise you that,’ Chief Executive Bob Jordan said. Source link
Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.
Updated Dec. 17, 2023 12:03 am ETHONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever...
Matthew Perry’s Death Darkens Ketamine’s Startup Glow
By Rolfe Winkler and Brianna AbbottDec. 16, 2023 9:00 pm ETMatthew Perry’s death from the effects of ketamine brought new...
Court Sides With FTC Finding Illumina-Grail Deal Anticompetitive
A federal appeals court said the U.S. government was right to challenge Illumina’s purchase of cancer-test developer Grail, but still...
How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back
Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court...
