Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
Updated Nov. 3, 2023 1:41 pm ETAmazon, Google and Microsoft have spent the past year investing billions of dollars in...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Maersk to Cut 10,000 Jobs as Cargo Boom Ends
Updated Nov. 3, 2023 8:16 am ETShipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs,...
The UAW’s Next Challenge: Getting Workers to Vote Yes
United Auto Workers leaders bargained for months and called a historic strike before clinching tentative agreements with Detroit’s automakers. Now,...
Why Your Neighborhood Pharmacy Isn’t So Friendly Anymore
CVS and Walgreens pharmacy employees say they are overworked, understaffed, and more liable to make prescription errors due to the...
His Job Was to Make Instagram Safe for Teens. His 14-Year-Old Showed Him What the App Was Really Like.
Listen to article(2 minutes)In the fall of 2021 a consultant named Arturo Bejar sent Meta Platforms Chief Executive Mark Zuckerberg...
Amazon Executives Discussed How Its Policies Hurt Sellers, FTC Suit Says
Updated Nov. 2, 2023 1:09 pm ETAmazon.com executives discussed how its pricing policies had a “punitive aspect” on sellers, according...
The UAW Beat Detroit. Tesla Will Be a Different Beast.
A fight between union leader Shawn Fain and billionaire Elon Musk would be epic. But Fain, the factory worker who rose to...
Detroit Is Paying Up to End the UAW Strike. Now Carmakers Will Live With the Costs.
Updated Oct. 30, 2023 12:50 pm ETThe United Auto Workers campaign against Detroit’s three automakers can be described as one...
Canadian Auto Workers Reach Deal With Stellantis After Brief Strike
Updated Oct. 30, 2023 9:20 am ETTORONTO—Canadian auto workers reached a tentative deal with Stellantis after a brief strike kicked...
Meta Pauses Ads for Users Under 18 in Europe as It Rolls Out Subscriptions
Updated Oct. 30, 2023 9:16 am ETMeta Platforms will stop showing ads to European teens as part of a plan...
UAW Strike Expansion With GM Shows Union Strategy: Surprise and Misdirection
Updated Oct. 29, 2023 5:46 pm ETThe decision by the United Auto Workers on Saturday to call a fresh strike...
WSJ News Exclusive | A Harvard Prodigy Set Out to Disrupt the Legal Industry. Now, CS Disco Tries to Fix Its Culture.
Kiwi Camara is gone from CS Disco, but the legal software company’s troubles aren’t.The Harvard Law School prodigy’s abrupt exit...
An American Family Oil Dynasty Ends as Hess Sells
Listen to article(2 minutes)One of the first things you notice when entering the Hess Tower in downtown Houston is the...
The World’s Biggest Carmaker Made a Huge Bet on Tech. Things Went Wrong Fast.
Toyota knew it needed new expertise. But creating a startup mentality to mesh with an 86-year-old giant didn’t work. Source...
Boeing Cuts 737 Delivery Goal for Year
Updated Oct. 25, 2023 1:02 pm ETBoeing’s turnaround will have to wait. Hamstrung by a snafu involving misdrilled holes on its...
Toyota Chairman Says People Are Finally Seeing the Reality About EVs
Updated Oct. 25, 2023 11:38 am ETTOKYO—Toyota Motor Chairman Akio Toyoda, when asked about electric-vehicle challenges including a recent lull...
Exxon, Chevron Invest in the West as Global Conflicts Increase
Updated Oct. 25, 2023 12:01 am ETListen to article(2 minutes)As the world becomes more dangerous, the two largest Western crude...
3M Says Business Is Improving, Boosts Earnings Guidance
Updated Oct. 24, 2023 1:05 pm ET3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance...
GM Scales Back EV Plans as Buyers Hesitate
Updated Oct. 24, 2023 12:28 pm ETGeneral Motors is abandoning a self-imposed target to build 400,000 electric vehicles by mid-2024,...
Apple Risks Getting Caught in Taiwan Tensions With iPhone Supplier Probes
For decades, Apple has navigated an escalating series of challenges in China, from fake stores and factory protests to tightening...
