The Panama Canal Has Become a Traffic Jam of the Seas
More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
America’s Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet
Chicago restaurants say they will have to boost prices and cut staff if a “sub-minimum wage” proposal becomes law. Source...
Why a Zara Bet Big on the Maxi Dress This Summer
Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of...
China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,...
Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link
WSJ News Exclusive | A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX
The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenue rose faster....
This Tomato Sauce Is Delicious. It’s Also Worth Billions of Dollars.
Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link
Next Time You Buy Parmesan, Watch Out for the Microchip
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EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
Some Fed Officials Are Turning Cautious about Raising Rates Too High
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
Target Sales Are Punished by Pride Month Backlash
The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source...
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China...
WSJ News Exclusive | Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
TSG Entertainment, which helped finance hits including “Avatar: The Way of Water” for Twentieth Century Fox, is suing the studio...
UAW Calls Out Slow Progress on Talks with Detroit Automakers
The union plans to hold a strike authorization vote next week with its labor contracts set to expire Sept. 14....
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
The Airport Is an Increasingly Dangerous Place to Work
Aug. 15, 2023 12:10 am ETListen to article(2 minutes)Courtney Edwards carried an orange safety cone when she set out to...
Hollywood Studios Resume Talks With Writers to End Monthslong Labor Dispute
The latest dialogue shows signs of progress on issues such as the staffing of TV shows, but big hurdles remain....
The $900,000 AI Job Is Here
Salaries are rising as employers such as Netflix and Walmart seek candidates with artificial-intelligence skills. Source link
The $900,000 AI Job Is Here
Salaries are rising as employers such as Netflix and Walmart seek candidates with artificial-intelligence skills. Source link
