Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record
Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Bank of England Raises Key Interest Rate by Quarter Percentage Point
The central bank increased its key rate for the 14th time in a row and said it may do so...
Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light....
Workers to Employers: We’re Just Not That Into You
In the postpandemic economy, we are living more and working less. Source link
Maaco, Meineke Owner Is Hit by Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
Crypto Rules Delay Puts Billions in Tax Revenue at Risk
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. Source...
WSJ News Exclusive | PG&E Scraps Tree-Trimming Program Once Seen as Key to Fire Prevention
The California utility spent more than $2 billion on an effort it says was ineffective. Its focus now is on...
Uber’s Business Is Finally Making Money After Years of Losses
What to Read Next Source link
Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on...
Elon Musk’s X Sues Nonprofit That Accused It of Allowing Hate Speech
The social-media company alleges that the Center for Countering Digital Hate prepares its research using flawed methodologies to censor viewpoints...
How This Virginia Aquaculture Farm Raises 4 Million Oysters for Market
Ward Oyster is one of the largest cage oyster farms on the East Coast, selling 4 million oysters and tens...
CVS to Shed 5,000 Jobs in Cost-Cutting Push
The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants. Source link
DeSantis Calls for Ending Normal Trade Ties With China
What to Read Next Source link
Small-Business Lending Is About to Change, With Simpler Requirements
An SBA overhaul will make it easier for fintechs and other nonbank lenders to issue loans, prompting worries about defaults....
While Everyone Else Fights Inflation, China’s Deflation Fears Deepen
Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling...
Congress Faces Crunchtime in Fight Over Spending Cuts
After the summer break, lawmakers on Capitol Hill will need to pass spending bills by Oct. 1 to avoid a...
Water Balloon Fights, Reinforced Roller Coasters: How Theme Parks Battle Extreme Heat
Operators are extending evening hours and spray misters and adding more steel to rides to manage a sweltering summer. Source...
China-Founded Rivals Ramp Up War for American Shoppers
Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers...
Why the Drivers of Lower Inflation Matter
Competing effects of central banks, healing supply chains affect recession odds. Source link
The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse
One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it...
