Big Brands Are Playing the Long Game in China
Apple, Mondelez and Procter & Gamble are bullish on consumer spending growth in China despite recent economic turmoil there. Source...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
The Money and Drugs That Tie Elon Musk to Some Tesla Directors
Board members have reaped hundreds of millions from stock awards and separate investments, even as some have done drugs with...
America's New Cable-TV King Almost Gave Up on Television
Charter tops Comcast as the No. 1 pay-TV provider by subscribers, months after hinting it may exit the business. Source...
Tesla Recalls Millions of Vehicles Amid Probe of Autopilot Crashes
The affected vehicles will receive an over-the-air software remedy, Tesla said, the latest in a series of setbacks to hit...
Joe Rogan Gets New Spotify Deal Worth Up to $250 Million
Rogan’s hit show is set to be distributed broadly, including on YouTube, rather than exclusively on Spotify. Source link
A Lawyer Explains How He Beat Elon Musk
Greg Varallo let the witness ramble. The trial cost Musk his $55 billion pay package. Source link
Oil Profits Keep Flowing for Exxon and Chevron
U.S. giants join Shell in posting strong earnings, but face an uncertain outlook as countries vow to phase out fossil...
Federal Prosecutors Investigate Vince McMahon Sex-Trafficking Allegations
Authorities in recent months have been in contact with women who have accused the longtime WWE boss of sexual misconduct....
Amazon Quarterly Sales Surge on Strong Holiday Shopping
The e-commerce company has benefited from resilience in the retail industry. Source link
Bad Blood: Why TikTok Videos With Taylor Swift and Other Universal Artists Are Now Silent
The world’s largest music company pulled songs from the social-media platform after failing to reach a licensing pact. Source link
Amazon to Launch AI Shopping Assistant
Rufus is trained on the company’s product catalog, customer reviews, community questions and information from across the web, according to...
Teamsters Says Strike Against Anheuser-Busch Appears Unavoidable
The International Brotherhood of Teamsters says its negotiations with Bud Light brewer Anheuser-Busch have hit a snag and that the...
The Lawyer—and Drummer—Who Felled Musk's $55.8 Billion Pay Package
A high-profile legal team, led at trial by a former corporate-defense lawyer, handled the case that led to the Tesla...
The Messenger Is Closing Less Than a Year After Its Launch
The digital-news startup launched in May 2023 with $50 million in funding and 175 reporters. Source link
Why Elon Musk's $55.8 Billion Tesla Pay Package Was Struck Down in Court
A Delaware court ruled that the process for getting Tesla board approval of Musk’s $55.8 billion compensation deal was flawed...
Boeing Says It Can't Set 2024 Financial Goals Amid 737 Max Woes
The CEO said the company needs to “focus on every next airplane” in the wake of the Alaska Airlines blowout....
The Companies Calling Workers Back to the Office Five Days a Week
UPS, Boeing and other employers are insisting on full-time attendance as some bosses lose patience with remote work. Source link
Samsung Posts Weakest Earnings in Over a Decade
The South Korean tech giant’s net profit fell 73% in the fourth quarter, leading to weak earnings for 2023. Source...
UPS to Cut 12,000 Jobs and Mandate Return to Offices Five Days a Week
CEO Carol Tomé said the cuts were a part of efforts to change how the company works amid a slowdown...
Business Groups Sue California to Block Climate Disclosures
Thousands of publicly traded and private firms are expected to have to comply with the state’s new law. Source link
