Tesla Projects Slower Growth in 2024
The electric-car maker reported net income doubled in the fourth quarter, largely due to a one-time tax, while operating profits...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Chipotle to Offer New Benefits to Draw Younger Workers for Burrito Season
The company wants to hire 19,000 workers and entice them with free mental-health counseling. Source link
The Disney Sequel Bob Iger Never Wanted
Two decades after replacing Eisner, CEO faces many of the same challenges. Source link
SAP Launches EUR2 Billion Restructuring Affecting 8,000 Jobs Amid AI Push
The German business-software company said it will focus on business-related artificial intelligence. Source link
Rio Tinto Inks Power Deal With European Energy for Giant Australia Solar Farm
Rio Tinto said it has agreed to buy electricity from the planned Upper Calliope solar farm in eastern Australia to...
Wayfair Layoffs Focused on Remote Workers
Wayfair employees who work remotely were more likely to be laid off in the latest round of job cuts at...
Johnson & Johnson to Pay $700 Million to Settle Baby Powder Probe
The agreement in principle addresses an investigation brought by more than 40 states into the marketing of its talcum-based baby...
Amazon Fined in France Over Alleged Employee Surveillance
France’s privacy watchdog fined Amazon.com’s local warehouse management business, saying the company had put in place an “excessively intrusive” system...
Exxon Sues Two ESG Investors
The oil giant says Arjuna Capital and Follow This want Exxon’s oil-and-gas business to shrink, putting them at odds with...
Sunoco to Buy NuStar Energy in $7.3 Billion Deal
Fuel distributor Sunoco has agreed to buy liquids terminal and pipeline operator NuStar Energy in a stock-swap transaction valued at...
New York City Passed an AI Hiring Law. So Far, Few Companies Are Following It.
The law requires employers to disclose how algorithms screen job candidates; a loophole made it easier to sidestep it. Source...
Palantir's Momentum Hurt by Slowing Growth in Government Deals
Individual investors had bolstered the company’s share price in their enthusiasm for its new AI data platform. Source link
A Lamborghini-Style EV: BYD Goes Upmarket to Outmaneuver Tesla
BYD overtook Tesla as the world’s top electric-vehicle seller by offering Chinese drivers a choice of models. Now it is...
Tired of Chicken Yet? The Restaurant Industry Bets the Answer Is No
Americans are inundated with fried chicken, chicken wings, crispy chicken—and the biggest restaurant chains think they can stomach more. Even...
Boeing Snafus Add New Risks to 2024 Production Goals
Financial analysts have lowered their forecasts in the wake of Alaska Airlines accident and investigations into the plane maker’s manufacturing....
One City and Three Retailers Tried to Fight Shoplifting. The Stores Closed Anyway.
Portland, Ore., officials and retail executives spent months debating how to tamp down thefts and address quality-of-life issues. Source link
Readers Have a Lot of Questions About AI. We Answer Them.
From the basic to the more complex, there’s still a lot of confusion about artificial intelligence Source link
He Said Print Media Is 'Meaningless Dribble.' Now He Owns the Baltimore Sun.
David Smith built Sinclair into one of the country’s largest operators of local-TV stations Source link
Bad Hotels and Not Enough Wine: A Week With Billionaires
Aging rockers play on and the networking never ends among royals, politicians and CEOs. Source link
A Hollywood Upstart Looks to Become a Major Player
After more than a decade of producing and financing movies and shows, Skydance Media’s David Ellison eyes Paramount. Source link
