How the Push for Diversity at Colleges and Companies Came Under Siege
The management philosophy known as DEI, which had gathered momentum since 2020, has been under siege over the past year...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Disney Wins Backing of Key Investor in Battle With Nelson Peltz
Updated Jan. 3, 2024 1:39 pm ETWalt Disney Co. won the support of a key shareholder in its fight with...
U.S. Auto Sales Bounced Back in 2023
Updated Jan. 3, 2024 11:49 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on...
Behind Cheap Stuff From Shein and Temu: A Hard Bargain With Suppliers
Updated Jan. 3, 2024 11:22 am ETSHENZHEN, China—E-commerce sellers Shein and Temu are offering a lifeline for small suppliers in...
Volkswagen Job Cuts to Help Save Flagship Brand $4.37 Billion Next Year
Volkswagen has reached a deal with workers that will help its flagship brand save up to $4.37 billion next year...
Google to Pay $700 Million in Play Store Settlement
The agreement with a coalition of states resolves antitrust litigation related to the app store. Source link
A Free-World Champion to Rival China: Nippon Chief's Ambitions for U.S. Steel Deal
Nippon Steel President Eiji Hashimoto says the acquisition would boost economic security, but U.S. politicians and workers object. Source link
The Suez Canal Becomes a New Front in Israel-Hamas Conflict
Oil giant BP has joined cargo shipowners in diverting vessels from the critical Middle East route after attacks by Yemen’s...
Nippon Steel to Acquire U.S. Steel for $14.1 Billion
The deal would combine steel giants in America and Japan. Shares of U.S. Steel surged 26% in early trading. Source...
Southwest Hit With $140 Million Penalty for 2022 Holiday Meltdown as It Prepares for Next Christmas Weekend
‘It will never happen again. I promise you that,’ Chief Executive Bob Jordan said. Source link
Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.
Updated Dec. 17, 2023 12:03 am ETHONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever...
Matthew Perry’s Death Darkens Ketamine’s Startup Glow
By Rolfe Winkler and Brianna AbbottDec. 16, 2023 9:00 pm ETMatthew Perry’s death from the effects of ketamine brought new...
Court Sides With FTC Finding Illumina-Grail Deal Anticompetitive
A federal appeals court said the U.S. government was right to challenge Illumina’s purchase of cancer-test developer Grail, but still...
How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back
Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court...
The Self-Checkout Even the Haters Will Love
Updated Dec. 16, 2023 12:05 am ETEvery so often a technological breakthrough comes along that makes you feel like you’ve...
Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.
Updated Dec. 16, 2023 12:04 am ETListen to article(2 minutes)At a 2018 meeting with a senior General Motors team, Chief...
WSJ News Exclusive | Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
Updated Dec. 15, 2023 10:35 pm ETActivision Blizzard has agreed to pay more than $50 million to settle a high-profile...
Where the Executive Who Sold One Medical to Amazon Turns for Advice
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
AI Is Ravenous for Energy. Can It Be Satisfied?
Every company betting that artificial intelligence will transform how we work and live has a big—and growing—problem: AI is inherently...
Big Four Accounting Firms Overhired. Now They’re Starting to Lay Off Partners.
An Ernst & Young senior partner, during a call with some of the accounting firm’s U.S. partners and staff, delivered...
