BYD, China’s Tesla, Is Coming for the World
The EV maker is about to become an export juggernaut and a threat to the world’s largest automakers. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Who Should Eat the Cost of Pricier Delivery Menus?
Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link
How Worried Should We Be About AI’s Threat to Humanity? Even Tech Leaders Can’t Agree.
Artificial-intelligence experts debate whether to focus on averting an AI apocalypse or on problems such as bias and disinformation. Source...
Labor Could Be Detroit’s Next Big Disruption
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J&J’s $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining...
U.S. Arms Makers Look Overseas to Boost Stockpiles
With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad....
Tesla Leads Race to Draw Federal Money for Charging Networks
Elon Musk’s company is beating out rivals to win millions of dollars in grant awards. Source link
Meet the Man Who Has Detroit on Edge
United Auto Workers President Shawn Fain is throwing out the traditional union playbook and preparing for a strike, possibly against...
Spectrum Customers Lose ESPN as U.S. Open, College Football Heat Up
Charter Communications subscribers are caught in the middle of a philosophical fight between the cable giant and Disney, parent company...
Amgen’s $27.8 Billion Deal for Horizon Therapeutics Clears Key Hurdle
The Federal Trade Commission said it had agreed to end its legal challenge of the $27.8 billion deal. The pact...
Walgreens Chief Executive Rosalind Brewer Steps Down
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link
WSJ News Exclusive | Saudi Arabia’s Aramco Considers Selling $50 Billion in Shares
The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans...
CNN Taps Former New York Times Chief Mark Thompson to Lead Struggling Network
Mark Thompson, whose appointment as CEO will be effective Oct. 9, comes as parent Warner Bros. Discovery looks to bring...
3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.
Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general. Source link
A Private Phone. Secret Recordings. Inside One CEO’s Relationship With a TV Anchor.
Under Armour’s Kevin Plank shared nonpublic financial details with Stephanie Ruhle, and she gave advice on how to address negative...
American Airlines Fined $4.1 Million for Keeping Fliers on Planes Too Long
The U.S. penalty is the largest ever for tarmac delays, which the airline attributed to “exceptional weather events.” Source link
U.K. Flights Disrupted by Air-Traffic-Control Glitch
The U.K. restricted the number of flights into its airspace for several hours after a technical issue disrupted its air-traffic-control...
OpenAI Launches Business Version of ChatGPT That Competes With Microsoft
The new product puts the startup in direct competition with Microsoft, its largest backer and partner. Source link
Heating Waters Force Change in Industries That Depend on the Ocean
Aug. 28, 2023 12:11 am ETListen to article(1 minute)In Maine, lobsters are heading north and some lobstermen are moving into...
Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires
As wildfire risk spreads from Oregon to Hawaii, utilities weigh whether to leave customers in the dark when winds pick...
