This Company Is Nvidia’s AI Chip Partner—and Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been...
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Breaking Business News/Latest Business Updates/World Business News Update
Why Central Bankers Are Unsure Whether They’ve Raised Rates Enough
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation....
Chromebooks Were Once a Good Deal for Schools. Now They’re Becoming E-Waste.
Educators say the simple laptops are no longer a good deal because once they reach their expiration dates they have...
Please Support This Ice Maker: Big Manufacturers Try Crowdfunding to Market-Test Products
GE Appliances and others seek customer feedback and payment in advance to help validate a concept. Source link
FTC Pauses Challenge to Amgen’s $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source...
Dating Apps Put a Hefty Price Tag on Finding Love
Tinder, Bumble and others are introducing higher-priced tiers, betting users will pay up. Source link
‘The Market Is Dead’: Ukraine’s Farmers Count the Cost of Grain Deal’s Collapse
Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and...
Everyone Wants to Talk to Gina Raimondo–Even China
The Commerce Department head tests her expanded reach this weekend. Source link
This Company Created a Return-to-Office Plan That Employees Actually Like
J.M. Smucker is ordering workers to be at its Ohio headquarters for 22 ‘core’ weeks. It is a strategy that...
Trump’s Mug Shot, a Presidential First, Is a Merch Bonanza
The former president’s campaign and independent sellers are printing his glowering booking photo on coffee mugs, T-shirts and bumper stickers....
A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the...
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has...
Teamsters Ratify New Five-Year Labor Contract With UPS
The deal reached last month averted a potentially damaging strike for U.S. supply chains. Source link
Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
The retailers’ shares traded sharply lower after they posted weaker quarterly earnings and gave tepid forecasts for the rest of...
How Hard Should the Fed Squeeze to Reach 2% Inflation?
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,...
Deal to Double China Flights Signals U.S. Airlines’ Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source...
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Teva Agrees to Pay $225 Million to Settle U.S. Price-Fixing Charges
The generic drugmaker’s U.S. unit also must sell the drug line for cholesterol treatment pravastatin. Source link
Car Prices Might Be Unsustainable for Buyers
Surging loan delinquencies signal that many consumers can’t afford their auto loans. Source link
America’s Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
