WSJ News Exclusive | Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link
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What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
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Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at...
Exclusive Tesla Footage Suggests Reasons for Autopilot Crashes
A WSJ analysis of dashcam footage and data from a Texas crash shows Tesla’s Autopilot system failed to recognize stopped...
WeWork Raises Doubt About Its Survival
WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and...
Weight-Loss Drug Wegovy Cuts Heart Attack, Stroke Risk by 20% in New Study
Novo Nordisk’s anti-obesity drug reduced people’s risk of suffering heart attacks, strokes and cardiovascular deaths by 20%. Source link
AI Botched Their Headshots
Updated Aug. 8, 2023 10:27 am ETListen to article(1 minute)Professional headshots generated by artificial intelligence are in vogue with young...
Chinese Exports Fall at Steepest Pace Since February 2020
Slide in outbound shipments reflects China’s fraying trade ties with the Western world, even as exports to Russia boom. Source...
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin...
Tesla CFO Zach Kirkhorn Steps Down Ahead of Cybertruck Launch
Kirkhorn had been seen as a possible successor to Elon Musk as CEO. Tesla said Chief Accounting Officer Vaibhav Taneja...
Tyson Foods Expands Chicken Plant Closures
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The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made...
The Other A.I.: Artificial Intimacy With Your Chatbot Friend
Some people develop connections with chatbots that become personal. Source link
‘Barbie’ Surpasses $1 Billion at the Box Office
“Barbie” is now the fourth U.S. motion picture directed or co-directed by a woman to cross the billion-dollar mark. Source...
Pratt & Whitney Engine Problems Lead Some Airlines to Reduce Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link
Space Companies Struggle to Meet Lofty Goals
Newer industry players are cutting jobs, trimming spending and reining in plans. Source link
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans....
The Teamsters Boss Calls Himself S.O.B., and He Wants Everyone to Know It
Updated Aug. 5, 2023 12:02 am ETListen to article(2 minutes)At a rally in Atlanta last month, Teamsters President Sean O’Brien...
Tank Tops, Toilet Trips and Lies: What Headhunters Can See
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