U.S. Job Openings Jumped at End of Last Year
Demand for workers has been elevated since mid-2021. Layoff totals increased slightly in December as some companies announced job cuts....
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OPEC+ Ministers Stick to Cutting Plan Amid Oil-Demand Uncertainty
A panel of energy ministers said the group of petrostates would continue cutting oil production, amid uncertainties about demand in...
Mondelez Expects Fewer Price Increases This Year
The maker of Oreo cookies and Sour Patch Kids candy said it doesn’t plan to raise prices further in the...
ChatGPT Creator Releases Tool to Detect AI-Generated Text, Calls It ‘Unreliable’
TechOpenAI says tool complements methods educators, employers and others use to determine source of text Source link
Exxon Vaults to Record Annual Profit of $55.7 Billion
BusinessEarningsOnly Apple and Microsoft so far have surpassed Exxon’s fiscal 2022 profit as the oil giant capitalized on high commodity...
Employment-Cost Report Shows Worker Pay Gains Held Nearly Steady in Fourth Quarter
Employer spending on wages and benefits remained elevated last quarter but showed modest signs of cooling. Source link
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
Memory-Chip Makers Face a Prolonged Price Slump
Prices of the chips are expected to keep falling in the first half of 2023, putting more pressure on an...
U.S. Appeals Court Sides With Drugmakers on Discount Program
BusinessHealth CareHealthDrugmakers can limit shipments to hospitals and clinics of drugs discounted under federal program, court rules in loss for...
Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus
EconomyEconomy Week AheadJob reports will gauge U.S. wages, openings and overall labor market, while Fed meets to consider raising rates...
Amazon Raises Price Minimum for Free Online Grocery Delivery
BusinessPrime members will have to spend over $150 for free delivery on Amazon Fresh orders, up from $35 Source link
Toyota Rethinks EV Strategy With New CEO
Jan. 29, 2023 11:33 am ETListen to article(2 minutes)Toyota’s chief executive always said he wasn’t a skeptic about electric vehicles—he...
ChatGPT Spotlights Microsoft’s Early Efforts to Monetize AI
The company has pledged billions of dollars more for OpenAI, the company behind the chatbot. Source link
‘GMA3’ Hosts Amy Robach and T.J. Holmes Leaving ABC News
BusinessAnchors stepped away from hosting in December after personal relationship was revealed Source link
DOJ Seeks to Ban Sam Bankman-Fried From Contacting FTX Employees
Prosecutors alleged the founder of the failed cryptocurrency exchange contacted a potential witness in his criminal case. Source link
Why Lyft Is Headed for Its Own Recession
The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses. Source link
Americans Are Gobbling Up Takeout Food. Restaurants Bet That Won’t Change.
McDonald’s Corp. has a new restaurant outside Fort Worth, Texas, with no tables or seats for customers and a conveyor...
The Decline of the Nice-to-Have Economy
Consumers are reining in their spending on pandemic-era luxuries and conveniences, just as investors are doing the same—putting startups in...
Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
The oil company banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices...
Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall
The tire maker is shedding roughly 5% of its salaried staff around the world, joining a raft of companies trimming...
