U.S. Flight Disruptions Mount After FAA Grounding Order Ends
Updated Jan. 11, 2023 7:56 pm ETListen to article(2 minutes)An outage with a federal pilot-alert system cascaded into a nationwide...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
FTX Says It Has Located More Than $5 Billion in Cash, Liquid Assets
Bankrupt cryptocurrency exchange FTX said it has located more than $5 billion in cash and other liquid assets and is...
U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry
Treasury officials are in Europe this week discussing price caps that go into effect next month. Source link
Boeing Boosts Annual Orders and Deliveries, but Still Lags Behind Airbus
The closely followed race comes after decades of Boeing’s almost-uninterrupted dominance of the commercial aircraft market. Source link
WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup
The departures of executives, including Rivian’s supply-chain head, have come amid the company missing 2022 production targets. Source link
Coke, PepsiCo Are Target of Probe by Federal Trade Commission
The agency is investigating potential price discrimination in the U.S. beverage market. Source link
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
GOP House Takes First Swipe at IRS Money
PoliticsFirst legislation from new Republican majority would rescind billions in funding for tax agency Source link
Lululemon Shares Tumble on Profit Warning for Holiday Quarter
The athletic-gear maker’s earnings targets came in below Wall Street’s expectations. Source link
Deere to Allow Farmers to Repair Their Own Equipment
BusinessAgreement aims to ensure farmers, independent repair shops can fix increasingly high-tech tractors Source link
Tech Industry Reversal Intensifies With New Rounds of Layoffs
TechCompanies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly Source link
Economy Week Ahead: Consumer Inflation in Focus
EconomyEconomy Week AheadU.S. and Chinese governments to report latest price trends Source link
Public Transit Goes Off the Rails With Fewer Riders, Dwindling Cash, Rising Crime
By Jimmy Vielkind Jan. 8, 2023 1:08 pm ETListen to article(2 minutes)Several of the nation’s largest urban mass-transit systems are...
Elon Musk Seeks to Move Trial Over Tesla Tweets, Saying San Francisco Jurors Are Biased
TechBillionaire says negative local publicity surrounding his management of Twitter will prevent a fair trial Source link
New Alzheimer’s Drug Leqembi Will Be Out of Reach for Most Patients
HealthMedicare won’t pay for medicine under rule issued to restrict use of earlier drug whose approval generated controversy Source link
The Future of Car Technology, as Seen at CES 2023
Color-changing cars. Flying taxis. And a gaming-style tablet that can steer a vehicle. Car companies descended on CES in Las...
The Race to Build the ‘Yellowstone’ Universe
Amid tight deadlines and freezing temperatures, Paramount churns out prequels to generate programming for its streaming service and capitalize on...
The Executive Who Made Winter Gear High Fashion
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Fed’s Barkin and George Say Inflation Fight Isn’t Over Despite Promising Signs
Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond...
Beer Sales Drop as Consumers Balk at Higher Prices
BusinessU.S. demand for beer fell at the end of last year after a strong run of defying inflation Source link
