Could a Recession Still Be Years Away? Steady Growth, Moderating Inflation Improve Odds of Extended Expansion
If the Federal Reserve achieves a soft landing, history suggests the economy could keep growing four or five more years....
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its...
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
Meta Sees Ad Business Rebound but Warns of Higher Spending in Metaverse
The Facebook parent posted its highest quarterly sales growth in more than a year as demand for digital advertising gets...
Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link
GE Brings Good Things (Its Shares) Back to Life
The manufacturer cited strong orders for jet engines and wind turbines, sending its shares up another 6%. Source link
UPS, Teamsters Reach Agreement on New Contract, Averting Strike
The five-year labor deal would prevent a strike by roughly 330,000 package-delivery drivers and package sorters. Source link
GM Again Lifts Its Profit Outlook, Plans More Cost Cuts
The automaker says buyers are willing to pay for pricier models and features. Source link
Elon Musk’s Pivot to X Draws Strong Opinions Across Twitter
The latest move by the billionaire owner to remake the platform elicits excitement and dismay from users, shrugs from advertisers....
Tucker Carlson’s Fox Exit Helps Boost Newsmax Ratings
The surge for conservative news channel Newsmax has corresponded with a decline in Fox News’s prime-time ratings following Carlson’s exit....
Farmers Work to Cool Livestock and Chickens as Heat Gets Extreme
The health of animals and farmers’ incomes are under threat as temperatures soar in the U.S. Source link
WSJ News Exclusive | Inside Lyft CEO David Risher’s Efforts to Bolster the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form...
China Dominates Solar. Does the U.S. Stand a Chance?
The U.S. invented solar panels in the 1950’s. But it’s China that’s grown to dominate the technology in global markets....
Chevron Waives Retirement Age for CEO Mike Wirth
The oil giant reported higher-than-expected profit in the second quarter. Source link
‘Barbenheimer’ Delivers Blowout Weekend at the Box Office
The dual release of “Barbie” and “Oppenheimer” offers relief to an otherwise sleepy summer for film debuts. Source link
Elon Musk Says Twitter Will Change Its Logo to X
The billionaire owner of Twitter says the social media platform will do away with its longtime blue bird logo. Source...
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
Google, McDonald’s, Exxon Headline Busy Earnings Week
A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. Source link
The Horrible Performance Review That Set Him on the Road to CEO
John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But...
Why America’s Largest Tool Company Couldn’t Make a Wrench in America
A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The...
