In China, a Detention and a New Espionage Law Have Businesses Worried
Foreign companies are growing more concerned about the safety of their staffs and the reliability of Beijing’s pledges that China...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Gap to Conduct Layoffs, Cutting 1,800 Corporate Jobs
The cuts, which are expected to result in $300 million in annualized savings, are happening mainly at the retailer’s San...
Caterpillar Lifts Sales With Higher Prices as Demand Holds Strong
The construction-equipment maker said sales volumes rose in the first three months of the year, though services sales volumes fell....
Airlines Get Ready for Busy Summer as Travel Ramps Up
American and Southwest project a busy travel season after a winter slowdown. Southwest plans to reduce some flights this year...
GDP Report Shows Economic Growth Slowed in First Quarter
Growth slowed to 1.1% annual rate as resilient consumers faced high inflation and rising interest rates. Source link
Tucker Carlson Speaks Out in Twitter Video Two Days After His Ouster From Fox News
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Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year
The company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the...
Republicans Advance Debt-Ceiling Bill Aiming to Spark Talks With Biden
Party leaders say a final vote could come later Wednesday on legislation making deep spending cuts. Source link
So Many Ways to Communicate at Work, So Many Ways to Misfire
Workplaces have become saturated with ways to talk, often breeding mistakes and misunderstandings. Source link
Tucker Carlson’s Vulgar, Offensive Messages About Colleagues Helped Seal His Fate at Fox News
The prime-time host called a senior executive the c-word in a redacted missive, and the network grew wary of further...
Microsoft Revenue Growth Stays Low as Economic Concerns Hurt Demand
The software giant’s cloud-computing business has decelerated as companies become more cautious. Source link
GM Raises 2023 Profit Outlook, Kills Off Chevy Bolt EV
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3M to Cut 6,000 Jobs in Second Round of Layoffs This Year
The company also reported lower income and sales for the first quarter. Source link
Fox News Ousts Tucker Carlson
Fox took issue with prime-time host’s private remarks that were derogatory toward network employees. Source link
How Bud Light Handled an Uproar Over a Promotion With a Transgender Advocate
Two executives have been put on leave, and sales of the No. 1 U.S. beer have declined in recent weeks....
Apple Wins Appeal in App Store Case Brought by Fortnite Maker Epic Games
A federal appeals court upheld a ruling that mostly sided with Apple on App Store policies. Source link
Supply Chains Have Changed Forever
Nearshoring. Automation. Supplier diversification. Sustainability. Here’s how companies are reshaping their supply chains. Source link
WSJ News Exclusive | J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an...
Bed Bath & Beyond Files for Bankruptcy
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its...
NBCUniversal CEO Jeff Shell to Depart After Company Probe Into Inappropriate Conduct
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