Tesla to Build New China Plant for Energy-Storage Battery
BusinessThe planned expansion in Shanghai comes as U.S.-China tensions rise Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
‘The Super Mario Bros. Movie’ Has Biggest Opening Weekend of 2023
The animated film racked up $146 million over three days, stomping competition in the U.S. box office. Source link
Don’t Be Surprised When the Boxers Start Belting Out Opera
The Met turns to fighting to draw a broader audience. The bass-baritone drops 60 pounds and perfects his right hook....
WSJ News Exclusive | Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power
Johnson & Johnson’s latest plan to resolve mass cancer lawsuits through bankruptcy could force some cosmetic-talc users and their lawyers...
EPA to Propose Tougher Tailpipe-Emissions Standards
The new rules are aimed at accelerating the transition to electric vehicles. Source link
Why Elon Musk Contends Twitter Can Disrupt the Media Business
BusinessMedia & MarketingSkeptics say he risks alienating a main constituency of the social-media platform Source link
More Workers Take Parental Leave as States, Employers Expand Eligibility
Listen to article(2 minutes)Shawna Freeman Lane, 34, continued to teach college-level business by laptop after she gave birth by C-section...
America Is Back in the Factory Business
Record spending on manufacturing construction heralds a made-in-the-U.S. rebound, stoked by green-energy incentives and concerns about foreign supply chains. Source...
Is Big Tech’s R&D Spending Actually Hurting Innovation in the U.S.?
Big companies are hiring an ever-larger proportion of America’s inventors, who are less productive once they join. Source link
Declines in Loan Values Are Widespread Among Banks
When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors...
WSJ News Exclusive | McDonald’s Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
WSJ News ExclusiveBusinessFast-food chain offered some employees a chance to remain with reduced compensation Source link
March Jobs Report Shows Hiring Gradually Cooling
U.S. hiring slightly cooled in March as employers added 236,000 workers. The unemployment rate fell to 3.5%. Source link
Samsung Forecasts Worst Profit in Over a Decade as Tech Slump Hits Memory Chips
TechSouth Korean firm said it would cut memory-chip production, joining rivals in addressing supply glut Source link
Tesla Nominates Former Tech Chief JB Straubel to Board
TechExecutive helped company become world’s most valuable car maker in his first stint with the firm Source link
Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks....
Do Older Workers Work Harder? Some Bosses Think So
Kip Conforti is hiring for a part-time position at one of two package-shipping stations that he owns in Pennsylvania. He’s...
Disney Names Joe Earley New Head of Disney+ and Hulu
Chief Executive Robert Iger has expressed concern on how much is spent on content. Source link
Cash App Founder Bob Lee Fatally Stabbed in San Francisco
Mr. Lee, 43, built a career as a Silicon Valley executive and angel investor. Source link
FedEx Restructures to Combine Ground and Express Delivery Networks
The company’s push for efficiency is unwinding the operating strategy led by founder Fred Smith. Source link
New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link
