Hollywood Is Betting on Fear
Hollywood, once again, is resorting to scare tactics.Producers and studio chiefs say we’re headed into a horror-movie boom, as they...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Vince McMahon Reimburses WWE for Costs Tied to Sexual-Misconduct Probe
BusinessExecutive chair paid $17.4 million, and will incur any additional costs, tied to investigation Source link
Banking Strains, Inflation Threaten Global Economic Rebound
EconomyA strong services sector is supporting activity around the world, but that strength also fuels inflation Source link
WSJ News Exclusive | Most Americans Doubt Their Children Will Be Better Off,
A dim view of the economy underpins pessimism about the future and record-low happiness in U.S. Source link
EY’s U.S. Auditors Are Demanding Concessions in Split
Ernst & Young’s renegade U.S. auditors want the new audit-focused firm to have more of EY’s lucrative tax practice, threatening...
WSJ News Exclusive | Pentagon Probes Why Boeing Staff Worked on Air Force One Planes Without Security Credentials
WSJ News ExclusiveNational SecurityAbout 250 Boeing workers had expired credentials that are needed to work on highly classified presidential jets...
Ford Says It Will Lose $3 Billion on EVs This Year as It Touts Startup Mentality
The auto maker says it wants to give investors more visibility into the performance of its three business units. Source...
China Says It Opposes a Forced Sale of TikTok
Beijing responded for the first time to a Biden administration demand that the short-video app divest itself from its Chinese...
Fed Walks Tightrope Between Inflation and Bank Turmoil—but for How Long?
EconomyCapital AccountCentral bank nods to bank troubles but presses ahead with slightly slower rate increases Source link
Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress
EconomyU.S. EconomyOfficials voted unanimously to increase their benchmark short-term rate by a quarter percentage point Source link
‘Greenwashing’ Targeted in Latest European Regulatory Push
European officials rolled out proposals aimed at forcing companies to back up environmental and sustainability claims they make over consumer...
U.K. Inflation Resumes Its Rise, Defying Expectations
Price increases in February picked up to 10.4% from 10.1% in January as the cost of food rose at the...
TikTok CEO Shou Zi Chew Promises Firewall to Shield User Data
PoliticsIn prepared remarks to Congress, CEO will say that TikTok ‘will not be manipulated by any government’ Source link
Nike Sales Jump as It Works Through Inventory Glut
Profit at the sneaker maker fell 11% as it relied on higher markdowns. Source link
Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress
Logistics ReportThe acquisition at four times Monday’s closing stock price for the rival carrier will boost Knight-Swift’s fleet to about...
SVB-Fueled Turmoil Junks Lessons of the Global Financial Crisis
The Fed and Congress thought smaller banks, deposits and bonds were boring and safe; instead, they are the source of...
Amazon to Cut 9,000 More Jobs After Earlier Layoffs
CEO Andy Jassy cited an ‘uncertain economy’ and more uncertainty in the near future. Source link
Stanley Black & Decker to Close Texas, South Carolina Plants
BusinessTool maker says moves will affect 357 employees; 80 jobs will be added at Tennessee facility Source link
Job Listings Abound, but Many Are Fake
A mystery permeates the job market: You apply for a job and hear nothing, but the ad stays online for...
Fed Raised Concerns About SVB’s Risk Management in 2019
The central bank issued numerous warnings to SVB, suggesting the bank’s problems were on the radar of its primary federal...
