WSJ News Exclusive | Baidu Scrambles to Ready China’s First ChatGPT Equivalent Ahead of Launch
Employees working round-the-clock say the AI chatbot, dubbed Ernie Bot, is still in training mode ahead of a planned March...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Executives Lose a Coveted Status Symbol—Their Assistants
A dedicated admin is now a rare perk as companies cut jobs and technology automates many tasks. Source link
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase
EconomyU.S. EconomyFebruary reports on hiring, inflation will guide rate decision, central bank chair says in testimony Source link
Joe Biden’s Budget Proposal for 2024: What to Know
PoliticsPresident’s budget blueprint Thursday will lay out his priorities for government spending, set stage for talks with Republicans Source link
Adidas Slashes Dividend as Problems Mount
A slump in China and a mountain of unsold products are among the challenges facing Adidas after a bruising 2022...
Drug to Prevent Preterm Births to Be Pulled From Market
BusinessHealth CareHealthCovis Pharma, the maker of Makena, is planning the withdrawal after a study failed to confirm the drug works...
NTSB to Probe Norfolk Southern Safety Culture After Derailments, Accidents
BusinessRailroad CEO slated to testify before Senate panel Thursday about Ohio derailment Source link
Justice Department Sues to Block JetBlue From Buying Spirit Airlines
BusinessComplaint alleges the deal would eliminate Spirit as a low-cost competitor to major carriers Source link
As Customer Problems Hit a Record High, More People Seek ‘Revenge’
Americans are encountering more problems with companies’ products and services than ever before, and a higher proportion of them are...
Tyler Perry Expressed Interest in Buying Majority Stake of BET Media Group From Paramount Global
BusinessMedia & MarketingPotential sale of part of parent of BET and VH1 would help Paramount shore up resources for streaming...
JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ Merger
The airlines’ CEOs say combining their operations will ultimately benefit consumers. Source link
EV Startups Brace for Another Tough Year as Cash Dwindles
Young electric-vehicle makers that worried last year about producing enough autos are now concerned about selling them. Source link
Five New Work Perks You’ll See in the Future
Daycare for your parents. Hyper-personalized benefits. Companies competing for employees will cater to different life stages in coming years. Source...
Norfolk Southern’s Second Ohio Derailment Is Investigated
No hazardous materials were aboard a train that derailed near Springfield on Saturday. Source link
Balenciaga Displays Restraint in First Fashion Show Since Child Ad Backlash
Creative designer Demna aims to reset the brand’s image after consumer protests. Source link
Bars, Hotels and Restaurants Become the Economy’s Fastest-Growing Employers
Operators of hotels, bars and restaurants—hit hard as the Covid-19 pandemic took hold—are now among the country’s fastest-growing employers, offsetting...
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
Caterpillar Commits to Not Closing Union Plants Under New Contract
A tentative six-year pact with the United Auto Workers also provides raises and bonuses for about 7,000 workers in Illinois...
Amazon HQ2 Delay Isn’t a Concern, Northern Virginia Officials Say
The company said it is holding off on moving forward with the second phase of its corporate campus in Northern...
Elon Musk’s Latest Reveal? His Tesla Management Team
BusinessAutos & TransportationAutos IndustryBilled as a glimpse into Tesla’s future, Investor Day was used as an opportunity to spotlight leadership...
