Europe’s Mild Winter Cushions Economic Blow of Ukraine War
Russia’s economic war with the West looks set to claim a much smaller toll on Europe than the brutal recession...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Tesla Cuts Prices Across Models Sold in U.S.
The price adjustments could allow some buyers to qualify for a $7,500 U.S. electric-vehicle tax credit Source link
Apple CEO Tim Cook to Take a 40% Pay Cut This Year
BusinessThe iPhone maker said in a filing that Mr. Cook recommended the reduction Source link
WSJ News Exclusive | Beyond Meat’s Chief Brand Officer Beth Moskowitz Leaves Company
Beth Moskowitz departs the plant-based meat alternative pioneer as the company seeks to turn its business around. Source link
Amazon Appeal to Union Victory in New York Rejected
BusinessCompany says union used inappropriate methods to sway voters Source link
Nelson Peltz Plans Proxy Fight Against Disney
MarketsTrian Fund Management wants Disney to plan for Robert Iger’s successor and wants a seat on the board Source link
U.S. Flight Disruptions Mount After FAA Grounding Order Ends
Updated Jan. 11, 2023 7:56 pm ETListen to article(2 minutes)An outage with a federal pilot-alert system cascaded into a nationwide...
FTX Says It Has Located More Than $5 Billion in Cash, Liquid Assets
Bankrupt cryptocurrency exchange FTX said it has located more than $5 billion in cash and other liquid assets and is...
U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry
Treasury officials are in Europe this week discussing price caps that go into effect next month. Source link
Boeing Boosts Annual Orders and Deliveries, but Still Lags Behind Airbus
The closely followed race comes after decades of Boeing’s almost-uninterrupted dominance of the commercial aircraft market. Source link
WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup
The departures of executives, including Rivian’s supply-chain head, have come amid the company missing 2022 production targets. Source link
Coke, PepsiCo Are Target of Probe by Federal Trade Commission
The agency is investigating potential price discrimination in the U.S. beverage market. Source link
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
GOP House Takes First Swipe at IRS Money
PoliticsFirst legislation from new Republican majority would rescind billions in funding for tax agency Source link
Lululemon Shares Tumble on Profit Warning for Holiday Quarter
The athletic-gear maker’s earnings targets came in below Wall Street’s expectations. Source link
Deere to Allow Farmers to Repair Their Own Equipment
BusinessAgreement aims to ensure farmers, independent repair shops can fix increasingly high-tech tractors Source link
Tech Industry Reversal Intensifies With New Rounds of Layoffs
TechCompanies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly Source link
Economy Week Ahead: Consumer Inflation in Focus
EconomyEconomy Week AheadU.S. and Chinese governments to report latest price trends Source link
Public Transit Goes Off the Rails With Fewer Riders, Dwindling Cash, Rising Crime
By Jimmy Vielkind Jan. 8, 2023 1:08 pm ETListen to article(2 minutes)Several of the nation’s largest urban mass-transit systems are...
Elon Musk Seeks to Move Trial Over Tesla Tweets, Saying San Francisco Jurors Are Biased
TechBillionaire says negative local publicity surrounding his management of Twitter will prevent a fair trial Source link
