Lamborghini Looks to the Past as It Plans an EV Future
Luxury car makers are looking for ways to build a bridge between the old world of traditional automotive luxury and...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Survival Lessons From Past Tech Downturns
People who have been in the tech industry long enough to remember its previous major downturns have a message for...
Chrysler Parent Stellantis to Stop Operations at Jeep Cherokee Factory
The car maker said it would idle the 1,350-employee assembly plant in February, resulting in “indefinite layoffs.” Source link
Penguin Random House CEO Resigns Weeks After Simon & Schuster Deal Was Blocked
BusinessMedia & MarketingMarkus Dohle had testified a merger between the two publishing giants would benefit consumers and authors, but antitrust...
Workers at GM-LG Battery Plant in Ohio Vote to Unionize
BusinessAutos & TransportationAutos IndustryResult a win for UAW, which plans campaigns at slew of U.S. battery factories slated to open...
Costco Sales Growth Cools as Consumers Shift Discretionary Spending
The warehouse retailer posts a year-over-year increase in membership fees. Source link
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Exxon Holds Firm on Its Five-Year Spending Outlook
The oil company is resisting the Biden administration’s call for more investment to expand production and curb pump prices. Source...
Prices on Lithium Deals Start to Move With the Times
Fixed-price contracts are falling out of favor for the mineral as producers and consumers embrace deals that more readily reflect...
Theranos Ex-Operating Chief Sunny Balwani Sentenced to Nearly 13 Years in Prison
BusinessElizabeth Holmes, founder of startup, was sentenced last month for her role in elaborate fraud scheme Source link
TikTok Is Sued by State of Indiana, Accused of Targeting Young Teens With Adult Content
TechSuits come as states push back against the platform, citing worries over its influence on children and security concerns related...
EU Sues China in WTO Over Trade Retaliation on Lithuania
WorldEuropeChina’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan Source link
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
U.S. Opens First Auctions for California Offshore Wind Rights
BusinessProjects, which would bring floating wind turbines to West Coast, face challenges due to deep waters off California’s coast Source...
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
MarketsDealsNRG will look to cross-sell and bundle the two companies’ energy and home-security products Source link
Google Faces Pressure in Hong Kong Over Search Results for National Anthem
TechOfficials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song...
Antony Blinken Kicks Off WSJ CEO Council
Blinken will discuss what 2023 may hold for the global economy and geopolitical backdrop. White House Chief of Staff Ron...
WSJ News Exclusive | PepsiCo to Lay Off Hundreds of Workers in Headquarters Roles
WSJ News ExclusiveBusinessSnacks and beverages giant tells staff it is trimming roles in North America Source link
Railroads Focus on Stabilizing Workforce After Strike Is Averted
BusinessFederal regulator and businesses criticize service disruptions; Norfolk Southern rethinks furloughs Source link
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
