BUSINESS News

Breaking Business News/Latest Business Updates/World Business News Update

WSJ News Exclusive | Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power

HS 09/04/2023

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

HS 08/04/2023

The new rules are aimed at accelerating the transition to electric vehicles. Source link

Why Elon Musk Contends Twitter Can Disrupt the Media Business

HS 08/04/2023

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

HS 08/04/2023

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

HS 08/04/2023

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.?

HS 08/04/2023

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

HS 08/04/2023

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

HS 07/04/2023

WSJ News ExclusiveBusinessFast-food chain offered some employees a chance to remain with reduced compensation Source link

March Jobs Report Shows Hiring Gradually Cooling

HS 07/04/2023

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

HS 07/04/2023

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

HS 07/04/2023

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?

HS 06/04/2023

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

HS 06/04/2023

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

HS 06/04/2023

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

HS 05/04/2023

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

HS 05/04/2023

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

HS 05/04/2023

The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link

WSJ News Exclusive | McKinsey Winding Down Firm’s Bankruptcy Practice

HS 05/04/2023

Consulting firm McKinsey & Co. is winding down its bankruptcy practice after numerous lawsuits and government investigations concerning the division’s work...