Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced
Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Airbus Sells 500 Jets to India’s IndiGo in Record Aircraft Deal
The $50 billion agreement, at list prices, opens the Paris Air Show as air travel surges. Source link
D.C. Air War: Senators Fight Over Flights to Reagan National Airport
A debate in Congress over adding more flights, including long-distance routes, at Reagan National Airport has divided the airline industry...
These Businesses Are Getting Hit Hard by China’s Faltering Economic Recovery
The government in Beijing has pushed banks to extend loans to small businesses, with limited success. Source link
Are You a Late Bloomer in Work or Love? Maybe You’re Right on Time.
Why you should challenge that secret timeline of milestones in your head. Source link
‘Elemental’ Struggles on Opening Weekend; ‘The Flash’ Also Flat
Pixar’s latest animated film has one of the weakest domestic debuts in the studio’s history. Source link
Talk of a U.S. TikTok Ban Is Shaking Up the Creator Economy
Influencers and others who make money on TikTok are looking to hedge their bets by diversifying their content across other...
Lots of Hiring, but Not So Much Working
Companies are resisting layoffs even as economic weakness looms. Source link
Why Duolingo Has Replaced Many TV Ads With Free TikTok Posts
Journal Reports: LeadershipInfluencers Don’t Have to Be Human to Be BelievableBy Lisa WardJune 17, 2023 at 9:30 AM ETVirtual social-media...
Farmers Worry $8.2 Billion Agriculture Deal Will Diminish Competition
Consumer advocates are saying that Bunge’s $8.2 billion agreement to buy Viterra could drive up prices, while Bunge says the...
Global Tax Mess Awaits U.S. Companies, and Congress Isn’t Helping
The consequences of an international minimum-tax agreement are about to be felt. Source link
Mark Zuckerberg Was Early in AI. Now Meta Is Trying to Catch Up.
The CEO considers artificial intelligence critical to long-term growth and is taking more control over efforts. Many Meta AI researchers...
These Pandemic-Era Habits Just Won’t Die
From how we shop and work to how we connect with others, the pandemic greatly accelerated our adoption of some...
Biden Team Takes Aim at TikTok With Commerce Department Move
The administration likely would need legislation from Congress to further strengthen its position against foreign-based apps that could threaten the...
Teamsters Vote to Authorize UPS Strike as Contract Talks Continue
United Parcel Service workers represented by the International Brotherhood of Teamsters voted to authorize a strike if contract negotiations fail...
Price Relief Coming at the Drive-Through
Fast-food restaurants are about to get a break, except for one big category. Source link
Disney Finance Chief Clashed With Top Executives Before Stepping Down
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Ticketmaster, SeatGeek to Show Full Ticket Prices Up Front as Biden Targets ‘Junk Fees’
Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying...
European Central Bank Raises Rates, Signals More Hikes to Come
The European Central Bank raised its key interest rate by a quarter percentage point, pressing ahead with its campaign against...
Fed Holds Rates Steady but Expects More Increases
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
