Unilever to Add Activist Investor Nelson Peltz to Board
Unilever UL 9.94% PLC said it would add Nelson Peltz to its board and disclosed his fund now holds a...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal
The Granny Smith gold mine in Australia, operated by Gold Fields, which has been working to diversify its operations outside...
‘Top Gun: Maverick’ Grabs Memorial Day Weekend Box-Office Record
In an entertainment industry still trying to take off, “Top Gun: Maverick” provided some much-needed speed.The long-awaited sequel to the...
Biden to Meet With Fed’s Powell to Discuss Economy
WASHINGTON—President Biden will meet with Federal Reserve Chairman Jerome Powell on Tuesday to discuss the state of the U.S. and...
Fed Official Supports Raising Interest Rates at Fast Clip ‘for Several Meetings’
A Federal Reserve official said Monday he would support raising interest rates in half-percentage-point increments for several more meetings, adding...
China’s Slowdown Poses Credibility Test for Economic Data
SINGAPORE—A severe slowdown for China’s economy during a year of acute political sensitivity for Chinese leader Xi Jinping is testing...
Dogs or Cats: Which Animal Is More Effective in Ads?
For pet lovers, there’s nothing like an adorable dog or cat picture or video. But can advertisers take advantage of...
Treasury Releases Pandemic Funding for Small Businesses as They Face New Risks
A federal pandemic aid program aimed at boosting small businesses’ access to capital is getting off the ground more than...
Silicon Valley Investors Give Startups Survival Advice for Downturn
After years of funneling cash into startups’ grand ambitions, Silicon Valley investors are engaging in the grim ritual of delivering...
Robots Pick Up More Work at Busy Factories
Robots are turning up on more factory floors and assembly lines as companies struggle to hire enough workers to fill...
Bottleneck Fuels Record-High Gas Prices
A shortage of fuel-making facilities is pushing U.S. gasoline and diesel prices to record levels, just as drivers prepare for...
The Song of the Summer Could Be Harry Styles, Jack Harlow, or Even Something From 2020
This year’s Memorial Day weekend soundtrack might be dated.Radio DJs and music tastemakers are placing bets on which new hot...
With Elon Musk’s Twitter Bid in Flux, Some Tesla Fans Say Enough Already
The electric-vehicle maker has lost roughly 30% of its value since April 1, as the will-he-or-won’t-he drama around Mr. Musk’s...
Shoppers Are Fretting. Stores Are Listening.
Walmart WMT 1.97% is stocking more half gallons of milk for shoppers who can’t afford a full gallon. Procter &...
The Tech Crash Could Be a Talent Bonanza for Big Tech
Apple, Amazon, AMZN 3.66% Microsoft, Google and Facebook FB 1.83% parent Meta Platforms have spent years battling for engineers and...
Flight Cancellations Pile Up Heading Into Memorial Day Weekend
U.S. airlines canceled hundreds of flights as a combination of severe weather and staffing challenges disrupted the start of Memorial...
Big Lots, Hibbett Become Latest Retailers to Show Inflation Pain
Big-box chain Big Lots Inc. BIG -11.15% and sporting-goods retailer Hibbett Inc. HIBB 1.96% both posted double-digit sales declines Friday,...
Household Spending Rose in April
A closely watch U.S. inflation reading eased in April for the first time this year while consumers boosted spending by...
Old Navy to Scale Back Its Inclusive Sizing Strategy
Old Navy is scaling back an attempt to make women’s clothes more inclusive for all body types, after demand for...
Microsoft Slows Some Hiring Amid Economic Uncertainty
Microsoft said it would be slowing down some of its hiring, making it the latest tech giant to become more...
