Droughts Hurt World’s Largest Economies
Severe droughts across the Northern Hemisphere—stretching from the farms of California to waterways in Europe and China—are further snarling supply...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Amazon Adds Revenue Streams as Holiday Season Approaches
Amazon.com Inc. AMZN -2.86% is adding new revenue streams ahead of the holiday season to help it counter inflationary pressures...
Ford Faces $1.7 Billion Verdict in Fatal Rollover of F-250 Pickup
Ford Motor Co. F -1.67% is facing a potential $1.7 billion in punitive damages after a Georgia jury reached a...
H&M Aims to Reduce Emissions and Grow Sales—All at Once
The fast-fashion giant plans to double revenue and halve its carbon footprint by 2030, but challenges exist. Source link
Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
China’s Videogame Makers Tap Overseas Markets as Home Prospects Dim
Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace.American companies are on pace to reshore, or...
Twitter Warns Staff of Potential Cuts to Employee Bonuses
Twitter Inc. TWTR 0.30% warned staff that the size of bonus payments this year was at risk because of financial...
WSJ News Exclusive | Regal Owner Cineworld Nears Bankruptcy as Theater Comeback Lags
Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild...
Wayfair to Lay Off About 870 Workers
Wayfair Inc. W -18.43% said it would lay off about 870 employees as part of efforts to manage operating costs...
WSJ News Exclusive | Roblox Poaches Seasoned Meta Executive as It Chases Growth in Asia
HONG KONG— Roblox Corp. RBLX -2.19% has poached a Meta Platforms Inc. executive for the newly created role of Asia-Pacific...
Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling
Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond Inc. BBBY -19.63% this week, capping...
Fed’s Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise
Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise...
Wall Street Bets the Fed Is Bluffing in High-Stakes Inflation Game
Wall Street thinks it’s bluffing.This could spell trouble for both of them. Markets pummeled by the Fed’s rate increases in...
U.S. Home-Sales Report for July Comes as Housing Market Cools
The National Association of Realtors’ July report on existing-home sales will cap a week of figures that so far have...
Target’s Profit Sinks as Retailer Unloads Unwanted Inventory
A glut of inventory sank profit at Target Corp. further than it expected, sparking investor concerns about the company’s response...
Fed Officials See Need for Continued Interest-Rate Increases, but Less Certainty Over Destination
Federal Reserve officials agreed at their monetary-policy meeting last month they needed to keep raising interest rates enough to lower...
U.S. Retail Spending Held Steady in July
U.S. consumers continued opening their wallets last month, shifting savings from falling gasoline prices to purchases of everyday goods as...
U.K. Inflation Tops 10%, Underlining Gloomy Outlook for Europe
The U.K.’s annual rate of inflation moved into double digits in July and is set to rise even higher by...
Bed Bath & Beyond Shares Surge Despite Liquidity Concerns
Bed Bath & Beyond Inc. shares soared as much as 70% on Tuesday before retreating to close up 29%, defying...
