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...
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Breaking Business News/Latest Business Updates/World Business News Update
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...
Digital Dollar Could Coexist With Stablecoins, Fed Vice Chairwoman Says
WASHINGTON—A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of...
Dollar Stores Earnings Show Strength in Face of Inflation
Listen to article(1 minute)Discount retailers Dollar General and Dollar Tree reported earnings that beat Wall Street’s subdued expectations, sending both...
Boeing Starliner Returns to Earth After Flight to International Space Station
A Boeing Co. BA 2.23% spacecraft landed in the desert on Wednesday after undocking from the International Space Station, marking...
Fed Minutes Show Urgency for Raising Rates to Tame High Inflation
Minutes from the Fed’s May 3-4 meeting, released Wednesday, also showed officials discussed the possibility they would raise interest rates...
China’s Covid-19 Lockdowns Hurt Sales of Starbucks Coffee, Adidas Sneakers
China’s strict Covid-19 lockdowns are hurting consumer spending for everything from coffee to sneakers and hotels, weighing on multinationals with...
Wendy’s Largest Shareholder Trian Explores Burger-Chain Deal
Trian Fund Management LP, Wendy’s Co. WEN -2.34% ’s largest shareholder, said it is exploring an acquisition or another potential...
Lyft to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown
President John Zimmer announced the measures to staff Tuesday. Source link
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 2.01% PLC said Tuesday it would pay at least $1.2 billion and two business units would plead guilty...
