Chanel Tests Purse Lovers With $3,000 Price Hikes
Chanel SA’s small Classic Flap bag was always a luxury item, but after three price hikes last year, it is...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Where Is There More Lithium to Power Cars and Phones? Beneath a California Lake.
CALIPATRIA, Calif.—In the U.S. hunt for lithium, an essential component of the batteries that power electric vehicles and cellphones, one...
Cyberattack on News Corp, Believed Linked to China, Targeted Emails of Journalists, Others
News Corp was the target of a hack that accessed emails and documents of journalists and other employees, an incursion...
NASA, SpaceX Scrutinize Parachute System On Spacecraft
A parachute on a SpaceX cargo vehicle didn’t open as quickly as expected as the spacecraft descended from orbit last...
U.S. Jobs Surged by 467,000 in January as Economy Weathered Omicron
U.S. employers hired at a rapid pace late last year and in January, bolstering the economy in the face of...
Strong Jobs Report Points to Likely Fed Rate Rises in March and May
A steady gain in hiring last month keeps the Federal Reserve on track to lift interest rates next month and...
Chris Cuomo’s Legal Team Raised Questions to CNN About Jeff Zucker’s Relationship
CNN President Jeff Zucker appeared to close a messy chapter in the cable news network’s history in December when he...
Southwest to Bring Alcohol Back on Flights, Citing Customer Demand
Southwest Airlines Co. LUV -1.92% is bringing back in-flight alcohol sales after holding off for months to tamp down on...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
Raskin Faces Senate Questions Over Views on Climate Change, Regulations
Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, defended her views on using financial regulation...
CNN President Jeff Zucker Resigns, Citing Relationship With Colleague
CNN President Jeff Zucker resigned from the TV news organization, citing his failure to disclose a consensual relationship with a...
Sarah Bloom Raskin Faces Senate Questions Over Climate Views
WASHINGTON— Sarah Bloom Raskin, President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing...
Facebook’s Shares Plunge After Profit Decline
Facebook parent Meta Platforms Inc. posted rising revenues but a modest decline in profit as it increased spending to execute...
Coke Goes Big on Olympics Sponsorship in China. At Home, Not So Much.
Coca-Cola Co. has been an Olympics supporter for nearly a century. It counts China as its third-largest market after the...
Starbucks Sales Rise as Cost Pressures Increase at the Coffee Chain
Starbucks Corp. SBUX 0.45% said rising costs of supplies and wages will continue to weigh on the coffee giant’s profit...
GM Earnings Rose Sharply in 2021
General Motors Co. GM 2.54% said it plans to accelerate the timetable for some electric-vehicle launches and will establish a...
Google Parent Caps Blockbuster Year With Sales Gains
Google parent Alphabet Inc. GOOG 1.61% posted another quarter of strong sales growth, capping a year when profit nearly doubled...
Elevated Job Openings Show Early Sign of a Pullback
Employers pulled back on demand for workers last month amid signs the economy was starting to cool as the Omicron...
Rio Tinto Says Racism and Sexual Harassment Are Widespread at Miner
SYDNEY—When one Rio Tinto PLC worker reported she had been sexually harassed by a colleague, a manager told her it...
Teachers Are Quitting, and Companies Are Hot to Hire Them
Burned out teachers are leaving the classroom for jobs in the private sector, where talent-hungry companies are hiring them—and often...
