Facebook Parent Meta Announces Layoffs of 11,000 Staff
TechLayoffs are the first broad head-count reduction to occur in the company’s history Source link
Business
Job Postings With Broad Pay Ranges Leave Applicants Guessing in NYC
BusinessSome companies stretch salary ranges to hundreds of thousands of dollars as they comply with New York City’s pay-transparency law...
Ex-MoviePass Executives Are Charged in Securities Fraud Case
The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new...
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Elon Musk Takes Twitter Helm as Social Media Sputters
With his six-month takeover saga behind him, Elon Musk now takes on the work of righting Twitter Inc.’s ship in...
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates
Facebook parent Meta Platforms Inc. META -5.59% posted its second revenue decline in a row, as the social-media giant wrestles...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
Finance Chiefs Switch Jobs, Retire as Companies Face Uncertainties
A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an...
Snap Stock Slumps Premarket as Sales Growth Shrinks, Advertisers Cut Spending
Snap, SNAP -0.64% in an investor letter Thursday, said it is operating on an assumption of no revenue growth this...
Kanye West to Buy Parler, a Libertarian Social-Media Platform, Company Says
Parler says Kanye West has agreed to buy the libertarian-leaning social network popular with conservatives, the rapper’s latest foray into...
Steve Wynn Can’t Be Forced to Register as Foreign Agent, Judge Rules
WASHINGTON—A federal judge dismissed a Justice Department lawsuit seeking to force casino mogul Steve Wynn to register as a lobbyist...
Local Newspapers Try Mail Delivery as Drivers Choose Better-Paying Gigs
The publisher of the Odessa American found it so difficult to find workers to deliver the West Texas newspaper in...
How the Inspire Brands CEO Learned to Care About Company Culture
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive Inc. RIVN -7.64% is recalling nearly all of its vehicles to address a potential problem that could cause...
Supermarket Discounts Are Harder to Find as Food Prices Rise
In U.S. supermarkets, toilet paper and noodles are back in stock, but one prepandemic staple has yet to fully return:...
WSJ News Exclusive | Fast Food Chains Raise Millions to Oppose California Wage Law
The “Save Local Restaurants” coalition said Friday it has raised around $12.7 million to fight the law, known as the...
Amylyx Prices Newly Approved ALS Drug at $12,500 a Month
The drug, called Relyvrio, was approved by the Food and Drug Administration late Thursday after some staff had raised questions...
WSJ News Exclusive | Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion
The second-largest U.S. oil company closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global...
