Business

WSJ News Exclusive | Facebook Marketplace and DoorDash Team Up for Local Deliveries

HS 13/08/2022

The deal is an attempt to get more people, especially younger ones, to use Meta-owned Facebook, according to a person...

Video: Moderna CEO eyes future with annual vaccine for multiple viruses – CNN Video

HS 11/08/2022

Moderna CEO Stéphane Bancel tells CNN Business his company wants to develop and continuously update a yearly single-dose vaccine that...

SoftBank to Reduce Alibaba Stake, Expects $34 Billion in Gains

HS 11/08/2022

Masayoshi Son is scaling back one of the greatest bets in tech history.The technology investor’s SoftBank Group Corp. said it...

BuzzFeed Expects Recession Fears to Pressure Advertising

HS 10/08/2022

BuzzFeed Inc. posted a wider quarterly loss amid rising costs and expenses, and said it expected recession concerns to keep...

Shale Drillers Warn of Higher Costs as They Report Record Profits

HS 06/08/2022

Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase...

Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility

HS 06/08/2022

Berkshire Hathaway Inc.’s BRK.B -0.29% earnings slid in the second quarter as market turmoil weighed on the company’s massive stock...

California DMV Accuses Tesla of False Advertising

HS 06/08/2022

The California Department of Motor Vehicles accused Tesla Inc. TSLA -6.63% of falsely advertising its vehicles as autonomous. The state...

Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan

HS 05/08/2022

Warner Bros. Discovery Inc. WBD 4.61% is exploring launching a free, ad-supported streaming service, its chief executive said, the latest...

Paramount Revenue Gets Lift From ‘Top Gun’ Sequel, Streaming Service

HS 05/08/2022

Paramount Global PARA 1.08% said its “Top Gun” sequel and its growing streaming business helped boost revenue in the latest...

Is anyone buying couches and beds from Wayfair anymore?

HS 04/08/2022

Shoppers dished out for new sofas, beds and decor, remodeled their kitchens and backyards and invested in their remote work...

Lucid shares plunge as it cuts production target in half

HS 04/08/2022

The company said it is dealing with the serious supply chain problems that have disrupted other automakers' production as well....

Match Splits With Tinder CEO as Earnings Fall Short

HS 03/08/2022

Match Group Inc.’s MTCH 4.32% new chief executive has shaken up the leadership of the company’s Tinder dating platform citing...

Analysis: I’m a boss, and I say we should work less

HS 02/08/2022

Lousy jobs led millions of people to drop out of the workforce altogether, creating the seemingly perpetual labor shortage that...

Activision Blizzard Profit Slumps as Sales Shrink

HS 02/08/2022

The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...

Private jet aviation is soaring across West Africa – CNN Video

HS 01/08/2022

With private travel demand on the rise in Africa, young airlines across Senegal and Nigeria are looking to capitalize. Source...

Black and Hispanic Employees Often Get Stuck at the Lowest Rung of the Workplace

HS 31/07/2022

For all of the effort companies have poured into hiring and advancing people of color, those moves rarely benefit the...

What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’

HS 30/07/2022

Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...

Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy

HS 30/07/2022

About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...

How this tech giant is developing a more digital Africa – CNN Video

HS 29/07/2022

For Ola Williams, Microsoft Country Manager for Nigeria and Ghana, empowering women through tech training is furthering digital infrastructure development...