WSJ News Exclusive | PepsiCo, Grocery Giant Bicker Over Who Dumped Whom
Updated Jan. 9, 2024 12:00 am ETA breakup over grocery prices got messier Monday when PepsiCo said that it, not...
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Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business?
Updated Dec. 12, 2023 12:22 pm ETA potential buyout of Macy’s by an investor group revives an old theory: that...
Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade
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A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its...
OpenAI Launches Business Version of ChatGPT That Competes With Microsoft
The new product puts the startup in direct competition with Microsoft, its largest backer and partner. Source link
China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,...
EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at...
WeWork Raises Doubt About Its Survival
WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and...
High Rates, Low Supply Hinder Home Buying This Summer
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to...
Meta, Microsoft Team Up to Offer New AI Software for Businesses
The Meta AI model, dubbed Llama 2, will be free and available to developers building software on Microsoft’s Azure cloud-computing...
Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
Disney’s Orlando Campus Cancellation a Blow to Neighboring Projects
Adjoining commercial and residential developments were banking on the relocation of 2,000 Walt Disney employees to Florida. Source link
Slow Return to Work Pummels Office Stocks
Vacancies are climbing and rents are sinking amid a stalled return-to-office rate. Source link
WSJ News Exclusive | Financier Rajeev Misra Is All Over WeWork Deal
The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly...
America’s Factory Boom Drives Sales Surge for Excavators, Steel and Trucks
Construction of semiconductor and battery factories helps Caterpillar, Nucor and other manufacturers plow past economic uncertainty and rising interest rates....
DOJ Settles Antitrust Case, Clearing Way for Assa Abloy Deal
The Swedish lockmaker has agreed to sell some of its brands to another company. Source link
The Glory Days of the American Mall
In the 1980s, malls weren’t just planters and parking lots but a way of life. Source link
China’s Housing Market Has Plenty of Space but Not Enough Buyers
Around a third of all newly completed apartments in the country went unsold in 2022. Source link
The Technology Skills Every Employee Should Have Today
Journal Reports: TechnologyWhat Is a Digital Twin? And How Can It Make Companies—and Cities—More Efficient?By Jackie SnowMarch 17, 2023 at...
