China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
Consumer Goods
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China...
Viet Dinh to Leave as Fox’s Chief Legal Officer
The architect of the company’s ill-fated strategy in a defamation battle that resulted in a record $787.5 million settlement is...
Diamonds Are on Sale. They Won’t Be Forever.
A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link
WSJ News Exclusive | Amazon Cuts Dozens of House Brands as It Battles Costs, Regulators
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as...
Tyson Foods Expands Chicken Plant Closures
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The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made...
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans....
Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light....
China-Founded Rivals Ramp Up War for American Shoppers
Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers...
Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
The Horrible Performance Review That Set Him on the Road to CEO
John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But...
Why America’s Largest Tool Company Couldn’t Make a Wrench in America
A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The...
Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds
Speakers the size of an asterisk have the potential to change the way we reproduce sound, cope with hearing loss—and...
FTC Pauses Effort to Block Microsoft-Activision Deal
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Microsoft and Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
Microsoft and Activision Blizzard Still Committed to $75 Billion Merger
The companies plan to continue work to resolve lingering regulatory issues. Source link
Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source...
Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
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