Worker Absences From Covid-19 Hold Back Companies’ Growth
While pressures may be easing in some aspects for large companies, indicating a diminishing effect from the Omicron variant going...
Corporate/Industrial News
Delta Seeks to Put Unruly Passengers on ‘No-Fly’ List
Delta has been pushing for heightened reporting, investigation and prosecution of those who interfere with onboard safety. Photo: Michael Dwyer/Associated...
White House Sees Hearing Aids as Chance to Lower Prices Through More Competition
Getting a pair of hearing aids can cost up to $5,000. The White House says they should be as little...
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...
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...
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...
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...
Sony to Buy Videogame Maker Bungie in $3.6 Billion Deal
Sony Group Corp.’s SONY 4.51% videogame unit said Monday that it is buying videogame developer Bungie Inc., the studio that...
