FTC Plans to Seek a Restraining Order to Stop Microsoft From Closing Activision Deal
A judge would need to agree to issue the time-limited order; there is no guarantee when or if the agency...
Corporate Strategy/Planning
Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its...
VW’s New CEO Expected to Replace Management of Ailing Software Unit
In his first major restructuring move since becoming chief last year, Oliver Blume is expected to oust Cariad’s leadership after...
Google Plans to Make Search More ‘Personal’ with AI Chat and Video Clips
The changes aim to respond to big shifts in the way people access information on the internet, including the emergence...
Gap to Conduct Layoffs, Cutting 1,800 Corporate Jobs
The cuts, which are expected to result in $300 million in annualized savings, are happening mainly at the retailer’s San...
3M to Cut 6,000 Jobs in Second Round of Layoffs This Year
The company also reported lower income and sales for the first quarter. Source link
WSJ News Exclusive | J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an...
WSJ News Exclusive | McDonald’s Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
WSJ News ExclusiveBusinessFast-food chain offered some employees a chance to remain with reduced compensation Source link
FedEx Restructures to Combine Ground and Express Delivery Networks
The company’s push for efficiency is unwinding the operating strategy led by founder Fred Smith. Source link
WSJ News Exclusive | McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices
The fast-food company is expected to notify workers of their job status virtually. The layoffs are part of a broader...
WSJ News Exclusive | Disney Lays Off More Than 300 Streaming-Focused Employees in China
The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source...
Facebook Parent Meta Plans 10,000 Job Cuts in New Round of Layoffs
TechCEO Mark Zuckerberg, in email to employees, talks about the advantages of a leaner organization Source link
WSJ News Exclusive | Chick-fil-A Wants to Serve Its Chicken Sandwiches in Asia and Europe
The fast-food restaurant chain plans a $1 billion international expansion, with locations in five international markets by 2030. Source link
Wendy’s Targets Sales Growth Amid Restructuring
BusinessEarningsFor 2023, fast-food company expects global systemwide sales to grow 6% to 8% Source link
Facebook Parent Launching ‘Meta Verified’ Subscription Service
Meta Platforms plans to test “Meta Verified,” starting at $11.99 a month, in Australia and New Zealand. Source link
AMC Networks Earnings Top Views as Company Slashes Costs
Kristin Dolan, the spouse of interim Executive Chairman James Dolan, is set to take over as CEO of the company...
WSJ News Exclusive | Ryan Cohen Takes Stake in Nordstrom
The activist investor plans to urge Nordstrom to refresh its board and replace the former CEO of Bed Bath &...
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
WSJ News Exclusive | GM, LG Scrap Plans to Partner on Fourth U.S. Battery Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved...
Microsoft Plans to Announce Layoffs as Early as Wednesday Morning
The software giant would join other tech companies that since the start of the new year have trimmed their ranks....
