Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
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OPEC+ Keeps Oil Curbs Despite Russia Price Cap
WorldGroup led by Saudi Arabia and Russia also faces slowing demand in China Source link
Economy Week Ahead: U.S. Trade and Supplier Prices in Focus
EconomyEconomy Week AheadProducer-price report could show if inflationary pressures further eased Source link
Why You Can’t Find Wegovy, the Weight-Loss Drug
BusinessHealth CareHealthNovo Nordisk underestimated demand for drug that went viral on TikTok and YouTube Source link
Robert Iger’s Return Opens Door for Florida Lawmakers to Consider Restoring Disney’s Tax Privileges
A Florida lawmaker said Robert Iger’s return as Disney CEO has boosted the prospects that the state could work out...
FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda
MarketsCurrenciesCryptocurrencyEntrepreneur says he had little insight into workings of trading firm even though he owned 90% of it Source link
From CNN to Paramount, Perfect Storm in Media Propels Layoffs
BusinessMedia & MarketingEntertainment and publishing firms look to cut costs amid streaming losses and ad slowdown Source link
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country...
Amazon’s Quest for the ‘Holy Grail’ of Robotics
Automating some warehouse functions could let the giant do more with its existing workforce—or the retailer may not require all...
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
WSJ News Exclusive | Chinese Solar Manufacturers Dodged U.S. Tariffs, Probe Finds
Updated Dec. 2, 2022 6:50 am ETListen to article(2 minutes)WASHINGTON—Four leading Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some...
Tesla Delivers Semi Trucks to PepsiCo, Expanding Beyond Passenger Vehicles
Elon Musk introduced the semitrailer truck five years ago and it was initially due out in 2019. Source link
Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
BusinessRecent wave of job cuts marks departure from previous downturns when blue-collar workers were shed first Source link
Salesforce Isn’t on Cloud Nine
Marc Benioff, the co-founder and longtime chief of Salesforce, is bidding farewell to the second person with whom he has...
Elon Musk Says Neuralink Should Be Ready for Human Testing in Six Months
The neuroscience startup also showcased “telepathic typing” in a monkey with a brain implant along with other capabilities in a...
Third-Quarter U.S. Growth Was Stronger Than Previously Thought
Job openings in October remained high and far exceeded the number of people seeking work. Source link
CNN Layoffs Are Under Way
‘It will be a difficult time for everyone,’ Chris Licht, chief executive at the cable network, wrote in a memo...
BlockFi Says It Is Different From FTX, Affirms Efforts to Return Customer Funds
BlockFi Inc. told a U.S. bankruptcy court on Tuesday it was blindsided by cryptocurrency exchange FTX’s rapid demise and would work to repay creditors...
Kroger, Albertsons CEOs Defend Grocery Merger at Senate Hearing
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers....
Cruise Deals Surface Early With More Travelers Ready to Set Sail
Life & WorkTravelPeople are less hesitant vacationing at sea, so sales are popping up months earlier than usual. But discounts...
