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...
Financial Performance
FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft, which the agency is appealing, marks another setback in her fight to block...
Is Work From Home to Blame for Senior Housing’s Muted Recovery?
Markets with high levels of remote work tend to have lower senior-housing occupancy rates. Source link
Shein Takes on Amazon in the Business of Selling Everything
Updated July 8, 2023 12:02 am ETListen to article(2 minutes)In just a few years, Shein has rapidly expanded from a...
Auto Sales Defy Gloomy Forecasts
The U.S. auto industry is expected to have notched a 12%-to-14% rise in new vehicle sales for the first half...
Rivian Shares Climb After EV Deliveries Outpace Estimates
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Tesla Deliveries to Show Whether Price Cuts Are Paying Off
The electric-car maker is expected to release second-quarter global deliveries amid stiffening EV competition. Source link
General Mills Posts Underwhelming Sales as Retailers Tighten Inventories
The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices. Source link
Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
WSJ News Exclusive | Janet Yellen Sees Bank Earnings Pressure, Mergers After March Crisis
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SoftBank’s Masayoshi Son Had His Cry. Now He’s in Love Again—With ChatGPT.
The CEO said he is devoting himself to artificial intelligence and new inventions after what he described as a tear-filled...
At 3M, Lawsuits Threaten to Transform the Company
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Airbus Sells 500 Jets to India’s IndiGo in Record Aircraft Deal
The $50 billion agreement, at list prices, opens the Paris Air Show as air travel surges. Source link
Stitch Fix Taps Former Macy’s, Walmart Exec as CEO
Matt Baer will lead the fashion company as it cuts costs, alters operations. Source link
Shell Launches New Strategy Courting Investors, Not Activists
The energy major said it would share billions more from its record profits with investors while deepening its commitment to...
Bud Light Loses Title as Top-Selling U.S. Beer
Modelo Especial overtook the brand as the top-selling U.S. beer in May, punctuating a monthslong boycott of Bud Light that...
GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer. Source link
Retailers Are Shrinking Logistics Operations in a Changing Consumer Market
Some companies are dropping distribution centers as warehouse employment reaches a 17-month low. Source link
Kia, Hyundai Thefts Continue Three Months After Carmakers Deployed Fix
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