WSJ News Exclusive | Peloton CEO John Foley to Step Down, Become Executive Chair
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive, cut costs and overhaul its board after a slowdown...
leisure
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...
U.S. Jobs Surged by 467,000 in January as Economy Weathered Omicron
U.S. employers hired at a rapid pace late last year and in January, bolstering the economy in the face of...
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...
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...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
Cruise Lines Betting on Summer Rebound Face Obstacles From Omicron
The cruise industry’s bet on a big summer rebound is looking less certain. Travel agents and industry executives say that...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $68.7 Billion
The deal, if completed, would sharply expand Microsoft’s already sizable videogame operation, adding a stable of popular game franchises including...
Some Starbucks, Chipotle Sites Cut Hours, Limit Seating Over Omicron
Diners are feeling a sense of déjà vu as restaurants are again selling food for takeout only, closing dining-room seating...
People Really Want to Ski. Vail Is Racing to Keep Up.
Vail Resorts MTN 2.12% operates a growing empire of dozens of top ski properties around the world. This season it...
Planet Fitness to Buy Franchisee Sunshine Fitness for $800 Million
A Planet Fitness staffer in Inglewood, Calif., preparing for reopening last year after being closed for the Covid-19 pandemic. Photo:...
After Two Weeks of Flight Cancellations, Airlines Assess What Went Wrong
At JetBlue Airways Corp., executives felt confident coming into the Christmas season. The airline had flown through Thanksgiving week with...
Pricey Chicken Puts Thighs on Restaurant Menus
Short supplies and escalating costs of chicken breasts and wings are leading restaurants to add thighs and other dark poultry...
Travel Startups Say Omicron Disruptions Create Opportunities
Americans are taking their vacations, despite the rise in Covid-19 cases caused by the Omicron variant. But they want greater...
Looking to Rent a Car? Expect Higher Prices, Long Waits and Slim Pickings
Travelers looking to rent cars are encountering higher rates and few choices, if they can find a car at all.The...
Covid-19’s Omicron Variant Starts to Take Toll on Businesses
Covid-19’s accelerating spread has hampered operations and slowed sales at some companies in a matter of days, but many say...
Inside AMC’s Crazy, Bonkers, Upside-Down Year of Apes, Memes and Shorts
A mob rescued the world’s largest movie-theater chain from the edge of bankruptcy. It turned out to be only the...
Gene Lee, CEO of Olive Garden Parent, to Retire
Olive Garden’s parent company Darden Restaurants Inc. DRI -4.96% said that Gene Lee, the chief executive who has led the...
