Accounting Errors to Cost Executives Their Bonuses Under SEC Rule
WASHINGTON—The Securities and Exchange Commission approved a rule Wednesday that requires public companies whose financial statements contain errors to recoup...
personnel
Philips to Cut 4,000 Jobs as Big Recall, Supply Snags Hit Earnings
Royal Philips NV PHG -1.51% said it would cut 4,000 jobs in a bid to turn around its embattled business,...
Finance Chiefs Switch Jobs, Retire as Companies Face Uncertainties
A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an...
The War to Define What Work Looks Like
Employees at General Motors Co. balked at a request to return to the office. At Meta Platforms Inc., META -1.16%...
Union Pacific Profit Rises 13% as Railroads Benefit From Higher Freight Rates
Higher prices and strong demand from customers helped lift profits for major railroad operators in the most recent quarter, though...
Abbott Names New Leadership at Troubled Baby-Formula Plant
Abbott Laboratories has made leadership changes at its major baby-formula manufacturing plant and in its quality organization, following a temporary...
Amazon Workers Reject Union in Vote at Upstate New York Warehouse
Amazon.com Inc. AMZN 2.26% workers in upstate New York voted against unionizing, a setback for labor activists trying to expand...
Economists Now Expect a Recession, Job Losses by Next Year
The U.S. is forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring...
Apple Workers Vote for Union at Oklahoma Store in Second Organizing Win
Apple Inc. AAPL -3.22% retail workers in Oklahoma City voted to unionize, becoming the second group of employees at one...
Biden Rule Would Add More Gig Workers to Company Payrolls
The Biden administration is proposing a new rule that could put more gig workers on company payrolls, scrapping a Trump...
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
The Labor Department said it found Exxon Mobil Corp. XOM -1.01% illegally fired two company scientists over suspicions they shared...
September Jobs Report Shows Payrolls Grew by 263,000, Labor Market Cooled Some
The unemployment rate fell to 3.5% from 3.7% in August, the Labor Department said Friday, matching a half-century low that...
WSJ News Exclusive | Fast Food Chains Raise Millions to Oppose California Wage Law
The “Save Local Restaurants” coalition said Friday it has raised around $12.7 million to fight the law, known as the...
Amylyx Prices Newly Approved ALS Drug at $12,500 a Month
The drug, called Relyvrio, was approved by the Food and Drug Administration late Thursday after some staff had raised questions...
Cerebral Treated a 17-Year-Old Without His Parents’ Consent. They Found Out the Day He Died.
Telehealth startup Cerebral Inc. had software that could verify customer IDs but didn’t use it to check birth dates and...
WSJ News Exclusive | Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion
The second-largest U.S. oil company closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global...
Target to Hire Up to 100,000 Workers for Holiday Shopping Season
With the holiday shopping period on the horizon, Target and other retailers are poised to deal with softened demand, some...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Companies and Nonprofits Expand Efforts to Hire Veterans
Efforts to spur hiring of U.S. military veterans have ramped up in recent years. Many private-sector companies and nonprofits are...
FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall
FedEx Corp. FDX -0.07% said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft...
