GE Warns Supply-Chain Issues to Pressure Profits, Cash Flow
General Electric Co. warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first...
personnel
Walmart Drops Its Mask Rules for Vaccinated Workers
Walmart previously required all U.S. staff to wear masks and requested shoppers wear masks in some areas. Photo: EDUARDO MUNOZ/REUTERS...
Goodyear Shares Drop as Higher Costs Raise Concerns
Goodyear Tire & Rubber Co. GT -27.44% lost more than a quarter of its market value Friday after the tire...
Tesla Sued by California Agency for Alleged Racial Discrimination, Harassment
A California regulatory agency has sued Tesla Inc. for alleged racial discrimination and harassment, saying the electric-vehicle maker turned a...
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...
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...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
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...
Rio Tinto Says Racism and Sexual Harassment Are Widespread at Miner
SYDNEY—When one Rio Tinto PLC worker reported she had been sexually harassed by a colleague, a manager told her it...
Teachers Are Quitting, and Companies Are Hot to Hire Them
Burned out teachers are leaving the classroom for jobs in the private sector, where talent-hungry companies are hiring them—and often...
Fed Interest-Rate Decision Tees Up March Increase
The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to...
Kroger Workers Approve New Contract After Nine-Day Strike
More than 8,000 workers at Kroger Co. KR -3.12% ’s King Soopers grocery stores ratified a new three-year contract following...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
Software Provider Globalization Partners Gets Vista Equity Backing at $4.2 Billion Valuation
Globalization Partners, a software provider that helps businesses streamline the process of hiring employees internationally, has landed new backing from...
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...
As Employers Scramble to Fill Jobs, Workers Relish a Feeling of Power
Raises, signing bonuses, more flexibility. Amid a historically tight labor market, more workers are feeling their power—and flexing it. The...
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...
Grocery Stores Cut Hours, Services as Omicron Infects Workers
Some U.S. supermarkets are reducing hours and cutting services as Covid-19’s Omicron variant infects cashiers, baggers and stockers, deepening grocery...
Amazon Warehouse Workers in Alabama to Hold Second Union Vote
The National Labor Relations Board said the new election will be held by mail, with ballots being mailed to employees...
