Covid Is Making Many Offices Obsolete. Here’s What Happens to Them Next.
Allstate Corp.’s suburban campus outside Chicago, with its interconnected buildings, manicured grounds and acres of parking, represented a new vision...
Real estate
After Covid Closures, a New Quest to Make Offices Less Awful
The office is back open. The new challenge is convincing more people to use it.Companies that reopened spaces on a...
China Moves to Boost Slowing Economy
HONG KONG—China’s central bank said it would reduce the amount of money banks are required to set aside as it...
Inflation Pressure Hits New Warehouse Leases
Rental rates to replace expiring multiyear warehouse leases are rising at a sharp pace, according to a new report, as...
Stores Like Home Depot and Best Buy Bolster Security After ‘Flash Mob’ Robberies
Retailers and law enforcement around the country are ramping up security to combat a wave of thefts by criminal groups...
Chinese Property Developer Kaisa Proposes $400 Million Debt Swap
Kaisa Group Holdings Ltd., which in 2015 became one of the first Chinese developers to default abroad, warned it risked...
Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment
WASHINGTON—President Biden says he wants to save the planet and save union jobs. The electric-vehicle tax credit in his social...
China Evergrande Scrapes Together More Cash From Tech Company Stake Sale
SINGAPORE— China Evergrande Group raised around $145 million in recent days by selling a chunk of its shares in a...
Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise
Americans are cutting back on steak as rising grocery prices squeeze spending. Supermarkets say shoppers are buying more store-brand meat...
Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.
Uncertainty in the global supply chain is driving executives to seek operations away from cheaper countries to locales affording greater...
WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the...
Zillow Gets Outplayed at Its Own Game
Zillow, it seems, has over-flipped. The company that has prided itself on its technology to outsource a lot of human...
China Evergrande Spillover Risks Can Be Controlled, Central Bank Says
China’s central bank sought to ease concern about potential contagion from China Evergrande Group’s EGRNF 0.41% debt crisis, saying the...
TSMC to Build Chip Factory in Japan as It Faces Surging Demand
The Japan factory is the most recent expansion plan for TSMC, the world’s largest contract chip maker, as it faces...
U.S. Home Sales Rose 2% in July Amid Higher Inventory
The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than...
A 5-story building in Shanghai ‘walks’ to new location | CNN
CNN — Shanghai residents passing through the city’s eastern Huangpu district in October might have stumbled upon an unusual sight:...
