Penguin Random House Blocked From Acquiring Rival Publisher Simon & Schuster
A federal judge ruled in favor of the Justice Department’s antitrust challenge to the planned $2 billion merger. Source link
SYND
The Fed’s Problem With the Job Market
Federal Reserve officials worry that rising wages will lock the economy into a high-inflation regime. But how great is the...
Merck Is Coming for Pfizer’s Pneumonia Vaccine Market Share
HealthRivals’ interest in the $7 billion market shows the drug industry’s renewed focus on vaccines Source link
Twitter Is Drafting Broad Job Cuts in Whirlwind First Weekend Under Elon Musk
Twitter Inc. drafted plans for broad layoffs as part of a whirlwind several days in which new boss Elon Musk...
Taylor Swift’s ‘Midnights’ Breaks Album Sales Records in First Week
ArtsMusicThe artist’s new record sold 1.58 million copies, including 575,000 vinyl LPs, and marks the third-largest streaming week for a...
U.N., Turkey Race to Save Ukraine Grain Deal
ISTANBUL—The United Nations and Turkey on Sunday scrambled to rescue an agreement that allowed Ukraine to ship grain via the...
JPMorgan, Macy’s and Other Companies Reveal What They Pay Workers as Deadline Looms
New York City employers are starting to comply with a new salary transparency law taking effect this week that will...
Elon Musk Takes Twitter Helm as Social Media Sputters
With his six-month takeover saga behind him, Elon Musk now takes on the work of righting Twitter Inc.’s ship in...
Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week
Pfizer Inc., PFE 3.69% Uber UBER -1.15% Technologies Inc. and Starbucks Corp. SBUX 2.13% are among the heavyweights headlining another...
Why the Future of the Computer Is Everywhere, All the Time
Imagine this scenario in the not-too-distant future. You’re awakened at 6:11 a.m. by the gentle sounds of tinkling bells and...
Economic Pressures Weigh on Voters in Final Midterms Campaign Stretch
Sean Belveal, a 44-year-old assistant high-school principal in suburban Cleveland who voted for President Biden, thinks his middle-class family shouldn’t...
Exxon Hits Record Profits Again as Oil Industry Sees Banner Quarter
The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp....
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Consumer Spending Rose in September as Prices for Rent, Transportation Increased
Americans stepped up their spending and slowed their saving in September as they faced higher prices, especially for services such...
Elon Musk Twitter Deal Completed, CEO and CFO Immediately Fired
Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the...
Amazon Shares Skid After It Gives Weak Outlook Amid Recession Fears
With demand slowing, Amazon has been subleasing millions of square feet of excess warehouse space. Photo: Sebastian Hidalgo for The...
Comcast Takes $8.6 Billion Write-Down on Sky, Reports Revenue Dip
Comcast Corp. CMCSA 5.51% took an $8.6 billion write-down on its Sky pay-TV operations and posted a dip in third-quarter...
Shell, Awash With Cash, to Boost Dividend, Share Buybacks
LONDON— Shell SHEL 0.95% PLC said it plans to boost its dividend and buy back another $4 billion of its...
Skechers Says Kanye West Escorted From Office After Showing Up Uninvited
BusinessFootwear company says it ‘is not considering and has no intention of working with West’ Source link
Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates
Facebook parent Meta Platforms Inc. META -5.59% posted its second revenue decline in a row, as the social-media giant wrestles...
