A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the...
United States
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has...
Teamsters Ratify New Five-Year Labor Contract With UPS
The deal reached last month averted a potentially damaging strike for U.S. supply chains. Source link
How Hard Should the Fed Squeeze to Reach 2% Inflation?
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,...
Deal to Double China Flights Signals U.S. Airlines’ Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source...
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Teva Agrees to Pay $225 Million to Settle U.S. Price-Fixing Charges
The generic drugmaker’s U.S. unit also must sell the drug line for cholesterol treatment pravastatin. Source link
Car Prices Might Be Unsustainable for Buyers
Surging loan delinquencies signal that many consumers can’t afford their auto loans. Source link
America’s Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
Anti-ESG Funds Face Obstacles to Broad Investor Acceptance
One problem is defining exactly what these funds actually invest in. Source link
The Battle to Ban TikTok and the Man at the Center of It
Montana Attorney General Austin Knudsen helped start a case that he thinks could make its way to the Supreme Court....
Kraft Heinz Sees a $25 Billion Opportunity—in Schools
Packaged-food giant revamps Lunchables for the cafeteria, tapping a new market and drawing pushback. Source link
Macau Reclaims Crown From Vegas as World’s Top Gambling Hub
Fortunes of MGM, Sands and Wynn are rising after they bled cash during years of pandemic border restrictions in the...
America’s Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet
Chicago restaurants say they will have to boost prices and cut staff if a “sub-minimum wage” proposal becomes law. Source...
Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link
WSJ News Exclusive | A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX
The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenue rose faster....
This Tomato Sauce Is Delicious. It’s Also Worth Billions of Dollars.
Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link
EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China...
