Norfolk Southern’s Second Ohio Derailment Is Investigated
No hazardous materials were aboard a train that derailed near Springfield on Saturday. Source link
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Balenciaga Displays Restraint in First Fashion Show Since Child Ad Backlash
Creative designer Demna aims to reset the brand’s image after consumer protests. Source link
Bars, Hotels and Restaurants Become the Economy’s Fastest-Growing Employers
Operators of hotels, bars and restaurants—hit hard as the Covid-19 pandemic took hold—are now among the country’s fastest-growing employers, offsetting...
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
Caterpillar Commits to Not Closing Union Plants Under New Contract
A tentative six-year pact with the United Auto Workers also provides raises and bonuses for about 7,000 workers in Illinois...
Amazon HQ2 Delay Isn’t a Concern, Northern Virginia Officials Say
The company said it is holding off on moving forward with the second phase of its corporate campus in Northern...
Elon Musk’s Latest Reveal? His Tesla Management Team
BusinessAutos & TransportationAutos IndustryBilled as a glimpse into Tesla’s future, Investor Day was used as an opportunity to spotlight leadership...
How Chili’s Is Prepping for Tough Times, Starting With the Fries
Rising costs and a shortage of workers are pushing the Southwest-style restaurant chain to do more with lessTanner Davison dining...
Apple Approves ChatGPT-Powered App After Assurance of Content Moderation
TechTech giant’s review of email app comes as concerns grow over AI’s potential harm Source link
Monkey Business Threatens U.S. Drug Discovery
A shortage of farm-bred primates is contributing to poaching and harming biomedical research and development. Source link
Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters
A first phase of the project with two office towers is nearly complete. Source link
The World Economy Is Doing Well—This Is Bad News for Central Bankers
EconomySurprising signs of economic vitality from the U.S. to China and Europe are complicating the fight to bring down high...
Volkswagen’s Xinjiang Plant Is No Longer Making Cars Amid Human-Rights Concerns
A visit to the factory by the German car maker’s China head reignites criticism over its presence in a region...
Macy’s, Best Buy Sales Decline, Reflecting Shopper Pullback
Macy’s said its sales were down 4.6% in the fourth quarter, and Best Buy said its U.S. sales for the...
Bank Profits Fell 6% Last Year as War, Inflation and Higher Rates Hurt Results
The $263 billion in total profit ranks as second-best on record, yet recession fears prompted a rise in loan-loss reserves....
Wendy’s Targets Sales Growth Amid Restructuring
BusinessEarningsFor 2023, fast-food company expects global systemwide sales to grow 6% to 8% Source link
Former Facebook Execs Launch Startup, Adding to Efforts to Improve Ad Measurement
Two former executives of Facebook parent Meta Platforms Inc. are seeking to solve one of the social-media industry’s biggest challenges...
Elon Musk Aims to Rally Tesla Shareholders Around Long-Term Vision at Investor Day
The electric-vehicle maker is expected to discuss manufacturing plans and future products. Source link
Rivian Posts Mixed Quarterly Results, Issues New Recall
The move comes as the company’s cash burn accelerates and it continues to lose money as it tries to scale...
States Propose Billions in Tax Relief Despite Economic Uncertainty
PoliticsNew Jersey’s governor floats rebates as several states including New York and Michigan debate what to do with surpluses Source...
