FedEx Restructures to Combine Ground and Express Delivery Networks
The company’s push for efficiency is unwinding the operating strategy led by founder Fred Smith. Source link
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Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
MarketsFinanceThe company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source...
Disney CEO Iger Calls DeSantis’s Moves Antibusiness, Anti-Florida
BusinessCompany, state have been clashing since Disney opposed Parental Rights in Education bill last year Source link
WSJ News Exclusive | McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices
The fast-food company is expected to notify workers of their job status virtually. The layoffs are part of a broader...
Tesla Reports Uptick in Vehicle Deliveries After Price Cuts
BusinessAutos & TransportationAutos IndustryThe company delivered around 36% more vehicles to customers in the first quarter than it did a...
How Disney Dodged Ron DeSantis and Kept Control of Its Florida Land
Business‘Disney didn’t do anything secret’ in securing key approvals before governor’s new board gained oversight Source link
Artificial Intelligence Is Teaching Us New, Surprising Things About the Human Mind
The world has been learning an awful lot about artificial intelligence lately, thanks to the arrival of eerily human-like chatbots.Less...
Twitter Shares Some of the Secret Sauce Behind How It Works
Elon Musk says transparency about how tweets are recommended will increase user trust. Source link
WSJ News Exclusive | Disney Lays Off More Than 300 Streaming-Focused Employees in China
The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source...
Elon Musk, Other AI Experts Call for Pause in Technology’s Development
Tesla CEO Elon Musk and AI pioneer Yoshua Bengio are among those who want a moratorium of at least six...
Adidas to Drop Opposition to Black Lives Matter’s Three-Stripe Logo
BusinessSportswear company had challenged advocacy group’s trademark application, saying the emblem was too similar to its own Source link
WSJ News Exclusive | NFL, RedBird Team Up to Distribute Sunday Ticket Games to Bars, Restaurants
WSJ News ExclusiveMedia & MarketingSunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular...
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a...
Alibaba Co-Founder Jack Ma Returns to China After a Year Away
TechBillionaire’s trip home comes as Beijing eases tech crackdown that hit business confidence Source link
CNN Finalizing Deal to Add Gayle King as It Hits Lowest Ratings in Decades
Basketball commentator Charles Barkley also in the mix as a potential host. Source link
Salesforce Shakes Off Proxy Fight From Elliott
The activist investor says it was swayed by the business-software provider’s latest financial results and cost-cutting. Source link
Elon Musk Offers Employees Stock Grants Valuing Twitter at About $20 Billion
TechNew stock will start to vest after six months, according to an email Source link
UAW Members Elect Reform Candidate as President
Shawn Fain will take charge of the union ahead of contract talks with Detroit auto makers set to begin this...
Dish Network—and Its Customers—Are Still Reeling From Cyberattack
Customers say they can’t access HBO Max and other services, while the pay-TV provider says it has resolved many issues....
