Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
The oil company banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices...
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Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall
The tire maker is shedding roughly 5% of its salaried staff around the world, joining a raft of companies trimming...
Bed Bath & Beyond Says Banks Have Cut Off Its Credit Lines
Bed Bath & Beyond Inc. said it doesn’t have the funds to repay its banks after they determined the retailer...
WSJ News Exclusive | BuzzFeed to Use ChatGPT Creator OpenAI to Help Create Quizzes and Other Content
WSJ News ExclusiveMedia & MarketingCEO Jonah Peretti intends for artificial intelligence to play a larger role in the company this...
Southwest Airlines Earnings Hit by $220 Million Loss After Holiday Meltdown
BusinessEarningsCustomer cancellations at biggest domestic airline spills into first quarter Source link
WSJ News Exclusive | FAA Suspends Access for Contract Personnel Involved in Flight Disruption
The agency says the suspension will remain during investigation of a pilot-alert system outage. Source link
DOT Probes Southwest Airlines Scheduling After Holiday-Travel Meltdown
BusinessSouthwest says it will cooperate with requests from government officials Source link
Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp
BusinessMedia & MarketingSpecial committees of the media companies’ boards had been reviewing Murdoch’s proposal Source link
Microsoft Earnings Fell Last Quarter Amid Economic Concerns
BusinessEarningsSoftware giant’s revenue growth slowed to a more than six-year low as demand for cloud services cooled Source link
Amazon Launches $5-a-Month Prescription Drug Plan in Further Healthcare Push
The new Prime membership benefit, dubbed RxPass, will offer unlimited access to commonly prescribed generic medications. Source link
WSJ News Exclusive | Ford in Talks to Sell German Plant to China’s BYD
WSJ News ExclusiveBusinessA deal would mark a big step overseas for China’s electric-car industry Source link
Twitter Headquarters Landlord Sues Elon Musk’s Company, Alleging Unpaid Rent
The suit joins the other legal battles between the social-media company and vendors since Elon Musk acquired the business last...
Tesla, Microsoft Are Headlining First Busy Earnings Week of 2023
BusinessEarnings PreviewVerizon and Southwest also on tap as economists gauge effect of interest rates Source link
How Apple Has So Far Avoided Layoffs: Lean Hiring, No Free Lunches
The iPhone maker’s workforce grew 20% in the past three years, a far slower pace than rivals. Source link
New Display Tech Is Coming From Apple, Google, Meta and Others
American adults spend the majority of their waking hours looking at screens—and yet most of those screens, including the one...
Elon Musk Flags Tweets’ Limitations in Tesla Trial
TechDefense has called Tesla CEO’s tweets on taking car maker private imperfect shorthand Source link
WSJ News Exclusive | GM, LG Scrap Plans to Partner on Fourth U.S. Battery Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved...
T-Mobile Says Hackers Stole Data on About 37 Million Customers
BusinessCarrier says addresses, birth dates and other personal records were exposed, but not financial records Source link
Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
Netflix elevated longtime executive and heir apparent Greg Peters to the co-CEO role. Source link
Elon Musk Trial Over Tesla Tweets Heads for Opening Statements
The shareholder lawsuit stems from 2018 tweets in which the billionaire CEO said, “Am considering taking Tesla private at $420....
