Southwest’s December Meltdown to Cause Quarterly Loss
The airline said it lost up to $425 million in revenue after it canceled more than 16,700 flights in the...
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Samsung Expects Big Drop in Profit on Slumping Tech Demand
High inflation and weak economies hit sales of memory chips and smartphones. Source link
Stitch Fix to Cut 20% of Salaried Jobs, CEO Stepping Down
The personal shopping and styling company’s chief executive, Elizabeth Spaulding, had been in the position for less than 18 months...
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
WSJ News Exclusive | Amazon Layoffs to Hit Over 17,000 Workers, the Most in Recent Tech Wave
WSJ News ExclusiveTechCuts focused on the company’s corporate staff exceed earlier projection Source link
Google and Meta’s Advertising Dominance Fades as TikTok, Streamers Emerge
For the first time in nearly a decade, the two largest players in online advertising are no longer raking in...
Elon Musk’s Twitter Says It Plans to Expand Political Ads Allowed on Platform
TechPolitical advertising was largely banned in 2019 under then-CEO Jack Dorsey Source link
Tesla Stock Falls 12%, Posting Worst Drop in Over Two Years
Wall Street resets 2023 vehicle-delivery expectations after last year’s numbers fell short. Source link
More Bosses Order Workers Back to the Office as Job Market Shifts
BusinessManagementManagement & CareersVanguard Group, Paycom Software and others push staffers to return on required days, but some employees are pushing...
Southwest Says It Maintains Normal Schedule as Airline Processes Bags, Refunds
Executives said they plan to launch a postmortem after the holiday meltdown that led to thousands of canceled flights. Source...
Elon Musk’s Tesla Comes Up Short of 2022 Delivery Target as Growth Slows
BusinessElectric car maker falls short of its initial goal of increasing annual deliveries by 50% or more last year Source...
Twitter Sued Over Rent Payment in San Francisco
One of Twitter’s landlords accuses the social-media company of failing to pay for space in the building. Source link
Southwest Airlines Shows Progress in Push to Restore Flights
The carrier had just one Saturday flight cancellation as of midday, and it was seeking employee volunteers to help catch...
WSJ News Exclusive | DEA Pressed ADHD-Drug Makers About Impact of Telehealth Firms on Surging Demand
The Drug Enforcement Administration told makers of medication for attention-deficit hyperactivity disorder that it was concerned that “aggressive marketing practices”...
The Craziest Moments From the Longest Tech Boom (So Far)
It’s been a singular year for tech, one that marked the apparent end to a heady, madcap boom that changed...
Tesla Stock Fell 65% in 2022, Its Biggest-Ever Annual Decline
Tesla Inc. closed the worst year in the stock’s history, having lost more than $700 billion in market valuation amid...
Southwest Airlines Gears Up for a Normal Flight Schedule on Friday After Mass Cancellations
BusinessEmployee volunteers rebuilt crew schedules manually after storm disruptions overwhelmed systems and led to thousands of canceled flights Source link
FCC Set to Gain More Power Over Prison Phone Call Rates
The federal regulator will have more power to tackle what it has called excessive charges for inmates making in-state phone...
Some Twitter Users Experienced Technical Problems With Platform
TechSocial-media app owned by Elon Musk suffered glitches, with some users getting error messages Source link
Soaring Egg Prices Lead Nation’s Largest Producer to Record Sales
BusinessCal-Maine reports rising prices and healthy demand despite bird flu Source link
