Tag: Business News

House Plans Stopgap Spending Bill as Government Shutdown Approaches

An interim law currently funds the government through Feb. 18. Photo: Julia…

2 Min Read

IRS Retreats From Facial Recognition to Verify Taxpayers’ Identities

WASHINGTON—The Internal Revenue Service is scrapping its use of a private facial-recognition…

4 Min Read

‘Matrix’ Co-Producer Sues Warner Bros. Over HBO Max Release

In the latest battle over streaming, the co-producer of “The Matrix Resurrections”…

9 Min Read

Tyson Says Higher Meat Prices Haven’t Cooled Demand

Escalating meat prices haven’t slowed restaurant and retailer demand for meat, Tyson…

7 Min Read

Two Years Into Pandemic, Shoppers Are Still Hoarding

Alexis Abell recently walked out of a BJ’s Wholesale Club outside Buffalo,…

15 Min Read

In Covid-19 Housing Market, the Middle Class Is Getting Priced Out

The dream of homeownership has grown more out of reach for middle-class…

10 Min Read

Toshiba Looks to Split Two Ways Instead of Three

TOKYO— Toshiba Corp. TOSYY 0.92% revised its restructuring plan and said it…

4 Min Read

Spotify CEO Apologizes to Employees for Joe Rogan Backlash, Says He Won’t Silence Star Podcaster

Spotify Technology SA Chief Executive Daniel Ek apologized to employees for the…

6 Min Read

Giving Workers More Time to Grieve in an Era of Loss

When Jess Mah’s boyfriend died by suicide last April, she logged on…

9 Min Read

U.S. Readies New Asia-Pacific Economic Strategy to Counter China

WASHINGTON—The Biden administration is preparing to unveil its first broad economic strategy…

9 Min Read

Economy Week Ahead: Trade, Inflation, Layoffs

Inflation is expected to hit a multidecade high in January as the…

3 Min Read

Worker Absences Hold Back Companies’ Growth

Employers from McDonald’s Corp. to home builder PulteGroup Inc. said staffing pressures…

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