Tag: Business News
Prepare for an Unsettling Monetary Tightening Cycle
If you were born after 1980, the monetary tightening that the Fed…
Samsung’s Fourth-Quarter Revenue Is Best Ever
SEOUL— Samsung Electronics Co. capped off a year where it surpassed Intel…
Fed Tees Up March Interest-Rate Increase
The Federal Reserve signaled it would begin steadily raising interest rates in…
Elon Musk Says Tesla Will Prioritize Deliveries Over New Vehicles in 2022
Elon Musk said Tesla Inc. TSLA 2.07% won’t introduce new models this…
William Ackman Takes Stake in Netflix
Billionaire investor William Ackman said his hedge fund has acquired 3.1 million…
Intel Earnings Dropped, Revenue Edged Higher
Intel Corp.’s INTC 1.35% earnings fell last quarter as the company ramped…
Jerome Powell’s Comments Over the Past Year Show Mounting Inflation Concerns
The past year hasn’t been kind to the Federal Reserve’s inflation outlook.…
Bank of Canada Says Rate Increases Are Coming
OTTAWA—The Bank of Canada held its main interest rate steady at 0.25%,…
Mattel Wins Disney Princess Toy Deal, Joining Elsa of ‘Frozen’ With Barbie
Cinderella, Elsa and their friends are moving back in with Barbie. Mattel…
Trucks Are Clogging America’s Roads, Delivering Goods and Tearing Up Yards
ATLANTA—Trucks are taking over American roads, fueled by a rise in pandemic…
Venture Capital Becomes a Tech Battleground Between China, U.S.
Last year, China’s tech stocks cratered. This year, America’s are following suit.…
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says
WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less…