Tag: Business News
Boeing Expands Focus on Air Taxis
Boeing Co. BA -0.60% said it is investing a further $450 million…
Peloton Investor Calls for Sale, Exit of CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive…
Facebook Promised Poor Countries Free Internet. People Got Charged Anyway.
Facebook FB 1.83% says it’s helping millions of the world’s poorest people…
Tesla Countersues JPMorgan in Fight Over Warrants
Tesla Inc. TSLA -1.47% countersued JPMorgan Chase JPM -0.09% & Co. on…
Kohl’s Shares Surge 30% on Takeover Bids for Retailer
Kohl’s has confirmed that multiple suitors are circling it. Photo: JOSH REYNOLDS/Associated…
Under Fire Over Omicron Outbreak, Hong Kong’s Cathay Pacific Faces Bigger Losses
HONG KONG—An Omicron outbreak triggered by returning aircrew breaking quarantine rules has…
Fed Steps Up Talks on Shrinking Balance Sheet
Federal Reserve officials are set to resume discussions this week over how…
Economy Week Ahead: Fed, GDP, Consumer Spending
The Federal Reserve’s policy meeting highlights a full week of economic news.…
Kohl’s Can’t Find Relief From Investor Pressure
Since taking the helm of Kohl’s Corp. in May 2018, Chief Executive…
Activist Investor Nelson Peltz Buys Stake in Unilever
LONDON—Trian Fund Management LP, the activist hedge fund run by Nelson Peltz,…
U.S. Food Supply Is Under Pressure, From Plants to Store Shelves
The U.S. food system is under renewed strain as Covid-19’s Omicron variant…
Your Hotel Concierge Is Probably a Texting Robot. Srsly.
Your next hotel’s concierge might not be in the same time zone…