Tag: Business News
Mark Zuckerberg’s Latest Pivot Is Personal as Well as Strategic
Mark Zuckerberg’s announcement that Facebook Inc. is focusing on the metaverse and…
Eurozone Economy Outpaces U.S., China
FRANKFURT—The eurozone economy grew briskly in the summer, outpacing the larger U.S.…
U.S. Sanctions Cut Huawei’s Revenue for Fourth Straight Quarter
HONG KONG—Huawei Technologies Co. said its revenue fell 38% in the most…
How Cheesecake to Go Saved the Cheesecake Factory
With its massive menu offering everything from crispy chicken sandwiches to coconut…
Consumer Spending Likely Grew More Slowly in September
Growth in household spending likely slowed in September as a combination of…
New Policy Gives FTC Greater Control Over How Companies Do M&A
WASHINGTON—The Federal Trade Commission, led by new Democratic Chairwoman Lina Khan, has…
Democrats Weigh Tax Cuts for High-Tax States
WASHINGTON—High-income coastal professionals look likely to emerge as significant winners from the…
After Alibaba’s $400 Billion Stock Selloff, Investors Hope the Worst Is Over
SINGAPORE—Investors are betting the worst is over for Alibaba Group Holding Ltd.…
How Cheesecake Saved the Cheesecake Factory
With its massive menu offering everything from crispy chicken sandwiches to coconut…
G-20 Climate Talks Threatened by Clash Over Coal
ROME—Leaders from the Group of 20 major economies are split over phasing…
Apple Warns of Supply Chain Woes While Amazon Faces Increased Labor Costs
Apple Inc. and Amazon.com Inc. reported quarterly results that showed how supply-chain…
Biden Framework for Social-Climate Package Fails to Ease Passage of Infrastructure Bill
WASHINGTON—The White House released a $1.85 trillion framework designed to show progress…