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Wall Street Journal US Business
Feb 21, 2024

Lenovo Posts First Revenue Gain Since 2022
The world's largest PC maker snapped a run of five straight quarters of declines, during which it battled a postpandemic downturn in demand for personal computers.

Wall Street Journal US Business
Feb 21, 2024

Fortescue 1H Net Profit Up 41%, Raises Dividend
The iron-ore producer said its average price for iron ore was roughly US$108 a metric ton versus about US$87 a ton a year earlier.

Wall Street Journal US Business
Feb 21, 2024

Fortescue First-Half Net Up 41%, Raises Dividend
Fortescue reported a 41% rise in first-half net profit and raised its midyear payout to shareholders, reflecting an increase in the price it fetched for its iron ore..

Wall Street Journal US Business
Feb 21, 2024

Chord Energy, Enerplus to Combine in $11 Billion Deal
Chord shareholders would control about two-thirds of the combined company, while Enerplus holders would control the remainder.

Wall Street Journal US Business
Feb 21, 2024

Rivian to Cut Workforce by 10%
The electric-vehicle maker signaled flat production for 2024, falling short of Wall Street forecasts.

Wall Street Journal US Business
Feb 21, 2024

Nvidia Sales Reach New Heights as Company Forecasts Bigger AI Boom
Quarterly sales tripled from a year ago, surpassing Wall Street's heightened expectations, and Nvidia indicated momentum from the artificial-intelligence boom remains strong.

Wall Street Journal US Business
Feb 21, 2024

EV Maker Rivian to Cut Workforce by 10%
Startup signals flat production for 2024, falling short of Wall Street forecasts.

Wall Street Journal US Business
Feb 21, 2024

Are Executives Abusing Corporate Jets? The IRS Wants to Know.
The federal agency also plans to audit those who underreport the perk as income.

Wall Street Journal US Business
Feb 21, 2024

IRS Auditors Target Personal Use of Corporate Jets
The federal agency also plans to audit those who underreport the perk as income.

Wall Street Journal US Business
Feb 21, 2024

Boeing 737 Executive to Exit After Alaska Blowout
The Boeing executive in charge of the factory that built the jet involved in last month's midair door-plug emergency is leaving the company amid a broader leadership shake-up.

Wall Street Journal US Business
Feb 21, 2024

Boeing Executive Overseeing 737 MAX Plant Leaving Company
The Boeing executive in charge of the factory that built the jet involved in last month's door-plug blowout is leaving the company amid a broader leadership shake-up.

Wall Street Journal US Business
Feb 21, 2024

Top Companies for Customer Satisfaction
Merck leads this category in the Management Top 250, followed by Genpact and Intel

Wall Street Journal US Business
Feb 21, 2024

London's Landmark Communications Tower Gets a New Role: Luxury Hotel
BT Group, the U.K. telecoms giant that owns BT Tower, said it has agreed to sell the building to U.S. hotel operator MCR Hotels, the group behind New York's TWA Hotel, for $347.1 million.

Wall Street Journal US Business
Feb 21, 2024

Nokia Partners With Nvidia on AI in Mobile Networks
Nokia said that under the agreement, it will use Nvidia processors with its software to develop cloud network technology and explore how artificial intelligence can help transform the industry.

Wall Street Journal US Business
Feb 21, 2024

Thailand, Indonesia Ramp Up Incentives to Boost EV Demand
Thailand and Indonesia unveiled fresh incentives to spur the adoption of electric vehicles, part of efforts to curb the use of fossil fuels and drive growing EV industries in the populous Southeast Asian nations.

Wall Street Journal US Business
Feb 21, 2024

China Approves Loans for White-List Projects
Chinese officials have approved more than $17 billion in loans for a "white list" of real-estate projects, offering fresh signs that Beijing is moving forward to prop up the country's sluggish property market.

Wall Street Journal US Business
Feb 21, 2024

As Hybrids Become More Popular, Their Green Benefits Are Questioned
Automakers are battling with climate groups over how gas-electric vehicles are marketed as regulators prepare new emission rules.

Wall Street Journal US Business
Feb 21, 2024

As Hybrids Gain Popularity, Skeptics Ask if They Are Sufficiently Green
Automakers are battling with climate groups over how gas-electric vehicles are marketed as regulators prepare new emission rules.

Wall Street Journal US Business
Feb 21, 2024

BT Sells BT Tower to MCR Hotels
BT agreed to the sale of the iconic BT Tower in London for $347 million to MCR Hotels, the latest move to simplify its portfolio and lower costs.

Wall Street Journal US Business
Feb 21, 2024

BAE Systems Sees Solid Growth as Global Conflicts Mount
BAE Systems forecast a 6%-8% rise in underlying earnings this year as governments ramp up spending on military equipment, faced with escalating geopolitical tensions, after the defense group reported above-consensus results in 2023.

Wall Street Journal US Business
Feb 21, 2024

Rio Tinto Pares Dividend on Commodity-Price Fall
The miner reported a 19% decline in annual net profit and cut its payout to shareholders following a drop in prices of aluminum.

Wall Street Journal US Business
Feb 21, 2024

Glencore Earnings Tumble on Lower Energy Prices
Glencore's full-year adjusted earnings came in at $17.1 billion after coal prices retreated from the record highs that followed Russia's invasion of Ukraine.

Wall Street Journal US Business
Feb 21, 2024

BAE Systems Sees Sales Growth as Global Conflicts Mount
BAE Systems said it expected sales to rise 10-12% this year as governments ramp up spending on military equipment, faced with escalating geopolitical tensions.

Wall Street Journal US Business
Feb 21, 2024

Rio Tinto Annual Net Profit Falls 19%, Pares Dividend
Rio Tinto reported a 19% decline in annual net profit and cut its payout to shareholders following a drop in aluminum and copper prices.

Wall Street Journal US Business
Feb 20, 2024

Orica to Buy U.S. Sodium Cyanide Producer Cyanco for $640 Million
Australian chemicals company Orica has agreed to buy U.S. sodium cyanide producer Cyanco from an affiliate of Cerberus Capital Management for $640 million.

Wall Street Journal US Business
Feb 20, 2024

National Australia Bank's First-Quarter Profit Fell
The bank said first-quarter revenue grew by 1% when compared with the average of the prior two quarters.

Wall Street Journal US Business
Feb 20, 2024

Walmart, Coming Off a Strong Year, Invests to Avoid Retail Letdown
The company is trying to boost business with its $2.3 billion deal for Vizio and plans for new stores and online operations.

Wall Street Journal US Business
Feb 20, 2024

Planet Fitness Former CEO Rondeau Resigns From Board After Layoffs
Planet Fitness said in a regulatory filing that Rondeau's resignation is believed to be because of various disagreements since he stepped down from the top job in September.

Wall Street Journal US Business
Feb 20, 2024

FuboTV Sues to Block ESPN, Warner and Fox Sports-Streaming Service
The lawsuit says the companies behind the planned platform have forced Fubo ‘to broadcast unwanted, expensive content.'

Wall Street Journal US Business
Feb 20, 2024

Court Tosses $1 Billion Verdict Against Cox Communications for Music Piracy
Leading music labels had sued the internet provider over its customers' illegal downloads.

Wall Street Journal US Business
Feb 20, 2024

Get Ready for $40 Luggage Fees
American Airlines will charge $40 to check a bag at the airport for domestic flights or $35 for those who pay in advance online. A second bag will now cost $45.

Wall Street Journal US Business
Feb 20, 2024

Activists Push for New Board at Norfolk Southern
An investor group led by Ancora Holdings has put forward nominations for a new board at Norfolk Southern, heating up a proxy fight aimed at ousting the railroad's chief executive.

Wall Street Journal US Business
Feb 20, 2024

Walmart Seals $2.3 Billion Deal for TV Maker Vizio
The purchase grants the retailer access to data and more space to sell ads as it eyes growth beyond selling goods.

Wall Street Journal US Business
Feb 20, 2024

Walmart's Sales Rise as Prices Cool
Consumers continued to spend on groceries and other essentials, while pulling back on discretionary items.

Wall Street Journal US Business
Feb 20, 2024

Walmart Inks $2.3 Billion Deal for TV Maker Vizio
The purchase grants retailer access to data and more space to sell ads as it eyes growth beyond selling goods.

Wall Street Journal US Business
Feb 20, 2024

InterContinental Pledges Return After Strong Growth
InterContinental Hotels said it expected to return up to $1 billion to shareholders after it posted above-forecast earnings last year with revenue per available room up 7.6% in the fourth quarter.

Wall Street Journal US Business
Feb 20, 2024

Barclays Announces Strategic Overhaul, Plans to Boost Returns
Barclays said it would return at least $12.6 billion to shareholders through 2026 as it announced a cost-cutting drive and plans to reorganize its business into five operating divisions.

Wall Street Journal US Business
Feb 20, 2024

Air Liquide Tops Consensus, Forecasts Further Growth
Air Liquide posted an annual operating profit of over €5 billion on above-forecast sales and said it was con?dent of increasing margins and pro?t growth in 2024.

Wall Street Journal US Business
Feb 19, 2024

BHP Pares Midyear Payout After Net Profit Fall, Flat Earnings
BHP Group dialed back its dividend on Tuesday as the world's biggest miner reported a steep fall in first-half net profit and flat underlying earnings.

Wall Street Journal US Business
Feb 19, 2024

A Venture Capitalist's View of AI: Where the Money Is
Hemant Taneja of General Catalyst says his focus is on AI's role in transforming industries and business functions.

Wall Street Journal US Business
Feb 19, 2024

How to Use Technology to Better Pace Your Work
Too often, we work too fast or too slow or too sporadically, hurting our productivity and our mental health. Software can help.

Wall Street Journal US Business
Feb 19, 2024

Autoparts Giant Forvia to Cut Up to 10,000 Jobs in EV Shift
Forvia said it would save about €500 million a year from 2028 through job cuts as the company adapts to EU electric-vehicle policies.

Wall Street Journal US Business
Feb 19, 2024

The Boom in Battery Metals for EVs Is Turning to Bust
Producers of lithium and nickel have paused projects after prices collapsed, and as momentum slows for electric-vehicle sales.

Wall Street Journal US Business
Feb 19, 2024

Billions Start Flowing to Chip Makers For New U.S. Factories
The Biden administration is pledging $1.5 billion in grants to GlobalFoundries in the first major award to revitalize the domestic semiconductor industry.

Wall Street Journal US Business
Feb 19, 2024

Forvia to Cut Up to 10,000 Jobs in EV Shift
Forvia shares rose after it said it would save about €500 a year from 2028 through job cuts as the company adapts to EU electric-vehicle policies.

Wall Street Journal US Business
Feb 19, 2024

Currys Shares Soar on Takeover Interest
Currys stock rose 33% in opening trading, with the U.K. electronics retailer at the center of a possible takeover battle between China's JD.com and Elliott Advisors.

Wall Street Journal US Business
Feb 19, 2024

Amplats Plans Job Cuts as Profits Tumble
Anglo American Platinum said more than 4,300 jobs could be affected in a restructuring as it grapples with lower prices, rising costs and an uncertain outlook.

Wall Street Journal US Business
Feb 19, 2024

Polymetal Agrees to Sell Russian Assets
Polymetal said it was selling its Russian business for $3.7 billion and intended to refocus its operations in Kazakhstan.

Wall Street Journal US Business
Feb 19, 2024

BYD Shares Rise on Buyback Plan, More Luxury-Model Launches
BYD's Shenzhen-listed shares rose after the Chinese electric-vehicle giant's plans for more share buybacks and luxury-model launches.

Wall Street Journal US Business
Feb 18, 2024

Chinese Travel Stocks Rise After Lunar New Year Break
China's travel stocks traded higher after government data showed robust domestic travel during the weeklong Lunar New Year break.

Wall Street Journal US Business
Feb 18, 2024

A Psychiatrist Tried to Quit Gambling. Betting Apps Kept Her Hooked.
While Kavita Fischer sank deeper into six-figure losses, companies kept her going with bonus credits, VIP treatment and data tracking.

Wall Street Journal US Business
Feb 18, 2024

The Movie Business Is Off to a Slow Start in 2024
Ticket sales are down 15% despite more movies in theaters than last year.

Wall Street Journal US Business
Feb 18, 2024

How Companies Are Starting to Use Generative AI to Improve Their Businesses
Early adopters are putting a lot of money into these new systems, and they are finding it paying off.

Wall Street Journal US Business
Feb 18, 2024

Nicotine Pouches Take Off---and Land in the Culture Wars
Zyn draws debate among lawmakers and public-health experts.

Wall Street Journal US Business
Feb 18, 2024

Zyn Nicotine Pouches Take Off---and Land in the Culture Wars
Zyn draws debate among lawmakers and public-health experts.

Wall Street Journal US Business
Feb 18, 2024

The War Over Burying Nuclear Waste in America's Busiest Oil Field
Plans to store used nuclear fuel temporarily in the Permian Basin could boost the nuclear sector, but oil-and-gas producers are pushing back.

Wall Street Journal US Business
Feb 18, 2024

The Man Who Tamed the World's Most Troubled Bank
Christian Sewing pulled Deutsche Bank to firmer ground, but investors have yet to fully buy into the comeback story.

Wall Street Journal US Business
Feb 17, 2024

Inside Kim Godwin's Challenging Tenure as ABC News President
Godwin took over ABC News at a challenging time for the network. Nearly three years later, she has become a polarizing figure, and parent Disney decided to give her a new boss who will keep a close eye on the news division.

Wall Street Journal US Business
Feb 17, 2024

Are Games the Secret to Better Company Training?
Researchers looked at whether gamelike training is effective at increasing revenue. The answer: It can be, especially if done right.

Wall Street Journal US Business
Feb 17, 2024

For Elon Musk Lately, It's All About Russia, Russia, Russia
The billionaire maintains his companies are doing the most to undermine the Kremlin.

Wall Street Journal US Business
Feb 17, 2024

The British 'King of Trainers' Takes On the Land of Sneakers
Retailer JD Sports thinks it can conquer a depressed U.S. market with its sportswear-as-fashion concept.

Wall Street Journal US Business
Feb 16, 2024

The Fuel for American Innovation Is Obvious: We Need More Prizes
A $1 million contest helped uncover secrets of the past. Can prize competitions solve the problems of the future?

Wall Street Journal US Business
Feb 16, 2024

The World Has Lots of Problems. The Trick to Solving Them Is More Contests.
They have uncovered secrets of the past. Can prize contests help shape the future?

Wall Street Journal US Business
Feb 16, 2024

Can Billions of Dollars in Prize Money Solve the World's Problems?
A $1 million contest helped uncover secrets of the past. We need more contests to find the innovations of the future.

Wall Street Journal US Business
Feb 16, 2024

How the Big Airlines Beat the Budget Guys at Their Own Game
Spirit, Frontier and others reshape their strategies to fight back as big airlines offer superlow fares, loyalty programs and creature comforts.

Wall Street Journal US Business
Feb 16, 2024

Icahn Strikes Deal for JetBlue Board Seats
The activist investor unveiled a 10% stake in the airline earlier this week.

Wall Street Journal US Business
Feb 16, 2024

Tupperware Signs Forbearance Agreement As it Looks Into Strategic Alternatives
The company said the agreement will reduce its weekly U.S. liquidity agreement to $10 million from $15 million during the forbearance period, to end no later than June 30.

Wall Street Journal US Business
Feb 16, 2024

Paramount Owner Discussed Combining It With Comcast's Peacock
The companies have explored a commercial partnership or joint venture among the arrangements.

Wall Street Journal US Business
Feb 16, 2024

Nike to Lay Off More Than 1,600 Workers
The cuts are part of the sneaker giant's plan to shed $2 billion in costs over the next three years.

Wall Street Journal US Business
Feb 16, 2024

The Tesla Designer Who Translates Elon Musk's Musings Into Reality
Franz von Holzhausen, the chief designer at Tesla, is ready for his next big challenge.

Wall Street Journal US Business
Feb 16, 2024

The Designer Who Translates Elon Musk's Musings Into Reality
Franz von Holzhausen, the chief designer at Tesla, is ready for his next big challenge.

Wall Street Journal US Business
Feb 16, 2024

Paramount Discussed Streaming Deal with Comcast
The two companies have recently discussed a streaming partnership or joint-venture for Paramount and Peacock.

Wall Street Journal US Business
Feb 16, 2024

Dunkin's Ben Affleck Super Bowl Merch Is Hot Now
Fans race to snag neon-orange and pink DunKings tracksuits after the now-viral Super Bowl ad, sparking eBay bidding wars.

Wall Street Journal US Business
Feb 16, 2024

62% of Americans Lack a College Degree. Can They Solve the Labor Shortage?
IBM, Delta and others have dropped college degree requirements but old hiring habits are hard to break.

Wall Street Journal US Business
Feb 16, 2024

62% of Americans Lack College Degree. Can They Solve the Labor Shortage?
IBM, Delta and others have dropped college degree requirements but old hiring habits are hard to break.

Wall Street Journal US Business
Feb 16, 2024

NatWest Buoyed by Earnings Beat, Guidance
NatWest shares rebounded from opening losses as investors cheered an above-forecast profit in the fourth quarter and guidance broadly in line with consensus, with analysts referring to the update as "good enough."

Wall Street Journal US Business
Feb 16, 2024

EDF Swings to Profit After Nationalization
EDF reported underlying earnings of almost €40 billion in 2023 and forecast output targets, adding that 46 of its reactors were online by the beginning of January.

Wall Street Journal US Business
Feb 16, 2024

Umicore Hit After Earnings Miss
Umicore shares fell in opening trade after its second-half underlying earnings fell 18% on weaker metal prices and investment costs.

Wall Street Journal US Business
Feb 16, 2024

Eni Earnings Hit by Weaker Prices
Eni's earnings fell in the fourth quarter, with operating profit down 23%, hit by lower oil and natural-gas prices.

Wall Street Journal US Business
Feb 16, 2024

NatWest Names Thwaite as Permanent CEO
NatWest said Paul Thwaite replaces Alison Rose who resigned in July after discussing the closure of Brexit campaigner Nigel Farage's account with a journalist.

Wall Street Journal US Business
Feb 16, 2024

Swiss Re Profit Surges, Tops Guidance
Swiss Re reported net profit in 2023 of $3.2 billion, with an improved performance in its property-and-casualty reinsurance segment helping drive the sharp earnings advance.

Wall Street Journal US Business
Feb 16, 2024

To Avoid Hefty Tariffs, China's BYD Eyes U.S. Car Market Via Mexico
The Tesla competitor, which is expanding rapidly in Europe and Southeast Asia, is also looking at a new export base south of the U.S. border.

Wall Street Journal US Business
Feb 15, 2024

Chinese EV Maker BYD Exploring Mexico Factory as Entry to U.S. Market
The Tesla competitor is expanding rapidly in Europe and Southeast Asia; now it is looking at a new export base south of the U.S. border.

Wall Street Journal US Business
Feb 15, 2024

Nike to Cut Over 1,600 Jobs
The layoffs are part of the sneaker giant's plan to shed $2 billion in costs over the next three years.

Wall Street Journal US Business
Feb 15, 2024

How to Keep People From Dozing Off During Online Meetings
Research shows that participants are much less engaged in virtual meetings than when gathering in-person. There are ways around that.

Wall Street Journal US Business
Feb 15, 2024

The Insatiable Ambition of LeBron James
The basketball legend is building a business that includes movies and TV, podcasts and grooming products. It's all part of his new model for how stars can cash in on their fame.

Wall Street Journal US Business
Feb 15, 2024

When Job Candidates Lie---and How Recruiters Bust Them
Two jobs at once? Four different résumés? Headhunters share their stories of workers who tried, and failed, to fool people.

Wall Street Journal US Business
Feb 15, 2024

Lucid Is Latest EV Maker to Cut Prices as Demand Ebbs
The auto industry's pricing pressure is hitting unprofitable electric-vehicle startups hard.

Wall Street Journal US Business
Feb 15, 2024

DraftKings to Buy Jackpocket for $750 Million
DraftKings said it expected the deal to drive $260 million to $340 million in incremental revenue in fiscal 2026, and $350 million to $450 million in revenue in fiscal 2028.

Wall Street Journal US Business
Feb 15, 2024

Toast to Cut About 550 Employees in Restructuring
The Boston-based company, which creates software for restaurants, will also reorganize certain facilities and operations.

Wall Street Journal US Business
Feb 15, 2024

Lightspeed Commerce's Returning CEO Dasilva to Focus on Profitable Growth
Profitable growth is now the main goal at Lightspeed, replacing a strategy of growth-at-all-costs, says Dasilva.

Wall Street Journal US Business
Feb 15, 2024

Teamsters Authorize Strike at Marathon Petroleum Refinery
Teamsters said that 95% of workers at the refinery had voted to authorize the strike.

Wall Street Journal US Business
Feb 15, 2024

Rod Stewart Sells Song Catalog as Music-Rights Fundraising Surges
Investors are pouring billions of dollars into companies pursuing music-rights deals.

Wall Street Journal US Business
Feb 15, 2024

Is It OK to Be Mean to a Chatbot?
Yes, it isn't human, and it may be useful to let your negative feelings out. But it may have unintended negative effects.

Wall Street Journal US Business
Feb 15, 2024

Volkswagen Under Pressure to Ditch Its China Joint Venture as U.S. Impounds Vehicles
Large German manufacturers have expanded their footprints in China, threatening Berlin's efforts to reduce its economic reliance on the Asian giant.

Wall Street Journal US Business
Feb 15, 2024

Rod Stewart Sells Song Catalog as Music Rights Fundraising Surges
Investors are pouring billions of dollars into companies pursuing music-rights deals.

Wall Street Journal US Business
Feb 15, 2024

Airbus Extends Lead Over Boeing Amid Archrival's Stumbles
Analysts are questioning whether the end is near for the duopoly that has dominated the airplane-manufacturing industry for decades.

Wall Street Journal US Business
Feb 15, 2024

Have Uber and Lyft Finally Found a Way to Make Ride-Sharing Profitable?
Getting there has been a bumpy ride. Analysts want to see if the companies can sustain it.

Wall Street Journal US Business
Feb 15, 2024

Airbus Expects to Deliver More Planes in 2024
Airbus posted higher fourth-quarter revenue and said it expected to deliver more planes to customers this year than in 2023, even as supply-chain hurdles persist.

Wall Street Journal US Business
Feb 15, 2024

Pernod Ricard Rises on Encouraging Outlook
Pernod Ricard's shares rose more than 5% after the company confirmed its mid-term outlook and posted first-half sales in line with expectations.

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