Year: 2021

The Japanese conglomerate reported its first quarterly net loss in a year and a half after China’s stricter regulations on technology companies caused a sharp stock selloff and weighed on its investment portfolio.

The world’s biggest miner by market value will sell its 80% stake in the BHP Mitsui Coal venture to focus on higher-quality steelmaking coal.

Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote.

From undrunk beer to unfinished forestry equipment, businesses deliberate just-in-time or just-in-case inventories.

Some big U.S. companies have dropped workplace mask mandates as Covid-19 cases fall and vaccination rates rise.

The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from a summer lull.

Employers are easing job requirements and speeding up hiring procedures to survive a U.S. labor market with more openings than applicants.

Supply-chain problems and a lack of clarity about the future of tax credits in the congressional spending bill threaten to slow U.S. wind power growth.

The roughly $1 trillion infrastructure package will modestly help the economy in the short run while priming the country for slightly stronger growth in coming decades, economists say.

An auto giant could reap more than $7 billion from a hot IPO. To get there, it had to elbow out a longtime rival.