US Business
Third Point to Launch Proxy Fight at Bath & Body Works
The activist investor first disclosed a stake of more than 6% in the company in December.
Month: February 2023
US Business
EV Startup Lucid Aims to Nearly Double Production in 2023
The electric-vehicle maker said its forecast, which is below analyst expectations, reflects economic concerns.
US Business
Nvidia Forecasts AI Boom, Recovery in Videogame Business After Slump
The graphic-chips company might get a boost from the growing use of artificial-intelligence language-generation tools.
US Business
Norfolk Southern Says It Will Look at Practices After Ohio Train Derailment
The NTSB is due to release on Thursday its prelminary report on the Feb. 3 accident, which has sparked an environmental cleanup as well as a political skirmish.
Information Technology & Innovation
Wisper Internet is Connecting Joplin
Wisper ISP, Inc., an Illinois-based wireless internet service provider, will offer cutting-edge wireless technology to serve more than 390 households in the Joplin community with up to 400 MBPS speeds and greater line-of-site wireless penetration. […]
Small Business/Startups
BBB Business Tip: How Can Small Businesses Create Additional Revenue Streams
Multiple revenue streams are crucial for any small business’s long-term success. In the current economic environment, many business owners are looking hard at their revenue sources and finding ways to improve their bottom line and their […]
US Business
McKinsey Intends to Eliminate as Many as 2,000 Jobs
The consulting giant is likely to complete the changes in the coming months as it reviews support roles.
US Business
Justices Express Skepticism at Holding Google Liable for Content
A lawyer representing relatives of Islamic State victims argued to the Supreme Court that internet platforms remain liable for material they choose to publish.
US Business
FTC Won’t Block Amazon Purchase of One Medical Network
The agency says it is still investigating but won’t sue in time to stop the deal from closing.
US Business
Chesapeake to Sell Shale Oil Assets to Ineos for $1.4 Billion
The deal is expected to be British chemical maker Ineos’s first in upstream U.S. oil and gas. It comes as Chesapeake increases its focus on natural-gas production.