Month: July 2023

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest rates and easing inflation.

The industry is trying to rebound from years of losses owing to storms, fires and inflation.

Cash-like investments are offering their highest rates since 2001, offsetting rising interest costs.

Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China.

Competing effects of central banks, healing supply chains affect recession odds.

One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has been stalled by a standoff with the Teamsters union.

Deadly incidents raise safety concerns about batteries used to power electric cars and cellphones.

“My biggest concern is that there’s insufficient urgency,” the billionaire tells energy executives.

Companies that are pulling back are also choosing to hold onto workers, avoiding the large-scale job cuts that led to recessions in earlier economic slowdowns.

Barnes & Noble used to be the book industry’s villain. Its new CEO wants to make it more like a scrappy indie outpost—596 of them, to be exact.