Year: 2023

Soroban, one of the company’s biggest shareholders, had earlier urged the railroad to oust Lance Fritz, arguing that it underperformed during his watch.

The social-media company’s staff has shrunk since the billionaire acquired it late last year and began pursuing sweeping changes.

Large American companies are increasing their bets on China’s consumers in anticipation of a postpandemic rebound in the world’s second-biggest economy. 

Data could lead Federal Reserve to raise interest rates for longer.

The EU’s Margrethe Vestager said that closer analysis of the U.S. Inflation Reduction Act suggests the main threats to Europe’s competitiveness will be limited to a handful of sectors.

Sometimes, the most widely cited inflation figures tell us more about the past than the present.

American companies said they don’t expect the move by the Biden administration to drive up U.S. costs.

Japan’s Panasonic warns newcomers of hurdles as the EV-battery maker leverages its experience to boost U.S. production.

Six times as many people currently work part-time by choice, rather than by necessity; “25 hours is the new 35.”

The move came less than a month after a federal judge denied the FTC’s request for a court order halting Meta’s purchase of Within Unlimited.