US Business
Alibaba’s Profit, Revenue Miss Expectations Despite Growth Drive
Alibaba delivered weaker-than-expected profit and revenue in the latest quarter amid fierce domestic competition.
US Business
US Business
Brian Niccol’s Journey From Doritos Locos Tacos to Running Starbucks
The incoming Starbucks CEO made his name on bold marketing moves and operational know-how.
US Business
‘Pig Butchering’ Online Scams Are Proliferating. Here’s Why They Work So Well.
It starts with an unsolicited text message. And then it’s all about gaining the victim’s trust.
US Business
JD.com Profit Nearly Doubles as Revenue Rises
Chinese e-commerce giant JD.com’s second quarter net profit rose 92%, while revenue grew slightly amid fierce competition from Alibaba Group and PDD Holdings.
US Business
Victoria’s Secret CEO Exits; Savage X Fenty’s Hillary Super Named Successor
Super’s appointment is effective Sept. 9, and CFO Timothy Johnson will serve as interim CEO until then.
US Business
Edgar Bronfman Prepares Bid for Paramount and Its Parent National Amusements
The bid would mark the latest twist in one of the messiest media mergers in recent history.
US Business
U.S. Battery Rush Spurs $1.4 Billion Sodium-Ion Factory in North Carolina
A startup is aiming to produce a cheaper and safer type of high-tech battery and boost the domestic supply chain.
US Business
Deere Shrinks Staff to Navigate Farm Economy Downturn
Equipment maker reveals deep cuts to production, payrolls to avoid prolonged pain from market slump.
US Business
Walmart Earnings and July Retail Sales Show Consumers Aren’t Quitting
The retailer posted strong sales and higher profit in its latest quarter, and the latest government readout on U.S. retail spending showed the strongest gain since January 2023.
US Business
How a Leak by a New York Times Reporter Led to an Anti-Doxing Uproar in Australia
Members of a WhatsApp group for Jewish professionals were harassed after their chat thread fell into the hands of pro-Palestinian activists.