US Business

The company wants to hire 19,000 workers and entice them with financial incentives and free mental-health counseling.

Two decades after replacing Eisner, CEO faces many of the same challenges.

Troubled Chinese property developer Country Garden Holdings is seeking to sell a host of properties in Guangzhou city to raise up to $534.5 million, amid its efforts to restructure billions of dollars in offshore debt.

The online marketplace will lay off about 1,000 full-time employees, part of efforts to boost performance at a time of rising competition and softer consumer spending.

The German business-software company said it will focus on business-related artificial intelligence.

Rio Tinto said it has agreed to buy electricity from the planned Upper Calliope solar farm in eastern Australia to power its Gladstone operations.

Wayfair employees who work remotely were more likely to be laid off in the latest round of job cuts at the online furniture seller, executives told staff.

The publisher of California’s most-prominent newspaper, which lost three of its top editors in recent days, is shrinking the newsroom by around 20% in the latest round of cuts.

Netflix is ramping up its investments in live programming with a deal for WWE wrestling rights, as it continues to add new customers at a rapid clip. Shares rose about 4% after hours.

The announcement comes as Kering and the wider luxury-goods industry grapple with slowing sales globally after years of strong results following the pandemic.