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Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On
It is now targeting full-year adjusted earnings, before interest, taxes, depreciation and amortization, of $10.5 billion to $11 billion, down by $500 million. Source link
BYD, China's Tesla, Is Coming for the World
The EV maker is about to become an export juggernaut and a threat to the world’s largest automakers. Source link
Illumina Names New Chief Executive
Jacob Thaysen was named to the role after Francis deSouza resigned from the gene-sequencing maker in June amid a fight with regulators. Source link
'Barbie,' 'Oppenheimer' Trounce Franchise Films to Jolt a Slow Summer at the Box Office
This summer, many franchise movies underperformed expectations. Films based on original story lines dominated. Source link
Inside a Sales Army Turning a Tax Break Into a Modern-Day Gold Rush
Listen to article (2 minutes) An antiaging consultant in Florida. A technician in North Carolina. A semiretired broker. They’re all part of a vast sales
How Worried Should We Be About AI's Threat to Humanity? Even Tech Leaders Can't Agree.
Artificial-intelligence experts debate whether to focus on averting an AI apocalypse or on problems such as bias and disinformation. Source link
DoorDash Battles Restaurants Over Delivery Markups
Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link
The Man Who Has Detroit, Wall Street and the White House on Edge
United Auto Workers President Shawn Fain is throwing out the traditional union playbook and preparing for a strike, possibly against three automakers at once. Source
J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses. Source link