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Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Finances

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal

WSJ News Exclusive Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link

McDonald's Temporarily Shuts U.S. Offices as Chain Prepares for Layoffs
Business

McDonald's Temporarily Shuts U.S. Offices as Chain Prepares for Layoffs

The fast-food company is expected to notify workers of their job status virtually. The layoffs are part of a broader restructuring. Source link

Google CFO Signals More Spending Cuts to Meet Savings Targets
Business

Google CFO Signals More Spending Cuts to Meet Savings Targets

Finance chief Ruth Porat said the company would eliminate some snack bars and select outside vendors based on cost in an effort to meet savings

For Chip Makers, a Choice Between the U.S. and China Looms
Business

For Chip Makers, a Choice Between the U.S. and China Looms

Washington seeks to steer the semiconductor supply chain using restrictions under the Chips Act. Source link

The Jobs Most Exposed to ChatGPT
Business

The Jobs Most Exposed to ChatGPT

Accountants are among the professionals whose careers are most exposed to the capabilities of generative artificial intelligence, according to a new study. The researchers found

Ex-FDA Official Says Baby-Formula Industry Remains Vulnerable to Problems
Business

Ex-FDA Official Says Baby-Formula Industry Remains Vulnerable to Problems

Politics Health Policy Poor internal communication hindered FDA’s response to crisis, former deputy commissioner says in congressional testimony Source link

First Citizens Buys Much of Silicon Valley Bank
Business

First Citizens Buys Much of Silicon Valley Bank

The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system.  Source link

Semiconductor Firms Asked to Submit Financial Projections to Get Chips Act Funds
Business

Semiconductor Firms Asked to Submit Financial Projections to Get Chips Act Funds

WSJ News Exclusive Business Commerce Department will use financial statements to evaluate applications Source link

Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App
Business

Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App

WSJ News Exclusive Tech Company plans to stop allowing restaurants to list multiple brands with the same menu Source link

First Citizens Acquires Much of Failed Silicon Valley Bank
Finances

First Citizens Acquires Much of Failed Silicon Valley Bank

First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.