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Corporate/Industrial News
Anti-ESG Funds Face Obstacles to Broad Investor Acceptance
One problem is defining exactly what these funds actually invest in. Source link
America's Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
Who is the Mogul Bidding for U.S. Steel?
James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid. Source link
How Kroger Became the Biggest Sushi Seller in America
Millions of shoppers agree: It’s OK to eat supermarket sushi. At U.S. retailers, sales are up over 70% in the past year. Source link
Elon Musk's Latest Antics Have Some Asking: Is He Out of Touch?
The billionaire’s taunts of Mark Zuckerberg, his rival at Meta Platforms, are drawing cringes and questions. Source link
Schulman Having Bumpy Landing After Taking PayPal to New Heights
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.
America's Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet
Chicago restaurants say they will have to boost prices and cut staff if a ‘sub-minimum wage’ proposal becomes law. Source link
This Tomato Sauce Is Delicious. It's Also Worth Billions of Dollars.
Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link
A Rare Look Into the Finances of Elon Musk's Secretive SpaceX
The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster. Source link
China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts, as the embattled property developer