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Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Business

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending

Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link

The U.S. Is Turning Away From Its Biggest Scientific Partner at a Precarious Time
Business

The U.S. Is Turning Away From Its Biggest Scientific Partner at a Precarious Time

By Karen Hao in Hong Kong and Sha Hua in Singapore Updated Aug. 16, 2023 12:00 am ET Listen to article (2 minutes) One of

Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
Business

Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars

TSG Entertainment, which helped co-finance hits including “Avatar: The Way of Water” for Twentieth Century Fox, is suing the studio and its parent company Disney

More Americans Are Ending Up Homeless---at a Record Rate
Business

More Americans Are Ending Up Homeless—at a Record Rate

A WSJ analysis of available data shows the number of homeless people counted in the U.S. is up roughly 11% from a year earlier. Source

5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher
Business

5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher

Manoj Bhargava’s Simplify Inventions will take a roughly 65% stake in the Arena Group. Source link

Amazon's Leader on Alexa, Other Devices Plans to Leave
Business

Amazon's Leader on Alexa, Other Devices Plans to Leave

David Limp is planning to retire in the coming months in the latest departure of a longstanding top executive since Andy Jassy took over as

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening
Business

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening

Listen to article (2 minutes) WASHINGTON—U.S. officials forged an uneasy compromise to let DuPont sell its sustainable-materials business last year to a Chinese company while

Amazon Cuts Dozens of House Brands
Business

Amazon Cuts Dozens of House Brands

The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as it works to fend off

Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
Business

Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround

The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link

NYSE, Nasdaq Battle for New Listings
Business

NYSE, Nasdaq Battle for New Listings

Nasdaq wins Instacart and Arm, while NYSE snags Birkenstock and Klaviyo. Source link