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Why America's Largest Tool Company Couldn't Make a Wrench in America
Business

Why America's Largest Tool Company Couldn't Make a Wrench in America

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed

The Horrible Performance Review That Set Him on the Road to CEO
Business

The Horrible Performance Review That Set Him on the Road to CEO

John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But first, he had to get

Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds
Business

Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds

Speakers the size of an asterisk have the potential to change the way we reproduce sound, cope with hearing loss—and even make objects in virtual

Spotify Plans to Raise Price of Premium Plan in U.S.
Business

Spotify Plans to Raise Price of Premium Plan in U.S.

The audio company had avoided raising prices, but faces investor pressure to increase profitability. Source link

Amazon Asking Employees to Return to 'Main Hub' Offices
Business

Amazon Asking Employees to Return to 'Main Hub' Offices

Amazon.com has told staff across the company that they may have to move to locations in bigger cities. Source link

The Rise and Fall of the Chief Diversity Officer
Business

The Rise and Fall of the Chief Diversity Officer

“Everything is a battle.” Diversity executives hit the exits as company priorities shift. Source link

FTC Withdraws Case Against Microsoft-Activision Deal
Business

FTC Withdraws Case Against Microsoft-Activision Deal

The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is

Streaming Brought Hollywood to a Standstill. Now Comes the Pain.
Business

Streaming Brought Hollywood to a Standstill. Now Comes the Pain.

Hollywood’s biggest strike in 60 years is exposing industry fault lines, with traditional entertainment companies expected to take a near-term hit while streamers are better

Sergey Brin Is Back in the Trenches at Google
Business

Sergey Brin Is Back in the Trenches at Google

Co-founder is working alongside AI researchers at tech giant’s headquarters, aiding efforts to build powerful Gemini system. Source link

United Airlines Scaling Back Flights at Newark Airport
Business

United Airlines Scaling Back Flights at Newark Airport

The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms. Source link