Russian gold and diamonds could still be sold in the U.S. despite…
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Corporate/Industrial News
22 posts
Ford Unloads Further 7 Million Shares of Electric-Vehicle Startup Rivian
Ford Motor said it unloaded more shares of Rivian Automotive Inc., further…
Europe’s Gas Market Is Still Counting on Russian Supplies
A disruption in the flow of Russian gas to Europe this year…
Treasury Targets Russia, Oligarchs as Part of Plan to Combat Illicit Finance
The U.S. Treasury Department outlined actions it plans to take to address…
The Biggest Problem With Flying Cars Is on the Ground
The startups and investors that have sent hopes soaring for “flying cars”…
Remote Workers Don’t Want to Go Back to the Office
Some of the economy’s most in-demand employees are about to find out…
Inside the Collapse of CNN+, the News Channel's 'Apollo Mission'
Hundreds of staffers were drawn to the streaming venture, which was positioned…
Activist Investor Seeks Ryder Buyout in $4.4 Billion Deal
Miami-based Ryder System Inc. said in a statement it will ‘carefully review…
Twitter CEO Signals More Change After Hiring Freeze, Cost Cuts
Twitter chief executive said more changes were in store for the social-media…
House to Vote on Easing WIC Rules to Address Baby-Formula Shortage
WASHINGTON—House Democrats plan to fast-track a vote on relaxing regulations regarding baby…
Facebook, Twitter Are Pulling Back on Hiring—Will Others Follow?
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Elon Musk Says His Deal to Buy Twitter Is on Hold
Elon Musk said his deal to buy Twitter was on hold, raising…
Instacart Prepares for IPO Amid Volatile Markets, Changing Consumers
Instacart Inc.’s plans to launch a public offering puts the grocery-delivery company…
Biden Administration Cancels Oil-and-Gas Drilling Leases in Gulf of Mexico, Alaska Coast
WASHINGTON—The Biden administration canceled plans to auction drilling rights in three regions…
Rivian Recalling 502 Electric Trucks Over Potentially Faulty Air-Bag Sensors
Electric-vehicle startup Rivian Automotive Inc. is recalling 502 battery-powered pickup trucks over…
Twitter Freezes Hiring as Two Senior Executives Leave the Company
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Baby Formula Shortage Could Last Months
Baby-formula manufacturers and retailers say they are working to address a long-running…
Producer Price Gains Edged Downward in April but Remain Elevated
U.S. suppliers’ price increases eased a little in April as energy and…
Hot Job Market, Strong Demand for CFOs Strain Due Diligence
The sudden exit of Moderna Inc.’s newly hired chief financial officer shines…
Beyond Meat Shares Drop as Losses Widen
Beyond Meat reported a wider-than-expected loss in its recently completed quarter because…