They answered their own question by going out and doing just that, and Henry the K led the pack. “Kissinger’s 41 years of consulting service include American Express, Fiat, Rio Tino, Lehman Brothers, Merck, Heinz, Volvo and JP Morgan,” Ben Judah, a leading expert on kleptocracy and anti-corruption, tweeted recently. “His business career was truly […]
Read More
The prices of oil, transportation, food ingredients and other raw materials have fallen in recent months as the shocks stemming from the pandemic and the war in Ukraine have faded. Yet many big businesses have continued raising prices at a rapid clip. Some of the world’s biggest companies have said they do not plan to […]
Read More
The first and most obvious factor is an increase in union membership. The word “union” appears only three times in The Case for Good Jobs and only four times in The Good Jobs Strategy. That’s a peculiar omission, but pretty obviously a deliberate one. Ton makes vague noises urging bosses not to oppose union organizing, […]
Read More
A former executive at ByteDance, the Chinese company that owns TikTok, has accused the technology giant of a “culture of lawlessness,” including stealing content from rival platforms Snapchat and Instagram in its early years, and called the company a “useful propaganda tool for the Chinese Communist Party.” The claims were part of a wrongful dismissal […]
Read More
The China Development Forum, a high-profile, government-hosted conference with a who’s who of international executives in attendance, was a moment for Beijing to renew its efforts to win over foreign businesses. Businesses from outside China “are not foreigners, but family,” said Wang Wentao, China’s commerce minister. State media reported that the chief executives of Apple, […]
Read More
For more than 50 years, designers of computer chips mainly used one tactic to boost performance: They shrank electronic components to pack more power onto each piece of silicon. Then more than a decade ago, engineers at the chip maker Advanced Micro Devices began toying with a radical idea. Instead of designing one big microprocessor […]
Read More
A considerable number of Americans appear to believe that Bud Light, a beer owned since 2008 by the Belgian multinational corporation Anheuser-Busch InBev, stands for a set of values that does not include transgenderism. This became clear this month after the transgender activist Dylan Mulvaney posted on Instagram an informal video advertisement for Bud Light […]
Read More
On a hot summer day, a woman walked into a gas station in the Bronx and spent $1.99 on a bag of TGI Fridays Sour Cream & Onion Potato Skins chips. She tore into the snack, looking forward to the “potato skins,” as they were marketed on the packaging in 2018, according to court documents. […]
Read More
The company that makes a majority of the abortion pill mifepristone sold in the United States sued the Food and Drug Administration on Wednesday, a new legal volley in a string of recent court maneuverings over the fate of the drug. The lawsuit adds another strand to the intense legal battle underway over a case […]
Read More
As the country’s largest companies prepare to report their results for the start of the year — offering a view into how the economy is faring as a banking shock reverberates — they’re already warning investors to brace themselves. For the big businesses that make up the S&P 500 index, Wall Street’s forecasters expect that […]
Read More
SAN FRANCISCO — Elon Musk said Twitter is now worth about $20 billion, according to an email he sent the company’s employees on Friday, a significant drop from the $44 billion that he paid to buy the social network in October. The email, which was viewed by The New York Times, was sent to employees […]
Read More
Gordon E. Moore, a co-founder and former chairman of Intel Corporation, the California semiconductor chip maker that helped give Silicon Valley its name, achieving the kind of industrial dominance once held by the giant American railroad or steel companies of another age, died on Friday at his home in Hawaii. He was 94. His death […]
Read More
Gordon E. Moore, a co-founder and former chairman of Intel Corporation, the California semiconductor chip maker that helped give Silicon Valley its name, achieving the kind of industrial dominance once held by the giant American railroad or steel companies of another age, died on Friday at his home in Hawaii. He was 94. His death […]
Read More
SEOUL — South Korea said on Monday that it had proposed a resolution to one of its thorniest historical disputes with Japan, in hopes of mending fractured ties between the key American allies. The government said it had created a foundation that would pool funds from South Korean businesses and use the money to compensate […]
Read More
During the height of the pandemic, hungry and housebound customers clamored for Home Run Inn Pizza’s frozen thin-crust pies. The company did everything to oblige. It kept its machines chugging during lunch breaks and brought on temporary workers to ensure it could produce pizzas at the suddenly breakneck pace. More recently, demand has eased, and […]
Read More
Almost three years after lockdowns momentarily derailed the capitalism train, Australian corporations are back, baby, and making more money than ever. Three major companies — Qantas, Commonwealth Bank and Santos — all reported record profits this week, so it seems all the staff cuts and tax breaks paid off. Qantas revealed a $1 billion half-year […]
Read More
Nohemi Gonzalez, a 23-year-old California college student, was studying abroad in Paris in November 2015 when she was among the 130 people killed in a coordinated series of terrorist attacks throughout the city. The next year, her father sued Google and other tech companies. He accused the firms of spreading content that radicalized users into […]
Read More
The trick, Mr. Javier said, is to strike the right tone: “If you are a prospective employer, seeing someone vent about a past employer can be a red flag. I encourage everyone to stay positive, to focus on the actions you are taking to find a new job.” Some people are heeding that advice. Ms. […]
Read More
Federal prosecutors in Manhattan have also seized assets they contend were acquired with money misappropriated from FTX’s customer accounts. Last month, the prosecutors disclosed that they had seized more than $600 million in assets belonging to Mr. Bankman-Fried, including cash and stocks kept in bank and brokerage accounts. It’s unclear why prosecutors have not seized […]
Read More
The blockbuster technology deal that every adviser on Wall Street clamored to be a part of has proved not to have been so lucrative for at least one advisory firm that worked on it. That firm, Innisfree M&A Incorporated, sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million in what […]
Read More
A jury decided Friday that Elon Musk was not liable for losses suffered by investors after he posted messages on Twitter that he had secured the funding to take Tesla private in 2018. Investors had sued Mr. Musk, Tesla and the company’s board, arguing that Mr. Musk’s statements about his embryonic plan to take the […]
Read More