GM Can’t Wait Around for Trump to Win a Trade War
July 8, 2018

Last year, Corporate America was all about press releases announcing lofty U.S. hiring plans. The new fad is to threaten the reverse.

On Friday, General Motors Co. joined Harley-Davidson Inc. and bourbon maker Brown-Forman Corp. in calling out the negative impact Continue reading

Sainsbury Considers Buying Asda From Walmart
May 27, 2018

  • Combination of U.K. grocers would create rival to Tesco
  • British retailers seek scale amid online, discount competition

J Sainsbury Plc Chief Executive Officer Mike Coupe is fighting back against Amazon.com Inc. and discount grocers with another big takeover bid — Continue reading

In a Leaked Memo, Apple Warns Employees to Stop Leaking Information
April 28, 2018
  • Company memo says it found 29 ‘leakers’ last year, 12 arrested
  • CEO Tim Cook pledged to ’double down’ on secrecy in 2012

Apple Inc. warned employees to stop leaking internal information on future plans and raised the specter of potential Continue reading

India Needs Dramatic Growth, and Modis Not Helping
March 5, 2018

It was a sight to warm the heart of an Indian nationalist: Prime Minister Narendra Modi, at the Republic Day celebration on Jan. 26, welcoming one by one his 10 chief guests, the leaders of the Association of Southeast Asian Continue reading

Dow Plunges 666 Points as Rate Angst Sinks Bonds: Markets Wrap
February 11, 2018

The Dow Jones Industrial Average tumbled 666 points in the biggest plunge since June 2016, as the worsening bond rout stirred angst that the Federal Reserve will accelerate its rate-hike schedule.

Solid jobs data that underscored the strength of the Continue reading

Amazon Reveals Very Long Short List of 20 Cities for HQ2
January 26, 2018

Amazon.com Inc. narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Toronto among the contenders.

Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected Continue reading

GE to Cut 12,000 Jobs in Its Power Business
December 16, 2017

General Electric Co. plans to cut 12,000 jobs in its power business as the company’s new leaders look to slash costs and stabilize the beleaguered manufacturer.

The reductions, accounting for about 18 percent of GE Power’s workforce, include both professional Continue reading