Bezos-Backed Startup Convoy Prepares for Sale, Slashes Jobs
Convoy Inc., a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates, will slash hundreds of
1970-01-01 08:00
Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt
A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with
1970-01-01 08:00
Brands Hand Out Freebies as Online Ads Lose Appeal
Online ads are delivering less bang for the click these days, so brands are turning to an old
1970-01-01 08:00
GM Delays Electric Pickup Truck Expansion Amid Slower Growth
General Motors Co. will delay the opening of its second electric-truck plant in Michigan to preserve capital amid
1970-01-01 08:00
Norway’s $1.4 Trillion Fund Sees More Net Zero Targets Set as Risks Mount
Norway’s $1.4 trillion sovereign wealth fund said more companies are honing emissions targets in response to tighter reporting
1970-01-01 08:00
Apple’s Cook Cheers on Tencent Game Gala in Rare China Visit
Apple Inc.’s Tim Cook showed up at a Tencent gaming tournament in China, endorsing one of the biggest
1970-01-01 08:00
PwC Offers Advice From Bots in Deal With ChatGPT Firm OpenAI
PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as
1970-01-01 08:00
Ford Calls on UAW to Cease ‘Acrimonious’ Strike
Ford Motor Co. is calling on the United Auto Workers to end its more than monthlong strike, warning
1970-01-01 08:00
Investors Pile Cash Into Poland as Pro-EU Bloc on Brink of Power
Investors piled cash into Poland as a bloc of pro-European opposition parties are on track to unseat the
1970-01-01 08:00
One in Three Britons to Cut Christmas Spending, PwC Says
Almost a third of British consumers are planning to reduce spending on Christmas this year as the burden
1970-01-01 08:00
How Birkenstock’s Lackluster Debut Mistimed the Shaky IPO Market
Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could
1970-01-01 08:00
US Will Tighten Curbs on China’s Access to Advanced Chip Tech
The Biden administration will tighten sweeping measures announced last October to restrict China’s access to advanced semiconductors and
1970-01-01 08:00