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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

WSJ.com: US Business

Kate Middleton Favors This British Brand. Now It's Coming for Americans.

Sun, May 19, 2024

Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores....

How Hard Should Tesla Fight for Elon Musk's Attention?

Sat, May 18, 2024

The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader....

The 84-Year-Old Man Who Saved Nvidia

Sat, May 18, 2024

It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san....

The Executive Who Revived Barbie Has a New Long-Shot Mission: Save Gap

Fri, May 17, 2024

CEO Richard Dickson is trying to make the clothing company cool again—one hoodie at a time....

GameStop Shares Retreat on Declining Revenue, Stock Sale

Fri, May 17, 2024

The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop....

UAW Loses Unionization Vote at Mercedes Plant in Alabama

Fri, May 17, 2024

Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, hurting the union’s push to organize at many foreign-owned factories in the South....

Grab Sees Generative AI Boosting Cost-Cutting Drive

Fri, May 17, 2024

Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability....

Microsoft's Partnership With Mistral AI Cleared by U.K. Regulator

Fri, May 17, 2024

The U.K. Competition and Markets Authority cleared Microsoft’s partnership with Mistral AI....

Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO

Fri, May 17, 2024

Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending....

Tencent's Top Shareholder Taps New Chief in AI Ramp-Up

Fri, May 17, 2024

Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer....