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The Wall Street Journal: Amazon plans broad price cuts at Whole Foods this week
Amazon.com Inc. is planning to cut prices on hundreds of items at Whole Foods stores this week, as the e-commerce giant seeks to change the chain’s high-cost image amid intense competition among grocers......»»
The Wall Street Journal: Wells Fargo firing 3 dozen district managers as part of sales-scandal cleanup
Wells Fargo is firing around three dozen district managers for oversight failures related to a sales scandal that erupted in its retail bank more than two years ago, The Wall Street Journal reported, according to people familiar with the matter......»»
Wells Fargo firing around three dozen district managers: WSJ
Wells Fargo & Co is firing around three dozen district managers for oversight failures related to a sales scandal that came to light in its retail banking unit in 2016, the Wall Street Journal reported on Wednesday......»»
Patriots" owner Robert Kraft sells NYC apartment for $22.5 million
Robert Kraft recently offloaded his luxury New York City apartment, and according to the Wall Street Journal, it went for a pretty penny. Its reported sale price was $22.5 million......»»
Exxon Mobil Set To Close $60B Deal For Pioneer Natural Resources After Agreement With FTC
According to a report from the Wall Street Journal, the Federal Trade Commission will allege Sheffield has engaged in collusive activity which may have effected the price of oil. read more.....»»
Want $750 Per Month In Passive Income? Invest In These Stocks
According to The Wall Street Journal, average 30-year mortgage rates have now surged to 7.1% and home sales for March, correspondingly, fell 4.3%, the largest drop since November 2022. Since inflation has also dras.....»»
Why Coffee Prices Are Rising
The average coffee cup price is up 17% from 2016, at $4.50, according to The Wall Street Journal. read more.....»»
The Wall Street Journal: GameStop’s outgoing CEO will walk away with millions
It is a lucrative time to be leaving GameStop Corp.’s C-suite as the run-up in the videogame retailer’s share price has enabled four executives to depart with vested stock now valued at roughly $290 million......»»
The Wall Street Journal: LG calls it quits on smartphones; will halt production, sales by July 31
LG Electronics Inc. will exit its unprofitable smartphone business after years of struggling to compete with industry leaders Apple Inc. and Samsung Electronics Co., as well as fast-growing Chinese rivals......»»
The Wall Street Journal: Blackstone offers $6 billion to buy Australian casino operator Crown Resorts
The U.S. investment firm has offered 11.85 Australian dollars, or the equivalent of $9.15, a share for Crown, a 20% premium to its closing share price last week, Crown said Monday......»»
The Wall Street Journal: Best Buy to lay off store workers amid shift to online sales
Best Buy Co. notified workers this week that it was cutting some jobs at its big-box stores, according to people familiar with the situation, as the retailer adapts to a world where more shopping happens online......»»
NYSE chief warns it may leave New York if stock transfer tax is imposed
The New York Stock Exchange may leave New York State if Albany imposes a transfer tax on stock sales, the president of the Intercontinental Exchange Inc.-owned exchange operator said on Tuesday in an op-ed in the Wall Street Journal.....»»
The Wall Street Journal: TikTok rival Kuaishou soars in Hong Kong IPO
Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced......»»
The Wall Street Journal: McKinsey reaches $573 million settlement with states over its work to boost OxyContin sales
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»
Kauai oceanfront home sets new price record with $10.5M sale — and is "House of the Year"
The house was named “House of the Year” by The Wall Street Journal on Thursday......»»
The Wall Street Journal: Goldman cuts CEO Solomon’s pay by $10 million over 1MDB scandal
Goldman Sachs Group Inc. slashed Chief Executive David Solomon’s 2020 pay by 36%, punishment for the bank’s admission last year that it broke U.S. laws in its dealings with an investment fund at the heart of a global corruption ring......»»
Feds allege AmEx misled small business owners to get them to sign up for pricey credit cards, according to report
American Express stock dropped as much as 4% after the Wall Street Journal reported federal investigators are probing its business-card sales tactics. American Express. .....»»
The Wall Street Journal: Digital spending pushed up U.S. holiday retail sales but results came in below some forecasts
Pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending......»»
The Wall Street Journal: China’s top commerce regulator to investigate Luckin Coffee
China’s top business and commerce regulator is investigating Luckin Coffee Inc., after the Nasdaq-listed coffee chain revealed that much of its 2019 sales were fabricated and caused massive losses for many investors.....»»
The Wall Street Journal: Smithfield to shut 2 more pork plants because of coronavirus
Smithfield Foods Inc. said it would close two more pork-processing plants because of the coronavirus pandemic, reducing meat supplies for grocery stores and deepening challenges for farmers......»»