Jeff Wilke, Confidant of Amazon's Founder, Plans to Retire

Jeff Wilke, a close lieutenant of Jeff Bezos who helped build Amazon into a tech colossus, will be succeeded as consumer chief by company veteran David Clark. 


 
Curtiss-Wright Discloses Possible Russia Sanctions Violations

Curtiss-Wright Corp. may have violated U.S. sanctions on Russia after a blacklisted company acquired two of its longstanding customers, according to a securities filing by the manufacturer. 


 
Home-Improvement Stocks Stay the Course Amid Nesting During Covid-19

Home-improvement stocks have been on the rise. As the pandemic keeps many Americans in their houses and apartments, more are interested in upgrading their spaces. 


 
Hedge Fund Marble Ridge to Close After Scathing Neiman Report

Marble Ridge Capital, a hedge-fund firm known for investing in distressed companies, is shutting down after a government inquiry found that founder Dan Kamensky tried to suppress bidding for a piece of bankrupt retailer Neiman Marcus. 


 
Pitney Bowes Is Unboxing E-Commerce Bonanza

Amid the excitement over Stamps.com, the market is starting to take notice of the greater potential of a century-old competitor usually associated with the U.S. Postal Service. 


 
Facebook Staff Demand Policy Changes on India Hate Speech

Facebook employees are pressing leadership to review the handling of hate speech in India, saying the company has tolerated toxic content by prominent political figures and failed to enforce policies evenhandedly. 


 
Deere Beats Profit, Sales Expectations in 3Q

Deere posted better-than-expected profit and sales figures as the company's agricultural-equipment division weathered the fiscal third quarter with a relatively small year-over-year sales decline. 


 
Uber and Lyft's Platform Premium Already Waned

Even before the global pandemic, Uber and Lyft shares were both generating largely disappointing returns since going public last year. 


 
ESG Insights - European Contact-Tracing Apps Stumble

The Wall Street Journal's ESG research analysts saw positive implications for BHP, Pinterest, utilities and retailers, while the outlook for contact-tracing developers was more negative. 


 
Facebook's Zuckerberg Questioned in FTC Antitrust Probe

The Federal Trade Commission this week questioned Facebookfounder Mark Zuckerberg in its probe into whether the social-media giant has violated U.S. antitrust laws