Tesla Raises Wages for German Workers Amid Union Pressure
European labor unions set their sights on the Elon Musk-led carmaker.
LVMH to Buy Eyewear Brand Favored by the Stars
A deal for Barton Perreira comes as the luxury giant uses glasses to tap aspiring high-end shoppers.
Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening
Apple, Estée Lauder and Canada Goose are among those feeling the pinch from the country's consumer slump.
Elon Musk Unveils 'Grok,' a Snarky AI Bot With Lofty Ambitions
Billionaire says first product from his artificial-intelligence startup will eventually be available to subscribers on X.
Westpac Announces Buyback, Raises Dividend Following Strong Results
Westpac said its annual net profit rose by 26% underpinned by growth in key divisions, with the company launching a $980 million share buyback and increasing its dividend.
Warren Buffett's Berkshire Hathaway Sits on Record $157 Billion Cash Pile
The conglomerate's quarterly loss widened, stung by the stock market downturn.
Washington Post Names Former Dow Jones Chief William Lewis as CEO
The appointment comes shortly after owner Jeff Bezos told staff he wanted the Post to return to profitability.
Block's Stock Price Is Down 80%. Enter CEO Jack Dorsey.
The payments company is under pressure. Jack Dorsey, the often-distant CEO, says he is stepping back into the ring.
Big Tobacco Can No Longer Name Its Price
Shifts in the U.S. tobacco market are trickier for expensive brands like Marlboro to navigate than cheaper rivals.
Sam Bankman-Fried and Crypto's Broken Dreams
The convicted FTX founder once stood for crypto's potential primacy over traditional finance. Now, he represents its deflated ambitions.
(END) Dow Jones Newswires
11-05-23 2115ET
