Category: Business

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Bed Bath & Beyond Warns of Possible Bankruptcy

The home goods retailer said weak sales and slower foot traffic had forced it to consider options for restructuring.  » mehr lesen

Kevin McCarthy’s Business Ties Complicate His Rise to Power

To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.  » mehr lesen

A Breach at LastPass Has Password Lessons for Us All

The hacking of the password manager should make us reassess whether to trust companies to store our sensitive data in the cloud.  » mehr lesen

Amazon Expands Corporate Layoffs to 18,000 Jobs

The layoffs will focus on human resources and its retail division, Amazon’s chief executive said in an email to employees.  » mehr lesen

Bruce’s Beach: L.A. County to Buy Land Seized from Black Family

California officials seized a beachfront property from Willa and Charles Bruce in 1924. Los Angeles County returned it to their great-grandsons last year. Now they’re selling it back.  » mehr lesen

Why Are Energy Prices So High? Some Experts Blame Deregulation.

California and the 34 other states that have deregulated all or parts of their electricity system tend to have higher rates than the rest of the country.  » mehr lesen

Need an Onion? These Indian Apps Will Deliver It in Minutes.

Fueled by billions of dollars in investments, Indian companies are rushing to cut delivery prices and wait times, relying on an army of low-paid, harried drivers.  » mehr lesen

Supply Problems Hurt Auto Sales in 2022. Now Demand Is Weakening.

A global semiconductor shortage is easing, which could allow carmakers to lift production this year. But higher interest rates could keep sales low.  » mehr lesen

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