Category: Business

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Target’s Shares Plunge After Inflation Eats Into Profits

The retailer pointed to “unexpectedly high costs” as a hit on its bottom line.  » mehr lesen

French Cement Company to Face Charges of Complicity in Human Rights Violations

Lafarge faces a court battle over allegations that it put employees at risk and financed terrorist groups in a bid to keep operating in Syria.  » mehr lesen

How a Trash-Talking Crypto Founder Caused a $40 Billion Crash

Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders, though not the investment firms that cashed out early.  » mehr lesen

Broadway Deal Over Rudin Shows Will Limit Nondisclosure Agreements

Performers and stage managers were released from agreements they signed to work on four shows that were produced by Scott Rudin after their union, Actors’ Equity, filed complaints.  » mehr lesen

Inflation in Britain at Fastest Pace in 40 Years

The annual inflation rate jumped as household gas and electricity bills rose significantly.  » mehr lesen

Big Tech Takes Texas to the Supreme Court

Social network companies want to block a Texas law that restricts content moderation.  » mehr lesen

Omens of Decline for Russia’s Once World-Leading Energy Industry

Sanctions have grounded Russia’s ambitious plans to build its liquefied natural gas capacity. Analysts say it’s a sign of problems ahead.  » mehr lesen

What Higher Interest Rates Could Mean for Jobs

Layoffs are up only minimally, and employers may be averse to shedding workers after experiencing the challenges of rehiring.  » mehr lesen

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