Category: United States

Danone, the food conglomerate behind yogurt and milk brands Activia, Dannon, Oikos and Horizon Organic, aims to cut Earth-warming methane emissions from its fresh-milk supply chain by some 30% over the next seven years. The scope of the reduction and the reach of this international food concern is significant, climate-change analysts said. France-based Danone BN, […]

The consumer electronics industry is getting new life from an old product: laptops. Although the changes are evolutionary rather than revolutionary, they’re substantial enough to make the laptop sector more competitive with the desktop PC sector of the market. This is especially significant as global PC sales tumbled 19.5% in the third quarter of 2022 […]

Customers of failed crypto ventures like FTX, Celsius Network or Genesis may one day see some of their money again, but they better be prepared to wait. Experts say recovering money from frauds and other financial collapses is a complex and hard-to-predict process and while often some money can be returned, it can take years […]

Ken Griffin’s U.S. hedge fund Citadel made $ 16 billion in profit after fees last year – the largest annual gain ever made by a hedge fund manager, an investor has estimated. In a report published on Monday by fund of funds LCH Investments, Citadel topped the top 20 hedge fund manager’s list beating John […]

After slowing its pace of hiring last year, Spotify Technology SA is planning layoffs as soon as this week, according to a new report, adding to the wave of jobs cuts sweeping across the tech industry. Citing people familiar with the plans, Bloomberg News reported late Sunday that the streaming music service faces imminent job […]

Bonds and stocks may be getting back to their usual relationship, a plus for investors with a traditional mix of assets in their portfolios amid fears that the U.S. faces a recession this year. “The bottom line is the correlation now has shifted back to a more traditional one, where stocks and bonds do not […]

After one of the worst years in Wall Street’s history, investors have some serious questions for companies. As holiday returns roll in — and with them, forecasts for the months or year ahead — many have the chance to answer those questions, or avoid them. In the busiest week of the holiday-earnings season so far, […]

An earlier version of this article carried an incorrect spelling of Vanda Research. The article has been corrected. Net inflows into U.S. equities by retail investors continued to climb over the past week as the stock market started the new year in a buoyant mood, but data analysts at Vanda Research said the pace of […]

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A reporter may be in touch. A record share of U.S. adults said they […]

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A reporter may be in touch. Higher-earning households are feeling the inflationary pinch. Consumer […]

When it comes to first-week book sales, Prince Harry may be ruling the roost. But former President Barack Obama still has him beat. “Spare,” the newly released tell-all tome by Prince Harry, sold 629,300 print copies in the U.S. during its first week, according to NPD BookScan, the leading tracker of book sales. That made […]

The nation’s pants ecosystem is showing signs of rebalancing, potentially at the expense of jeans maker Levi Strauss & Co., BofA analysts said on Wednesday. Demand for denim is slowing, they say, pointing to recent commentary from executives. More customers have begun buying cargo pants, chinos and other nondenim pants as they return to the […]

There’s some good news for fans of a four-day workweek. People who worked eight fewer hours per week were just as productive as those clocking in for a standard 40-hour week, according to a newly released real-world study. And feedback on the four-day workweek was “overwhelmingly positive.” The study was conducted by 4 Day Week Global […]

In November, British-Swedish drug giant AstraZeneca published a simple chart in its quarterly earnings presentation that the pharmaceutical industry never saw coming. It showed that 55% of chronic lymphocytic leukemia patients in the U.S. were choosing Calquence, and not Imbruvica, the long-time leading treatment for the disease, when being prescribed a class of drug known […]

President Joe Biden talked up his administration’s achievements on Friday as he marked two years in office, delivering a speech at the White House to a bipartisan group of mayors visiting Washington, D.C., for an annual meeting. He said when his term began, the COVID-19 pandemic “was raging, our economy was reeling, but we acted […]

Silicon Valley founders could learn a lot from the orderly, drama-free succession planning at Netflix Inc. that reached a conclusion Thursday. Co-founder Reed Hastings stepped down as co-chief executive Thursday, roughly 25 years after he and co-founder Marc Randolph hatched the idea that ultimately became Netflix NFLX, +8.46% in the dot-com era. They started out […]

Last year the price of bitcoin plunged 64%. The price was down 19% from Nov. 1 through the end of the year. That action followed CoinDesk’s Nov. 2 report about the “unusually close” relationship between FTX and Alameda Research. Both companies were co-founded by Sam Bankman-Fried and FTX filed for bankruptcy on Nov. 11. So […]

The Justice Department is investigating conduct at the Abbott Laboratories infant-formula plant in Sturgis, Mich., that led to its shutdown last year and worsened a nationwide formula shortage, people familiar with the matter said. Attorneys with the Justice Department’s consumer-protection branch are conducting the criminal investigation, the people said.

California and Silicon Valley saw net gains in jobs in December, even as tech companies based in the state announce thousands of layoffs. Employers added 16,200 nonfarm payroll jobs in December, the state’s Employment Development Department reported Friday, even as Silicon Valley companies like Intel Corp. INTC, +2.81% began layoffs. The state’s jobless rate stayed at […]

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