Business News

The Moneyist: ‘He claims it’s his home’: My mother left her Florida house to all of her children. Our brother lives there — and has no plans to move. How do we get him out?

'Our brother is still living in the family home. He pays the taxes, insurance and utilities.'

Jan-30-2023


Dow Jones Newswires: China’s services, manufacturing activity rebound sharply in January

China's official gauges measuring services, manufacturing and construction activity all rebounded sharply in January as the nation recovered quickly from a surge in COVID infections in the wake of a sudden reopening at the end of last year.

Jan-30-2023


: Apple execs violated labor law after remarks that interfered with addressing workplace issues: report

U.S. labor officials found that Apple Inc. executives ran afoul of labor law, after they made remarks and set rules that allegedly chilled employee efforts to address workplace issues.

Jan-30-2023


Economic Report: U.S. and global economies may have dodged a bullet, IMF says, but they’re still in a danger zone

The U.S. and global economies are set to slow in 2023 as central banks ramp up their inflation fight, but the forecast is "less gloomy" compared to last fall.

Jan-30-2023


The Wall Street Journal: Samsung operating profits sink 69% in fourth quarter on weaker demand

Samsung Electronics Co.’s fourth-quarter operating profits slumped as the company’s mainstay memory-chip and smartphone businesses grappled with a sharp drop-off in demand and high inventories.

Jan-30-2023


: Paramount+ and Showtime to integrate content, rebrand later this year

Media giant Paramount Global Inc. on Monday announced it plans to merge its Paramount+ streaming service with its premium cable channel, Showtime.

Jan-30-2023


: DoorDash CEO and other co-founders to sell millions of shares, stock falls

DoorDash Inc.'s three co-founders will sell millions of shares in the company beginning next month, the company disclosed Monday.

Jan-30-2023


Crypto: Fed rejects crypto bank’s application to join U.S. payment system

The Federal Reserve on Friday rejected a Wyoming-based crypto bank's application to become a member of the central bank's payment system.

Jan-30-2023


Economic Report: Workers love big raises. The Fed, not so much. Why pay has a big role in inflation fight.

The fate of the economy in 2023 --- and whether the U.S. has a recession --- may depend on obscure report on worker pay that only comes out four times a year.

Jan-30-2023


Market Snapshot: The Fed and the stock market are on a collision course this week. What’s at stake.

The Federal Reserve and investors appear to be locked in a stare-down. What Fed Chair Jerome Powell says Wednesday could determine the winner.

Jan-30-2023