Nissan’s Ghosn Grabs 44 Million

November, 20, 2018|

Nissan’s Ghosn Arrested

Japanese prosecutors jailed Carlos Ghosn, an auto industry titan and one of the world’s best-known business executives, accusing him of underreporting his pay—and setting off a leadership crisis at the globe-spanning auto alliance he forged...

Amazon Cleans Up

November, 19, 2018|

Amazon’s New Headquarters

After running a year-long competition that drew interest from hundreds of cities and a number of states, Amazon has chosen New York City and Northern Virginia to split duty as its second headquarters...

Crypto’s Clobber Nvidia

November, 16, 2018|

Crypto Hangover Weighs on Nvidia

Nvidia Corp. shares tumbled 18% after the chip maker projected declining revenue for the current quarter—a sharp turnabout from the company’s recent explosive growth—as it works through excess inventory left over from the cryptocurrency boom...

GE: Not Bringing Good Things to Investors

November, 15, 2018|

GE Hits New Low

General Electric Co.’s shares continued their long slide Monday even as new Chief Executive Larry Culp tried to put the market at ease about the direction of the conglomerate and its troubled power division. The stock fell as much as 10% Monday before recovering some of its loss to end at $7.99...

Sessions Out

November, 8, 2018|

Sessions Out as Attorney General

Attorney General Jeff Sessions resigned at the request of President Trump on Wednesday, immediately placing oversight of the special counsel’s Russia probe in the hands of an official who has been critical of the inquiry...

Foxconn Personnel

November, 8, 2018|

Foxconn’s Big Decision

Foxconn Technology Group is considering bringing in personnel from China to help staff a large facility under construction in southern Wisconsin as it struggles to find engineers and other workers in one of the tightest labor markets in the U.S...

GM Making Money

November, 5, 2018|

GM Profit Jumps

General Motors Co. reported surprisingly strong third-quarter profits Wednesday, as it also said it offered buyouts to thousands of salaried workers to cut costs amid slowing sales in the global car business. The No. 1 U.S. auto maker by sales reported a 25% jump in its third-quarter operating profit...

Apple Guides Lower

November, 2, 2018|

Apple’s Mixed Results

Apple Inc. reported its fourth consecutive quarter of record revenue and profit, as the combination of higher iPhone prices and strong app-store sales propelled the technology giant to its best year ever. But the world’s most valuable company offered guidance for the current period that disappointed many investors and said it would stop reporting unit sales for its products...