Walmart's Reign as America's Biggest Retailer Is Under Threat
With Amazon on its heels, the nation's biggest company by revenue is hunting for ways to continue growing.
With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.
OpenAI Co-Founder Who Helped Oust Sam Altman Leaves the Company
Ilya Sutskever, who was the startup's chief scientist, offers praise for its leaders as he departs.
Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says
The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.
PwC's New U.S. Leader Starts Early as Predecessor Heads to Citigroup
PricewaterhouseCoopers' incoming U.S. head took the reins a month and a half early on Tuesday as his predecessor prepares to exit for Citigroup and the Big Four accounting firm gears up for new global leadership.
Vanguard Names Former BlackRock Executive as CEO
Salim Ramji led BlackRock's ETF business and left in January.
Nvidia's Jensen Huang Gets 60% Pay Bump
Huang's stock awards were valued about $7 million higher than in fiscal 2023, and he received a $4 million cash bonus.
Red Lobster Preparing to File for Bankruptcy Protection This Month
The casual-dining chain is aiming to restructure agreements with landlords and creditors to reduce its debt.
Canadian Railroad's Trucking Unit Drivers Ratify Agreement
Canadian National Railway said Tuesday that truck drivers affiliated with Unifor ratified a tentative agreement with CNTL, a subsidiary dedicated to first- and last-mile trucking-container pickup and deliveries.
Google to Roll Out AI Search Summaries to Billions
Starting this week in the U.S., hundreds of millions of people will begin seeing AI overviews in Google search, as the company strengthens its embrace of generative artificial intelligence.
(END) Dow Jones Newswires
05-15-24 0115ET