Business News

  • The Global Garment Trail: From Bangladesh to a Mall Near You
    The fatal factory-building collapse exposes the complexities of a global supply chain in which retailers assemble sprawling networks of contractors and middlemen.
  • Investors Push Out Powerful Oil Boss
    One of the highest-paid corporate executives in the country lost his job Friday, as investors at Occidental Petroleum made Executive Chairman Ray Irani the latest victim of a rising wave of shareholder activism.
  • Buffett Investors Arrive in Good Spirits
    As Berkshire Hathaway investors descend on Omaha for the annual meeting, they have cause for good spirits: the company’s shares are up 33% since last year’s event.
  • Employers Push Back on Health Law Trigger
    Employers are putting increasing pressure on lawmakers to peel back a piece of the federal health-care law that requires firms provide insurance to employees working 30 hours a week or more.
  • U.S. Helps Indie Rock Drum Up Fans Abroad
    The U.S. government is stepping in to help the music business, funding trade missions to Brazil and Asia for a dozen independent music labels, and represent acts such as the Black Keys and Sonic Youth.
  • Overcapacity, Fuel Costs Hit Shipping
    The owners of the world’s containerships make globalization a reality. Their fleets transport 90% of world trade in manufactured goods, but most of the biggest shippers lost money in 2012 amid excess tonnage and high fuel prices.
  • Wal-Mart Ads Tout 'American Success Story'
    Facing criticism over bribery allegations, worker protests and conditions at the foreign factories that make its goods, Wal-Mart aims to burnish its image with a feel-good advertising campaign.
  • The Man at the Center of Suntech's Fall
    Suntech’s collapse has largely been blamed on a plunge in solar-panel prices, but the China-based company was also hit by questionable practices of management and its founder, Zhengrong Shi.
  • Talks for Thyssen Plants Heat Up
    ThyssenKrupp is in talks with Brazilian steelmaker CSN over the sale of its two unprofitable steel plants in the Americas for more than $3 billion.

Digest powered by RSS Digest