The U.K.’s Groceries Code Adjudicator said that fewer than half of Amazon’s suppliers felt the e-commerce giant complied with the agency’s code of practice, according […]
Category: Business
Delta’s Sagging Profit Signals Trouble for Airlines This Summer
Airports are attracting record traffic, but higher costs and discounted fares are expected to weigh on carriers.
Costco to Lift Membership Fees for First Time in Seven Years
The annual fee will rise to $65 from $60, with the increase effective Sept. 1.
BMW Recalls More Than 394,000 Vehicles Over Air-Bag Problem
The German premium carmaker is recalling the vehicles in the U.S. to fix potentially faulty air-bag inflaters that pose a risk of exploding.
Intuit to Cut, Then Hire, 1,800 Workers in Pivot Toward AI
The tax-preparation software maker said it will cut jobs and close two worksites in North America as it prepares for a hiring spree in its […]
Shell, BP and TotalEnergies Invest in Major Abu Dhabi LNG Project
European energy giants Shell, BP and TotalEnergies have signed deals to invest in Abu Dhabi’s Ruwais liquefied natural-gas project, set to boost the Gulf nation’s […]
OECD Urges Action to Tame Lobbying as Industrial Policy Takes Hold
Overhauls that make markets more competitive and open have largely stalled over the last half-decade, while a new focus on industrial policy makes it more […]
FTC to Sue Drug Managers Over Insulin Prices
Preparations to sue follow a two-year probe into whether the firms steer patients away from less-expensive medicines.
Shein to Address Fashion Industry Waste Ahead of Potential Listing
Online fast-fashion giant Shein will invest about $270 million in the U.K. and Europe over the next five years to address industry waste as it […]
Volkswagen Cuts Margin Outlook on Audi Plant Closure
The German car manufacturer trimmed its guidance for 2024 operating return on sales due to the potential Brussels closure and other unplanned expenses.