Tag: Business/Consumer Services

All Passengers on Japan Airlines Jet Evacuated After Plane Collision
World

All Passengers on Japan Airlines Jet Evacuated After Plane Collision

Updated Jan. 2, 2024 7:04 am ETTOKYO—A Japan Coast Guard plane and a Japan Airlines passenger jet collided at Tokyo’s Haneda Airport but all 379 people on board the passenger jet were able to escape, Japan Airlines said.Five of the six people aboard the Coast Guard plane died in the crash, Japanese Prime Minister Fumio Kishida said. He said they were planning to deliver relief supplies to people affected by an earthquake on the Japan Sea coast on New Year’s Day.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Big Tech Braces for Wave of Antitrust Rulings in 2024 
Technology

Big Tech Braces for Wave of Antitrust Rulings in 2024 

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.Silicon Valley and its critics have seen their patience tested on some of these cases. A U.S. antitrust case brought against Alphabet’s Google unit in 2020 went to trial in 2023 and now heads to closing arguments in May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Haley Endorsement Marks Presidential Return of Koch Donor Network
World

Haley Endorsement Marks Presidential Return of Koch Donor Network

The billionaire Koch family and its network of like-minded donors are tiptoeing back into presidential politics, putting money behind their opposition to former President Donald Trump and backing an alternative candidate in the 2024 Republican primary, Nikki Haley.So far, it hasn’t committed a lot of money to its play, which is seen by some as a long-shot bid to reassert influence in a party dominated by Trump and as a way to appease donors who want to be more politically active.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Looks Cheap—but It Has Burned Investors Before
Money

China Looks Cheap—but It Has Burned Investors Before

Updated Dec. 26, 2023 12:04 am ETThe smartest strategy for investors in Chinese assets this year: Do something else.Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country’s currency. In many cases, even throwing away 5% or 10% of your cash would have been less costly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Looks Cheap—but It Has Burned Investors Before
World

China Looks Cheap—but It Has Burned Investors Before

Dec. 25, 2023 11:00 pm ETThe smartest strategy for investors in Chinese assets this year: Do something else.Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country’s currency. In many cases, even throwing away 5% or 10% of your cash would have been less costly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Greg Abel Is the Next Big Name at Berkshire Hathaway
Money

Greg Abel Is the Next Big Name at Berkshire Hathaway

Listen to article(1 minute)Berkshire Hathaway’s future chief executive officer is no Warren Buffett. Fortunately for Greg Abel, he doesn’t have to be. Buffett, the 93-year-old chairman and CEO, unwrapped one of corporate America’s longest-running mysteries in 2021 when he confirmed that Abel was his pick to succeed him in the role as CEO.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tech Hubs Are Losing the Talent War to Everywhere Else
Technology

Tech Hubs Are Losing the Talent War to Everywhere Else

Silicon Valley and other tech hubs are losing the tech talent war.Metro areas that consistently attracted huge numbers of tech workers have hit a turning point, according to fresh data from labor-market analytics firm Lightcast, crunched by D.C. think tank Brookings. The share of the nation’s tech workers who work in places such as Silicon Valley, San Francisco, Boston, New York, Los Angeles and the greater Washington, D.C. area is actually shrinking. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Lionsgate to Separate Studios Business in $4.6 Billion SPAC Deal
World

Lionsgate to Separate Studios Business in $4.6 Billion SPAC Deal

Lions Gate Entertainment has agreed to separate its studios business and merge it with Screaming Eagle Acquisition, a special-purpose acquisition company.The deal, which the companies said values the studios business at about $4.6 billion including debt, will create a new, standalone publicly traded company, called Lionsgate Studios.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
New Yelp Has Earned Its Extra Stars
Money

New Yelp Has Earned Its Extra Stars

Buying growth is rarely a cheap concept, especially for small tech companies that lack the pocketbooks of their much larger peers. Yelp knows this well. Founded 19 years ago as a pioneer in the field of online reviews for local businesses, Yelp has established an Internet advertising business now generating more than $1.2 billion a year in revenue. That is a 10-fold increase from when the company went public in 2012—and about what Google generates in ad revenue every two days. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8