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February 27, 2021
Beyond Meat Signs Supply Deals With McDonalds, Yum 3 Partnerships with fast-food giants set to take meat alternatives further into the dining mainstream published : 27 Feb 2021 at 04:00 3 A sign promoting McDonalds "PLT" burger with a Beyond Meat plant-based patty at one of 28 test restaurant locations in London, Ontario, Canada. Beyond Meat Inc. said it struck deals to supply plant-based meat imitations to McDonalds, KFC and Pizza Hut, a vi...
February 27, 2021
Spring is almost here, and if your escape fantasies run to more than a short drive to Aunt Susies in the Poconos, odds are youll be booking a Covid-19 test along with your air tickets. Many destinations -- Hawaii, Maine, most of the Caribbean and even Aspen, Colorado -- will let you avoid a quarantine if youve recently tested negative for the virus. But you might need to submit to multiple tests during your getaway. A post-arrival screen is required in some places, including Bermuda, the Bahama...
February 26, 2021
Visa Inc. and Mastercard Inc. are planning to raise swipe fees for some types of credit-card purchases in April, adding to the squeeze felt by restaurants, retailers and other merchants already struggling through the Covid-19 pandemic.
February 24, 2021
HSBC Sharpens Focus on Asia Banking giants earnings tumble 35% to $3.9 billion published : 24 Feb 2021 at 04:00 HSBC Holdings PLC, one of the worlds largest banks, said yesterday that it would pour about $6 billion of extra investment into Asia in the next five years, as it doubles down on its core business. The London-based bank, which makes most of its profit in Hong Kong and mainland China, also said that earnings fell 35% to $3.9 billion last year as the coronav...
February 22, 2021
Jeff Immelt on the Humbling of GE 1 Jeff Immelt on the Humbling of GE In a new book, the former head of the once-mighty company admits he made mistakes but argues he faced bad news almost every day published : 22 Feb 2021 at 04:30 1 Jeff Immelt is photographed near his home in Kiawah Island, S.C. on Feb 11.โKatie Charlotte for The Wall Street Journal In the summer of 2001, weeks before Jeff Immelt became CEO of General...
February 20, 2021
Robinhood Markets Inc. Chief Executive Officer Vlad Tenev offered an apology for the company's decision to temporarily curb trading in some stocks, including GameStop Corp., on Jan. 28 amid extraordinary volatility.
February 20, 2021
29 A person about to use the Quibi app on a smart phone in Los Angeles. Roku said it is expanding its library with shows from Quibi. Roku Inc. reported a 58% increase in revenue during the holiday quarter, as the streaming-media service continued to benefit from customers watching more entertainment while stuck at home during the Covid-19 pandemic. "We think the pandemic has accelerated, and permanently changed the curve on, the shift to streaming," Roku Chief Executive...
February 19, 2021
Chung: Grandson ofHyundais founder When Hyundai Motor Groups new chairman Chung Eui-sun took over last fall, he outlined a bold road map for a future where flying vehicles and robots make up as much business as typical gas-guzzling cars. A few months later, he would get a big opportunity to reshape the company along his stated design: a potential deal with Apple Inc. to build driverless cars. Investors cheered a promising union between Apple, the worlds most valuable co...
February 16, 2021
European Banks Use the Pandemic to Clean House European Banks Use the Pandemic to Clean House Long resistant to change, Germanys Commerzbank and others are slashing jobs, closing branches and forcing customers online published : 16 Feb 2021 at 04:00 Commerzbank plans to cut almost half of its bricks-and-mortar presence.โBloomberg European banks are using the pandemic to make changes investors have wanted for years: sla...
February 15, 2021
7 From pilotless jets engaging in dogfights to huge undersea vessels ferrying troops, the Pentagon is pushing to increase the U.S. militarys use of automation. Defense moves are outpacing commercial automation efforts in the air, on the ground and beneath the waves as officials seek to counter American adversaries technological advances, according to current and former national-security and industry officials. That progress -- highlighted in cockpits managed primarily by computers, totally auto...