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Business News

Location American Business News for 31 January 2023
Check out these renderings for an apartment building that's about to be built on top of a Los Angeles Costco A developer plans to knock down a hospital and build an apartment building with a Costco downstairs. Check out photos of the planned building.
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UBS Attracts Wealthy Clients to Help Lift Profit

Wall Street Journal - 31 Jan 2023 17:13
Switzerland's largest bank by assets attracted new customer money in the quarter, while a rival was weakened.
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Three Fundamental Principles That Great Companies Understand Sure, you need to have a great product or service. You need to have great marketing. All that's obviously the foundation. But that's not enough.
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China's Ferry Tale Taiwan Invasion Is A Legal Nightmare China's use of civilian ferries in military exercises blurs the legal distinction between civilian and military objects that makes it difficult to predict when, and if, China will invade Taiwan. It also erodes core princ...
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Mastercard Exceeded Earnings Expectations, But Will Consumer Spending Remain Resilient? Mastercard's executives are excited about 2023, but the company's investors aren't. Here's the view from both sides of the boardroom.
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"Later in the week, we're setting up the election crime unit, Steve. So everybody, stay tuned. It's going to be big," Lindell said.
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Marvel Snap has launched its Battle Mode, which lets friends compete against each other.
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Where to Next for the Experience Economy?

Retail Touch Points - 31 Jan 2023 15:20
Where to Next for the Experience Economy? Almost a quarter of a century ago, a groundbreaking article in Harvard Business Review heralded the dawn of the "fourth stage economy" -- one in which the spotlight would be shone directly on consumers' expectations of i...
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Eurozone Economy Outpaced China and U.S. in 2022

Wall Street Journal - 31 Jan 2023 12:48
Eurozone Economy Outpaced China and U.S. in 2022 The figures underline how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.
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Trump risks 'hush money' charges carrying up to 4 years in prison, say ex-Manhattan prosecutors "This will be a dog's fight, beginning to end," an ex-Manhattan investigations chief predicts of the looming contest between Trump and prosecutors.
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The U.S. and global economies are set to slow in 2023 as central banks ramp up their inflation fight, but the forecast is "less gloomy" compared to last fall.
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Employees Want Flexibility. Here Are Five Ways Manufacturers Can Provide It. Today's workers want jobs that fit their lives, not the other way around. Start with conversations about what your workers want, and you may be amazed at how flexible work acts as a magnet for new talent. Here are ways t...
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'Paramount+ with SHOWTIME' will be a streaming service unveiled later this year, Paramount CEO Bob Bakish said announcing the merger.      
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FTX executives discussed using Moonstone bank to offer interest-bearing crypto accounts.
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Exxon Vaults to Record Annual Profit of $55.7 Billion

Wall Street Journal - 31 Jan 2023 17:08
Exxon Vaults to Record Annual Profit of $55.7 Billion Only Apple and Microsoft so far have surpassed Exxon's fiscal 2022 profit as the oil giant capitalized on high commodity prices.
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A Deeper Understanding of Creativity at Work

Harvard Business Review - 31 Jan 2023 16:00
BetterUp’s Gabriella Rosen Kellerman and the University of Pennsylvania’s Marty Seligman on finding new paths to good ideas.
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Uber's Super Bowl Teaser Asks Sean 'Diddy' Combs to Create Another Hit Super Bowl viewers are bound to get at least one song stuck in their heads, whether it's from the halftime show or a commercial. This year, however, Uber is hoping that the earworm audiences won't be able to shake is the...
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AppLovin's mobile gaming report says customization increases player engagement, particularly in renovation and makeover games.
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Whole Foods Asks Suppliers to Lower Price

Wall Street Journal - 31 Jan 2023 14:20
Whole Foods Asks Suppliers to Lower Price The grocery chain told suppliers at a virtual summit that it wants to bring down retail prices in its store aisles as inflation moderates.
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Caterpillar Sales Rise 20% on Strong Demand

Wall Street Journal - 31 Jan 2023 14:19
Caterpillar Sales Rise 20% on Strong Demand Demand for construction and mining equipment as well as engines for transportation and energy generation stayed strong even as the company charged higher prices.
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McDonald's Sales Boosted by New Menu Offerings, Price Increases

Wall Street Journal - 31 Jan 2023 14:00
McDonald's Sales Boosted by New Menu Offerings, Price Increases McDonald's said global same-store sales were up 12.6% in the fourth quarter, but cautioned that inflation will continue to pressure its business this year.
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NPS And ENPS: Why And How To Make Measuring Count Knowing how successful you are at keeping customers and employees happy is key to keeping your finger on the pulse and continually improving.
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