The Wall Street Journal
Local Insights, Global Perspectives: Get world-class reporting of The Wall Street Journal right here on Bangkokpost.com.
Local Insights, Global Perspectives: Get world-class reporting of The Wall Street Journal right here on Bangkokpost.com.
Usually the Davos crowd herds together on markets and the economy at the World Economic Forum in Switzerland.
Old Navy is scaling back an attempt to make women's clothes more inclusive for all body types, after demand for the larger sizes fell short and the chain didn't have enough middle sizes.
Apple Inc. is boosting pay for workers amid rising inflation, a tight labor market and unionization pushes among hourly store employees.
Elon Musk is committing more of his wealth to finance his $44 billion deal for Twitter Inc. and seeking additional financial backers amid a sharp decline in Tesla Inc. stock in recent weeks.
For years authorities on this small island in the English Channel have tried to clean up its image as a tax haven for the super rich, marketing it as a well-governed offshore financial center enshrined in the rule of law.
The top 50 richest people in the world have lost more than half a trillion dollars on paper this year, a stunning loss of wealth that exceeds the gross domestic product of Sweden and is greater than the market caps of all but six companies in the S&P 500.
The European Central Bank is likely to increase its key interest rate, currently negative, to zero by September and could continue raising rates after that, president Christine Lagarde said, signaling the end of the ECB's eight-year experiment with negative rates amid record-high inflation and concerns about the weakness of the euro currency.
The Federal Reserve's plans to raise interest rates aggressively to combat high inflation could have an overlooked and uncomfortable side effect for the central bank: capital losses.
Old Navy set out to make clothes shopping more inclusive for women of all body types. It ended up with too many extra-small and extra-large items and too few of the rest, a mismatch that frustrated customers and contributed to falling sales and a management shake-up.
Simply feeling relaxed on vacation doesn't cut it anymore for a growing number of travelers.