China’s official gauges measuring services, manufacturing and construction activity all rebounded sharply in January as the nation recovered quickly from a surge in COVID infections in the wake of a sudden reopening at the end of last year.
Economic Report: IMF says it’s less gloomy as global growth forecast nudged higher
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.
The Wall Street Journal: Samsung operating profits sink 69% in fourth quarter on weaker demand
Samsung Electronics Co.’s fourth-quarter operating profits slumped as the company’s mainstay memory-chip and smartphone businesses grappled with a sharp drop-off in demand and high inventories.
: Paramount+ and Showtime to integrate content and rebrand the combined service later this year
Media giant Paramount Global Inc. on Monday announced it plans to merge its Paramount+ streaming service with its premium cable channel, Showtime.
: Apple execs violated labor law after remarks that interfered with addressing workplace issues, NLRB finds
U.S. labor officials found that Apple Inc. executives ran afoul of labor law, after they made remarks and set rules that allegedly chilled employee efforts to address workplace issues.
: DoorDash CEO and other co-founders to sell millions of shares, stock falls
DoorDash Inc.’s three co-founders will sell millions of shares in the company beginning next month, the company disclosed Monday.
Economic Preview: The employment cost index moves from obscurity to center stage as recession looms
The fate of the economy in 2023 — and whether the U.S. has a recession — may depend on obscure report on worker pay that only comes out four times a year.
Earnings Results: NXP Semiconductor stock falls as outlook comes up short of expectations
NXP Semiconductors NV shares dropped in the extended session Monday after the chip maker’s quarterly forecast fell short of Wall Street expectations.
Living With Climate Change: Here’s why a record-setting lack of snow in New York City is pretty chilling
New York City has a new streak for delayed snowfall but there are implications to unseasonably mild weather.
Earnings Results: Whirlpool sees windfall from cost cuts, ‘easing’ raw-materials inflation
Whirlpool Corp. saw its quarterly sales drop, but the appliances maker told investors too expect a windfall this year from cost cuts and “easing” raw-materials inflation.