The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: December 24, 2024
Today: December 24, 2024

Business

Business|Celebrity

Conor McGregor dropped by Proper No. Twelve, the whiskey brand he helped create

Conor McGregor dropped by Proper No. Twelve, the whiskey brand he helped create

Conor McGregor dropped by Proper No. Twelve, the whiskey brand he helped create
Business|Economy|Finance|Stock Markets|US

US core capital goods orders unexpectedly fall in October

New orders for key U.S.-manufactured capital goods unexpectedly fell in October, suggesting a moderation in business spending on equipment this quarter.

US core capital goods orders unexpectedly fall in October
Business|Economy|US

Ikea says Trump’s tariffs could push up prices

Ikea says Trump’s tariffs could push up prices

Ikea says Trump’s tariffs could push up prices
Asia|Business|Finance

VW buckles after years of pressure to sell up in Xinjiang

Volkswagen will sell its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon its presence in a region where rights groups have

VW buckles after years of pressure to sell up in Xinjiang
Business|Economy|Finance

China Oct industrial profits narrow decline, but headwinds loom

China's industrial profits fell again in October but less sharply than the previous month as deflation pressures dragged while demand

China Oct industrial profits narrow decline, but headwinds loom
Business|Technology

Samsung Electronics changes chip chiefs after Chairman Lee confronts 'crisis'

Samsung Electronics sought to inject impetus into its memory and foundry chip units by appointing new leaders on Wednesday, as it scrambles to catch

Samsung Electronics changes chip chiefs after Chairman Lee confronts 'crisis'
Business|Economy|Lifestyle|US

Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory

Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business

Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory
Economy|Environment|US

Biden's public lands director named to lead environmental group

A senior official in President Joe Biden’s administration who oversaw its contentious efforts to address climate change by curbing drilling and mining on federal lands has been named the next president of a prominent environmental group

Biden's public lands director named to lead environmental group
Business|Economy|US

Subway CEO John Chidsey is stepping down at the end of the year

Subway CEO John Chidsey is stepping down at the end of the year

Subway CEO John Chidsey is stepping down at the end of the year
Business|Europe|Finance

Over 800 European financial groups deal with firms linked to Israeli settlements, NGOs say

A growing number of European financial institutions have a business relationship with companies with ties to Israeli settlements, according to a study by civil society

Over 800 European financial groups deal with firms linked to Israeli settlements, NGOs say
Asia|Business|Economy|Environment|Finance

Adani's 'renewable energy marvel' trapped in U.S. bribery indictment

Betting big on the clean energy goals of Indian Prime Minister Narendra Modi, billionaire Gautam Adani found backers in France's

Adani's 'renewable energy marvel' trapped in U.S. bribery indictment
Asia|Business|Economy|Finance|Stock Markets

Affinity buys two Southeast Asian companies for $1.65 billion, sources say

Affinity Equity Partners, a Hong Kong-based buyout firm, has concluded two acquisitions in Southeast Asia worth a combined $1.65 billion,

Affinity buys two Southeast Asian companies for $1.65 billion, sources say
Business|Technology

Huawei launches Mate 70 smartphone as new US chip curbs loom

Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, bolstering its premium smartphone comeback while showcasing its own

Huawei launches Mate 70 smartphone as new US chip curbs loom
Business|Economy|Finance|US

Walmart to roll back some diversity policies amid pressure from conservatives

Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat

Walmart to roll back some diversity policies amid pressure from conservatives
Asia|Economy|Finance|Stock Markets|US|World

Stock market today: Wall Street hits records despite tariff talk

U.S. stocks rose to records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street

Stock market today: Wall Street hits records despite tariff talk
Asia|Economy|Finance|US

China's yuan slides to four-month low on Trump's tariff promise

The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S.

China's yuan slides to four-month low on Trump's tariff promise
Business|Finance|Technology|US

Commerce Department to reduce Intel's funding on semiconductors

The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations

Commerce Department to reduce Intel's funding on semiconductors
Business|Economy|Finance

Citigroup awards special retention bonuses for dozens, Bloomberg News reports

Citigroup's wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported

Citigroup awards special retention bonuses for dozens, Bloomberg News reports
Business|Economy|Europe

German business sentiment falls more than expected in November, Ifo finds

German business morale fell more than expected in November in further bad news for a country set to be the worst performer among the Group of Seven (G7) rich

German business sentiment falls more than expected in November, Ifo finds
Asia|Business|Technology|US

China welcomes Nvidia's continued presence, pledges better environment for foreign firms

China welcomes the presence of Nvidia and aims to build a better business environment for foreign firms, its vice commerce minister told an executive of the U.S. chip maker at a

China welcomes Nvidia's continued presence, pledges better environment for foreign firms
Asia|Business|Finance

Stock market today: Dow hits another record as stocks rise

U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way

Stock market today: Dow hits another record as stocks rise
Business|Finance|Stock Markets|US

Stocks climb with bonds, dollar dips as markets cheer US Treasury pick

MSCI's global equities gauge rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the incoming U.S

Stocks climb with bonds, dollar dips as markets cheer US Treasury pick
Economy|US

US SEC issues summons for India's Adani, nephew on bribery allegations

The U.S.

US SEC issues summons for India's Adani, nephew on bribery allegations
Business|Europe|Finance

Thyssenkrupp: expert opinion gives positive view for steel business

An expert opinion on the financial needs of Thyssenkrupp's crisis-hit steel division has given a positive view on its ability to continue as a going concern, the parent

Thyssenkrupp: expert opinion gives positive view for steel business