Rupert Murdoch to Step Down as Chair of Fox and News Corp After Seven-Decade Career

Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman…

Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales

A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec. 9,…

Amazon Tries to Give Hardware an AI Shine

Generative AI is coming to Alexa devices, but AWS will prove to be the real battleground.

AutoZone’s Professional Business Needs a Tuneup

Growth has slowed in sales to auto-repair shops.

Talks Resume in Detroit Amid Threat of Expanding Strike

Wages remain focal point, and investors already are sizing up the potential hits to the automakers’…

China’s Moutai Wants to Satisfy All Your Cravings

The company is diversifying from liquor into chocolates and other goodies. The new offerings might not…

San Francisco Office Market Shows Signs of Life

Sales are slowly materializing as some sellers are finally accepting much lower prices.

The Tech Trade Is Showing Cracks. Higher Rates for Longer Spell More Trouble.

Technology stocks have powered the 2023 market rally—and become increasingly expensive in the process.

Instacart IPO Is an Expensive Lesson for Venture Firms

The grocery-delivery company is set to deliver significant paper losses to many of the private investors…

UAW Strike Exposes Detroit’s Dysfunction

GM, Ford and Stellantis can afford a much bigger walkout than the United Auto Workers union…