A Turbulent Year May Lie Ahead—CEOs at Davos Are Optimistic

[ad_1] DAVOS, Switzerland—CEOs and business leaders gathered at the World Economic Forum are feeling increasingly confident about the U.S. economy and the strength of consumer demand, despite protracted conflicts around…

Frasers Property Owners Could Sell Company as Part of Strategic Review

[ad_1] Updated Jan. 10, 2024 1:29 am ET Frasers Property’s majority owners could sell the company or some of its assets as part of a strategic review, people familiar with…

Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief

[ad_1] Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles. The fashion subscription company on Tuesday said the turnaround plan…

Newell Brands to Cut 7% of Office Roles, Reduce Footprint

[ad_1] Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment. The Atlanta-based maker of Rubbermaid and Sharpie said it…

Radio Broadcaster Audacy Files for Bankruptcy

[ad_1] Jan. 7, 2024 10:27 am ET|WSJ Pro Audacy filed for bankruptcy Sunday, succumbing to a steep decline in radio advertising. The Philadelphia-based broadcaster filed a chapter 11 petition in…

WSJ News Exclusive | News Startup Puck Taps Former Twitter Customer Chief as CEO

[ad_1] Puck tapped the former Twitter executive Sarah Personette as chief executive officer of the news startup, where she will be tasked with shepherding its expansion into new coverage areas…

Nation’s Biggest Hospital Landlord Suffers New Losses

[ad_1] Medical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which had fallen behind on its rent,…

Investors Have Cut China’s Internet Giants Down to Size

[ad_1] Updated Dec. 31, 2023 12:20 am ET HONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023.  After a…

Choice Hotels Launches Hostile Bid for Wyndham

[ad_1] Updated Dec. 12, 2023 7:05 am ET Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts, after repeatedly being rebuffed in its effort to strike…

Former CNN Boss Jeff Zucker Eyes Unlikely Next Role: British Media Mogul

[ad_1] Jeff Zucker ran NBC’s “Today” show as a young executive producer and was CNN’s boss for nearly a decade. Now, the television veteran is angling for a very different…