The next stage of getting workers back at their desks includes incentives like $10 to the charity of their choice — and consequences like poor performance evaluations if they don’t make the trek in.
Economists say that more drastic measures may be needed, with debt and uncertainty continuing to weigh on consumers’ willingness to spend.
In a shake-up, Joseph Tsai, an Alibaba veteran and executive vice chairman, will take over as chairman. Another Alibaba executive, Eddie Wu, will become C.E.O.
Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while the head of its domestic e-commerce unit was named CEO.
Bill Gates and other tech-industry investors are backing AI-powered startup KoBold Metals.
Websites are offering more final-sale deals, leading shoppers to commit before trying anything on.
“A carrot is a carrot is a carrot”: Wealthy consumers are scouring dollar-store aisles for bargains.
Investors have been ramping up bets against stocks—and they are getting burned.
The pessimism from investors who bet on office buildings and mass transit can be seen in market signals that are flashing red.
The reduction in the rates, which are used to set corporate loans and home mortgages, signal concern that the country’s post-pandemic rebound is stalling.