Thomas Kurian, a top Oracle Corp. executive leading efforts to expanding its cloud-computing business, said he is taking “extended time off” from the company.
Legislation extending tax cuts beyond 2025 won’t have significant practical effect on individual tax returns until today’s sixth-graders are in college. But Republicans see advantages in voting now.
New York Fed leader John Williams said the prospect of a yield-curve inversion by itself wouldn’t be enough to stop him from supporting further rate rises if he thought the economy called for them.
Apple received the EU’s approval to acquire Shazam, one of the tech giant’s most prominent deals in years and one that will help its music business battle Spotify for streaming-music subscribers.
Saudi Arabia’s national oil company is considering a $1 billion fund to invest in international technology firms, as the kingdom deepens efforts to diversify its economy.
The independent board members of CBS are negotiating the exit of CEO Leslie Moonves and asking for assurances of autonomy from controlling shareholder National Amusements.
Same-store sales at Barnes & Noble declined in the latest quarter as the bookseller reported a wider loss.
Destroying unsold inventory is a widely used but rarely discussed technique that luxury companies perform to maintain the scarcity of their goods. But British fashion house Burberry said it would stop burning its unsold inventory.
The number of Americans filing applications for new unemployment benefits fell at the end of August to a nearly five-decade low, as managers face difficulties finding qualified employees.
U.S. worker productivity rose this spring at the best pace in more than three years, newly revised numbers confirmed.
Some Whole Foods employees want to unionize to address what they say are changes to corporate culture and diminished compensation under Amazon’s ownership.
The Benetton family was known in Italy for colorful sweaters and provocative advertisements, but that changed when a highway bridge collapsed in Genoa last month.
An increase in the fees the court system is charging companies for going through the bankruptcy process is pushing the cost of such a protection to an unaffordable level for businesses, which already are struggling between reorganization and shutting down.
When JD.com’s billionaire founder and CEO Liu Qiangdong was arrested last week on suspicion of rape, his company’s board wasn’t allowed to hold a formal meeting without him present, demonstrating his tight control over his company.
First a PC company and now a trillion-dollar iPhone company, Apple is in search of its next big thing. Columnist Christopher Mims is placing his bet on a small but thriving component of Apple’s portfolio: wearables.
Novartis said it would sell parts of its Sandoz generic-drugs business in the U.S. in a deal worth up to $1 billion, the latest move by its new chief executive to refocus the Swiss pharmaceuticals giant.