Author: WSJ

Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is staking its future on private brands.The different directions are part of companies’ bids to stem steep subscriber losses in recent months and declines in their stock-market valuations. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Bernardo Arévalo is set to take office Sunday as president of Guatemala with pledges to tackle the corruption and poverty that have fueled a wave of migration to the U.S., but an open confrontation with the country’s judiciary risks putting his plans in jeopardy.The 65-year-old center-left sociologist has been locked in a monthslong tussle for power with the country’s establishment since emerging as a surprise front-runner in last year’s election campaign. His win in August has been marked by allegations of fraud against him and his party led by Guatemalan Attorney General Consuelo Porras and several prosecutors.Copyright ©2024 Dow Jones & Company, Inc.…

Updated Jan. 11, 2024 4:55 pm ETEBay agreed to pay a $3 million criminal penalty after employees engaged in a harassment campaign against two bloggers for their coverage of the company, including mailing them live cockroaches and a fetal pig. The e-commerce giant was charged with two counts of stalking through interstate travel, two counts of stalking through electronic communications services, one count of witness tampering and one count of obstruction of justice. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

For nearly 40 years, The Wall Street Journal’s Economic Forecasting Survey has helped readers better understand the direction of the U.S. economy by publishing consensus forecasts from a panel of academic, business and financial economists. On this page, you’ll find general information about the survey, details on how often and when we conduct it, plus links to stories and downloadable archival data in Excel spreadsheets. When and How Often Does the Journal Conduct the Survey?The survey’s frequency has changed over time. As of April 2021, we conduct it quarterly—in January, April, July and October—although we conduct brief surveys in between…

Updated Jan. 11, 2024 5:10 pm ETInternational Flavors & Fragrances tapped J. Erik Fyrwald to succeed Frank Clyburn as its next chief executive officer.The company, which manufactures flavors and fragrances used in food, beverage, personal-care and household products, also appointed Fyrwalk to the board. The CEO and board appointments are effective Feb. 6.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 14, 2024 12:01 am ETTAIPEI—For eight years, China has raged against Taiwan’s ruling party, accusing it of pursuing a separatist agenda that must be confronted with economic muscle and shows of military might.On Saturday, Taiwanese voters handed the Democratic Progressive Party another ringing victory, all but ensuring that those tensions will persist—or even intensify—over the next four years, and cementing the island’s status as a flashpoint between Washington and Beijing.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

IF IT WERE up to my laptop’s webcam, I’d look like a potato on video calls. To make sure I don’t, I often spend the better part of an hour setting up for a 15-minute check-in. I’ll use floor lamps to offset harsh fluorescents and stack my laptop on books to meet my colleague’s gaze. In dire straits, I’ve even set my laptop on the narrow windowsill in my bedroom. It isn’t comfortable, but the light is great.Yet, I still never look really sharp. It is a classic hardware problem—manufacturers usually outfit a laptop’s slim lid with mediocre, low-res webcams.…

The Securities and Exchange Commission has charged Shanchun Huang with allegedly inflating Future FinTech Group’s share price just before he took over as the company’s chief executive.The SEC alleged in a complaint Thursday that Huang used manipulative trading techniques in early 2020 to push the fintech firm’s share price up, with the goal of preventing it from being delisted from the Nasdaq exchange.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 14, 2024 12:01 am ETAs Ukraine girds for the third year of full-scale war against Russia’s invasion, its leaders find themselves battling on a new front: keeping allies’ attention. Since Hamas militants attacked Israel on Oct. 7, prompting an overwhelming response in the Gaza Strip and beyond, Western attention has shifted to the Middle East. Diplomats and military officials are now even more focused there as the U.S. and U.K. retaliate against attacks on shipping and naval escorts by Houthi rebels allied to Iran. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Hewlett Packard Enterprise has agreed to buy Juniper Networks, a $14 billion deal that would merge two legacy network-operations companies as they seek to capitalize on the rise of generative artificial intelligence.The Wall Street Journal reported on Monday that the companies were nearing a deal.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8