Author: WSJ

Listen to article(2 minutes)WEST DES MOINES, Iowa—Ron DeSantis says he will never back down. The next three days will test that confidence.Needing a strong performance in Monday’s Iowa caucuses, the first nominating contest of the 2024 Republican presidential primary race, the Florida governor has made the state his beachhead—even if his goal is to come in second place behind Donald Trump.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Listen to article(1 minute)The two most important letters at the world’s biggest technology trade show are A and I.Among the scores of gadgets on display at CES in Las Vegas this week, hundreds if not thousands claim to be enhanced by artificial intelligence. For starters, there are:Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 12, 2024 12:27 pm ETAfter a year of right-sizing, employers are looking in the mirror and concluding there is still fat to lose. Companies including Amazon, Citigroup, Xerox, Google and BlackRock this month have announced plans to trim their workforces. Some of the companies now cutting jobs conducted larger-scale layoffs over the past year or so. Since then, inflation has come down along with expectations for a recession, which most economists anticipated as recently as the middle of last year. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The press is full of fear and trembling after Taiwan’s people on Saturday elected as president the candidate most disliked by Beijing. How about first celebrating the island nation’s demonstration of a robust Chinese democracy? Taiwanese voters elected Vice President Lai Ching-te with 40% of the vote after a rousing three-way campaign. “In the global election year of 2024, in this most anticipated first election, Taiwan has scored the first victory for democracy, ” Mr. Lai said in his victory speech. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Jan. 10, 2024 11:40 pm ETGoogle laid off hundreds of employees in several areas of the business on Wednesday, a sign of further cost reductions at the search giant as it continues to reverse a pandemic hiring spree.The cuts affected employees in divisions including those working on Google’s Assistant program, hardware and internal software tools, the company said. The exact size and scope of the layoffs couldn’t immediately be determined.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 12, 2024 12:39 pm ETListen to article(2 minutes)MILAN—When Gucci’s flagship store here reopened last month, the space was missing the baroque flourishes and jewel-toned colors that have defined the brand in recent years. Instead the look is decidedly less maximalist—all clean lines and understated tones.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 13, 2024 4:18 pm ETWASHINGTON—John Kerry is stepping down as the president’s special envoy for climate by this spring, according to a person familiar with the decision. The change comes weeks after Kerry, 80, played a key role during a recent climate conference in Dubai, helping to forge a compromise among nearly 200 countries aimed at reducing fossil fuels.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Updated Jan. 11, 2024 1:00 am ETTOKYO—China’s near-monopoly on the solar-energy market has prompted the U.S. and allies to step up the search for workarounds. Engineers believe they have found one in a type of solar cell that looks and feels like camera film.Japan is pushing the technology with subsidies and other support, a sign of how renewable energy, alongside other high-tech fields such as semiconductors, has become a geopolitical football.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 12, 2024 1:45 pm ETBERLIN—Tesla plans to halt production at its only large factory in Europe for two weeks because of a lack of parts, a sign of how the fallout from recent attacks on ships in the Red Sea is starting to ripple through the global economy.Yemen-based, Iran-backed Houthi fighters have launched successive attacks on commercial ships navigating the crucial trade route in recent months, disrupting flows of goods between Asia and Europe and threatening to widen the conflict in the Middle East.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Updated Jan. 13, 2024 2:20 pm ETWEST DES MOINES, Iowa—For those who speculate about what Vivek Ramaswamy really wants out of his long-shot Republican presidential bid—perhaps a podcast or a television contract—the wealthy biotech entrepreneur has one answer.“I expect to be the president,” he said in an interview as he crisscrossed this state ahead of the presidential caucuses Monday that will start the 2024 nomination balloting. But that expectation rests on hopes for a dramatic change in the race: Donald Trump’s departure.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link