Wall Street Journal
Commercial News
12/4/20
WSJ.com: US Business
About 150 U.S. Cadillac Dealers to Exit Brand Rather Than Sell Electric Cars
Dealers have decided to part ways with Cadillac, rather than invest in costly upgrades required to sell electric cars, according to people familiar with the plans.
Glencore CEO Glasenberg to Retire After 18 Years at the Helm
Ivan Glasenberg, the longtime chief executive of Glencore, is handing over the reins of the global mining and trading giant he built, saying he would retire in the first half of next year.
Meatpacker JBS Removed At-Risk Workers from Plant Amid Virus Surge
The largest U.S. beef processor last month sent home 202 Greeley, Colo., plant workers considered vulnerable to the coronavirus, allowing them to retain their full pay and benefits.
Activision Blizzard Sues Netflix for Allegedly Poaching Its Former Finance Chief
The videogame publishing company said Netflix illegally recruited Spencer Neumann in late 2018, prompting a contract breach that disrupted business operations.
The Covid Crisis Taught David Farr the Power and Limits of Being the Boss
Nine months with Emerson Electric, a manufacturing giant, show the firm knocked off course by the pandemic. The CEO insisted on moving forward anyway. ?We have customers to serve and we can?t frickin? do it if nobody is here.?
U.S. Added 245,000 Jobs Last Month as Hiring Slowed
The U.S. economy added 245,000 jobs in November, as the unemployment rate ticked down to 6.7% the Labor Department said Friday, signaling a sharp slowdown in the labor-market recovery.
Your Covid-19 Shopping Habits Are Changing What Jobs Are Available
Most of the jobs that were added in the U.S. in November were in the transportation and warehousing industries?the ones that package, ship and deliver goods to consumers.
