Wall Street Journal
Commercial News
12/5/20
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.
Sanford Health Deal Collapses After CEO's Exit
The proposed merger of Utah?s largest hospital system with Midwestern giant Sanford Health has collapsed, the latest deal to fall apart in the consolidating sector.
Barnes & Noble's New Boss Tries to Save the Chain---and Traditional Bookselling
CEO James Daunt, having already fixed a big U.K. book chain, has laid off once-powerful managers, overturned relationships with publishers and renovated stores in favor of a more local approach, including a focus on the smallest details. He believes the survival of bookstores is on the line.
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.
