Workday Inc., a maker of software for business tasks such as human resources, named board member Carl Eschenbach co-chief executive officer and said he will become sole CEO after Aneel Bhusri steps down from the post to become executive chairman in January 2024.
(Bloomberg) — New Zealand consumer confidence fell to a record low, mirroring a slump in business sentiment, as the central bank raises borrowing costs and predicts a recession next year.
The largest US oil company, Exxon Mobil Corp., has surpassed electric-vehicle giant Tesla Inc. in market value for the first time since 2020 as investors sell high-growth stocks and buy up value stocks in the energy sector.
The writer who sued Donald Trump for defamation over his claim that she falsely said he raped her in a Manhattan department store was pressed on her accusation by his lawyer during a long-awaited deposition.
The world’s third-largest carmaker isn’t from the US, Japan or Europe, at least not anymore. It’s South Korea’s Hyundai Motor Co.
Mat Ishbia, the billionaire chief executive officer of United Wholesale Mortgage, is close to taking control of the National Basketball Association’s Phoenix Suns in a deal that would shatter the league’s record purchase price.
TC Energy Corp. pushed back the full return of its Keystone oil pipeline by a week after a 14,000-barrel oil spill shut the critical conduit, according to people familiar with the matter.
Oil rose in a session marked by waning liquidity ahead of the holiday season, supported by a softer dollar and a potential boost in energy demand after China abandoned its Covid Zero policy.
The European Union approved Germany’s nationalization of two major gas companies with a long list of conditions requiring both firms to sell off assets and subsidiaries.
(Bloomberg) — JPMorgan Chase & Co. has been advising a Tallahassee, Florida pension fund for free because of a $1,000 contribution that an executive at the bank made for the re-election campaign of that city’s mayor.
