Howard Schultz Says Starbucks Is Seeking Fresh Blood in CEO Search

SEATTLE—Starbucks is considering only external candidates for its next chief executive officer, as interim CEO Howard Schultz said the company needs to add new talent and skills to its senior leadersh...

Chevron CEO Sees Russian Oil Output Falling After Exit of Western Firms

Russia is still finding a home for much of its oil despite expanding sanctions, but its production likely will diminish following the departure of western oil companies, Chevron Chief Executive Mike W...

Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing

At Rivian Automotive Inc.’s factory in Normal, Ill., life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s e...

Google’s Owner Paid $296,000 to a Typical Worker. Here’s What Other Firms Pay

With a booming economy and a tight job market, median pay rose last year for most S&P 500 companies, according to a Wall Street Journal analysis. Google parent Alphabet and Facebook Meta Platforms...

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

By John Stensholt and Nate Rattner May 31, 2022 7:00 am ET Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job mark...

Robots Pick Up More Work at Busy Factories

Robots are turning up on more factory floors and assembly lines as companies struggle to hire enough workers to fill rising orders. Orders for workplace robots in the U.S. increased by a record 40% du...

Boeing Changes Will Make Planes Safer, Executive Says

EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...

This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic

In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...

Apple Looks to Boost Production Outside China

TOKYO—Apple has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the discussio...

Chinese Wind-Turbine Companies Seek Global Growth as Western Rivals Struggle

TARANTO, Italy—Chinese wind-turbine makers have grown big on the back of their rapidly growing home market. Now they want to expand abroad, putting further pressure on Western wind-turbine makers, whi...

Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay

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Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year

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As Demand for Mental-Health Care Booms, Investors See Opportunities

Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king. Venture capitalists and private-equity firms are pouring billions of ...

Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall

Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers are standing pat, or even letting production decline, and instead are handing inv...

Chinese Tech Giants Quietly Retreat From Doing Business With Russia

HONG KONG—Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coer...

Social-Media Platforms Lay It On Thick

The tech industry hasn’t been shy about coining its own dubious metrics over the years. But lately, even the basic ones aren’t to be trusted. Social-media investors have historically focused on two ke...