Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and … Read more

Twitter Workers Say Farewell After Musk Ultimatum Over Terms of Employment Passes

Tech Company follows up with practical details after billionaire challenges remaining employees to be ‘hardcore’ or leave: ‘This is not a phishing attempt’

Amazon Set to Lay Off Thousands of Corporate Workers

Amazon Set to Lay Off Thousands of Corporate Workers

Investors may be whistling past the graveyard of a recession with latest rally in stocks

Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for the dangers that still lurk ahead. The surge in stocks catapulted the S&P 500 index SPX, +0.92% almost back to the 4,000 mark on Friday, … Read more

Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

WSJ News Exclusive Tech Layoffs are to begin on Wednesday morning, the CEO told hundreds of executives on Tuesday

Fed says it may hike interest rates at slower pace, but destination is now 5% or higher

The Federal Reserve on Wednesday approved the fourth straight jumbo increase in a key U.S. interest rate and signaled rates are likely to go higher than previously forecast. News of a higher terminal rate overshadowed more dovish comments from the central bank statement that it might move more slowly to better evaluate the effects on … Read more

Fed Approves Fourth 0.75-Point Rate Rise, Hints at Smaller Hikes

Economy U.S. Economy Officials signal a possible slowdown in the pace of rate rises by acknowledging how increases influence the economy with a lag

Ford Offers Choice of Severance or Performance Improvement to White-Collar Employees Deemed Underperformers

WSJ News Exclusive Autos Industry In internal email, Ford tells managers that certain staffers may take severance, rather than enroll in performance enhancement plan

Another jumbo Fed rate hike is expected this week — and then life gets difficult for Powell

First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting this week. A hike of three-quarters of a percentage point would bring the central bank’s benchmark rate to a level of 3.75%- 4%. “The November decision is a lock. Well, I would be … Read more

Credit Suisse Unveils Massive Overhaul After Staggering $4 Billion Loss

Credit Suisse the second-biggest Swiss lender after UBS, said it would cut jobs and spin off its investment banking business as it reported a 4 billion franc ($4 billion) loss for the third quarter. The company also intends to raise $4 billion by selling shares as part of what Chairman Axel Lehmann dubbed a “blueprint … Read more