Bloomingdale's Joins Smaller-Store Trend With Bloomie's Launch

Department stores like Nordstrom Inc. and Macy’s Inc. have been experimenting with smaller locations as many of their traditional, cavernous stores have been crushed by competition from online shopping. Now Bloomingdale’s, a unit of Macy’s, is getting into the act. At the

Tesla Poised for Record Earnings

Tesla Inc. is expected to report a record quarterly profit, largely evading the effects of a global chip shortage that has constricted the global auto industry. The Silicon Valley electric-car maker produced more than 206,000 vehicles in the second quarter, more than

Intel Is Poised for Earnings Drop

Intel Corp. INTC 1.79% is expected to post a drop in second-quarter earnings as Chief Executive Pat Gelsinger works to turn the chip giant around amid a global semiconductor shortage. Mr. Gelsinger, since he rejoined Intel in February, has committed to establishing

Didi's China Probe Adds to Business Challenges at Home and Abroad

SINGAPORE—China’s regulatory action against Didi Global Inc. threatens to impinge on the Chinese ride-hailing behemoth’s growth as it faces increasing competition at home and struggles to expand into new countries and new lines of business. While the Beijing-based company’s U.S. initial public

SoftBank Backs Facial-Recognition Startup Despite Privacy Concerns

SoftBank Group Corp. is leading an investment in AnyVision Interactive Technologies Ltd. that values the facial-recognition company at over $1 billion, according to a person familiar with the matter, underscoring its commitment to the technology despite pushback over privacy concerns. The Tel

Signing Bonuses of $1,000—and Up—Are the New Norm

Signing bonuses are usually reserved for professional athletes and a privileged few white-collar professionals. Not this summer. As U.S. employers’ search for hires increases in urgency—especially in the manufacturing, logistics, healthcare and food-service industries—truck drivers, hotel cleaners and warehouse workers are being