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Oct. 29, 2023 11:36 am ET SINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said.  In mid-October, managers were told by senior management and staff in human resources that they needed …

Shares of technology companies fell to close out a volatile week. Across the U.S. and beyond, companies, governments and households that bulked up on computers during the pandemic are drastically scaling back. PC and chip makers say the market slump is hitting their results, often harder than expected. Cloud-computing company Nutanix is exploring a sale …

Shares of Microchip Technology Inc. MCHP, +4.63% rallied 4.63% to $58.75 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.50% rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 31,384.55. This was the stock’s second consecutive …

A homeless man holds a sign asking for money by an entrance to a subway station in New York, Oct. 9, 2015. Photo: Mark Lennihan/Associated Press Tucked away in the gun law President Biden just signed is a provision increasing funding for preventive outpatient treatment for mental illness. This is an important step toward solving …

ISTANBUL—NATO membership for Finland and Sweden, potentially among the most dramatic shifts in European security policy in decades, now depends largely on the decision of one man: Turkey’s President Recep Tayyip Erdogan. Mr. Erdogan’s decision to block a speedy entrance for the two countries into the North Atlantic Treaty Organization has opened the door to …

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Text size The supply-chain crisis hasn’t eased up for Cardinal Health. Dreamstime More than two years into the pandemic, the supply-chain crisis hasn’t eased up for Cardinal Health , a distributor of drugs, and maker of medical supplies. Shares were down 5.1% on Thursday after the company reported fiscal-third-quarter earnings that missed Wall Street expectations, …

HSBC, Europe’s most valuable bank, makes most of its money in Asia but is headquartered in the U.K. Now its largest shareholder, China’s Ping An Insurance, is pushing for strong measures to rectify this unwieldy arrangement—including a potential spinoff of the Asian business. HSBC is involved in a major restructuring effort to tilt its business …

Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a tweet on Friday night. Musk said he believes Gates has sold short $500 million shares of Tesla (ticker: TSLA), …

It doesn’t bode well for any film, let alone “Fantastic Beasts: The Secrets of Dumbledore,” a fantasy adventure that cost at least $200 million to produce, when its opening salvo—the scene that’s supposed to grab you, pull you in and prepare you for further delights—finds two grim-faced gents at a restaurant table staring at a …