YouTube Shuts Division for Original Programming

Google’s YouTube is folding its effort to create original programming and focusing on the millions of creators who populate the video platform with content. Chief Business Officer Robert Kyncl said Tuesday that the video platform would invest in live shopping programming, its Black Voices Fund and YouTube Shorts, its TikTok competitor. Its head of YouTube … Read more

Texas Earthquakes Prompt New Fracking Rules

Frackers in America’s hottest oil field are facing an expensive new setback: earthquakes. Shale companies in West Texas will have to pay more to move millions of barrels of wastewater that surfaces from oil wells and can aggravate tectonic fault lines when deposited underground. A recent spate of earthquakes prompted state regulators to stop companies … Read more

Loop, Suez to Build $285 Million Recycled-Plastic Factory in France

Plastic-recycling startup Loop Industries Inc. plans to build a factory in France with waste-management company Suez SA, aiming to tap demand from businesses that want to reduce their plastic waste. The Normandy plant, which will produce recycled plastic resin, is expected to begin operating in 2025 and construction is scheduled to start next year, Loop … Read more

Some Starbucks, Chipotle Sites Cut Hours, Limit Seating Over Omicron

Diners are feeling a sense of déjà vu as restaurants are again selling food for takeout only, closing dining-room seating or shortening hours as the Omicron variant of Covid-19 spreads. Chains such as Starbucks Corp. SBUX -2.23% and Chipotle Mexican Grill Inc. CMG -0.62% said they are temporarily limiting operations at individual stores or regions … Read more

People Really Want to Ski. Vail Is Racing to Keep Up.

Vail Resorts MTN 2.12% operates a growing empire of dozens of top ski properties around the world. This season it is plowing into a blizzard of problems. There were long lines for chairlifts at major Vail resorts in Colorado, Utah and California over the holidays, and angry customers aired their complaints on social media. Other … Read more

McDonald’s CEO Chris Kempczinski Is Learning to Lead in Uncertain Times

CHICAGO—McDonald’s Corp. Chief Executive Chris Kempczinski is starting the year at the helm of one of the world’s most recognizable restaurant brands battling the latest coronavirus variant, rising inflation and workforce shortages. Longer term, he is trying to figure out how to maintain growth at a company whose products feel outdated to many young consumers … Read more

Grocery Stores Cut Hours, Services as Omicron Infects Workers

Some U.S. supermarkets are reducing hours and cutting services as Covid-19’s Omicron variant infects cashiers, baggers and stockers, deepening grocery chains’ staffing challenges. Before the Omicron variant hit the U.S. Northeast, seven-store supermarket chain Stew Leonard’s was finding its way back to normal, according to Chief Executive Stew Leonard Jr. In-store customer traffic was increasing, … Read more

Covid-19 Vaccine and Test Demand Boost Albertsons and CVS Sales

Albertsons Cos. Inc. and CVS Health Corp. projected higher profits as more consumers came to the chains’ pharmacies for Covid-19 vaccinations and over-the-counter tests, executives said. Supermarket operator Albertsons said its stores benefited from vaccine demand and higher pricing, lifting profits and sales for the Boise, Idaho-based company’s latest quarter. Albertsons’ results for the period, … Read more

Restaurants Seek Federal Aid as Omicron Surge Threatens Another Hard Winter

Small restaurants are heading back to Congress for help, saying their challenges are worsening as the Omicron variant drives a surge in Covid-19 cases across the country. Nearly two years into the pandemic, U.S. restaurants and bars are dealing with higher costs, accumulating debts and customers fearful of the latest virus variants, according to a … Read more

Employers, Investors Take Notice of AI Tools to Speed Job Recruitment

A chronic shortage of workers has more employers turning to artificial intelligence to supercharge recruiting efforts, seeking an edge in an increasingly pitched battle to fill job openings. By automating previously manual tasks—like pre-screening job applicants for basic qualifications, checking for professional credentials and licenses, or scheduling follow-up interviews—employers hope to streamline the hiring process … Read more