Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street

For years, Wall Street has complained about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies become cash-generating machines. That’s no longer a problem, even though these tech companies are generating less profit than they did in previous years. In fact, some tech companies are essentially paying off Wall Street even … Read more

Airbus relaunches Qatar Airways order following paint dispute settlement

LONDON—Airbus EADSY 2.15% SE has agreed to revive orders for nearly 75 planes from Qatar Airways after reaching an agreement with the Middle Eastern carrier over a long-running dispute over paint peeling on its wide-body A350 models. An Airbus spokesman said it will now deliver 50 narrow-body A321s and the remaining 23 twin-aisle A350s previously … Read more

FedEx lays off more than 10% of its executives

fedex Corp. FDX 4.47% lays off more than 10% of its global management staff as the delivery company faces a slowdown in shipments. In an email to staff on Wednesday, Chief Executive Raj Subramaniam said the company was reducing the size of its executive and director ranks and consolidating certain teams and functions. The company … Read more