The biggest box store on earth asked a private intelligence firm to trawl the Facebook friends of a competitor's CEO for Danish and Hungarian women, then determine if he'd slept with any of them—a request so weird that the spy company said it went too far.
People are strangers out here on the oil patch, and public conversation is terse and muted. You never know when an oil company manager or safety inspector or corporate spy is sniffing around. I learned after the first day in Williston, N.D., that my usual work uniform of an old sports coat and tie made me suspect.…
Oil wells and sheet-metal buildings are hideous things, but America the Beautiful resumes as soon as you get past the last grim RV park and last signs of our shoddy civilization. The easiest way to refresh the soul is to look on the map for a big chunk of green: a national park or preserve or forest, or in the case of…
Boomtowns don't have to be ugly. San Francisco was built during the Gold Rush, as was Sacramento and dozens of still pretty towns in the Sierra Nevada. Virginia City, home to the Comstock Lode, quickly built up neighborhoods of ornate mansions and a main street that offered everything from Oscar Wilde lectures in the…
Ken Layne, Gawker's America correspondent, is inaugurating his occasional series of reports from the field with a trip to the boom-rich oil fields of North Dakota's Bakken formation, from where he will be filing dispatches all week.
The collapse of a garment factory in Bangladesh last April— which killed more than 1,000 people— sparked a slew of promises from major retailers to reform their sourcing standards and increase safety. But as it stands today, that doesn't seem to be anywhere near happening.
The must-read capitalist profile of the week is BloombergBusinessweek's look at Costco and its CEO, Craig Jelinek. Costco is the second-largest retailer in America, after Wal-Mart. Their business practices could hardly be more different.
The disgruntled angerbeast known as Grumpy Cat is the latest non-human entity to get the honor of a Wall Street Journal "stipple" portrait. Last week, it was Ronald McDonald, a nightmare clown that stuffs hamburgers in the mouths of sleeping children.
Former Enron CEO and current jailbird Jeffrey Skilling should be out of jail in just four years, skipping nearly a decade of his prison sentence for corporate fraud and graft.
Media companies love to wrap themselves (ourselves) in the cloak of "ideas" just as much as advertising firms love to burnish themselves with the patina of "creativity." In both cases, it is self-flattery disguised as public celebration. We the media are not simply engaged in telling you stuff that happens; we are in…
If, while web-surfing at work, you ever wonder about the weather in Omaha or pine for platitudes about thriftiness and solid work ethics, take heart! A rich old man has joined Twitter to tell you things, and also to throttle world markets with RTs of Buzzfeed links, so kick back and grab a Werther's Original.
In a move that's sure to inspire thousands of sad-face GIF reposts, social-blogging site Tumblr declared Storyboard, its ambitious year-old editorial initiative, an unqualified success Tuesday night and immediately celebrated by shutting it down and canning its entire crew.
Jeff Bezos, Time magazine man of the year 1999, has invested $5 million in the news and slideshow website Business Insider. Bezos' net worth is something like $25 billion, so in real-people money, $5 million to Jeff Bezos is... about 15 bucks. But it's a lot to BI, which has raised around $13 millon so far, and will…
The cold hard truth is that kids who major in business are generally considered to be kind of dumb. Not by us, mind you, but by, you know, people in the world of business. "A business major is a big fucking waste of time," is the consensus opinion of those people that business majors will soon be asking for jobs. Now,…
The American Airlines and US Airways boards just voted to merge the companies and create the world's biggest airline.
It's about to be the worst Christmas ever for more than 11,000 Citigroup employees, who will soon be unceremoniously dumped by their Grinchly employer during the happiest time of the year.
When a hologram slightly resembling the late Tupac Shakur popped up at this year's Coachella and started rapping along to "California Love," people everywhere thought they were glimpsing into the future.
Back Alley Waffles spent only three months in business before closing, and they're blaming deals site Groupon.
If you read "the business section" or invest in a "portfolio" or are a member of or have ever gotten into an argument with a member of "the Republican Party," you're probably familiar with the argument that corporations have a moral and legal duty to act solely to grow their value for their own shareholders. If you…
Now look, before all of you undergrad business majors get all hot under your golf shirt collars and start angrily pounding on your cubicle walls and throwing around your fraternity-branded shot glasses: this is not from me, okay? This is from "The Wall Street Journal," a newspaper that you may have heard of at some…
