The jet maker agreed to increase wages by 25% for its largest union in a four-year pact aimed at preventing a crippling strike.
Category: Business
Norfolk Southern Probing Potential Misconduct by CEO
The freight railroad said it has opened an investigation into allegations of potential conduct by Alan Shaw that is inconsistent with its code of ethics […]
Discount Retailer Big Lots Files for Bankruptcy
U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending after a postpandemic surge.
Ubisoft Investor Calls For Videogame Maker to Go Private
Shares of Ubisoft Entertainment plunged after a minority investor called for the maker of the Assassin’s Creed videogame franchise to go private and install a […]
Incoming Starbucks CEO’s Tall Order: Calming Anxious Employees
Brian Niccol takes over Monday amid turbulent times for the coffee giant.
China’s EV, Hybrid Sales Maintain Momentum
Sales of electric vehicles and hybrids continued to rise in China, despite weaker overall sales, as authorities rolled out incentives to boost EV consumption and […]
7-Eleven Parent Asks Circle K Owner to Improve Takeover Bid
Japan’s Seven & i said it would be open to discussions with the Canadian owner of Circle K stores if the latter improves its $39 […]
Entain Online Gaming Revenue Tops Forecasts
Entain said its online net gaming revenue has grown ahead of expectations so far in the second half of year, with the positive momentum of […]
Europe to Ramp Up Lithium Mining to Cut China’s Market Grip
A fleet of new lithium mines are set to open across Europe in the next few years as the European Union pushes to increase supply […]
Verizon to Acquire Frontier Communications in $20 Billion Deal
The agreement is set to significantly expand the cellphone carrier’s fiber footprint across the U.S.