Canada’s labor minister says freight rail operations to resume “forthwith.”
Category: Business
Skydance Demands That Paramount Stop Negotiating With Edgar Bronfman
In a letter from its lawyers, Skydance accuses Paramount’s committee of directors of violating the terms of its deal.
Partner of Ex-FTX Executive Indicted on Campaign-Finance Offenses
Federal prosecutors charged crypto lobbyist Michelle Bond with conspiring with her romantic partner, former FTX executive Ryan Salame, to illegally fund her failed 2022 congressional […]
Air Canada Pilots Give Union Strike Mandate
The Air Line Pilots Association, which represents more than 5,400 pilots at the flag carrier, said 98% of the pilots voted in favor of authorizing […]
Nestlé CEO Is Leaving Company Amid Slowing Sales Growth
The move comes after Mark Schneider, chief executive for the last eight years, decided to step down from his roles as CEO and member of […]
U.S. Regulators Close Probe of GM’s Cruise Self-Driving System
Federal auto-safety regulators have ended an investigation into the autonomous-driving system used by General Motors’ driverless-car business after a recall resolved concerns around inappropriately hard […]
PG&E Is Racing to Stem Increasing Fires Ignited by Its Power Lines
The California utility company has reported to state regulators 62 ignitions in high-threat fire areas so far this year, compared with 65 for the entirety […]
Arch, Consol to Combine Into $5.2 Billion Coal Giant
Arch Resources and Consol Energy have agreed to combine in an all-stock merger of equals to create a new $5.2 billion entity called Core Natural […]
McDonald’s to Invest $1.30 Billion in U.K., Ireland Over Next 4 Years
The company said it plans to open more than 200 new stores plans to upgrade and reimagine over 1,500 existing restaurants in the U.K. and […]
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories dropped more than expected last week as refineries increased their capacity use, according to data released by the U.S. Energy Information […]