Australia’s TPG Telecom agreed to sell its fixed-fiber network to Vocus, generating funds for future shareholder returns and investment into its mobile operations.
Category: News
Unions Defy Their Leadership With More ‘No’ Votes on Contracts
Fed up with inflation and seizing a moment of labor power, workers at Boeing, AT&T and Southwest reject deals negotiated by union bosses.
Seoul Semiconductor’s Patent Case Leads to LED Sales Ban in Eight European Countries
The United Patent Court’s ruling also orders German online retailer to retrieve and destroy all such LED goods already sold in the region.
America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs
Private equity is pouring money into skilled-trade small businesses; ‘Next thing you know, you’re running an empire.’
SpaceX’s Starship Cleared for New Test Flight
The FAA said requirements have been met for the next launch. The company has criticized the length of reviews.
Inside the Business of Running a Haunted House
Most don’t make it past their third year. But the successful ones have figured out a winning formula.
The Scion of the Ziploc Empire Is on a Crusade to Rein In Plastic Waste
SC Johnson’s CEO confronts a “versatile” material that has propelled the family business and is also a “profound global pollutant.”
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.
After Years of Increases, Companies Are Rolling Back Prices
Businesses that sell a range of products from IKEA sofas to Air Jordan sneakers have said in recent weeks that they have lowered prices this […]
Korea Zinc Raises Buyback Offer to Stop Takeover Bid
The South Korean company raised its share-buyback offer to frustrate a takeover bid by private-equity firm MBK Partners, in a battle for control over the […]