The automaker’s CFO and North America chief are stepping down amid its U.S. troubles.
Category: News
Nike Names New Head of North America in Push to Fix Core Business
The naming of Tom Peddie as Nike’s general manager of North America comes days ahead of incoming Chief Executive Elliott Hill’s first day on the […]
Teva Pharmaceuticals to Pay $450 Million to Settle Kickback Allegations
The payment is to resolve allegations that the generic drug manufacturer submitted false claims and violated a federal law that prohibits the payment of kickbacks […]
This Chinese Miner Dominates Global Cobalt Supply. The U.S. Is Crying Foul.
With its rapid expansion in Africa, CMOC has seized the lead position in the metal used in EV batteries and weapons.
Companies Are Scrapping or Rolling Back DEI Grants
A pullback in aid for Black- and Hispanic-owned small businesses follows litigation from activists.
Chinese Brokerages’ Merger Details Power Their Shares Higher
Shares of Guotai Junan Securities and Haitong Securities rose sharply after releasing details of their merger to form China’s biggest brokerage.
McDonald’s Is Bringing Chicken to the Big Mac
The twist on the flagship sandwich shows how fast-food companies are adding more of the protein to their menus.
Marriott to Improve Data-Security Practices, Pay $52 Million in U.S. Settlements
The hotel operator agreed to pay a penalty and implement enhanced data-security practices as part of separate settlements with the FTC and U.S. states related […]
GSK to Pay Over $2 Billion in Bid to End Most U.S. Zantac Lawsuits
GSK agreed to pay more than $2 billion to settle almost all remaining liability cases in the U.S. over allegations its discontinued heartburn medicine Zantac […]
Financial Services Roundup: Market Talk
Read about UniCredit, Commerzbank and more in the latest Market Talks covering Financial Services.