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Corporate/Industrial News
DoorDash Battles Restaurants Over Delivery Markups
Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link
The Man Who Has Detroit, Wall Street and the White House on Edge
United Auto Workers President Shawn Fain is throwing out the traditional union playbook and preparing for a strike, possibly against three automakers at once. Source
Tesla Leads Race to Draw Federal Money for Charging Networks
Elon Musk’s company is beating out rivals to win millions of dollars in grant awards. Source link
U.S. Arms Makers Look Overseas to Boost Stockpiles
With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link
To Pay for Weight Loss Drugs, Some Take Second Jobs, Ring Up Credit-Card Debts
Some people are paying more than $10,000 a year for Ozempic and Mounjaro. Source link
Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link
Walgreens Chief Executive Steps Down
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link
Amgen's Deal for Horizon Therapeutics Clears Key Hurdle
The Federal Trade Commission said it had agreed to end its legal challenge of the $27.8 billion deal. The pact also dismisses the antitrust claims
Spectrum Customers Lose ESPN as U.S. Open, College Football Heat Up
Charter Communications subscribers are caught in the middle of a philosophical fight between the cable giant and Disney, parent company of ESPN, ABC and several
A Private Phone. Secret Recordings. Inside One CEO's Relationship With a TV Anchor.
Under Armour’s Kevin Plank shared nonpublic financial details with Stephanie Ruhle, and she gave advice on how to address negative publicity. Source link