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Corporate/Industrial News
Talks Set to Resume in Detroit Amid Threat of Expanding Strike
Wages remain focal point, and investors already are sizing up the potential hits to the automakers’ bottom lines. Source link
How UAW Tossed Its Old Playbook and Pursued a Surprise-Attack Strike Strategy
Union leader Shawn Fain launched targeted approach that hits automakers GM, Ford and Stellantis simultaneously but risks uneven pain for workers. Source link
How Prime-Time TV Will Look Different This Fall
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CEO of Naspers and Prosus Steps Down
South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link
Clorox Says Cyberattack Is Hurting Product Availability, Will Weigh on Quarter
The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it caused wide-scale disruption of operations. Source link
Tesla, Saudi Arabia in Early Talks for EV Factory
The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link
Amazon Searches for Its Next Big Hit
Listen to article (1 minute) The team atop Amazon.com has been pushing for years to find what they call a “fourth pillar,” an internal shorthand
More New York Flight Cuts Expected Amid Air-Controller Shortages
Delays and cancellations could increase without flying reductions, the FAA said. Source link
Why the Twinkie Is Now Worth Billions
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The Executive Trying to Make Microsoft Smarter About AI
Chief Technology Officer Kevin Scott spearheaded the tech titan’s unlikely partnership with OpenAI. Source link