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Corporate/Industrial News
As Bond Market Turbulence Eases, Companies Borrow Again
Treasury yields settle at lower levels, reflecting an anticipated growth slowdown. Source link
Amazon Joins Microsoft, Google in AI Race Spurred by ChatGPT
Amazon Web Services is the latest tech company to lay out its generative AI strategy. Source link
Teck Resources Again Rebuffs Glencore's $23 Billion Approach
The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link
Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit
Darren Woods’s total compensation includes stock awards of $24.9 million and a nearly $6.4 million bonus. Source link
Warner's HBO Demotion Will Bring Some Severance Costs
Wall Street eyes the record marketing campaign needed to launch the new ‘Max’ service. Source link
Walmart Selling Bonobos for $75 Million to Express, WHP
Business Discount retailer bought the menswear brand for $310 million in 2017 Source link
The Primary Breadwinner Is Disappearing From More Homes
Markets Personal Finance The economics of marriage are changing, but women still take on more of the unpaid labor Source link
Boeing Pauses MAX Deliveries After Parts Problem
Business Plane maker said a supplier used nonstandard process to install parts Source link
Bud Light Faces Boycott Calls, but Punishing Brands Is Harder Than It Looks
CMO Today Research shows recent social-media calls to boycott brands such as Goya and Spotify haven’t meaningfully hurt sales and at times briefly had the
Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
Markets Personal Finance State mandates and the hot job market prompted the big increase in new retirement plans Source link