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Arm Sets IPO Price at $51 a Share
British chip designer drops price after initially considering $52 a share. Source link
Howard Schultz Steps Down From Starbucks Board
Schultz had returned to the coffee chain’s C-suite and board last year to help navigate challenges with workers and operations. Source link
UAW, Automakers Remain 'Far Apart' in Contract Talks
The union’s president said the United Auto Workers are preparing walkouts at select factories when contracts expire late Thursday. Source link
Musk Warns Senators About AI Threat, While Gates Says the Technology Could Target World Hunger
Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session. Source link
Fuel Prices Are Soaring: Who Is Feeling the Pinch?
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
American Airlines Cuts Profit View as Pilots’ Contract Weighs on Bottom Line
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With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green
The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. Source link
SpaceX's Starlink Demonstrates Its Power but Still Needs Growth
Revenue at the satellite-internet business jumped to $1.4 billion last year but has fallen short of Musk’s financial projections. Source link
UAW's Strike Threat Overshadows a Shrunken Detroit Auto Show
The annual car event, which has had a choppy run recently, comes amid intensifying contract talks between automakers and workers. Source link
Ukraine's Push Into Green Energy Starts With 5,600 Tons of Cow Dung
The agricultural powerhouse wants to turn farm waste into energy to secure supplies and diversify its economy amid the war with Russia. Source link