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Kaiser Permanente, Unions Reach Deal on New Contracts
Kaiser Permanente and labor unions reached a tentative agreement to resolve a contentious contract dispute that sent workers to picket lines earlier this month. Copyright
Disney Agonized About Sports Betting. Now It’s Going All In.
Listen to article (2 minutes) In early 2019, an analyst asked Disney Chief Executive Bob Iger if sports betting could coexist with the House of
Sales Slow at Louis Vuitton's Owner as China Sputters
LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s
Amazon Wants You to 'Buy Again'
A new feature tested in the company’s app encourages repeat purchases in a bid for more revenue from existing customers. Source link
Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.
U.S., in Chip War with China, Extends Some Allowances for Asian Allies
Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. Source
Exxon Buys Pioneer for $60 Billion to Create Shale Giant
The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year. Source
Why Nelson Peltz Grew Impatient With Disney's Turnaround Efforts
The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link
No, You Aren't Getting a Bonus. Your Company Is Just Testing You.
Companies are getting creative with phishing tests. Employees are getting annoyed. Source link
Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link