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Hedge Fund Hestia Seeks Leadership Overhaul at Pitney Bowes
Business

Hedge Fund Hestia Seeks Leadership Overhaul at Pitney Bowes

The shareholder is calling for a new chief executive and five new board members at the century-old shipping services company. Source link

Growing CEO Pay Gap Gives New York an Extra Edge Over London
Finances

Growing CEO Pay Gap Gives New York an Extra Edge Over London

Chief executives of U.S.-listed companies can easily make triple what their U.K. counterparts earn. Source link

Mexican Government to Buy Power Plants From Spain's Iberdrola
Business

Mexican Government to Buy Power Plants From Spain's Iberdrola

The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says. Source link

The New Rules of Layoffs
Business

The New Rules of Layoffs

Call people in or close the office like McDonald’s? Midweek or Friday? Executives weigh the best way to let people go. Source link

China's New Weapon: Dragging Its Feet on Deals Involving American Companies
Business

China's New Weapon: Dragging Its Feet on Deals Involving American Companies

Beijing has slowed down antitrust reviews of proposed deals by American firms, people close to the process say. Source link

Stellantis, BMW in Talks With Panasonic Over New EV Battery Plants
Business

Stellantis, BMW in Talks With Panasonic Over New EV Battery Plants

The cylindrical batteries used by Tesla get a closer look from other car makers. Source link

Who Owns SpongeBob? AI Shakes Hollywood's Creative Foundation
Business

Who Owns SpongeBob? AI Shakes Hollywood's Creative Foundation

Artificial-intelligence tools raise questions about intellectual property rights that are under scrutiny by courts and entertainment executives Source link

Apple’s Weather App Is Working Again After More Than 14-Hour Outage
Business

Apple’s Weather App Is Working Again After More Than 14-Hour Outage

Tech Service may have been slow or unavailable, tech company says, without offering reason for outage Source link

Hype Around Weight-Loss Drugs Shows No Signs of Abating. Neither Do the Ads.
Business

Hype Around Weight-Loss Drugs Shows No Signs of Abating. Neither Do the Ads.

Ads for the likes of Ozempic and Wegovy are spreading through social media feeds, subway stations and TV. Source link