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WWE's 'SmackDown' to Move to NBCUniversal's USA From Fox
People familiar with the deal valued it at roughly $1.4 billion, which is about a 40% increase over the deal WWE had with Fox. Source
Rupert Murdoch to Step Down as Chair of Fox and News Corp
Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus. Source link
Justice Department Probe Scrutinizes Elon Musk Perks at Tesla Going Back Years
Federal prosecutors are scrutinizing personal benefits Tesla may have provided Elon Musk since 2017—longer than previously known—as part of a criminal investigation examining issues including
Ford Averts Second Strike, Secures New Labor Contract in Canada
Talks with Unifor have been running parallel to those in the U.S. with the UAW, an unusual overlap that has put pressure on the Detroit
California's Zero-Emissions Rule Triggers a Run on Diesel Rigs
Truckers say they are bolstering their fleets ahead of new restrictions against the polluting vehicles after Jan. 1. Source link
German Industry Defies Rising Pressure to Limit China Exposure
Companies with sizable Chinese operations in recent months have been scrambling to insulate those businesses from possible Western sanctions. Source link
Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade
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Instacart Prices IPO at $30 a Share, at Top End of Expectations
The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link
UAW Strike Collides With Biden's Manufacturing Agenda
The administration is caught between support for unions and the need to make U.S. auto industry more competitive. Source link
Companies Stall Climate Action Despite Earlier Promises
Cutting emissions is proving harder for larger companies to achieve than making commitments to cut those emissions. Source link