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When a Congressman Challenged Disney on China, It Laid Off Beijing Staff
Disney’s China layoffs led to technical malfunctions and delayed efforts to troubleshoot. Source link
Amazon's New Challenge: Bargain Retailers That Are Playing a Different Game
The e-commerce giant is weighing how to respond to the growing threat from two competitors offering bargain goods. Source link
UAW Poised to Expand Strike to More Auto Plants
The union would identify the factories Friday morning, barring any last-minute signs of significant movement in labor-contract talks with GM, Ford and Stellantis. Source link
Amazon to Put Ads in Prime Video Shows and Movies
An ad-free option will cost Amazon Prime members an extra $2.99 a month. Source link
Cisco Systems to Buy Splunk in $28 Billion Deal
Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk. Source link
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
The Billionaire Keeping TikTok on Phones in the U.S.
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