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Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants
02/10/2023

Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants

Multibillion-dollar EV battery plants are crucial to the automotive industry's future and uniquely positioned to have wide-ranging implications for the UAW.

Blue Apron to be acquired by Wonder Group for $103 million, capping tumultuous post-IPO ride
02/10/2023

Blue Apron to be acquired by Wonder Group for $103 million, capping tumultuous post-IPO ride

Blue Apron has in recent months transitioned to become a more asset-light business, selling its operational infrastructure and laying off staff.

Rupert Murdoch steps down as chairman of Fox and News Corp.
26/09/2023

Rupert Murdoch steps down as chairman of Fox and News Corp.

Murdoch's departure comes as his media empire, which includes The Wall Street Journal and Fox News, gears up for the 2024 election.

White House no longer sending top officials to Detroit for UAW strike talks this week
20/09/2023

White House no longer sending top officials to Detroit for UAW strike talks this week

President Joe Biden largely sided with the striking autoworkers in an address Friday but has received a relatively cold reception from the UAW.

Live sports are headed to Max, as Warner Bros. Discovery adds a new tier to streaming app
20/09/2023

Live sports are headed to Max, as Warner Bros. Discovery adds a new tier to streaming app

Warner Bros. Discovery said it will add a live sports tier to streamer Max on Oct. 5, bring NBA, NHL, MLB and March Madness games to the platform.

Manhattan median rent remains at record high of nearly $4,400 a month
19/09/2023

Manhattan median rent remains at record high of nearly $4,400 a month

Brokers said buyers who would normally be looking to purchase apartments are choosing to rent for now given high interest rates.

Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches
19/09/2023

Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches

Ford CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously.

UAW strike brings blue-collar vs. billionaire battle to Detroit
18/09/2023

UAW strike brings blue-collar vs. billionaire battle to Detroit

The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted.

Planet Fitness shares sink after board ousts CEO in shocking move
18/09/2023

Planet Fitness shares sink after board ousts CEO in shocking move

CEO Chris Rondeau has been been with Planet Fitness for more than three decades.

Spirit Airlines adds new university partner to beef up pilot training pipeline as shortage persists
15/09/2023

Spirit Airlines adds new university partner to beef up pilot training pipeline as shortage persists

Spirit Airlines is bringing its pilot training pipeline program to Liberty University as it seeks to offset the industry's shortfall of pilots.

More companies, especially airlines, warn higher costs will eat into profits
15/09/2023

More companies, especially airlines, warn higher costs will eat into profits

UPS and airlines are digesting big new labor deals, while Hollywood and the auto industry are at odds with unions.

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not ...
07/09/2023

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last

Morgan Stanley sees a potential unwinding from these events, as well as the resumption of student loan payments, in the fourth quarter.

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