Why Elon Musk's $55.8 Billion Tesla Pay Package Was Struck Down in Court
A Delaware court ruled that the process for getting Tesla board approval of Musk’s $55.8 billion compensation deal was flawed...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Boeing Says It Can't Set 2024 Financial Goals Amid 737 Max Woes
The CEO said the company needs to “focus on every next airplane” in the wake of the Alaska Airlines blowout....
The Companies Calling Workers Back to the Office Five Days a Week
UPS, Boeing and other employers are insisting on full-time attendance as some bosses lose patience with remote work. Source link
Samsung Posts Weakest Earnings in Over a Decade
The South Korean tech giant’s net profit fell 73% in the fourth quarter, leading to weak earnings for 2023. Source...
UPS to Cut 12,000 Jobs and Mandate Return to Offices Five Days a Week
CEO Carol Tomé said the cuts were a part of efforts to change how the company works amid a slowdown...
Business Groups Sue California to Block Climate Disclosures
Thousands of publicly traded and private firms are expected to have to comply with the state’s new law. Source link
Why Defense Contractors Are Saying No to Their Biggest Customer: The Pentagon
Global conflicts have driven record orders for Northrop Grumman, Lockheed Martin and RTX, but they are passing on some big...
Amazon Abandons iRobot Deal Amid Regulatory Scrutiny
Amazon will pay Roomba maker a $94 million termination fee after the EU raised concerns that the tie-up would restrict...
The $400,000 Job Without a College Degree
Walmart is giving store managers higher bonuses and stock grants as the job becomes more difficult in the e-commerce era....
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023. Source link
Signs Suggest Alaska Airlines Plane Lacked Bolts When It Left Boeing Factory
Regulators put limits on Boeing 737 MAX production, while grounded MAX 9 jets have resumed flying after required inspections. Source...
Our Bosses Tell Us to Unplug From Work. We Don't Believe They Mean It
In an ‘always on’ work culture, employees feel shame about taking time off, even if company policies purport to encourage...
The Big Year for EVs Gets Off to a Bumpy Start
The auto industry’s pivot to electric vehicles has been rocked by setbacks, creating more uncertainty as a flood of new...
Car Industry Seeks to Crush AM Radio; Congress May Rescue It
Lawmakers from the right and left, along with conservative talk show hosts and FEMA officials, want to stop carmakers from...
The Outspoken Safety Chief Probing the Alaska Airlines Blowout
Jennifer Homendy of the National Transportation Safety Board says people get mad at her “all the time.” Source link
Apple, Boeing, GM Usher in Latest Week of Packed Earnings
Starbucks, Exxon Mobil, Pfizer and other blue-chip names are set to report results in the coming days. Source link
Retailers Increase Efforts to Reduce Racial Profiling in Stores
Among their initiatives: better train front-line workers and reduce the use of third-party. security services Source link
Vince McMahon Resigns From TKO Group Board
The longtime wrestling executive’s exit follows a lawsuit by a former employee alleging sexual abuse. Source link
Inside the Competition for the World's Richest Shoppers
Backstage passes. Secret dinners. Exclusive invites. When you have everything, stores lure you with the things money can’t buy. Source...
JetBlue Warns It Might Scrap Spirit Airlines Takeover
JetBlue Airways warned that it could terminate its attempted takeover of Spirit Airlines next week after a federal judge’s ruling...
