Book Startup Pitches Authors a Novel Deal: $0 Up Front, Bigger Profits
The approach contrasts traditional publishers, which pay author advances and don’t offer the opportunity to own a stake in the...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Schaeffler Profit Miss Knocks Shares
Schaeffler shares traded lower after the company posted earnings for 2023 that fell short of expectations. Source link
FAA Audit Finds Boeing Quality Control Failed in Alaska Air Incident
The FAA said that in order to hold Boeing accountable, it has halted production expansion of the company’s 737 MAX...
Why Musicians Are Doubling Down on an Unlikely Venue to Reach New Listeners
Musicians are releasing new songs in videogames, in some cases before anywhere else. Source link
JetBlue and Spirit Airlines Call Off Merger Deal
The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers....
JetBlue Airways and Spirit Airlines Call Off Merger Deal
The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers....
Lawyers Who Got Musk Pay Struck Down Seek $5.6 Billion in Tesla Stock
The plaintiff’s lawyers request a record-breaking payday for bombshell case. Source link
Canada Toughens Foreign Takeover Rules in Video-Game Sector
Canada said it would toughen foreign-investment rules as they apply to the domestic video-game industry, with a focus on potential...
The RealReal to Open New Stores in Strategic Shift
The company is looking to set up smaller sites, of a size of around 250 feet, in wealthy, but more...
Boeing in Talks to Buy Troubled Supplier Spirit AeroSystems
Spirit, the jet-fuselage supplier Boeing split off two decades ago, has been at the center of quality issues affecting 737...
Volkswagen Expects Revenue Growth to Slow This Year
Volkswagen expects revenue growth to slow this year as it faces a tough economic backdrop and increasing competition. Source link
Vista Outdoor Gets $2.9 Billion Takeover Offer
Investment firm MNC proposed buying the maker of sporting goods and ammunition for $35 a share in cash. Source link
A Warren Buffett Protégée Is on the Hunt for Small Companies. She Now Has Millions More to Spend.
Tracy Britt Cool and her partners are on the hunt for midsize businesses with a competitive edge and have raised...
Kuehne + Nagel Shares Hit After Fourth-Quarter Miss
Kuehne + Nagel shares fell sharply after it reported below-forecast fourth-quarter earnings, with one analyst noting the company’s consensus estimates...
Ryanair to Cut Schedules on Boeing Delays
Ryanair said it would make schedule cuts for the summer season after confirming it expected Boeing to deliver only 40...
Kuehne + Nagel Shares Hit as Fourth-Quarter Profits Fall
Kuehne + Nagel shares fell sharply after it reported a steep drop in fourth-quarter earnings as logistics markets normalized, with...
Disney Family Rebukes Nelson Peltz, Praises Bob Iger in Shareholder Letters
The descendants of Walt Disney and his late brother Roy O. Disney are publicly backing the company and its CEO...
Chemical Giant Chemours Suspends Top Executives, Opens Accounting Probe
The Teflon maker’s shares plunged 31% after its CEO and finance chief were put on administrative leave. Source link
EV Startup Fisker Raises Going Concern Warning After Troubled Debut
The company says it might need to secure additional financing and is in talks with a large automaker for a...
Biden Orders Probe Into Foreign Car Parts, Citing China Risks
President Biden warned that connected vehicles could collect sensitive data for foreign governments, posing a national-security risk. Source link
