Cigna Demands FTC Retraction in Escalating Drug-Price Fight
The FTC report said the companies responsible for controlling spending on drugs were sometimes steering patients toward more expensive medicines....
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner...
Boeing Machinist Strike Adds Cash Crunch to New CEO's Rescue Mission
Ratings firms are warning that a prolonged work stoppage could sink the jet maker’s debt into junk status. Source link
Companies Like to Pit Internal Teams Against Each Other. Bad Idea.
Research suggests that when employees compete, they become less innovative, because they don’t want to share ideas with their rivals....
Air Canada, Pilots' Union Avert Strike With Four-Year Deal
The airline and Air Line Pilots Association reached a tentative labor agreement early Sunday, averting a strike at Canada’s biggest...
He Used to Bag Groceries. Now Kroger's CEO Is Trying to Save a $20 Billion Deal.
Rodney McMullen is fighting to save the deal he believes will secure Kroger’s future in the next wave of industry...
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers
In Pennsylvania’s steel country, locals fight to keep their jobs at U.S. Steel even if it means foreign ownership. Source...
Railroads Love 'Monster' Trains. Texans Don't.
Freight trains are getting longer—some of them 3 miles or more—and that is making life unpleasant in places like Pleasantville,...
Office Romances Aren't New—Why Are They Still So Complicated?
The affair between Norfolk Southern CEO Alan Shaw and an executive highlights the tricky terrain of workplace dating. Source link
What Scared Ford's CEO in China
Jim Farley is changing strategy to combat what he calls an ‘existential threat’ from China’s electric carmakers. Source link
The New Marketing Head at X Has an Impossible Job
Angela Zepeda ‘loves a big challenge.’ Repairing relationships with advertisers at Elon Musk’s social-media company will be her biggest yet....
Apple Has a Hot New Product. It's a Hearing Aid.
The world’s most valuable company just turned its top-selling headphones into low-cost hearing aids—and it’s quietly a huge moment. Source...
Why 96% of Boeing's Machinists Voted to Go on Strike
Workers say the plane maker’s offer of higher wages doesn’t compensate for years of concessions they have made. Source link
Starliner Astronauts Say NASA Ran Short of Time to Test Boeing Craft
Sunita Williams and Barry Wilmore said they had input into the decision to extend their stay in space to eight...
Boar's Head Closing Virginia Factory Tied to Deadly Listeria Outbreak
The company said the factory would close indefinitely after nine deaths were linked to the outbreak. Source link
Canada's Trudeau Says Officials Applying Pressure on Air Canada, Pilots' Union to Reach Deal
Canadian Prime Minister Justin Trudeau said federal officials are applying the required pressure on Air Canada and its unionized pilots...
Boeing Union Goes on Strike, Halting 737 Production
The company’s largest union rejected a contract that called for a 25% pay increase, dealing a financial blow when the...
PwC China Hit With Six-Month Ban Over Evergrande Crisis
Chinese regulators said the firm failed to maintain professional skepticism for its work related to the country’s recent real-estate bust....
As Temperatures Rise, Companies Turn to Technology to Cool Down Workers
New tools include apps that detect heat stress and clothing made with cooling fabrics. Source link
United Airlines Taps Elon Musk's Starlink for In-Flight Wi-Fi
The carrier plans to outfit its entire fleet with SpaceX satellite internet service as airlines see satellites providing faster, more...
