United Auto Workers President Shawn Fain is expected to announce progress at the bargaining table with Ford Motor Co., an indication the union may not expand its strike targeting the automaker, said two people familiar with he matter.
The United Auto Workers’ unprecedented strategy to simultaneously target all three legacy carmakers is showing results.
Intel Corp. was slapped with a fresh €376.36 million ($400 million) fine by European Union antitrust regulators after an EU court had wiped out a one-time record €1.06 billion penalty against the chipmaker.
Amazon.com Inc., following other streaming platforms looking to further monetize their content, will run ads on its Prime Video service in key markets – a move that will help offset rising costs and provide a boost to an already robust advertising business.
Instacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the grocery technology company went public earlier this week.
(Bloomberg) — Clorox Co. is at risk of losing market share to competitors after a cybersecurity attack idled its US factories, tightening supplies of the company’s goods from bleach to cat litter.Â
(Bloomberg) — Federal Reserve Governor Lisa Cook said the use of artificial intelligence in the economy presents many unanswered questions for policymakers though there is some evidence that it could improve labor productivity.
US equity futures signaled a pause in a three-day selloff on Wall Street at the end of a bruising week for investors forced to accept the idea of higher-for-longer interest rates.
A Miami-based digital brokerage that agreed to sell control to Itau Unibanco Holding SA last year is looking to its next chapter: becoming a bank.
Banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. sold $8.64 billion of debt to fund the partial leveraged buyout of Worldpay Inc., boosting the size of the offering in a sign of growing investor demand for LBO debt.
