On Wednesday, the Wall Street Journal reported that electric car company Fisker has hired restructuring advisers, according to individuals familiar with the situation. This move aims…
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Boeing announced on Thursday that it is changing the way it awards employee bonuses to prioritize quality and safety. As a result, this year’s operational targets…
Opening new locations is back in trend for several US retail chains. Executives at numerous big retailers have recently praised the chains’ efforts to win market…
On Monday, JetBlue Airways (JBLU.O) and Spirit Airlines (SAVE.N) terminated their $3.8 billion merger agreement. The decision was made as they found no viable alternative after…
On Friday, the embattled payments firm announced that Paytm and its payments bank unit have mutually agreed to terminate various inter-company agreements. This decision aims to…
On Wednesday, Kyodo news reported that Toyota Motor, during the second round of pay talks, did not respond to the trade union’s wage demands. For the…
According to a memo from CEO Bruce Dixon, Vice Media plans to cut hundreds of jobs as it ceases publishing on Vice.com. In May, the United…
On Wednesday, Toyota Motor (7203.T), the world’s largest automaker, refrained from responding to its union’s request for substantial pay raises and record bonuses. This lack of…
On Tuesday, the Australian Competition Tribunal granted approval for ANZ Group’s acquisition of Suncorp’s banking business, valued at A$4.9 billion ($3.2 billion). This decision enables the…
Airbnb (ABNB.O) raised its first-quarter revenue forecast on Tuesday, citing strong cross-border travel and longer-duration bookings. This year, with the improvement of global air connectivity, international…