Thursday, September 19, 2024
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Boeing CEO says the company will furlough employees soon to preserve cash during labor strike

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Boeing’s CEO said Wednesday that the company will begin furloughing “a large number” of employees to conserve cash during the strike by union machinists...
Bussiness

Stock market today: Wall Street is stuck as the countdown to a rate cut ticks closer to zero

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NEW YORK (AP) — U.S. stock indexes are holding near their records Wednesday ahead of an announcement in the afternoon that’s expected to kick...
Bussiness

Exclusive-Google offered to sell advertising marketplace AdX in EU antitrust probe, sources say

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BRUSSELS/NEW YORK (Reuters) - Alphabet's Google earlier this year offered to sell its advertising marketplace AdX to allay EU competition concerns over its adtech...
Bussiness

WillScott, McGrath terminate $3.8 billion acquisition deal

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(Reuters) - WillScot Holdings mutually terminated its $3.8 billion acquisition of McGrath RentCorp, the latter said on Wednesday.McGrath said it would receive $180 million...
Bussiness

Salesforce co-founder and CEO Marc Benioff: Autonomous AI agents will beat Copilots

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It's autonomous agents vs. bot-like copilots at Salesforce's (CRM) annual Dreamforce extravaganza in San Francisco this week.Chat up the 6-foot-7 ringmaster of Dreamforce —...
Bussiness

Transport Canada orders plan to remove huge tidal power moorings left near N.S. town

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HALIFAX — Transport Canada has ordered a bankrupt tidal power company and a bankruptcy trustee to produce a plan to remove four huge moorings...
Bussiness

Longshoremen at key US ports threatening to strike over automation and pay

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Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct....
Bussiness

Iconic Tupperware Brands seeks Chapter 11 bankruptcy

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NEW YORK (AP) — Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection.Orlando, Florida-based Tupperware plans...
Bussiness

These people say they got listeria after drinking recalled plant-based milks

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TORONTO — Sanniah Jabeen holds a sonogram of the unborn baby she lost after contracting listeria last December. Beneath, it says “love at first...
Bussiness

WNBA awards Portland an expansion franchise that will begin play in 2026

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The WNBA is headed back to Portland, with Oregon's biggest city getting an expansion team that will begin play starting in 2026.The team will...
Bussiness

Rogers Communications to buy out Bell’s share of MLSE for $4.7 billion

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TORONTO — Rogers Communications Inc. is buying out Bell's 37.5 per cent share of Maple Leaf Sports & Entertainment for C$4.7 billion, giving it...
Bussiness

Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reports

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(Reuters) - Volkswagen and its Chinese joint venture partner SAIC plan to close at least one plant in China due to slow demand for...
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