Jeep Parent Stellantis Taking 'Drastic Measures' to Conserve Cash
The company’s finance chief revives “doghouse” requirements at global automaker to curb spending and reverse falling profit. Source link
Business
Founder of Alleged Adderall 'Pill Mill' Sent Back to Jail
Ruthia He, founder of telehealth startup Done Global, was sent back to jail Friday after a judge found that she posessed a Chinese travel document … Read more
Container-Ship Stocks Fall After U.S. Port Strike Ends
Shares dropped as much as 16% as the agreement nixed for now the prospects of higher freight rates. Source link
ULA Launches Vulcan Rocket, Pushing to Begin National-Security Flights
The rocket company, jointly owned by Boeing and Lockheed Martin, has been racing to prepare its vehicle to carry military satellites. Source link
U.S. Ports Reopen After Dockworkers End Strike
Companies sweeten contract offer to a 62% wage increase to reopen ports from Maine to Texas. Source link
EU to Move Ahead With New Tariffs on Chinese-Made EVs
The bloc approved import fees of up to 45%, defying pleas from some European auto executives who fear retaliation from Beijing. Source link
Energy & Utilities Roundup: Market Talk
TotalEnergies, Enbridge and more in the latest Market Talks covering Energy and Utilities. Source link
Financial Services Roundup: Market Talk
Postal Savings Bank of China, China Merchants Bank and more in the latest Market Talks covering Financial Services. Source link
Can a 'Precision Scheduling' Expert Fix Berkshire Hathaway's Railroad?
Warren Buffett’s designated successor is taking a hands-on approach with BNSF Railway, one of Berkshire’s biggest companies. Source link
Tussle for Control of Korea Zinc Sends Shares Higher
Shares of the Seoul-based nonferrous-metal producer closed 8.8% higher, outperforming the benchmark Kospi’s 0.3% gain. Source link