News

Boeing offers machinists a 30% raise to end their strike

September 24, 2024 05:23 AM AEST| By EODHD

Boeing (BA) is sweetening the pot in an attempt to end a costly strike by its unionized machinists. The company announced Monday that it is revising its original offer — the 25% wage increase that mem...

Sam Altman and designer Jony Ive collaborate on secret AI project: what we know so far

September 24, 2024 05:20 AM AEST| By Invezz

Sam ALtman and Jony Ive are working on a secret AI product that could revolutionize the way we use handheld devices in our everyday lives.

Apollo Global Management eyes $5 billion investment in Intel: report

September 24, 2024 05:10 AM AEST| By Invezz

Apollo Global Management, a prominent US-based asset management firm, is reportedly negotiating a substantial investment of up to $5 billion in Intel, according to a Bloomberg report. This potential infusion of capital comes at a pivotal moment for I...

Labeling Sustainable U.S. Soy Around the World

September 24, 2024 05:10 AM AEST| By 3BL

Package labels share important details about what’s inside, where it came from and how it was made. They answer critical questions as people decide what to buy.One frequent question revolves around th...

Stellantis denies failing to honor commitments with UAW

September 24, 2024 05:09 AM AEST| By EODHD

(Reuters) - Stellantis on Monday denied failing to honor its commitments with the United Auto Workers under an agreement reached in 2023, even as the union prepares for an unprecedented strike a year...

Restaurant Spending Improves in August But Value Remains in Focus, UBS Says

September 24, 2024 05:05 AM AEST| By EODHD

Restaurant Spending Improves in August But Value Remains in Focus, UBS Says

Southwest Airlines warns of ‘difficult decisions’ to boost profitability amid competition

September 24, 2024 05:04 AM AEST| By Invezz

Southwest Airlines is bracing for significant operational changes as it responds to mounting pressure from activist investor Elliott Management. In a recent communication, the airline warned its workforce of “difficult decisions” ahead, e...

Stellantis begins search for successor to CEO Carlos Tavares

September 24, 2024 05:02 AM AEST| By EODHD

(Reuters) - Stellantis has initiated a search for a successor to CEO Carlos Tavares, Bloomberg News reported on Monday citing people familiar with the matter. Tavares has been under pressure to correc...

ExxonMobil just got sued for lying about recycling

September 24, 2024 05:01 AM AEST| By EODHD

California Attorney General Rob Bonta sued ExxonMobil Monday, accusing the oil giant of a “decades-long campaign of deception” about the effectiveness of plastic recycling. Bonta filed the lawsuit Mon...

Microsoft Nuclear Deal Should Be ‘Fast-Tracked’: Pennsylvania Gov. Shapiro

September 24, 2024 05:00 AM AEST| By EODHD

Pennsylvania Gov. Josh Shapiro asked regulators to allow the Three Mile Island reactor to a line so Microsoft could start using its power by 2028. Continue reading View comments

US billionaire Dan Friedkin to acquire 94% stake in Everton FC: what we know so far

September 24, 2024 04:57 AM AEST| By Invezz

US billionaire Dan Friedkin, owner of Italian football club A.S. Roma, has struck a deal to acquire a 94% stake in Everton F.C., one of England’s most storied Premier League clubs. The Friedkin Group will buy the club from the current owner Far...

Eagle Ventures Partners With Keel Point To Combat Human Trafficking Through Technology Investments

September 24, 2024 04:57 AM AEST| By Send2Press

DALLAS, Texas, Sept. 23, 2024 (SEND2PRESS NEWSWIRE) -- Eagle Ventures, through its Eagle Freedom Fund, a leading impact investment vehicle focused on combating human trafficking, is pleased to announc...

Alex Karp’s foreign policy: if you harm an American you’ll feel pain for generations

September 24, 2024 04:46 AM AEST| By EODHD

Alex Karp, the billionaire CEO of data-mining company Palantir, issues a stark warning: Americans’ safety is non-negotiable. In an interview with CNBC, Karp emphasized that were he to have his way wit...

Trump Media (DJT) shares plunge over 6% as insider lockup agreement expires

September 24, 2024 04:42 AM AEST| By Invezz

Shares of Trump Media hit their lowest level in over a year on Monday, following the expiration of a lockup agreement that had restricted the sale of shares by majority owner Donald Trump and other company insiders. The stock, trading under the symbo...