Top Company News of the Day: Twitter, Google, Boeing, NTG Energy

Twitter CEO Intervened to Mend Google Relationship After Cloud Payment Issue

The social-media platform is now paying for Google cloud services amid talks of a broader partnership.

Paris Air Show Brings So-So News for Boeing. It’s Better for Airbus.

The aerospace supply chain is still under pressure. And the A320 neo family of jets is selling better than the MAX.

Elliott Seeks Ouster of NRG Energy CEO

The activist investor is in talks with potential candidates to replace Chief Executive Mauricio Gutierrez as well as other top executives.

Mallinckrodt Pays Executives $3.4 Million in Bonuses After Skipping Interest, Opioid Payments

The troubled drugmaker seeks to retain key employees as it warns of a potential bankruptcy.

FTC Sues Amazon Over ‘Manipulative’ Tactics to Enroll Users in Prime

Amazon duped millions of customers into Prime subscriptions, the federal agency said.

America’s Top Fast-Fashion Retailer Tries to Shed Its Chinese Image

Fashion retailer Shein, trying to address concerns about its supply chain, says it doesn’t source cotton from Xinjiang-but its reporting lacks transparency.

Berkshire Hathaway-Affiliated Talc Supplier Beats Challenge to Remain in Chapter 11

A bankruptcy judge said defunct talc supplier Whittaker, Clark & Daniels can maintain its chapter 11 protection from asbestos lawsuits.

Uber Is Laying Off 200 People in Recruiting Team

The latest cuts affect less than 1% of staff and follow other layoffs across the company.

Hotel Guests Sue Marriott Over Los Angeles Fee

The lawsuit alleged a surcharge enriches the hotel chain by overcharging guests.

Intel Stock Drops Despite Plan for Cost Savings. This Is Why.

Chief Financial Officer David Zinsner said the company’s foundry business will play a significant role in reducing costs by $3 billion in 2023.

Source: Dow Jones Newswires


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