UAW Bends on Wage Demands as Talks Progress in Detroit
The union has proposed a mid-30% wage increase, down from an initial demand of at least 40%.
Oracle stock sinks as revenue outlook falls below Wall Street consensus
Oracle Corp. shares fell further in the extended session Monday after the software company’s forecast disappointed.
Five Things to Look for at Apple’s Tuesday iPhone Event
Among the expected new features are a different connector cord, a new button-and a higher price.
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Unibail-Rodamco-Westfield will hold some of its top-performing malls but still plans a “radical reduction” of its U.S. exposure.
Shari Redstone’s National Amusements Strikes Deal With Lenders
The family holding company agreed to partial debt paydowns and higher interest rates.
KKR to Invest Another $250M in Reliance’s Retail Unit
Private-equity firm KKR plans to invest an additional $250 million to boost its stake in the retail unit of the conglomerate Reliance Industries.
Fast-Food Worker Pay Set to Rise in California Under Union Deal
State fast-food workers at chains with at least 60 national locations would be paid a $20-an-hour minimum wage.
PwC to Limit Consulting Services It Offers to U.S. Audit Clients
The Big Four accounting firm plans several new initiatives through 2026 to boost audit quality.
J.M. Smucker to Buy Twinkies Maker Hostess for $4.6 Billion
The deal aims to broaden Smucker’s reach into the fast-growing snack business and follows the company’s earlier pet-food acquisitions.
Qualcomm Inks Deal With Apple to Supply iPhone Chips Through 2026
The agreement came as Apple has been trying to build its own modem chips to stop using Qualcomm’s.
Source: Dow Jones Newswires