UAW, Automakers Remain ‘Far Apart’ in Contract Talks
The union’s president said the United Auto Workers are preparing walkouts at select factories when contracts expire late Thursday.
Arm Sets IPO Price at $51 a Share
British chip designer drops price after initially considering $52 a share.
Tencent-Backed Tuhu Car Plans Hong Kong IPO
Tencent-backed Tuhu Car plans to raise up to $160.89 million through an initial public offering in Hong Kong.
Google to lay off hundreds of recruiting staffers
Google plans to cut back on roles in its recruiting department, a spokesperson confirmed Wednesday.
Caesars Paid Ransom After Suffering Cyberattack
Caesars is second major casino operator hit by hackers in recent weeks.
Howard Schultz Steps Down From Starbucks Board
Schultz had returned to the coffee chain’s C-suite and board last year to help navigate challenges with workers and operations.
Citigroup CEO Is Shaking Up Executive Ranks
The bank, led by Jane Fraser, declined to say how many jobs would be cut in the changes, which are meant to shrink the top of the sprawling company.
FTX Approved to Sell More Than $3 Billion of Users’ Crypto
FTX is selling assets to repay part of its debts to customers as it moves toward a restart of its crypto exchange.
Marvel Visual-Effects Artists Vote to Unionize
IATSE, which represents more than 168,000 people, said it was the first time a unit of visual-effects workers voted to join its union.
MGM Resorts Cyber Issue Continues to Snarl Las Vegas Operations
The company previously said it had to shut down some computer systems to protect data after discovering a cybersecurity issue. MGM hasn’t elaborated on what happened.
Source: Dow Jones Newswires