Supreme Court Blocks American-JetBlue Alliance Appeal
The U.S. Supreme Court rejected American Airlines' request to revive their terminated partnership with JetBlue which ended their route and...
Business
BYD to Triple EV Bus Output With Hungary Expansion
The Chinese electric vehicle manufacturer BYD plans to increase European electric bus and truck production by three times through a...
Barclays, Ex-CEO Must Face Epstein-Linked Investor Suit
A U.S. judge has allowed a shareholder lawsuit to proceed against Barclays and former CEO Jes Staley because they allegedly...
BlackRock to Add Private Assets to Retirement Portfolios
BlackRock intends to introduce private market investments into its retirement products which will enable American citizens to access private equity...
General Mills Cuts Outlook Amid Weak U.S. Consumer Demand
General Mills reduced its projected annual profit because snack and refrigerated baked goods sales remained weak in an economy affected...
Samsung Wins Key Court Ruling in Patent Dispute With ZTE
Samsung Electronics achieved a legal victory in London’s High Court on Wednesday by obtaining an interim license to use ZTE...
Hormel Brings Back Former CEO as Interim Leader
Hormel Foods has appointed former CEO Jeffrey Ettinger to serve as interim chief executive for 15 months beginning July 14...
Warburg Pincus in Talks to Exit SBI General Stake
Bloomberg News reports that Warburg Pincus engages in advanced talks to sell its 10% stake in SBI General Insurance which...
Alibaba Folds Travel, Food Units Into Core E-Commerce
Alibaba Group will merge its food delivery service Ele.me with its online travel platform Fliggy into its main e-commerce operations...
Microsoft Weighs Exit from OpenAI Talks Amid Disputes
The Financial Times reports that Microsoft is evaluating an exit from their current partnership negotiations with OpenAI because both parties...
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