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Boeing Defense workers reject contract, strike continues
Reuters· 2025-09-12 17:18
Core Viewpoint - Striking workers at Boeing Defense have rejected the company's latest contract offer, indicating ongoing labor disputes and potential operational impacts for the company [1] Group 1 - The rejection of the contract offer suggests dissatisfaction among workers regarding the terms proposed by Boeing Defense [1]
Black Rock Coffee Bar valued at $1.27 billion as shares jump in Nasdaq debut
Reuters· 2025-09-12 17:10
Shares of Black Rock Coffee Bar rose 32.5% in their Nasdaq debut on Friday, valuing the cafe chain at $1.27 billion. ...
Strathcona's Waterous confident on MEG Energy response to sweetened offer
Reuters· 2025-09-12 17:08
Group 1 - The executive chair of Strathcona Resources expressed confidence that the enhanced offer to acquire MEG Energy will be sufficient to secure victory in the ongoing bidding war [1] - The bidding war for MEG Energy has attracted significant attention, indicating a competitive landscape in the Canadian oil sector [1] - Strathcona Resources is actively engaged in negotiations, highlighting the strategic importance of this acquisition for the company's growth and market positioning [1]
Exclusive: AstraZeneca pauses $270 million investment in Britain
Reuters· 2025-09-12 16:38
Group 1 - AstraZeneca has paused a planned investment of 200 million pounds ($271.26 million) in its Cambridge research site [1] - This decision marks the latest retreat by a drugmaker from the UK [1]
FAA proposes to fine Boeing $3.1 million over safety violations
Reuters· 2025-09-12 16:03
Group 1 - The Federal Aviation Administration (FAA) proposed a fine of $3.1 million against Boeing for multiple safety violations [1] - The violations include actions related to a mid-air emergency involving Alaska Airlines' 737 MAX 9 in January 2024 [1] - Boeing is also accused of interfering with the independence of safety officials [1]
Tesla chair dismisses concern Musk's politics depressed car sales, Bloomberg News reports
Reuters· 2025-09-12 15:59
Tesla board chair Robyn Denholm dismissed concerns that Elon Musk's political activity has depressed sales at the electric-vehicle maker, in an interview with Bloomberg Television. ...
M&S considers extending Archie Norman's tenure as chair, FT reports
Reuters· 2025-09-12 15:23
British retailer Marks & Spencer is considering extending Archie Norman's tenure as chair beyond the UK's recommended nine-year term, the Financial Times reported on Friday. ...
Mexican officials to speak with China on tariffs next week
Reuters· 2025-09-12 14:36
Mexican officials are set to speak with representatives from China next week about Mexico's planned tariffs on goods from the Asian country, President Claudia Sheinbaum said on Friday, saying the tari... ...
Industrial group Air Liquide explores sale of biomethane assets, sources say
Reuters· 2025-09-12 14:24
Core Viewpoint - Air Liquide, a leading industrial gases company, is considering the sale of its biomethane assets to concentrate on its primary gas supply business [1] Company Focus - The decision to explore the sale of biomethane assets indicates a strategic shift towards enhancing the core operations of gas supply [1] - This move aligns with the company's long-term strategy to streamline its portfolio and focus on areas with higher growth potential [1] Industry Context - The biomethane market is evolving, and companies in the industrial gases sector are reassessing their positions to adapt to changing market dynamics [1] - The potential divestiture reflects broader trends in the industry where firms are prioritizing core competencies and operational efficiency [1]
US FTC probes Google, Amazon over search advertising practices, Bloomberg reports
Reuters· 2025-09-12 13:56
The US Federal Trade Commission is investigating whether Amazon.com and Alphabet's Google misled advertisers that place ads on their websites, Bloomberg News reported on Friday, citing people familiar... ...