Hyatt Chairman Exits Over Epstein Ties, EU Mandates 70% Local Content for EVs, and Sky Ends WBD Content Pact
Key TakeawaysThomas Pritzker has resigned as Executive Chairman of Hyatt Hotels Corp (H), citing his past association with Jeffrey Epstein and Ghislaine Maxwell as a significant misjudgment.The European Union is moving to require that Electric Vehicles (EVs) be at least 70% EU-made to qualify for state subsidies, a major protectionist shift aimed at countering Chinese imports.Sky Group, a subsidiary of Comcast (CMCSA), will not renew its long-standing content licensing pact with Warner Bros. Discovery (WBD) ...