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Starbucks union members and their supporters, including baristas who have just walked off the job, effectively closing a local branch, picket in front of the store, Feb. 28, 2025 in New York City. Andrew Lichtenstein | Corbis News | Getty Images Starbucks Workers United presented the company with a comprehensive proposed contract last month, the […]
Disney CEO Bob Iger has reportedly told allies that he plans to step down from his post before his contract expires at the end of the year. The Mouse House’s board of directors, chaired by ex-Morgan Stanley CEO James Gorman, is planning to meet next week and vote on who will replace Iger, The Wall […]
German software giant SAP plunged as much as 11% Thursday after reporting weaker-than-expected growth in its cloud contract backlog in the fourth quarter. It’s the biggest daily fall since October 2020, when its stock dropped 22% following disappointing third-quarter results. The stock is also on track to close at its lowest price since mid-2024. Shares […]
The Boeing Company at Paris Air Show 2025 in Le Bourget Airport. Nicolas Economou | Nurphoto | Getty Images Striking Boeing defense workers in Missouri voted Friday against the company’s latest offer of a modified contract deal, according to the union representing the workers. More than 3,000 workers in the St. Louis area will remain […]
Union members who assemble Boeing’s fighter jets in the St. Louis area have “overwhelmingly voted” to reject the company’s contract offer on Sunday, with the company now preparing for an imminent strike. Boeing’s proposal, which was sent on Tuesday to more than 3,200 members of the International Association of Machinists and Aerospace Workers District 837, included a 20% […]
The major US tolling company that was sold to a Singapore-based firm under the Biden administration is reigniting national security concerns over its links to China, after it won the E-ZPass contract for the New Jersey Turnpike for $250 million more than the American company that has operated it for 22 years. In September, the New Jersey […]
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024. Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s […]
