News Highlights: Top Company News of the Day
UAW Strike Sends GM, Stellantis Scrambling to Keep Repair Parts Flowing
Stellantis lined up a nonunion warehouse ahead of walkouts to
distribute parts to dealerships, a company document shows.
Amazon's Own Track Record Undercuts the FTC's Case
Thin profit margins and growing competition don't support
Hyundai, Kia Recall 3.3 Million Vehicles Due to Fire Risk
Hyundai Motor America and Kia America have issued "park outside"
recalls for more than 3.3 million vehicles due to the risk of
TikTok Employees Say Executive Moves to U.S. Show China Parent's Role
U.S. staff members have raised questions internally about recent
personnel transfers from ByteDance.
Tesla CEO Elon Musk Says UAW Demands Could Bankrupt Ford, GM
President Biden supported the UAW's demands for a 40% pay
increase as he joined the picket line in Michigan.
JPMorgan Chase names new investment-bank boss and sets up digital bank in flurry of personnel moves
Jay Horine will head up North America investment-bank client
coverage and will be global industry co-head for energy, power,
renewables, metals and mining.
Amazon Aggregator Thrasio Engages Restructuring Advisers
Thrasio, a startup that raised at least $3.4 billion to buy up
consumer brands sold on Amazon, is exploring restructuring options
as it contends with a postpandemic slump in online spending.
Marriott sees 2023 EPS growth of up to 29%
Marriott reiterated its 2023 outlook for adjusted EPS growth,
and will outline its three-year growth plan at its security analyst
A Futuristic Plan to Make Steel With Nuclear Fusion
Helion Energy and Nucor are teaming up to build a power plant at
one of Nucor's U.S. steel mills.
With Howard Schultz Gone, New Starbucks CEO Looks to Reset
Laxman Narasimhan, who took over the top job this year, is
trying to mend the fractured relationship between workers and
(END) Dow Jones Newswires
September 27, 2023 13:00 ET (17:00 GMT)
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