US Business
Norfolk Southern Agrees to $600 Million Ohio Train Derailment Settlement
If approved, the money could be disbursed to claimants as soon as year’s end, says an attorney.
Year: 2024
US Business
GM’s Cruise Attempts Comeback for Its Driverless Fleet—With Human Drivers First
The company suspended nationwide self-driving operations last year after California regulators pulled its permit following a crash.
US Business
Australia to Toughen Merger Rules
Australia plans to toughen its corporate merger rules amid regulators’ and public concerns that market concentration is restricting competition in key industries and adding to inflation.
US Business
NCAA Women Beat Men in Finals’ Ratings for First Time—but Got 99% Less TV Money
The women’s college basketball championship game drew 18.9 million viewers vs. 14.8 million for the men’s final, fueled by Caitlin Clark’s emergence as a superstar.
US Business
Bang & Olufsen to Adjust Investments as Europe, China Markets Struggle
Bang & Olufsen will continue to target a larger share of higher margin revenue but it will adjust the timing and size of investments amid challenging market conditions, including in key markets in Europe and China.
US Business
Philips Reaches Final Pact With U.S. Govt. on Ventilator Recall
Philips said it reached a final agreement with the U.S. Justice Department and Food and Drug Administration on terms of a settlement related its Respironics ventilators, and backed its medium-term guidance.
US Business
Indonesian Jelly Gum Maker Mulls Sale
Southeast Asia’s largest gummy maker is weighing options for its business, including a sale that could value Indonesia-based Yupi Indo Jelly Gum at about half a billion dollars.
US Business
Blizzard Videogames to Return to China in New NetEase Deal
Blizzard Entertainment will collaborate with China’s NetEase to bring its blockbuster game titles back to the mainland Chinese market this summer.
US Business
Esprit in Talks With Private-Equity Firm for Potential Investments
The fashion retailer said the potential investor has expressed interest in a possible partnership.
Chamber Updates
Joplin Area Chamber of Commerce Board Approves Public Resolution in Support of Missouri State Chamber’s Childcare Initiative
(Joplin, MO) — The Joplin Area Chamber of Commerce’s Board has approved a resolution in support of the Missouri State Chamber’s efforts to address childcare issues that are hindering the state’s workforce capacity. The Joplin […]