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Breaking News: Business

ESPN’s Adrian Wojnarowski retires and takes over job at St. Bonaventure

Adrian Wojnarowski looks on before the game on June 7, 2023 at the Kaseya Center in Miami, Florida. National Basketball Association | Getty Images ESPNStar NBA insider Adrian Wojnarowski is retiring from the company, according to a post on his…

Shein and Temu targeted by White House de minimis rules

U.S. President Joe Biden delivers a speech during a visit to the United Association Local 190 training center in Ann Arbor, Michigan, U.S., September 6, 2024. Craig Hudson | Reuters The Biden administration announced new steps on Friday to curb…

Boeing halts hiring quota as part of comprehensive cost cuts to combat strikes

Workers with strike signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, U.S., on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a…

DirecTV and Disney agree to end the ban in time for college football

DirecTV and Disney have reached an agreement that will make Disney’s ESPN and other channels available to the pay-TV provider’s customers again after a two-week suspension. The deal comes in time for this Saturday’s college football broadcasts, which will air…

Boeing factory workers go on strike for the first time since 2008 after overwhelmingly rejecting a collective bargaining agreement

BoeingFactory workers went on strike after midnight Friday, halting production of the company’s best-selling aircraft, after the workforce overwhelmingly rejected a new labor contract. It is a costly development for the manufacturer, which has struggled to ramp up production and…

$1 billion in cost reductions, 10 product launches planned

Exterior view of Moderna headquarters, Cambridge, Massachusetts, USA. Plexi images | Universal Images Group | Getty Images Moderna announced on Thursday that the company plans to cut spending by about $1.1 billion by 2027 and seek approvals for several new…

Microsoft cuts 650 jobs in Xbox gaming division

Phil Spencer, executive vice president at Microsoft, speaks at the company’s Xbox One X unveil event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 11, 2017. Patrick T Fallon | Bloomberg | Microsoft announced Thursday that…

SpaceX conducts historic first spacewalk with Polaris Dawn crew

Polaris Dawn commander Jared Isaacman emerges from SpaceX’s Dragon capsule during a spacewalk on September 12, 2024. SpaceX SpaceX conducted its first spacewalk in the early hours of Thursday morning – a historic first for a company. The highlight of…

Norfolk Southern CEO Alan Shaw replaced by CFO after alleged scandal

Former Norfolk Southern CEO Alan Shaw testified during a Senate Commerce, Science, and Transportation Committee hearing titled “Improving Railroad Safety in Response to the East Palestine Derailment” in Washington on March 22, 2023. Evelyn Hockstein | Reuters Norfolk South CEO…

DirecTV customers could miss “Monday Night Football” in Disney dispute

Millions of DirecTV customers likely won’t be able to watch the NFL’s opening game, “Monday Night Football,” on ESPN because the company has yet to reach an agreement with the network’s parent. Disney As of Monday evening. Disney’s television channels…