Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO
Associated Press » Business
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1d ago
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away ..read more
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Air Vanuatu cancels flights and considers bankruptcy protection
Associated Press » Business
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1d ago
Air Vanuatu has cancelled international flights for four days and is considering bankruptcy protection for the South Pacific state-owned carrier ..read more
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Japanese automaker Nissan reports 92% jump in profit as sales surge
Associated Press » Business
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1d ago
Nissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China ..read more
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Feds have ‘significant safety concerns’ about Ford fuel leak recall and demand answers about the fix
Associated Press » Business
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1d ago
Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires. The U.S ..read more
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Japan Fisheries Agency proposes allowing commercial catching of fin whales
Associated Press » Business
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1d ago
Japan’s Fisheries Agency has proposed a plan to allow catching fin whales in addition to three smaller whale species currently permitted under the country’s commercial whaling around its coast ..read more
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Bread loaves recalled in Japan after ‘rat remains’ were found
Associated Press » Business
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1d ago
Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found ..read more
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How to turn a supermarket bouquet into a lusher, more personalized flower arrangement
Associated Press » Business
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1d ago
If your heart is telling you to give a luxurious bouquet of flowers, but your wallet is saying shop at the supermarket, fear not ..read more
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US weekly jobless claims hit highest level since August of 2023, though job market is still hot
Associated Press » Business
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1d ago
The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening ..read more
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Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
Associated Press » Business
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1d ago
Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households ..read more
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Ramón Fonseca, partner in firm at center of “Panama Papers” scandal, dies
Associated Press » Business
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1d ago
Ramón Fonseca, a partner in the Mossack Fonseca law firm at the center of the “Panama Papers” scandal, has died ..read more
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