Corporate executives complain about some of President Biden’s policies, along with his rhetoric. But so far they have not abandoned him en masse.
Category: Corporations
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Why Many CEOs Still Support Biden Over Trump
Corporate executives complain about some of President Biden’s policies, along with his rhetoric. But so far they have not abandoned him en masse.
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California Moves to Modify Law Letting Workers Sue Employers
Gov. Gavin Newsom announced a deal with business and labor leaders heading off a ballot measure to repeal the law, which has cost companies billions.
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Toyota Investors Challenge Scion’s Grip at a ‘Critical Juncture’
Akio Toyoda ran Toyota for 14 years before handing the reins to a new C.E.O. last year, but some have grown concerned about the control he still wields.
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C.F.P.B. to Create ‘Corporate Offender’ Registry
Most companies will be required to report government and court orders penalizing them for consumer protection violations.
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U.S. Accuses Hyundai and Two Other Companies of Using Child Labor
The Labor Department filed a lawsuit accusing Hyundai, one of its suppliers and a staffing company of jointly employing a 13-year-old on an auto body parts assembly line in Alabama.
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Wanted: An Executive to Repair Boeing
The plane maker, which is searching for a new chief executive, is likely to consider a small number of people, including several former Boeing executives.
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F.T.C. Said to Consider Blocking Major Fashion Merger
Regulators are expected to meet next week to discuss the $8.5 billion deal between Coach’s owner, Tapestry, and Michael Kors’ parent company, Capri Holdings, which would create a U.S. luxury conglomerate.
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Norfolk Southern Settles Derailment Suit for $600 Million
The railroad company will pay residents and businesses in East Palestine, Ohio, and the surrounding area after a derailment last year.
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Tesla Settles Lawsuit Over a Fatal Crash Involving Autopilot
A Tesla driver’s family had sought damages for the 2018 crash, which happened while the carmaker’s driver-assistance software was in use.