The decision came three years after the publication ended its storied print edition, which began in 1872. It will still publish articles and videos on its website.
Category: Shutdowns (Institutional)
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G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.
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Jezebel Will Shut Down, Parent Company Announces
Citing “economic headwinds rattling our business,” Jim Spanfeller, the chief executive of Jezebel’s parent company, G/O Media, announced the suspension of the publication and staff layoffs.
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Rite Aid Is Closing 154 Stores
The pharmacy chain, once the largest in the United States, detailed a batch of store closures in a bankruptcy court filing.
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For Bill Ford, ‘Every Negotiation Is a Roller Coaster’
The executive chairman of Ford Motor counsels patience as his company negotiates with the United Automobile Workers union, which has shut three of his company’s plants.
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Taylor Swift’s ‘Eras’ Is Easily the Biggest Concert Film Opening Ever
The movie made an estimated $95 million in ticket sales in the U.S. and Canada, giving a big boost to theaters suffering from strike-related delays.
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U.A.W., Citing Progress in Talks, Does Not Expand Strikes
The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
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McCarthy’s Ouster Adds to Market Jitters
Stocks and bonds have tumbled worldwide, with the 30-year Treasury bill hitting a 16-year high. Investors are worried about the economy’s health.