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Boeing’s CEO Search Hits Some Snags
Several high-profile candidates have turned down the chance to run Boeing, complicating the jet maker’s search for a new leader.
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Primo Water, BlueTriton Brands Affiliate to Merge
Primo Water and an affiliate of beverage company BlueTriton Brands have agreed to merge in an all-stock transaction to bring together a diversified portfolio of water brands.
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Tesla Sues EV-Battery Supplier Over Alleged Disclosure of Trade Secrets
According to the lawsuit, Matthews International allegedly improperly filed patent applications incorporating Tesla’s trade secrets without the electric-car maker’s consent.
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Zyn Nicotine Pouch Maker Halts Sales on Its Website
Sales were halted after Swedish Match North America received a subpoena regarding the sales of banned flavored nicotine pouches.
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Electric-Vehicle Startup Fisker Files for Bankruptcy
Fisker ran out of cash after a failed effort to change its business model and find a financial savior.
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Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%
Warren Buffett’s conglomerate has sold an additional 1.3 million Hong Kong-listed shares of BYD for $39.8 million, according to a filing.
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Chinese official slams EU probe into EV subsidies as ‘selective’
Europe’s probe into Chinese electric cars was overly selective to the point that the results are not credible, a Chinese official claimed in an interview.
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Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
The chip stock will jump to about 21% from 6% in a $70 billion tech ETF once a new rebalance takes effect.
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Apple stops offering buy now, pay later loans in U.S.
Apple said it would no longer issue loans that enabled customers to buy products online and pay in four interest-free installments, at prices up to $1,000.