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U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending after a postpandemic surge.

The freight railroad said it has opened an investigation into allegations of potential conduct by Alan Shaw that is inconsistent with its code of ethics and company policy.

The activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch.

The new offer price is 5.7% higher than the previous agreement announced in May.

Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools.

Investors in Asia will assess Japan’s revised second-quarter GDP and look toward China’s August inflation data.

Leqembi’s rollout has been slowed by bottlenecks related to reimbursement uncertainties, diagnostic test requirements and regular brain scans, among others.

The four-year deal between Boeing and its Seattle-area workers’ union comes with 25% raises over the four years of the contract.

The probe at Norfolk Southern is in its early stages, and it is possible that no misconduct may be uncovered.