USDA documented insects and slime at Boar’s Head plants, records show
Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the Virginia factory that was shut down last year after a deadly outbreak of listeria poisoning, federal records show.
WTOP (wtop.com)
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Top BlackRock executive Mark Wiedman to depart
Move scrambles asset management giant’s plans to eventually replace founder Larry Fink
Financial Times (www.ft.com)
• Published 3 months ago
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Biden’s ban on Chinese and Russian car software moves ahead
There are some exemptions, but the rule would block imports from MY2027.
Ars Technica (arstechnica.com)
• Published 3 months ago
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JPMorgan's Piepszak exits CEO race for now, making contest murkier
One of the leading contenders to become CEO of JPMorgan Chase , Jennifer Piepszak, on Tuesday took herself out of the running for now, raising the chances of a trio of other executives vying for Wall Street's top job.
Reuters (www.reuters.com)
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Wall Street rises in choppy trade as inflation data eyed
U.S. stocks rose modestly in choppy trade on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.S. economy.
Reuters (www.reuters.com)
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Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.
The Washington Post (www.washingtonpost.com)
• Published 3 months ago
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Trump’s Billionaire Groupies Get Inauguration Day Pay-Off for Kissing Up
Elon Musk, Mark Zuckerberg and Jeff Bezos are all expected to have prime seats during the president-elect’s big day.
Daily Beast (www.thedailybeast.com)
• Published 3 months ago
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JPMorgan Chase’s Jenn Piepszak replaces Daniel Pinto as chief operating officer
Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chief
Financial Times (www.ft.com)
• Published 3 months ago
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1 in 5 Online Job Postings Are Either Fake or Never Filled, Study Finds
A plague of "ghost jobs" is haunting the modern job-seeker.
Gizmodo.com (gizmodo.com)
• Published 3 months ago
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United Rentals boosts equipment capacity with $4.8 billion H&E deal
United Rentals said on Tuesday it would acquire smaller rival H&E Equipment Services in a deal valued at $4.8 billion, as the company looks to tap into demand for equipment rentals in more markets within the United States.
Reuters (www.reuters.com)
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Brown-Forman cutting global workforce, closing barrel-making operation in Louisville
The company made the restructuring announcement on Tuesday.
WDRB (www.wdrb.com)
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Nvidia Stock Gains. How AI Biden AI Chip Export Restrictions Would Affect It.
Barron's (www.barrons.com)
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Super Micro Stock Bounces Back After Drop. What’s Moving SMCI.
Barron's (www.barrons.com)
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Biden administration announces $23M for Vermont ‘Tech Hub’
The Biden administration Tuesday announced $23 million to fund Vermont’s Tech Hub.
WCAX (www.wcax.com)
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FTC Releases Second Interim Staff Report on Prescription Drug Middlemen
The Federal Trade Commission today published a second interim staff report on the prescription drug middleman industry, which focuses on pharmacy benefit managers’ (PBMs) influence over specialty g
Ftc.gov (www.ftc.gov)
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Boeing closes the books on a terrible 2024
Boeing had a decent orderbook in December to cap a very bad year. But its deliveries for the month show it continues to struggle to rebound from the crippling strike earlier in the fall.
CNN (www.cnn.com)
• Published 3 months ago
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Allstate sued for allegedly tracking drivers’ behavior through third-party apps
With connected cars and revenue-hungry apps, insurers are flush with data.
Ars Technica (arstechnica.com)
• Published 3 months ago
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China mulls selling TikTok to Musk as US sale-or-ban deadline looms
The ByteDance-owned app is set to be banned in the US from Sunday if its US operations aren’t sold to an American company.
Semafor.com (www.semafor.com)
• Published 3 months ago
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Hanging out at Starbucks will cost you as company reverses its open-door policy
If you want to hang out or use the restroom at Starbucks, you're going to have to buy something. Starbucks on Monday said it was reversing a long-standing policy that invited everyone into its stores.
KSL.com (www.ksl.com)
• Published 3 months ago
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Zuckerberg says Meta will lay off more ‘low-performers’
Meta’s CEO warns of ‘an intense year’ ahead in an internal memo: ‘I’ve decided to raise the bar on performance management and move out low-performers faster.’
The Verge (www.theverge.com)
• Published 3 months ago
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