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Norfolk Southern leaders were dealt a heavy blow in their proxy fight with activist investor Ancora Holdings after proxy advisory firm Glass Lewis endorsed six of Ancora’s seven proposed board nominees.
Tentative approval for the software feature follows Musk’s surprise visit to Beijing and marks a crucial victory in his push to reignite Tesla’s growth.
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.
The missile supplier built a factory in Utah to produce a key chemical. So far it has struggled to take off.
The board is considering installing a committee of top executives to run the company on an interim basis as turmoil over sale talks deepens.
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