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.

BHP Brasil said that together with Samarco and Vale it has submitted a nonbinding indicative settlement proposal worth around $25.7 billion relating to the failure of the Samarco dam in 2015.

The missile supplier built a factory in Utah to produce a key chemical. So far it has struggled to take off.

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 board is considering installing a committee of top executives to run the company on an interim basis as turmoil over sale talks deepens.