Business

Canada’s labor minister says freight rail operations to renew “forthwith.” More

In a letter from its attorneys, Skydance accuses Paramount’s committee of administrators of violating the phrases of its deal. More

Federal prosecutors charged crypto lobbyist Michelle Bond with conspiring along with her romantic companion, former FTX government Ryan Salame, to illegally fund her failed 2022 congressional bid. More

The Air Line Pilots Association, which represents greater than 5,400 pilots on the flag provider, stated 98% of the pilots voted in favor of authorizing union leaders to name a strike. More

The transfer comes after Mark Schneider, chief govt for the final eight years, determined to step down from his roles as CEO and member of the board of administrators and depart the corporate. More

Federal auto-safety regulators have ended an investigation into the autonomous-driving system utilized by General Motors’ driverless-car enterprise after a recall resolved considerations round inappropriately laborious braking. More

The California utility firm has reported to state regulators 62 ignitions in high-threat hearth areas to date this 12 months, in contrast with 65 for the whole lot of 2023, in keeping with firm executives. More

Deutsche Bank stated it reached agreements with a big share of plaintiffs to settle a long-running authorized case over the worth of the acquisition of Postbank, a rival financial institution it purchased greater than a decade in the past. More

Advance Auto Parts has agreed to promote its Worldpac subsidiary to Carlyle Group for $1.5 billion in money. More

Shares in Bavarian Nordic surged after the Danish Mpox vaccine maker obtained a brand new order and reported earnings that beat expectations. More

Chinese search-engine big Baidu reported better-than-expected revenue as its AI-related enterprise continued to develop, offsetting headwinds from a slowing economic system. More

The departing chief was the face of resurgence on the firm. Analysts say it has a deep bench. More