Top stories: Top business news of the day – Sunday, 11:00 p.m. ET

Boeing Machinist Strike Adds Cash Crunch to New CEO's Rescue Mission

Rating agencies have warned that a prolonged work stoppage could cause the plane maker’s debt to become junk.

 
Air Canada, Pilots' Union Avert Strike With Four-Year Deal

The airline and the Airline Pilots Association reached a tentative collective agreement Sunday morning, averting a strike at Canada’s largest airline.

 
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers

Residents of Pennsylvania’s steel region are fighting to keep their jobs at U.S. Steel, even if it means the company being taken over by foreign capital.

 
He Used to Bag Groceries. Now Kroger's CEO Is Trying to Save a $20 Billion Deal.

Rodney McMullen is fighting to save a deal he believes will secure Kroger’s future in the face of another wave of industry disruption.

 
World's Biggest Hedge Fund Sells Apple, Eli Lilly Stock, and Buys Microsoft, Moderna

Bridgewater Associates reduced its stake in Apple, halved its investment in Lilly, doubled its investment in Microsoft and bought Moderna in the second quarter.

 
Disney, DirecTV Reach Deal That Ends ABC, ESPN Blackout

Under the agreement, Disney’s channels will be restored to the satellite broadcaster after a nearly two-week impasse.

 
What Scared Ford's CEO in China

Jim Farley is shifting strategy to combat what he calls an “existential threat” from Chinese electric car makers.

 
Google's Breakup Is Starting to Get Priced In

The company’s value has fallen as analysts are less optimistic and believe that two antitrust proceedings will not benefit the company.

 
Auckland Airport to Raise Up to $860 Million, Signs Terminal Contract

Auckland International Airport said it plans to raise $860 million to upgrade facilities built some 60 years ago.

 
The New Marketing Head at X Has an Impossible Job

Angela Zepeda “loves a big challenge.” Repairing advertiser relationships at Elon Musk’s social media company will be her biggest task yet.

(END) Dow Jones Newswires

September 15, 2024, 11:15 PM ET (03:15 GMT)