News Highlights: Top Company News of the Day – Monday at 1 AM ET

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

Ratings firms are warning that a prolonged work stoppage could sink the jet maker’s debt into junk status.

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

The airline and Air Line Pilots Association reached a tentative labor agreement early Sunday, averting a strike at Canada’s biggest airline.

 
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers

In Pennsylvania’s steel country, locals fight to keep their jobs at US Steel even if it means foreign ownership.

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

Rodney McMullen is fighting to save the deal he believes will secure Kroger’s future in the next wave of industry disrupters.

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

Bridgewater Associates slashed a stake in Apple, halved its Lilly investment, doubled down on Microsoft, and bought Moderna in the second quarter.

 
Disney, DirecTV Reach Deal That Ends ABC, ESPN Blackout

The pact returns Disney’s channels to the satellite broadcaster after a nearly two-week stalmate.

 
What Scared Ford's CEO in China

Jim Farley is changing strategy to combat what he calls an “existential threat” from China’s electric carmakers.

 
Google's Breakup Is Starting to Get Priced In

Valuation has fallen as analysts are less optimistic that dual antitrust cases will leave the company unscathed.

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

Auckland International Airport said it would seek to raise up to $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 relationships with advertisers at Elon Musk’s social-media company will be her biggest yet.

(END) Dow Jones Newswires

September 16, 2024 01:15 ET (05:15 GMT)