Business

In an alarming turn of events for the American auto industry, Stellantis, one of the major trans-Atlantic automakers, has initiated legal action against the United Auto Workers (UAW) and a specific local chapter in California. This conflict arises amid growing tensions between the company and its labor union, highlighting broader concerns related to labor relations
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As Stellantis trudges through tumultuous waters, the third-quarter sales figures reveal critical challenges facing the automaker. Reporting sales of 305,294 vehicles between July and September, Stellantis experienced a staggering decline of 19.8% compared to the same quarter in 2022, with an even sharper drop of 11.5% against the previous quarter of 2023. The outlook appeared
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Dish Network’s journey resembles that of its namesake sitcom “Seinfeld”—filled with promise yet concluding in disappointment. Co-founder Charlie Ergen, during a 2011 earnings call, drew parallels between the cable giant’s strategic direction and the narrative style of the 1990s comedy. Ergen famously shared how “Seinfeld” episodes began with divergent storylines, only to unite in an
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In recent years, the National Basketball Association (NBA) has witnessed a remarkable increase in team valuations, prompting various investors to reassess their portfolios and dive deeper into the basketball business. Notably, businessman Paul Viera is capitalizing on this trend by enhancing his stake in the San Antonio Spurs from 5% to 11%. Such moves not
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