Industry

Teamsters picket Amazon delivery sites in Los Angeles and Queens over alleged retaliation

Teamsters picketed Amazon facilities in Los Angeles and Queens, saying Amazon canceled a DSP contract after drivers unionized; NLRB cases are pending.

$AMZN, #teamsters, #amazon, #labor, #delivery

Japan to Release Second Tranche of National Oil Reserves, Shipments Start May 1

Japan will release 5.8 million kiloliters — about 20 days of use — from national reserves starting May 1 to steady supplies amid Middle East disruption.

#japan, #oil, #energysecurity, #strategicreserves

U.S. Banking Regulators Finalize Rule Lowering Community Bank Leverage Ratio to 8%

Federal regulators finalized a rule lowering the Community Bank Leverage Ratio to 8% and lengthening the grace period for small banks.

#banking, #communitybanks, #regulation, #capital

Golden Pass LNG Ships First Export Cargo on April 22, Adding U.S. Capacity

Golden Pass LNG loaded its first cargo on April 22 at Sabine Pass, Texas, becoming the 10th U.S. export terminal and boosting exports by ~2.1 Bcf/d.

$XOM, #lng, #naturalgas, #energy, #goldenpass

Longtime Xbox Executive Kiki Wolfkill Leaves Microsoft After 28 Years

Kiki Wolfkill, Xbox’s head of IP expansion and longtime Halo executive producer, left Microsoft on April 17 after nearly 28 years; next role unannounced.

$MSFT, #kikiwolfkill, #microsoft, #xbox, #halo

Army Discloses $2.7 Billion Dark Eagle Production Award but Leaves Contractor Unnamed

Army announced a $2.7 billion production contract for the Dark Eagle hypersonic glide body tied to an accelerated FY2026 fielding, but did not name the contractor.

#defense, #hypersonics, #army, #procurement

Pompano Beach UNFI Warehouse Ratifies First Teamsters Contract with 31% Raise

More than 200 UNFI warehouse workers in Pompano Beach ratified a five-year Teamsters contract with a 31% wage increase, pension and Teamsters health care.

$UNFI, #labor, #union, #unfi, #teamsters

After Intrepid’s Collapse, Court Battle Over ‘Ashes of Creation’ Source Code and Alleged Unpaid Wages

Intrepid Studios collapsed weeks after Ashes of Creation's Early Access launch. Now lawsuits seek control of the game's code and probe unpaid wages.

#gaming, #mmorpg, #crowdfunding, #layoffs

Jury Finds Live Nation, Ticketmaster Illegally Monopolized Concert Ticketing

A Manhattan jury found Live Nation and Ticketmaster illegally monopolized concert ticketing and overcharged fans, sending the case to a remedies phase.

$LYV, #livenation, #ticketmaster, #antitrust, #concerts

BBC to Cut Up to 2,000 Jobs to Close About £500 Million Funding Gap

BBC will cut 1,800–2,000 jobs over two years to close a roughly £500m shortfall as licence-fee income falls and leadership changes loom.

#bbc, #jobcuts, #licencefee, #media

FTC and Eight States File Complaint Against Major Ad Agencies Over Alleged Brand‑Safety Collusion

FTC and eight states say WPP, Publicis and Dentsu colluded through industry groups to impose a 'brand safety' floor that cut ad revenue from sites.

#antitrust, #advertising, #ftc, #media

FTC Orders Rollins to Stop Enforcing Noncompetes for Over 18,000 Workers

FTC says Rollins' noncompetes barred many low-wage workers; agency orders company to stop enforcement and warns other pest-control firms.

$ROL, #ftc, #noncompete, #rollins, #labor

FedEx and Pilots Reach Tentative Deal to Raise Pay About 40% and Deliver Large Back Pay

FedEx and its pilots’ union reached a tentative multi‑year pact to raise hourly pay about 40% in 2026 and deliver substantial retroactive cash.

$FDX, #fedex, #pilots, #labor, #aviation

Raytheon Signs $3.7 Billion Deal to Supply Patriot GEM‑T Missiles to Ukraine as German Line Scales Production

RTX says it signed a $3.7B direct commercial sale of Patriot GEM‑T interceptors to Ukraine, backed by a new production line in Schrobenhausen, Germany.

$RTX, #defense, #patriot, #ukraine, #raytheon

Dow Elevates COO Karen S. Carter to CEO; Jim Fitterling to Become Executive Chair on July 1, 2026

Dow will name COO Karen S. Carter CEO on July 1, 2026; current CEO Jim Fitterling becomes executive chair as the company advances its transformation.

$DOW, #dow, #leadership, #succession, #chemicals, #restructuring