SpaceX Astronauts Set for Private Spacewalk – Daily Frontline
Billionaire Jared Isaacman is helping to fund the first-ever commercial spacewalk that will test new SpaceX-designed suits. Source link
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The Family Rift Driving Rupert Murdoch to Redo His ‘Irrevocable’ Trust – Daily Frontline
A yearslong succession drama is heading for its series finale in a Nevada court. The four oldest children are facing off over control of media empire. Source link
Topgolf Sent Callaway Into the Rough – Daily Frontline
Sept. 11, 2024 7:00 am ET Duffers are ruining things for Topgolf Callaway MODG -9.05%decrease; red down pointing triangle. Serious golfers are reliably showing up on golf courses, spending money on their equipment and golf balls. But recreational players are no longer as keen on shelling out some $70 an hour on a driving range…
Battery Maker Northvolt to Cut Jobs Amid Cooling EV Market – Daily Frontline
Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools. Source link
Squarespace Gets Sweetened $7.2 Billion Offer From Permira to Go Private – Daily Frontline
The new offer price is 5.7% higher than the previous agreement announced in May. Source link
Starboard Calls on News Corp to Scrap Dual-Class Share Structure – Daily Frontline
The activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch. Source link
Norfolk Southern Probing Potential Misconduct by CEO – Daily Frontline
The freight railroad said it has opened an investigation into allegations of potential conduct by Alan Shaw that is inconsistent with its code of ethics and company policy. Source link
Discount Retailer Big Lots Files for Bankruptcy – Daily Frontline
U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending after a postpandemic surge. Source link
Ubisoft Investor Calls For Videogame Maker to Go Private – Daily Frontline
Shares of Ubisoft Entertainment plunged after a minority investor called for the maker of the Assassin’s Creed videogame franchise to go private and install a new management team. Source link
China’s EV, Hybrid Sales Maintain Momentum – Daily Frontline
Sales of electric vehicles and hybrids continued to rise in China, despite weaker overall sales, as authorities rolled out incentives to boost EV consumption and a price war eased. Source link