Latest in Power Companies Puerto
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AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.Business - CNBC - October 23 -
Turkish media report explosion and gunfire at premise of a state aerospace company
Turkey’s air force has struck Kurdish militant targets in Iraq and Syria in an apparent retaliation for an attack at a key state-run defense company that killed five people and injured more than 20 ...World - ABC News - October 23 -
Terror attack blamed as five killed and 22 wounded at Turkish aerospace firm
Recep Tayyip Erdoğan condemns ‘heinous’ attack after explosion and reports of gunfire at Tusaş HQ near Ankara. Turkey’s interior minister has blamed a “terrorist attack” for an explosion and ...World - The Guardian - October 23 -
At least 3 dead after a terrorist attack on Turkish defense company
The "terrorist attack" hit the headquarters of Turkish Aerospace Industries (TUSAS), one of Turkey's top defense companies, officials said.Top stories - NBC News - October 23 -
Former OpenAI Researcher Says Company Broke Copyright Law
Suchir Balaji helped gather and organize the enormous amounts of internet data used to train the startup’s ChatGPT chatbot.Tech - The New York Times - October 23 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
More Companies Bring Back Retired Veteran Executives for Steady Leadership
As CEO departures rise, many businesses are putting veteran former employees in top jobs to keep shareholders calm.Business - Inc. - October 23 -
Florida mother files lawsuit against AI company over son's death
Megan Garcia says her son was in a monthslong virtual emotional and sexual relationship with a chatbot. Garcia claims the Character.AI bot encouraged her son to take his own life.Top stories - CBS News - October 23 -
Latino Theater Company celebrates 'Encuentro' festival's 10th anniversary
For the next three weeks, the downtown theater nonprofit is hosting performance groups from all over the country to share their stories of Latinidad onstage.Entertainment - Los Angeles Times - October 24 -
Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
Historic season for Navy's Blake Horvath has him in elite company
Horvath has helped lead Navy to a 6-0 start for the first time since 1979. Up next: Notre Dame.Sports - ESPN - October 26 -
Boeing workers vote to reject company offer, continuing the strike
Striking Boeing workers voted to reject the company's latest contract proposal, in a major setback for Boeing that could also have implications on the U.S. economy. The rejected deal called for a ...Top stories - CBS News - October 24 -
Turkey Seeks Opening With Kurdish Militants Despite Attack on Aerospace Company
Recent gestures by Turkish leaders suggest the possibility of new peace talks with the group fighting for Kurdish autonomy.World - The New York Times - October 25 -
This massive flooring company says the housing market will get better — next year
Mohawk Industries’ product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.Business - MarketWatch - October 25 -
Companies to Pay $101.9 Million to Settle Baltimore Bridge Collapse Lawsuit
The suit by the Justice Department was filed last month and laid out what investigators had learned about the ship’s short and catastrophic journey.Top stories - The New York Times - October 25 -
Tory treasurer’s water company in discussions to take stake in Thames Water
Castle Water’s plans for the troubled utility include an eventual IPOBusiness - Financial Times - October 25 -
Big companies are seeing more turnover in the CFO chair. Here's why that matters
CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023.Business - CNBC - October 26 -
Luxury, defence and construction companies hit by French tax hike
Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reformsBusiness - Financial Times - October 27