On eve of Japanese prime minister’s visit to North Carolina, Fujifilm announces more jobs there

[ad_1] RALEIGH, N.C. — Hours before the Japanese prime minister’s arrival in North Carolina, a subsidiary of Japan’s Fujifilm Corp. announced Thursday plans to expand further a massive biopharmaceutical manufacturing plant in the state, even as the initial phase is not yet complete, promising another 680 jobs. Gov. Roy Cooper joined a company executive and … Read more

Disney shareholders back CEO Iger, rebuff activists who wanted to shake up the company

[ad_1] SAN FRANCISCO — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had recommended a slate of directors that did not include Peltz or Rasulo. The … Read more

United Airlines is asking pilots to take time off in May because of a shortage of new Boeing planes

[ad_1] United Airlines is asking its pilots to take time off in May because of delays in receiving new planes that the airline ordered from Boeing, which is struggling with production due to manufacturing problems. A United spokesperson said Monday that the offer is voluntary. “Due to the recent delays in Boeing deliveries, our forecasted … Read more

Michelle Yeoh to join business and political leaders at Global Citizen NOW summit to fight poverty

[ad_1] NEW YORK — Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced on Thursday. The Global Citizen NOW summit will seek support for workable … Read more

Former executive given death sentence in poisoning of founder of high-flying Chinese gaming company

[ad_1] BEIJING — A former executive at Yoozoo Games was sentenced to death on Friday in the 2020 poisoning of the founder of the high-profile Chinese gaming company, which has links to Game of Thrones and the new Netflix series, “The Three-Body Problem.” Xu Yao poisoned the food of company founder Lin Qi in December … Read more

Is Donald Trump’s Truth Social headed to Wall Street? It comes down to a Friday vote

[ad_1] NEW YORK — Donald Trump’s return to the stock market could be right around the corner. All eyes are on a vote scheduled for Friday by shareholders of Digital World Acquisition Corp., a publicly traded shell company that is looking to merge with the former president’s media business. The deal’s approval would open the … Read more

Doing business in China is growing tougher, more uncertain, European business group says

[ad_1] BEIJING — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years. … Read more

The inside story of a rotten Hewlett Packard deal to be told in trial of fallen British tech star

[ad_1] SAN FRANCISCO — An $11 billion acquisition that backfired on Silicon Valley pioneer Hewlett Packard more than a decade ago will be resurrected Monday during a trial that will explore whether the deal was an illegal rip-off or a case of botched management. The criminal trial in San Francisco federal court revolves around HP’s … Read more

The inside story of a rotten Hewlett Packard deal to be told in trial of fallen British tech star

[ad_1] SAN FRANCISCO — An $11 billion acquisition that backfired on Silicon Valley pioneer Hewlett Packard more than a decade ago will be resurrected Monday during a trial that will explore whether the deal was an illegal rip-off or a case of botched management. The criminal trial in San Francisco federal court revolves around HP’s … Read more

OpenAI has ‘full confidence’ in CEO Sam Altman after investigation, reinstates him to board

[ad_1] OpenAI is reinstating CEO Sam Altman to its board of directors and said it has “full confidence” in his leadership after the conclusion of an outside investigation into the company’s turmoil. The ChatGPT maker tapped the law firm WilmerHale to look into what led the company to abruptly fire Altman in November, only to … Read more