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Canada Is Adding Tariffs to Imports of Chinese EVs, Steel and Aluminum
A 100% surtax will be applied to electric vehicles made in China, while a 25% surtax will be slapped on imports of steel and aluminum products.
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Red Lobster Set to Bring on Former P.F. Chang’s Leader as CEO
Damola Adamolekun aims to reinvigorate the bankrupt seafood restaurant chain, set to be sold in September to a lender group led by Fortress Investment Group.
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Outback Steakhouse Owner Hires Delta Operations Chief as CEO
Bloomin’ Brands said that Mike Spanos will take the helm on Sept. 3 from David Deno, who said in May that he would retire after 12 years at the company.
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Elliott Investment Critiques Southwest Leadership, Overdue Changes
Elliott Management laid out its plan to fix Southwest Airlines and said it plans to meet with the airline’s representatives Sept. 9 in its proxy fight against the company.
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After Hezbollah’s Retaliation, All Eyes Fix on Iran
Iran has remained largely silent about the militant group’s attack on Israel, raising questions about its next move.
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Student Loan Debt Attracts Private-Credit Investors
Asset managers are seeing opportunity in banks looking to slough off credit risks such as student loans.
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William Smith
Writer & Journalist