TradeFlo

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Boeing starts furloughing tens of thousands of employees amid machinist strike: CEO Kelly Ortberg said affected employees would take one week of furlough every four weeks for the strike's duration and he and his team would take pay cuts. https://t.co/AiIHLInHuL

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ESPN's Adrian Wojnarowski will retire from the company to take a job in college basketball: ESPN's senior NBA insider Adrian Wojnarowski is retiring from the company. https://t.co/s24WPbhAmP

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University of Tennessee to raise season ticket prices 10% in anticipation of revenue sharing: Tennessee athletics will raise season ticket prices across all its sports by 10%. https://t.co/SslbAjm9nG

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JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns: The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street. https://t.co/7XaAWaFnQx

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WNBA to add expansion team in Portland, bringing league to 15 franchises: The WNBA is adding another team in Portland in 2026, joining other expansion franchises in San Francisco and Toronto. https://t.co/ScPQKfjGM7

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Lunar company Intuitive Machines' stock jumps nearly 60% after NASA moon satellite contract: NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value of $4.82 billion over five years. https://t.co/iVh1CmJAkX

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Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs: While the talks are early and could falter, the move could mean that the country's largest credit card issuer may be about to grow even larger. https://t.co/1WXnEU04vc

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Alaska-Hawaiian merger clears DOT review, but airlines must preserve miles, routes: The two airlines can begin the process of closing their $1.9 billion merger. https://t.co/X4T1m7RIue

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FanDuel parent Flutter looks for international growth with big acquisitions in Italy, Brazil: Flutter is making acquisitions in Italy and Brazil as the British parent company of FanDuel looks to international markets for growth. https://t.co/XHHkMmCx7Q

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SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says: SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week's United Airlines deal. https://t.co/tUaeEQqSst

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FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle: The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances. https://t.co/klLaVAZr4o

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UAW union files unfair labor charges against Stellantis, accuses automaker of violating contract: The charges are the latest action by the union against Stellantis, which has drawn the ire of UAW leaders for production cuts, layoffs and other actions. https://t.co/a7rrsIVR0D

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In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era: It is one of the latest testimonies in the Federal Trade Commission's lawsuit to block the merger of Coach's owner Tapestry and Michael Kors' owner Capri. https://t.co/xjRC6xES37

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Charter rolls out new Spectrum pricing and internet speeds, aims to 'be a better service operator': Charter Communications is rolling out new pricing and commitments of reliability as it contends with industry shifts in broadband, TV and mobile businesses. https://t.co/dXaVPs75zd

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Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike: Boeing also said it will pause nonessential staff travel and reduce supplier spending as it deals with a strike of more than 30,000 factory workers. https://t.co/W5GSCnMosf

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Drugmakers bet billions that targeted radiation could become the next cancer breakthrough: Bristol Myers Squibb, AstraZeneca, Eli Lilly and other drug companies have invested some $10 billion on promising cancer technology behind Novartis' Pluvicto. https://t.co/4RILeZfSPP

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DirecTV, Disney reach deal to end blackout in time for college football: Disney and DirecTV have reached a deal to end a blackout in time for college football this weekend. https://t.co/8PpAKu6BGP

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Pfizer says its experimental drug for deadly condition that causes appetite and weight loss in cancer patients shows positive trial results: The results could pave the way for Pfizer's drug ponsegromab to become the first-ever approved treatment… https://t.co/iMb2lZwVoB

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Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China: Critics say Shein and Temu are able to offer low prices because they evade import duties under the de minimis exemption — a loophole that could soon be… https://t.co/NgXQZQBZjK

[TradeFlo @TradeFlo]

Boeing warns strike will 'jeopardize' recovery, hurt aircraft production: Brian West said the financial impact of the strike will depend on how long it lasts, but it will affect the company's production of its best-selling planes. https://t.co/13udwi6UQq