Jeff Bezos Picks Female Aerospace Pioneer to Launch With Him

Jeff Bezos Picks Female Aerospace Pioneer to Launch With Him

CAPE CANAVERAL, Fla.—Blue Origin’s Jeff Bezos has chosen an early female aerospace pioneer—an 82-year-old pilot denied astronaut wings decades ago because of her gender—to rocket into space with him later this month. The company announced Thursday that Wally Funk will be aboard the July 20 launch from West Texas, flying in the capsule for the…

Roche to Cut 300–400 Product Development Jobs: Swiss Newspaper

Roche to Cut 300–400 Product Development Jobs: Swiss Newspaper

ZURICH—Roche plans to cut 300–400 jobs this year at product development (PD) sites, company executives including Chief Medical Officer Levi Garraway said during a recorded video call with employees obtained by Swiss newspaper Blick. “We’ve made the difficult decision to reduce our workforce in PD by around five to seven percent by the end of…

Nissan Bets Big on UK With EV Battery Plant and New Crossover

Nissan Bets Big on UK With EV Battery Plant and New Crossover

SUNDERLAND, England—Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model. Facing the most profound technological shift in a century, the titans of the auto industry…

3 Emerging Risks Rising Out of the Pandemic — and the Huge Impact They’ll Have for Years to Come
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3 Emerging Risks Rising Out of the Pandemic — and the Huge Impact They’ll Have for Years to Come

Predictions are in, and the 2021 hurricane season is looming large. Property owners must seek out an insurance partner that can help manage the storm, but also be there long after the winds die down. Hurricane risk continues to grow in both the number of named storms and in the volatility of an individual event….

Luxury Retailer Neiman Marcus to Stop Selling Fur Products by Early 2023

Luxury Retailer Neiman Marcus to Stop Selling Fur Products by Early 2023

Luxury department store chain Neiman Marcus Group will close its fur salons and become fur-free by early 2023, it said on Wednesday. The changes are a part of its environmental, social, governance goals to identity and disclose topics like animal welfare, the company said. “It is clear the future is fur-free and that includes the…

Smithfield Foods to Pay $83 Million to Settle Pork Price-Fixing Claims

Smithfield Foods to Pay $83 Million to Settle Pork Price-Fixing Claims

Smithfield Foods Inc said on Wednesday it will pay $83 million to settle litigation that accused several companies of conspiring to limit supply in the $20 billion-a-year U.S. pork market to inflate prices and their own profits. The settlement with Smithfield resolves antitrust claims by “direct” purchasers such as Maplevale Farms that accused the nation’s largest pork companies of having fixed prices beginning in 2009. Smithfield’s settlement requires approval by Chief Judge John Tunheim of…