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Why America’s Largest Tool Company Couldn’t Make a Wrench in America

July 21, 2023 / no comments

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.

The Horrible Performance Review That Set Him on the Road to CEO

July 21, 2023 / no comments

John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But first, he had to get the job. Here’s the path he took to get there.

China’s Government Offers Love, but Entrepreneurs Aren’t Buying It

July 21, 2023 / no comments

The government’s new 31-point guidelines meant to inspire confidence feel empty to businesspeople after a three-year clampdown and no concrete changes.

Judge Rejects Ailing Trucker Yellow’s Bid to Block Strike

July 21, 2023 / no comments

A federal judge rejected trucking giant Yellow’s attempt to block a threatened strike that the debt-laden company said would plunge it into liquidation.

AMC Entertainment Shares Soar After Judge Blocks Equity Transactions

July 21, 2023 / no comments

AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant to complete a set of equity transactions enabling it to issue substantially more shares.

Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds

July 21, 2023 / no comments

Speakers the size of an asterisk have the potential to change the way we reproduce sound, cope with hearing loss—and even make objects in virtual reality feel real.

Booz Allen Pays $377.5 Million to Settle Government Billing Case

July 21, 2023 / no comments

The consulting firm was accused of falsely charging for expenses that should have been paid under its nongovernment contracts from 2011 to 2021.

ESPN Is Said to Talk With Leagues About Taking Stake in Network

July 21, 2023 / no comments

The Disney-controlled channel is trying to find a way forward in the streaming age and has had discussions with the N.F.L., the N.B.A. and Major League Baseball.

Leon Black Agreed to Pay $62.5 Million to Settle Epstein-Related Claims

July 21, 2023 / no comments

The private equity mogul struck a deal with the U.S. Virgin Islands to avoid a potential lawsuit over his ties to Jeffrey Epstein.

Actors’ Strike Leaves Celebrity Podcasts in Grey Zone

July 21, 2023 / no comments

Rewatch podcasts and podcasts affiliated with Hollywood studios were at the center of a week of confusion over union policies. “Nobody really knows,” said Sophia Bush of “One Tree Hill.”

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