OpenAI Employees Threaten to Quit Unless Board Resigns 

More than 700 employees have threatened to resign from the company if the current board doesn't resign and reinstate former CEO Sam Altman.

DOJ Settles With Two U.K. Reinsurance Brokers Over Ecuador Bribes 

Tysers Insurance Brokers and H.W. Wood will enter into deferred prosecution agreements over a scheme partly set in Florida to pay off Ecuadorean officials.

EV Startup Fisker Has Lost Another Chief Accounting Officer 

The resignation marks the latest setback for a company that only recently started selling its first model.'s Revenue Surges Group said revenue surged in the latest quarter, driven by a recovery in the domestic and international travel industry amid increasing travel bookings.

Bayer Tumbles After Clinical Trial Failure, Roundup Case Loss 

Shares fell sharply after the company stopped a late-stage study for a cardiovascular drug because of lack of efficacy and was ordered to pay around $1.6 billion in a lawsuit relating to its Roundup weedkiller.

GM's Self-Driving Car Unit Skids Off Course 

GM's self-driving car division was once one of the bright spots in the tenure of CEO Mary Barra. Now both of its co-founders have quit and it is grappling to rebound from alarming mishaps.

CFPB Orders Toyota to Pay $60 Million Over Lending Practices 

Federal regulators have ordered Toyota Motor's auto-lending arm to pay $60 million in fines and consumer redress for allegedly preventing borrowers from canceling product bundles that raised their monthly loan payments.

Citigroup Moving On to Next Phase of Reorganization 

Citigroup began making an extensive round of layoffs and organizational changes, part of Chief Executive Jane Fraser's efforts to streamline the bank.

Bristol Myers Squibb Falls After Drug Approval Delayed 

Abecma, developed with 2seventy Bio, won't be approved for earlier treatments of a certain kind of blood cancer by a Dec. 16 deadline.

McDonald's Buys Back Minority Stake in China Business 

The deal will boost the company's stake in its operation in the world's second-largest economy to 48%.


(END) Dow Jones Newswires

November 20, 2023 19:00 ET (00:00 GMT)

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