GM Buys Out Half of Its Buick Dealers 
 

General Motors has bought out about half of its 2,000 Buick dealers nationwide, based on their decision to not sell electric vehicles

 
General Mills Cuts Sales Guidance. Consumers Keep Showing 'Value-Seeking Behaviors.' 
 

The maker of Cheerios beats quarterly earnings estimates but falls short on sales.

 
Winnebago's Sales and Earnings Fall. The RV Industry Has Yet to Recover. 
 

Winnebago reports fiscal first-quarter earnings of $1.06 a share on revenue of $763 million. Analysts expected earnings of $1.18 a share on revenue of $724 million.

 
Bird Electric Scooter Company Files for Bankruptcy After 2021 SPAC 
 

The vehicle-rental provider was valued at $2.5 billion in 2019.

 
Rite Aid Banned From Using AI Facial Recognition in FTC Settlement 
 

Rite Aid has been banned from using facial-recognition technology for surveillance purposes for five years as part of a settlement with the Federal Trade Commission.

 
Japan Clears the Way for Tourists to Get an Actual Uber 
 

One of the world's biggest taxi markets is finally opening its gates wider to Uber after a decade of pushing by the U.S. ride-hailing company.

 
Tesla Supplier Panasonic Drops Plan for Oklahoma EV Battery Factory 
 

The Japanese company is already building another plant in Kansas but has been hit by higher-than-expected construction costs.

 
Charif Souki, Godfather of American LNG Industry, Is Ousted from Tellurian 
 

Gas-export company's abrupt termination of its co-founder caps his flamboyant career in energy.

 
Walgreens's Ambitions Lean on Its Technology. First, It Has to Build Up Its IT Department. 
 

The pharmacy chain's new chief information officer, Neal Sample, will deal with a unit that has seen significant changes in leadership over the past year.

 
Gildan Activewear Chairman Says Former CEO Refused to Abide Succession Plan 
 

Gildan Activewear said it is standing by its newly appointed CEO, Vince Tyra, after former chief Glenn Chamandy refused to abide by the company's succession plan.

(END) Dow Jones Newswires

December 20, 2023 15:00 ET (20:00 GMT)