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.

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.

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.

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.

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.

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.

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%.

Unions Are So Hot Even Megabank Employees Are Trying to Join 

Workers at two Wells Fargo branches are expected to hold elections to decide whether to unionize.

NRG Energy CEO Exits Amid Board Shakeup 

NRG Energy replaced its chief executive and adding new members to the board after a push for new leadership by activist investor Elliott Investment Management.


(END) Dow Jones Newswires

November 20, 2023 17:00 ET (22:00 GMT)

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