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MGM Resorts CEO Bill Hornbuckle indicated openness to acquiring Barry Diller’s People Inc., reversing positions after People Inc. withdrew its $48.30-per-share bid to purchase MGM.
McDonald’s will present its growth strategy and address recent weak U.S. performance at an investor day in Chicago, expected to cover menu innovation, restaurant renovations, and cost management initiatives.
Qantas will begin selling tickets next August for its planned nonstop New York to Sydney flight, set to launch in 2028 with an estimated flight time of 18 hours.
Prime Minister Andy Burnham announced plans to modify the triple lock pension system, replacing the earnings link with a floor tied to inflation or 2.5%, whichever is higher.
Oura has postponed its planned $15bn stock market listing, citing IPO market uncertainty just days after announcing the flotation of its smart ring business.
Ford CEO Jim Farley warns that Europe failed to prevent Chinese automakers from capturing significant market share and urges U.S. policymakers to act decisively before it becomes “too late” domestically.
