INDUSTRY UPDATES
Ali Razavi, Chapman University Fowler School of Law alumnus and founder of Razavi Law Group, has pledged $25,000 to support competition teams at his alma mater.
Business
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the healthcare giant struggling on several fronts.
Defense technology startup Anduril Industries Inc. has raised $1.5 billion in a new funding round and plans to spend hundreds of millions on a new manufacturing facility.
Delta Chief Executive Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown this month.
Tesla is recalling some 2021-2024 Model 3, Model S, Model X and 2020-2024 Model Y vehicles because the cars may fail to detect an unlatched hood after it has been opened.
Information on nearly all customers of the telecommunications giant AT&T was downloaded to a third-party platform in a 2022 security breach.
The NTSB says a Boeing executive provided non-public information to the media about the Alaska Airlines incident in which a door plug blew out, leaving a hole in the plane.
Tesla is recalling more than 125,000 vehicles to fix a seat belt warning system that may increase the risk of an injury in a collision.
T-Mobile is buying U.S. Cellular’s wireless operations and certain assets in a $4.4-billion deal, giving U.S. Cellular customers more options in phone plans.
World & Nation
Melinda French Gates says she will donate $1 billion over the next two years to individuals and organizations working on behalf of women and families.