WASHINGTON, Oct 1 (Reuters) - A group representing major automakers on Tuesday warned a prolonged strike by workers at U.S. East and Gulf Coast ports would be debilitating and urged the White House to broker a resolution. John Bozzella, president and CEO of the Alliance for Automotive Innovation that represents General Motors ( GM ), Toyota Motor ( TM ),...

02:58 PM EDT, 10/01/2024 (MT Newswires) -- Walt Disney ( DIS ) is set to eliminate about 30 jobs as it folds its ABC Signature studio into 20th Television and merges its drama and comedy teams at ABC and Hulu Originals, news outlets reported Tuesday. Disney ( DIS ) reportedly issued a statement saying it is examining every facet of...

02:43 PM EDT, 10/01/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) has partnered with Cliffwater, Shenkman Capital and FS Investments to expand its presence in the $1.7 trillion private credit market, Bloomberg reported Tuesday, citing people with knowledge of the matter. Under the agreement, JPMorgan ( JPM ) will originate and invest in loans alongside the investment management firms,...

02:33 PM EDT, 10/01/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) plans to build a $2 billion biologics manufacturing facility in Wilson, North Carolina. The facility will produce biologic medicines in areas including oncology, immunology, and neuroscience, Johnson & Johnson ( JNJ ) said Tuesday in a statement. Construction work is set to begin in H1 2025, and...