business
EU Plans to Curb Aluminum Scrap Exports Next Year
European Commission says it is concerned rising outflows could leave Europe short of a critical input for its decarbonization efforts. Source link
Panera Plans to Spend Millions on Better Sandwiches and Nicer Stores
Turnaround strategy for sandwich and salad chain includes improving service and food; ‘No one likes iceberg,’ CEO says. Source link
Xiaomi’s Net Profit More Than Doubles on Strength of EV, Lifestyle Businesses
The Beijing-based company said Tuesday that its net profit surged to 12.27 billion yuan, equivalent to $1.73 billion, from 5.35 billion yuan a year earlier. Source link
A New Trump Resort in the Maldives Courts Crypto Investors
The Trump Organization said it’s partnering with a Saudi-owned developer and using a crypto-like funding vehicle to raise money. Source link
ABB Targets Higher Operational Earnings Margin, Reshapes Portfolio
The industrial-technology company updated its financial targets as it looks to focus on electrification and industrial automation. Source link
France’s Credit Agricole Looks to Europe to Boost Earnings
The bank aims to grow outside its home market under its new three-year plan, expanding its customer base to 60 million, from around 54 million currently. Source link
AkzoNobel, Axalta to Merge in $25 Billion All-Stock Deal Including Debt
The merger is set to create a global coatings giant that is expected to generate $17 billion in annual revenue. Source link
Opinion | The Corporate Proxy Flight From ESG
Fewer investment funds are dancing to progressive dictates. Source link
Opinion | Why Ford Can’t Find Mechanics
Forget about reshoring manufacturing without more skilled workers. Source link
Opinion | Coinbase Disrespects Delaware on Its Way Out
The First State is still the preferred home for corporations. Source link