NY Times tech workers union ends strike without contract

NY Times tech workers union ends strike without contract

The union representing tech workers at the New York Times on Monday ended its strike — launched days before Election Day — without securing a new contract. The Tech Guild, which represents some 600 software engineers and programmers at the Gray Lady’s digital platforms, returned to work on Tuesday morning without management having met their … Read more

Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units

Elliott takes more than B stake in Honeywell, advises separating automation, aerospace units

Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the conglomerate to split into two separate companies. In a letter sent to Honeywell’s board, Elliott said that the Charlotte, North Carolina-based company needs to simplify its structure as it deals with uneven execution, inconsistent … Read more