A utility CEO faces the crisis of his life: transform a 33-year-old electric utility and succeed in the fast-changing U.S. energy landscape.


USA TODAY

Nissan workers reject UAW in crucial vote
USA TODAY
JACKSON, Miss. — Workers at Nissan's plant in Canton, Miss., soundly rejected United Auto Workers representation after a multi-year organizing campaign, delivering a major blow to the union's organizing efforts in the South. By a 63%-37% margin
Nissan Workers in Mississippi Reject Union Bid by UAWNew York Times
Nissan workers reject United Auto Workers in MississippiWashington Post
Nissan Mississippi workers vote heavily against unionizationReuters
HuffPost –New York Daily News –Benzinga –Jackson Clarion Ledger
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CNN

US finalizes deal for new Air Force One jets once destined for Russian airliner
CNN
(CNN) The US Air Force announced Friday that it has finalized a deal to purchase two already-built aircraft from Boeing to serve as the next generation of Air Force One, flying future presidents around the world for decades to come. A Boeing
Boeing wins Air Force contract for two 747s that will become future Air Force One aircraftLos Angeles Times
US Buys Boeing 747s Once Set for Russia for Air Force OneBloomberg
Air Force purchases bankrupt Russian firm's planes for Air Force OneThe Hill
Yahoo News –DefenseNews.com –Air Force Link –Dayton Daily News
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CBS News

Tesla Energy Bleeding Heavily
Seeking Alpha
In 2015, Tesla (TSLA) CEO Elon Musk said that the company had orders for more than $800 million worth of its storage batteries. Apparently, the company has not converted many of these orders to actual sales, because two years later, revenues are
Tesla lowers Model X price to $79500VentureBeat
7 Notes From New Tesla Model X Commercial (Video)CleanTechnica
Elon Musk teases research on a big battery breakthroughBGR
Investopedia –Silicon Valley Business Journal –Smarter Analyst –The Star Online
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Washington Post

Martin Shkreli is found guilty of three of eight securities fraud charges
Washington Post
New York — A Brooklyn jury on Friday found Martin Shkreli, the former hedge fund manager notorious for brazenly raising the price of a critical drug, guilty of defrauding his investors. Shkreli shook his head in apparent disbelief as the first of
'Pharma bro' Shkreli convicted of fraud in US court, assails 'witch hunt'Reuters
Why 'Pharma Bro' Martin Shkreli Is Swaggering Into JailBloomberg
'Pharma Bro' Martin Shkreli convicted on three of eight criminal chargesUSA TODAY
The New Yorker –NPR –Sacramento Bee –Fortune
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Bloomberg

United Technologies Weighs Rockwell Collins Deal
Bloomberg
Jet-engine manufacturer United Technologies Corp. is weighing an acquisition of aviation-equipment supplier Rockwell Collins Inc., according to people familiar with the matter, in a deal that would potentially rank among the largest ever in the industry.

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Reuters

Activist Ackman looks for board seats, better returns at payroll firm ADP
Reuters
(Reuters) – Billionaire investor William Ackman on Friday said his hedge fund had taken an 8 percent stake in Automatic Data Processing Inc (ADP.O) and plans to ask for board seats so he can push the U.S. human resources outsourcing company to cut
Ackman on comeback trail takes aim at ADP, gets instant pushbackmySanAntonio.com
Early movers: ADP, WCG, F, NWL, VIAB, PBPB, LLY, GPRO & moreCNBC
ADP Resists Ackman's Plan to Take 'Effective' Board ControlBloomberg
Fortune –Nasdaq –Institutional Investor –Business Insider
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New York Times

Toyota to Take 5 Percent Stake in Mazda and Build Joint US Plant
New York Times
A Toyota engine assembly line in Huntsville, Ala., in 2009. Toyota and Mazda said they hoped a joint United States factory announced on Friday would begin producing vehicles by 2021. Credit Carlos Barria/Reuters. TOKYO — Toyota said on Friday that it …
Toyota, Mazda invite US states to compete for a rich prizeReuters
Toyota and Mazda to build $1.6 billion assembly plant in US and partner on electric carsWashington Post
The real reasons behind the Toyota and Mazda announcement of a new US factoryPolitico
Atlanta Journal Constitution –The Hill –Business Insider –New York Daily News
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Washington Post

Dunkin' Donuts wants to leave a doughnut-sized hole in its name
Washington Post
There was a time when Dunkin' Donuts was all about its doughnuts. The doughnuts, if you recall. Responsibility for making the doughnuts fell to Fred the Baker, a mustachioed everyman who rose before daybreak, singularly focused on satisfying America's …
Dunkin' Donuts considers rebranding as just Dunkin'CNNMoney
Is it time to drop the 'Donuts'?The Boston Globe
Dunkin' Donuts May Drop 'Donuts' From Its Name (Seriously)HuffPost
Adweek –WXIA-TV –Money Magazine –Inc.com
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The Hill

Economy adds impressive 209K jobs in July
The Hill
The U.S. economy added a solid 209,000 jobs in July, exceeding economists' estimates as the labor market shows few signs of slowing down. The unemployment rate last month fell to 4.3 percent from 4.4, the Labor Department reported on Friday. The labor …
Strong US jobs report bolsters case for further Fed tighteningReuters
Lower-Wage Americans Finally Get Some Relief in the Job MarketBloomberg
US unemployment rate drops to 4.3% as employers add 209000 jobs in JulyLos Angeles Times
MarketWatch –CNBC –Barron’s –The Atlantic
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