The Business Times

Stephen Mihm

BLOOMBERG

Katy Perry has sold the rights to most of her music for a cool US$225 million to Litmus Music, in the latest in a series of high-profile payouts.

Katy Perry’s US$225 million payday began in 1908

Katy Perry sold the rights to most of her music for a cool US$225 million last month to Litmus Music. It’s the...

The United Auto Workers is on strike against the nation’s largest automakers – the first time the union has hit every one of the Big Three at once.
THE BOTTOM LINE

It's too soon for US workers to pop the champagne

THINGS seem to be looking up for unions in the United States.

Amazon reportedly has plans to lay off 10,000 employees starting as soon as this week.

Mass lay-offs in Big Tech are an old-guard mistake 

Twitter, Meta and Amazon are repeating what history has proved to be a deeply risky strategy, weakening companies in the long term...

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