Welcome to Business World Review. What you need to know. Today is Tuesday, September 2nd 2025.
Several non-Big Tech companies have been in the news over the past 24 hours. Here’s a summary of recent stories about a few of them:
Southwest Airlines: Southwest is the first airline to install new, FAA-mandated secondary flight deck barriers on its Boeing 737 MAX 8 jets. These barriers are designed to prevent cockpit intrusions and are a new safety feature for the airline.
Spirit Airlines : The low-cost carrier, Spirit Airlines, has filed for bankruptcy for the second time in under a year, continuing its financial struggles.
Nestlé : The Swiss food and beverage giant, Nestlé, dismissed its CEO after an investigation found he was in an inappropriate romantic relationship with a direct subordinate, which violated the company’s code of conduct.
Cracker Barrel : The restaurant and gift store chain faced customer backlash, particularly in its hometown, over a recent logo rebrand. Following the negative feedback, the company reversed its decision. This situation has also drawn attention to the company’s financial struggles.
Intel: The U.S. government will take a 10% equity stake in the semiconductor company, Intel, as part of a move by the Trump administration.
Anker Innovations is recalling more than 1.1 million power banks. The recall was prompted by reports of the lithium-ion batteries inside the products overheating, which poses a burn risk to consumers.
General Motors: A news report mentions that the company is facing a decline in factory output in China for the fifth consecutive month, as trade talks with the US continue.
TVS: The company aims to boost its market share in the electric two-wheeler segment with its new “Orbiter” model.
CoreWeave, a cloud computing and AI infrastructure company, has made a significant acquisition. It has purchased Core Scientific in a deal valued at $9 billion.
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