Leadership Shakeups, Mail Delays, and Corporate Power Plays

Headlines From The Times
06/05/2025 3 min
Leadership Shakeups, Mail Delays, and Corporate Power Plays

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Episode Synopsis

Top L.A. firefighters union leaders are suspended after an audit reveals $800,000 in undocumented spending. UPS and the U.S. Postal Service announce major job cuts and route changes, as mail volume drops and costs rise. Skechers heads into a $9.4 billion deal to go private with backing from 3G Capital. And OpenAI says its nonprofit board will remain in control of its for-profit business.

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