•The U.S. Federal Trade Commission is settling a case against a private equity portfolio company accused of buying up anesthesiology practices to raise prices in Texas.
•Microsoft announced a one-time retirement program for U.S. employees whose combined age and years of service total 70 or more.
•The company is decoupling stock from cash bonuses in the annual rewards process to give managers more freedom to compensate high-performing employees.
•SpaceX warned in a prospectus that investigations into sexually abusive imagery created by xAI could lead to the company losing access to certain markets.
•Clean Energy Fuels Corp. appointed Clay Corbus as its new President and CEO, succeeding co-founder Andrew Littlefair who led the company for 30 years.
•Northern Trust was selected by the Sacramento County Employees’ Retirement System (SCERS) to provide global custody, securities lending, and accounting services.
•The Sacramento County Employees’ Retirement System (SCERS) is a public retirement system with $15 billion in assets.