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Dec 02, 2024
Thousands of workers at Volkswagen sites across Germany participated in warning strikes on Monday as a conflict with management escalated over the carmaker's plans to slash jobs, cut pay and close factories.
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Dec 02, 2024
Intel said Pat Gelsinger has retired and stepped down from the company's board of directors.
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Dec 02, 2024
A record number of travelers descended on U.S. airports Sunday, the peak of the busy Thanksgiving travel period.
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Dec 02, 2024
The global automaker's sales in North America declined over the past year because of high-cost models that dealers struggled to sell.
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Dec 02, 2024
Proposed new standards want to make passwords secure—but also more user-friendly.
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Dec 02, 2024
A $28 billion merger in 2023 created Canadian Pacific Kansas City, which connects Mexico, the U.S. and Canada.
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Dec 02, 2024
Bowlero is formally rebranding to Lucky Strike Entertainment as it expands into family entertainment centers and water parks.
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Dec 02, 2024
The deal would increase the Danish government's stake in the airport operator to 98.6% and ensure the hub continues to contribute positively to the economy, ministers said.
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Dec 02, 2024
The investment group posted a steep rise in core headline earnings, driven by strong improvements in e-commerce and Tencent performance, and is now looking to AI for further growth.
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Dec 02, 2024
The companies are urging the president-elect to reimpose duties on steel from the U.K., the EU and Japan, accusing foreign rivals of unfair market practices.
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Dec 02, 2024
The company is betting on small-format Daily Shops to win over fill-in consumers who make frequent grocery trips but buy only a few items.
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Dec 02, 2024
Shares in Delivery Hero plunged after the company said its Spanish subsidiary would implement an employment-based model in the country, a move expected to hit profits by around $106 million in fiscal 2025.
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Dec 02, 2024
The South African lender said currency devaluations and the recent strength of the rand diluted its performance in local currency, but it reported growth in headline earnings and confirmed its guidance.
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Dec 02, 2024
The telecoms group said the plan should see it book restructuring charges of around $119 million in the final quarter of the year.
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Dec 02, 2024
The e-commerce giant Shein's use of airfreight spawns a U.S. delivery service called SpeedX.
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Dec 02, 2024
Singapore Post is selling its Australian business to a private-equity firm in a deal valued at over $650 million, including debt, as part of a strategic review and will consider paying out a special dividend.
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Nov 29, 2024
Makers and suppliers of electric cars are dealing with diminishing cash, uneven sales and the prospects of an unfriendly Trump administration.
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Nov 29, 2024
Read about oil prices, Tenaga Nasional and more in the latest Market Talks covering Energy and Utilities.
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Nov 29, 2024
Find insight on XPeng, Capital A and more in the latest Market Talks covering the Auto and Transport sector.
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Nov 29, 2024
Find insight on Kiatnakin Phatra Bank, Hong Leong Bank and more in the latest Market Talks covering Financial Services.
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Nov 29, 2024
Arnault sought to distance himself from what prosecutors allege was a yearslong intelligence-gathering operation that targeted his foes.
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Nov 29, 2024
Some experts are pushing for a separate branch of the armed forces, dedicated to thwarting hackers.
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Nov 29, 2024
The planned creation of a Department of Government Efficiency co-run by Elon Musk is weighing on valuations of European defense companies that rely heavily on U.S. contracts, according to analysts.
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Nov 29, 2024
Many businesses are urging customers to buy before President-elect Donald Trump's proposed tariffs potentially raise costs—and prices.
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Nov 29, 2024
IG Metall said its members would down tools for a few hours a day after the auto giant and union leaders failed to agree on how to cut costs.
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Nov 29, 2024
The aircraft-engine manufacturer said it anticipated continued growth across its divisions next year as it announced plans to increase its dividend by 10%.
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Nov 29, 2024
The Chinese food-delivery giant's profit more than tripled in the third quarter as revenue jumped.
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Nov 29, 2024
Delivery Hero's Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a market value of around $10 billion.
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Nov 29, 2024
Performance improvement plans are on the rise. Workers dread them. Managers do too.
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Nov 28, 2024
The decision ends three of the EU competition regulator's attempts to crack down on international companies' tax deals.
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Nov 28, 2024
The waste management company has agreed to a takeover proposal from Macquarie Asset Management that values it at around $889 million.
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Nov 28, 2024
The Oregon company ramps up each year to ship millions of gift boxes.
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Nov 28, 2024
The world's top uranium producer's profit more than doubled on the back of significantly higher uranium spot prices and volumes sold.
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Nov 25, 2024
The retailer delayed its quarterly results after it said an employee hid up to $154 million in delivery expenses over several years, prompting an investigation.
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Nov 25, 2024
Gov. Gavin Newsom said greenhouse-gas credits would fund EV rebates.
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Nov 25, 2024
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.
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Nov 25, 2024
Oneok shares will be used to acquire all of the outstanding publicly held units of EnLink Midstream for $4.3 billion.
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Nov 25, 2024
Chains attract bargain seekers, but, as one customer says, "I get the deal that I want, and that's usually all."
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Nov 25, 2024
Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.
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Nov 25, 2024
Anglo American signed a deal to sell its remaining steelmaking coal assets to U.S. miner Peabody Energy for up to $3.8 billion, the first major step in its large-scale business reshaping.
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Nov 25, 2024
Kingfisher said recent political and macroeconomic events are adding further uncertainty to its outlook after it posted worse-than-expected quarterly sales and narrowed down its profit guidance.
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Nov 25, 2024
Adani Group said its companies have enough cash to meet debt obligations, days after a U.S. indictment against founder Gautam Adani sparked a multibillion-dollar selloff in the Indian conglomerate's stocks.
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Nov 25, 2024
The Australian company is betting American-made graphite will be in demand as battery makers seek to reduce their reliance on China for materials essential to the energy transition
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Nov 24, 2024
SG's stock jumped 20% on the announcement, which came five weeks after the company reiterated guidance for an annual underlying profit of between A$88 million and A$95 million.
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Nov 24, 2024
Texas Gigafactory ran afoul of environmental overseers; a faulty furnace door and hazardous wastewater.
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Nov 24, 2024
Companies say shoppers are still buying, but they want a deal.
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Nov 24, 2024
Fans clad in pink and green flocked to the musical's film adaptation. "Gladiator II" pulled in audiences eager to see Colosseum brawls.
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Nov 24, 2024
Sweden's Northvolt was once a darling of the battery industry and Europe's best hope for competing with China's dominant battery makers.
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Nov 23, 2024
They are increasingly leaning on artificial intelligence for work—but also for love and adventure.
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Nov 23, 2024
Canada's Tilray Brands built itself into one of biggest craft brewers in U.S.—"I'm either real smart or real dumb," its CEO said.
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Nov 23, 2024
United and Delta dominate industry profits by promoting premium travel options like carved up cabins and luxe lounges
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Nov 22, 2024
The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here's why they're hungry for it.
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Nov 22, 2024
Peter Cancro started slinging subs at his local shop at 14. Now he's selling the national chain he built to Blackstone.
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Nov 22, 2024
The layoffs are expected to be smaller and more targeted than those in 2023.
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Nov 22, 2024
SiriusXM Radio will have to change its cancellation practices in New York state after a court said it created a burdensome procedure for consumers and subscribers, according to New York Attorney General Letitia James.
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Nov 22, 2024
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.
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Nov 22, 2024
Erik Brynjolfsson and James Milin of Workhelix say companies can reap rewards by homing in on tasks within the organization that AI can do faster.
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Nov 22, 2024
The technology may transform business. But it clearly isn't there yet.
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Nov 22, 2024
CEO Hein Schumacher said India is the best opportunity for Unilever over the next couple of years and will be the key for all its group businesses.
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Nov 22, 2024
The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a debt restructuring. The search for a new chief executive is underway.
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Nov 22, 2024
Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firm's portfolio company for $1.33 billion in cash.
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Nov 22, 2024
Kioxia plans to raise more than $740 million in its initial public offering, seeking growth capital to meet rising demand for chips used in artificial intelligence and data centers.
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Nov 22, 2024
Thales shares fell after French and British authorities launched a joint investigation into suspected bribery and corruption at the aerospace and defense group.
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Nov 21, 2024
AML3D this week raised 30 million Australian dollars from shareholders and new institutional investors to expand its Ohio manufacturing facility.
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Nov 21, 2024
Artificial intelligence doesn't have to be such a power guzzler. Here's how to make it less hungry.
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Nov 21, 2024
The future of artificial intelligence may depend, in part, on whether providers can reduce their appetite for electricity and water
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Nov 21, 2024
Scores of airlines have stumbled into a war zone in the Middle East; "we were lucky."
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Nov 21, 2024
Stephen P. Lynch, who prefers to stay under the radar, says a deal for the Russian pipeline would serve long-term U.S. interests
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Nov 21, 2024
The logistics software provider downgraded its earnings and revenue outlook for the current year, citing a delay to a new product due to negative media reports and a recent management overhaul.
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Nov 21, 2024
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
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Nov 21, 2024
The apparel retailer said it now expects full-year sales to grow between 1.5% and 2%. Gap had most recently guided for sales to be up slightly.
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Nov 21, 2024
President-elect Donald Trump's incoming administration doesn't "want to add to the bureaucracy and they don't want to add investments to create something…that already exists," said Chief Executive Sasan Goodarzi.
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Nov 21, 2024
The world's two richest men got into it on Musk's social-media platform X over the election.
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Nov 21, 2024
Quikrete is in advanced talks to acquire Summit Materials, according to people familiar with the matter.
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Nov 21, 2024
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.
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Nov 21, 2024
Find insight on Petronas Chemicals, LG Chem and more in the latest Market Talks covering basic materials.
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Nov 21, 2024
The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.
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Nov 21, 2024
The dramatic courtroom reveal. The brilliant diagnosis. The undercover disguise. TV writers are going to have to rethink the old tropes.
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Nov 21, 2024
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.
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Nov 21, 2024
Workers at distilleries Maisons Hennessey, Remy Martin, Courvoisier and Martell plan to go on strike next week over fears that the industry could relocate its bottling business to China in a bid to circumvent import tariffs.
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Nov 21, 2024
Tools for Humanity named X's former vice president of global affairs Nick Pickles as its head of policy, the latest executive from what was formerly Twitter to join the startup.
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Nov 21, 2024
The U.K.'s competition regulator plans to review how it inspects big mergers and whether more can be cleared without forcing businesses to sell assets.
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Nov 21, 2024
The private banking group said inflows from clients in key markets accelerated from the midyear point as it signaled a rosier outlook for the year ahead with higher profit and potential shareholder returns.
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Nov 21, 2024
The pharma company raised its guidance on higher revenue expectations for key treatments and product launches, and is looking at potential mergers and acquisitions for U.S. growth.
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Nov 21, 2024
The Chinese search-engine giant reported lower revenue for the second straight quarter on falling sales from online-marketing services and an economy struggling to regain momentum.
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Nov 21, 2024
Boohoo said Mahmud Kamani would move aside as chairman on the same day that Frasers called for his removal, the latest twist in a spat between the online fashion company and its majority shareholder.
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Nov 21, 2024
The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold prices hover near record highs.
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Nov 21, 2024
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.
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Nov 21, 2024
The pharma company raised its guidance on revenue growth from its key treatments and expected drug launches, and now anticipates annual currency-adjusted sales to grow by 6% through 2028.
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Nov 21, 2024
The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point.
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Nov 21, 2024
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.
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Nov 21, 2024
Agriculture companies and laborers fear raids; 42% of crop farmhands aren't legally authorized to work in the U.S.
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Nov 20, 2024
The amended agreement also provides for other benefits and considerations related to delivery delays in 2024, Allegiant disclosed in a Securities and Exchange Commission filing.
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Nov 20, 2024
Beyond said it has concerns regarding The Container Store's ability to reach an agreement with lenders based on the financing proposals presented thus far.
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Nov 20, 2024
His firm's collapse wiped $100 billion in market value, prosecutors said.
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Nov 20, 2024
The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.
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Nov 20, 2024
Shareholders voted down Starboard Value's proposal, which was aimed at damping the Murdoch family's influence over the media conglomerate.
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Nov 20, 2024
The jet maker will overhaul employee incentive plan and delay R&D spending.
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Nov 20, 2024
Shares surged following the earnings announcement. The company's market value has nearly doubled over the past 52 weeks.
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Nov 20, 2024
Artificial intelligence is going to eliminate a lot of jobs in the future. It's possible to reduce the risk that it will be yours.
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