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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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Nov 20, 2024
The stock fell 20% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.
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Nov 20, 2024
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.
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Nov 20, 2024
The retailer says spending remains sluggish for apparel, TVs and home goods.
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Nov 20, 2024
Daniela Cavallo faces the battle of her career as she fights what would be the first German factory closures in the automaker's history.
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Nov 20, 2024
The Chinese automaker's net loss widened in the third quarter as revenue fell, dragged by lower selling prices.
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Nov 20, 2024
Company veteran Chris Boshoff, who has led Pfizer's cancer research and marketing for more than a year, will become chief scientific officer starting Jan. 1.
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Nov 20, 2024
British Land expects more shops to move to retail parks to offset anticipated higher costs following the U.K. government's budget last month.
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Nov 20, 2024
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.
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Nov 20, 2024
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to weigh on growth.
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Nov 20, 2024
The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.
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Nov 20, 2024
The Tesla supplier expects more than $20 billion in sales by the end of the decade, delaying a target it hoped to hit much earlier.
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Nov 19, 2024
Tokyo Gas shares rose sharply after activist investor Elliott Investment Management disclosed that it built a stake in the Japanese utility company.
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Nov 19, 2024
The miner is finding it difficult to stamp out sexual harassment, racism, and bullying as it faces resistance and backlash from some workers to its efforts to overhaul the culture.
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Nov 19, 2024
The company wants to sharply increase flights of the massive vehicle.
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Nov 19, 2024
The new venture will house channels like E!, USA and MSNBC, and Comcast is set to announce several leadership changes.
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Nov 19, 2024
The agency says the companies would supply landers that would carry equipment and infrastructure to the moon's surface.
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Nov 19, 2024
The German car maker said Gruner would take over as chief executive of Volkswagen's America operations on Dec. 12.
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Nov 19, 2024
The studio, Promise, will incorporate generative AI tools into various stages of production for movies and shows.
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Nov 19, 2024
The first prescription for the drug in China will reportedly be issued at a public hospital in Shanghai this week and will cost about $193 for a one-month supply of the lowest starter dose.
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Nov 19, 2024
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.
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Nov 19, 2024
The retailer said its sales rose in the latest quarter, helped by strong demand for toys and other goods.
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Nov 19, 2024
Joe Scarborough and Mika Brzezinski's visit to Mar-a-Lago was the latest turn in a complicated relationship with the president-elect.
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Nov 19, 2024
The Competition and Markets Authority said it wouldn't open an in-depth investigation into Google's investment in the AI startup.
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Nov 19, 2024
Amcor has agreed to buy Berry Global Group in a roughly $8.4 billion stock swap that will create a consumer and healthcare packaging company with annual revenue of about $24 billion.
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Nov 19, 2024
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.
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Nov 19, 2024
Eli Lilly and Novo Nordisk representatives get face time with companies in hopes they will cover their weight-loss drugs.
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Nov 19, 2024
Eli Lilly, Novo Nordisk representatives get facetime with employers in hopes they'll cover their drugs
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Nov 19, 2024
The lender expects a lower return on tangible equity over the next three years as falling interest rates and heavier costs eat into its margins.
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Nov 19, 2024
The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.
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Nov 19, 2024
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough consumer environment.
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Nov 19, 2024
Read about CaixaBank, Computershare and more in the latest Market Talks covering Financial Services.
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Nov 19, 2024
Read about John Wood Group, Enel and more in the latest Market Talks covering Energy and Utilities.
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Nov 19, 2024
Find insight on Malaysian auto sales, trends in container shipping and more in the latest Market Talks covering the Auto and Transport sector.
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Nov 19, 2024
The tobacco manufacturer said it expected a strong fiscal 2025 on the back of continued revenue growth from tobacco alternatives such as vapes.
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Nov 19, 2024
The group's pretax loss widened on lower revenues as the fashion brand undertakes a strategy review under its new CEO.
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Nov 19, 2024
Sayona Mining agreed to buy North Carolina-based Piedmont Lithium to create a top North American lithium producer that can better withstand swings in the fast-growing lithium market.
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Nov 18, 2024
The Biden administration's top antitrust officials plan to take more shots at the tech industry before leaving office, in a race to cap four years of aggressive enforcement.
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Nov 18, 2024
S.F. Holding, which is already listed on the Shenzhen Stock Exchange, plans to raise as much as $793.0 million by selling 170 million shares.
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Nov 18, 2024
The budget carrier's pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt the business.
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Nov 18, 2024
The server maker said it believes it will be able to complete its annual report on Form 10-K within the discretionary period available to the Nasdaq staff to grant.
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Nov 18, 2024
Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second quarter forms.
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Nov 15, 2024
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.
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Nov 15, 2024
The lawsuit is the second by a large drugmaker in recent days challenging how it provides required discounts to certain hospitals.
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Nov 15, 2024
The former late-night host will succeed Jimmy Kimmel, an Academy Awards regular.
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Nov 15, 2024
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.
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Nov 15, 2024
The South Korean technology giant's stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.
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Nov 15, 2024
The insurer reported better-than-expected profit on higher gross written premiums and net inflows from its life business.
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Nov 15, 2024
The financial services company raised its full-year guidance and said it expected to start buying back shares in January.
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Nov 15, 2024
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.
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Nov 15, 2024
Effissimo Capital Management says it has built a stake days after the carmaker unveiled sweeping restructuring and cost-cutting plans.
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Nov 14, 2024
The company recently completed the relocation of its manufacturing operations from China to Thailand.
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Nov 14, 2024
The PC maker's earnings grew faster than expected, as Lenovo began to reap benefits from its bets on artificial intelligence.
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Nov 14, 2024
Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display revenue due to sales headwinds in China.
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Nov 14, 2024
Alexandre Arnault, a son of Chairman Bernard Arnault, is being elevated to deputy CEO of the luxury group's vast wines-and-spirits division.
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Nov 14, 2024
The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.
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Nov 14, 2024
In escalation of long-running tensions, the ice-cream brand says its parent company blocked statements in support of Palestinian rights.
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Nov 14, 2024
The satirical website joined with families who lost children in the Sandy Hook massacre to acquire Infowars
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Nov 14, 2024
The streaming profit and studio are bright spots, while income from cable and theme parks declines.
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Nov 14, 2024
Tech billionaire sings slowed-down version of rap hit in tribute to his wife, crooning lyrics like "shawty crunk, so fresh, so clean."
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Nov 14, 2024
The London-listed company is planning to expand in the U.S. as the country ramps up defense spending, its chief executive said after the company posted revenue above expectations.
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Nov 14, 2024
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
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Nov 14, 2024
General Mills said it had agreed to acquire a North American cat feeding and pet treating business from European private-equity firm NXMH in a deal worth $1.45 billion.
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Nov 14, 2024
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.
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Nov 14, 2024
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.
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Nov 14, 2024
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.
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Nov 14, 2024
The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.
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Nov 14, 2024
The Chinese videogame giant's profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.
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Nov 14, 2024
The president-elect has threatened broadcast licenses and filed lawsuits against some networks. Executives are bracing for possible deal drama.
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Nov 14, 2024
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.
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Nov 14, 2024
The luxury group said it was taking steps to cut costs and change its pricing strategy, after it slid to a first-half loss on sharply lower sales.
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Nov 13, 2024
All items on Haul will be priced at $20 or less and take up to one or two weeks for delivery.
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Nov 13, 2024
Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges.
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Nov 13, 2024
The $9.6 billion deal would expand Verizon's fiber network to a size that would rival major competitors such as AT&T and Comcast.
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Nov 13, 2024
Liberty Media's CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses.
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Nov 13, 2024
The $9.6 billion deal would expand Verizon's fiber network to a size that would rival major competitors such as AT&T and Comcast.
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Nov 13, 2024
The insurance giant narrowed its outlook for the year to the upper end of its range after lower natural catastrophe claims drove third-quarter profits above expectations.
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Nov 13, 2024
Winning bets on favorite NFL teams are expected to cost DraftKings and FanDuel hundreds of millions in expected revenue.
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Nov 13, 2024
The lender said it is prepared to abandon the takeover bid for its rival if conditions imposed by Spain's competition authority diminish the deal's value.
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Nov 13, 2024
Seven & i Holdings said a special committee is reviewing the proposal made by Vice President Junro Ito and his affiliated firm.
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Nov 13, 2024
The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven't yet been decided.
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Nov 13, 2024
The European Union's General Court upheld the bloc's decision to approve Vodafone's $20 billion-plus acquisition of some of Liberty Global's telecommunications assets in Europe, thwarting a legal challenge from German rivals.
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Nov 13, 2024
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.
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Nov 13, 2024
ABN Amro Bank will take longer than expected to decide on its next share buyback as it adapts to new capital rules, sending shares lower in early trading despite the Dutch lender's better-than-expected third-quarter results.
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Nov 13, 2024
The power utility said risks to offshore wind projects increased following the U.S. election as it warned of delays to its plans off the East Coast due to outstanding permits.
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Nov 13, 2024
The world's second-largest automaker and the Silicon Valley startup are trying to address each other's core weakness.
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Nov 13, 2024
Shawn Fain's fast-paced effort to sign up workers in foreign-owned factories has faded. ‘We're in a different phase now.'
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Nov 13, 2024
Shawn Fain's effort to sign up workers in foreign-owned factories has hit snags. ‘We're in a different phase now.'
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Nov 13, 2024
Tencent's core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.
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Nov 13, 2024
Find insight on Paladin Energy, Salzgitter and more in the latest Market Talks covering Basic Materials.
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Nov 13, 2024
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.
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Nov 13, 2024
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.
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Nov 12, 2024
In an interview, Exxon Mobil CEO Darren Woods says President-elect Trump's plan to pull U.S. out of the Paris agreement is a bad idea.
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Nov 11, 2024
The genetics company is closing a unit that was once seen as core to its future.
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Nov 11, 2024
Aristocrat Leisure will sell its Palarium Global mobile-gaming unit to Sweden's Modern Times Group as the Australian gaming company increasingly focuses on regulated gaming and slot machines.
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