|
Apr 26, 2024
The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.
|
|
Apr 26, 2024
The board is considering installing a committee of top executives to run the company on an interim basis as turmoil over sale talks deepens.
|
|
Apr 26, 2024
The administration is reversing course on its plan after the White House weighed the potential public-health benefits of banning minty smokes against the political risk of angering Black voters.
|
|
Apr 26, 2024
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.
|
|
Apr 26, 2024
The entertainment giant's board is considering installing a committee of top executives to run the company on an interim basis
|
|
Apr 26, 2024
The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations.
|
|
Apr 26, 2024
NatWest's income and profit fell by less than expected in its first quarter, reflecting an improvement in customer confidence and activity and pushing shares to their highest price in more than a year.
|
|
Apr 26, 2024
The FCC's net-neutrality rules argue for a more active role defending cable and wireless networks from online threats.
|
|
Apr 26, 2024
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
|
|
Apr 26, 2024
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.
|
|
Apr 26, 2024
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world's largest electric-vehicle market.
|
|
Apr 26, 2024
Private equity firm Thoma Bravo said it plans to buy Darktrace in a cash deal that values the U.K. cybersecurity company at around $5 billion.
|
|
Apr 26, 2024
CVC jumped on the first day of trading on Amsterdam's stock exchange, after it priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.
|
|
Apr 26, 2024
CVC shares rose 24% on the first day of trading on Amsterdam's stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.
|
|
Apr 26, 2024
Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.
|
|
Apr 26, 2024
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.
|
|
Apr 26, 2024
NatWest kept its 2024 guidance unchanged as its first-quarter income and profit fell slightly less than expected.
|
|
Apr 26, 2024
The U.K.-listed mining giant's chairman said BHP's proposal undervalues the company and is unattractive for its shareholders.
|
|
Apr 26, 2024
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.
|
|
Apr 26, 2024
CVC priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion when trading starts on Euronext Amsterdam later Friday.
|
|
Apr 26, 2024
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.
|
|
Apr 26, 2024
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky's EP Corporate Group for an undisclosed sum.
|
|
Apr 26, 2024
Safran confirmed its full-year guidance after it posted first-quarter revenue above expectations, as the postpandemic recovery in air traffic continued.
|
|
Apr 25, 2024
Walmart's former chair and long-serving board member Rob Walton, the son of the retail giant's founder, will retire from the company's board in June.
|
|
Apr 25, 2024
Parent company Alphabet reported $80.5 billion in first-quarter revenue, an increase of 15% from the same period last year.
|
|
Apr 25, 2024
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.
|
|
Apr 25, 2024
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.
|
|
Apr 25, 2024
The league is advancing toward lucrative deals with incumbent partners and is in talks with tech giants as well as NBCUniversal.
|
|
Apr 25, 2024
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.
|
|
Apr 25, 2024
The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky facility.
|
|
Apr 25, 2024
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban "fast lanes" for certain websites
|
|
Apr 25, 2024
A purchase of Spirit AeroSystems would "introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery," the agency said.
|
|
Apr 25, 2024
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.
|
|
Apr 25, 2024
The federal agency will start regulating internet service like a public utility, bringing back rules that ban "fast lanes" for certain websites
|
|
Apr 25, 2024
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.
|
|
Apr 25, 2024
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.
|
|
Apr 25, 2024
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.
|
|
Apr 25, 2024
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.
|
|
Apr 25, 2024
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.
|
|
Apr 25, 2024
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.
|
|
Apr 25, 2024
The measures, which come as power demand is surging, will force coal plants to adopt costly technology or shut down.
|
|
Apr 25, 2024
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.
|
|
Apr 25, 2024
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.
|
|
Apr 25, 2024
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.
|
|
Apr 25, 2024
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.
|
|
Apr 25, 2024
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.
|
|
Apr 25, 2024
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.
|
|
Apr 25, 2024
South Korea's biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.
|
|
Apr 25, 2024
Nestle's first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.
|
|
Apr 25, 2024
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.
|
|
Apr 25, 2024
The mining giant has offered to buy its longtime rival with a market cap of about $35 billion, in a deal that could reshape the global mining industry.
|
|
Apr 25, 2024
Swedbank's earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with regulators over money laundering.
|
|
Apr 25, 2024
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.
|
|
Apr 25, 2024
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.
|
|
Apr 25, 2024
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.
|
|
Apr 24, 2024
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp's roster of some 4,400 clients.
|
|
Apr 24, 2024
The deal values the smoothie chain at around $2 billion, including debt.
|
|
Apr 24, 2024
The aircraft maker has cut production to fix quality problems after door-panel blowout.
|
|
Apr 24, 2024
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.
|
|
Apr 24, 2024
The Italian luxury-fashion company said revenue for the Moncler brand grew 26% in Asia.
|
|
Apr 24, 2024
Sales for the French tire manufacturer fell to €6.64 billion from €6.96 billion in the first quarter of last year.
|
|
Apr 24, 2024
The FTC has issued a plan to ban noncompete clauses. Here's what you need to know about them—and what to keep in mind before signing an agreement.
|
|
Apr 23, 2024
Pickup trucks and resilient consumer spending powered GM's 24% increase in quarterly profit, but China remains a trouble spot.
|
|
Apr 23, 2024
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.
|
|
Apr 23, 2024
JD Sports is buying Hibbett in a deal that values the American retailer at $1.1 billion, doubling down on its push into the U.S. at a challenging time for the sports-retail market.
|
|
Apr 23, 2024
Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.
|
|
Apr 23, 2024
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
|
|
Apr 23, 2024
Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.
|
|
Apr 23, 2024
DNB Bank's first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.
|
|
Apr 23, 2024
Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.
|
|
Apr 23, 2024
Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.
|
|
Apr 23, 2024
Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped on lukewarm demand and comes ahead of planned listings by tea rivals Mixue Ice Cream & Tea and Guming.
|
|
Apr 23, 2024
Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.
|
|
Apr 22, 2024
Buyout firm Affinity Equity Partners has started the sale process of one of Malaysia's largest healthcare providers, valued at more than $800 million, people familiar with the process said.
|
|
Apr 22, 2024
The antitrust regulator says Tapestry's purchase of Capri Holdings hurts competition among affordable luxury handbag sellers; Companies vow to defend merger.
|
|
Apr 22, 2024
Honda Motor is nearing a deal to assemble EVs and components in Canada, with the government agreeing to partly offset the Japanese auto maker's capital costs through recently unveiled tax breaks.
|
|
Apr 22, 2024
Aaron LaBerge will become chief technology officer of Penn Entertainment.
|
|
Apr 22, 2024
Vista says MNC's current proposal isn't superior to its agreement with Czech defense company CSG.
|
|
Apr 22, 2024
Kroger and Albertsons have agreed to sell over 160 additional stores in a divestiture package, a bid to appease competition regulators and close their long-pending merger.
|
|
Apr 22, 2024
The price cuts came as sales of electric and hybrid vehicles in China surpassed those of traditional cars for the first time.
|
|
Apr 22, 2024
Verizon Communications' revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.
|
|
Apr 22, 2024
Embracer said it planned to split into three separately listed companies in a move aimed at shoring up investors' support amid stubbornly high debt.
|
|
Apr 22, 2024
CVC has priced its IPO implying a market valuation of up to $16 billion and said it planned to raise €250 million.
|
|
Apr 22, 2024
Hipgnosis, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, said it received a $1.5 billion approach from Blackstone that it would be prepared to recommend if a formal offer was made.
|
|
Apr 22, 2024
Organizers are raring for "the real fight" after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.
|
|
Apr 21, 2024
Nissan Motor shares fell sharply after The Japanese automaker lowered its estimate for fiscal year net profit, partly due to slower car sales.
|
|
Apr 21, 2024
Shoe giant stumbled as CEO John Donahoe pulled away from retailers and relied on old hits. Now it says it's refocusing on cutting-edge footwear for athletes.
|
|
Apr 21, 2024
Air New Zealand warned on profits as it grapples with revenue headwinds in its home market and in North America.
|
|
Apr 21, 2024
The deal for the data-management software firm would have ranked among Salesforce's largest.
|
|
Apr 21, 2024
South32 expects it will take around a year to restart manganese ore exports from Australia following cyclone damage, unless it can find an alternative shipping option.
|
|
Apr 21, 2024
Google's dismissal of protesting workers is the latest example of employers pushing back against pressure tactics by staff.
|
|
Apr 21, 2024
These climate-friendly heating-and-cooling systems are drawing support from states, cities, utilities and developers.
|
|
Apr 21, 2024
Despite repeated price increases, the burrito chain is outperforming restaurant competitors with customers who tend to have higher incomes and be health conscious.
|
|
Apr 21, 2024
Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.
|
|
Apr 20, 2024
A successful drive at a VW plant in Tennessee has organizers eyeing gains in a fast-growing region that has historically been inhospitable to unions.
|
|
Apr 20, 2024
Ultraexclusive conferences are booming. In Sicily, Aspen and Stockholm, Elon Musk and Margot Robbie mingle with bank leaders and media moguls. ‘There's always another VIP level.
|
|
Apr 19, 2024
The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories.
|
|
Apr 19, 2024
A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races.
|
|
Apr 19, 2024
The companies are in exclusive merger talks. Skydance expects a surge in growth in coming years.
|
|
Apr 19, 2024
The FAA issued a directive to ensure minimum rest periods for controllers as a study said more changes are needed to avoid safety risks.
|
|
