Europe Works on Postwar Hormuz Shipping Plan—Sans U.S.
European powers draft a new post-conflict security framework for the critical Strait of Hormuz, notably without the US. Plus, Fed Chair nominee's wealth & an art-dining revolution.
Business
All categories →More from Business
Page 44 of 158
NBCUniversal Accuses Nielsen of Devaluing Media Firms with Flawed Viewership Data
NBCUniversal calls out Nielsen for undercounting TV viewership, impacting billions in ad revenue. Uncover the industry's fight for accurate media measurement.
Pittsburgh Post-Gazette Is Being Sold to Baltimore Banner Owner
The Pittsburgh Post-Gazette is sold to The Baltimore Banner's nonprofit owner, Venetoulis Institute, averting closure & ushering in a new era for local news.
Gucci Owner Kering Logs Lower Sales, But Flags Improving Trends
Kering reports an 8% Q1 sales dip amid luxury market challenges, but sees emerging improvement. Discover details on their anticipated new strategic plan to revitalize growth.
CarMax Shares Plunge as Used-Car Seller Cuts Prices
CarMax stock tumbles 10% despite beating earnings. Investor anxiety over price cuts signals future margin erosion in a tough used car market.
UPS Seeks to Replace Manual Scans With Tracking Tech
UPS is eliminating 20 million daily manual scans with RFID, streamlining package tracking. This improves speed, accuracy, and operational efficiency.
Rivian’s Illinois Factory Will Run on Recycled EV Batteries
Rivian uses recycled EV batteries to power its Illinois factory, pioneering sustainable manufacturing and energy independence. A blueprint for green industry.
Amazon Buys Globalstar in $11 Billion Deal, Bolstering Direct-to-Device Ambitions
Amazon buys Globalstar for $11B, fueling Project Kuiper's D2D satellite connectivity. Get ready for phones connecting directly to satellites, rivaling Starlink.
Amazon to Acquire Globalstar in Satellite Cellular Connection Push
Discover how Amazon's Globalstar acquisition paves the way for direct-to-device satellite connectivity, extending reach & disrupting the market.
Lucid Secures $750 Million in Pivotal Funding, Appoints New CEO Amid Strategic Shift
Lucid Group secures $750M from Uber & Saudi PIF and appoints Maria Sanchez as CEO to drive production and strategic growth.
Albertsons Swings to Q4 Loss Amid Sweeping Opioid Settlement Charge
Albertsons Q4 sees $285M net loss from a $625M opioid settlement charge. Learn how this strategic move clears legal hurdles & impacts the Kroger merger.
BMW Group Vehicle Sales Fall on Weakness in China and U.S.
BMW Group's Q1 sales dipped ~5.8% globally, with major softness in China & the US. Learn how economic headwinds and EV competition impacted the luxury automaker.
CarMax Swings to Loss After Cutting Prices to Bring Back Shoppers
CarMax reports net loss from aggressive price cuts, aiming to re-engage buyers and regain market share. Understand their crucial turnaround strategy.
Swedish Green Steel Startup Stegra Secures $1.65 Billion to Finalize Pioneering Plant
Swedish innovator Stegra gets $1.65B Wallenberg funding to finish its near-zero emission green steel plant by late 2025, powering industrial decarbonization.
Austria’s Bawag to Acquire Permanent TSB in Landmark $1.9 Billion Irish Deal
Bawag acquires Ireland's Permanent TSB for $1.9B, enabling the government's major exit. Uncover the new era for Irish banking post-crisis.
Austria’s Bawag to Acquire Ireland’s Permanent TSB in Landmark $1.9 Billion Acquisition
Bawag Group acquires Ireland's PTSB for $1.9B, a pivotal deal reshaping Irish banking & marking the government's major crisis-era investment exit.
Utilities Plan to Spend $1.4 Trillion Over Next Five Years to Power AI Boom
AI's energy appetite drives US utilities to spend $1.4T on grid upgrades. See the impact on infrastructure, power capacity, and consumer electricity bills.
Dow Taps 30-Year Veteran Karen Carter to Succeed Jim Fitterling as CEO
Dow names Karen Carter CEO July 1. A 30-year veteran, she'll lead Dow's next chapter focusing on sustainability, innovation & global growth.