Coca-Cola Spiced is getting canceled after 7 months on the market
Coca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market
September 25, 2024Coca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market
September 25, 2024A New York appeals court is set to hear arguments in former President Donald Trump’s fight to overturn a civil fraud judgment that could cost him close to half a billion dollars
September 25, 2024Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm's vehicles to the rideshare platform, starting in the United Arab
September 25, 2024Vice President Kamala Harris is pledging to build an economy that is both pro-business and helps the middle class as she pushes back against Republican nominee Donald Trump’s claims that she’s advancing “communist” ideas
September 25, 2024The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission
September 24, 2024Boeing is giving the union for 33,000 striking workers more time, but it still wants a vote on its latest contract proposal
September 24, 2024Italy's main metalworkers union says workers in the automotive sector will go on strike on Oct. 18 in protest of declining output from Stellantis, the biggest carmaker in the country
September 24, 2024OceanGate asked workers to forego paychecks, former employees tell investigators probing Titan implosion
September 24, 2024China's Commerce Ministry says it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules
September 24, 2024Healthcare firm Centivo on Tuesday said it has secured $75 million in equity and debt financing, backed by Cone Health Ventures and the largest U.S. bank JPMorgan Chase's
September 24, 2024Italian designer Alberta Ferretti is stepping down as creative director of her eponymous brand after 43 years, fashion group Aeffe said on Tuesday.
September 24, 2024Levi Strauss' target of hitting $9 billion to $10 billion in revenue by 2027 would be pushed back as rising costs of living hits Western consumers, even as the company expands store
September 24, 2024Japan's factory activity eased in September due to softer production, although further expansion in the service sector supported overall business momentum, a survey showed on Tuesday
September 23, 2024Novo Nordisk's blockbuster diabetes drug Ozempic will be eligible for U.S. government's price negotiations in less than a year based on current criteria, the Danish drugmaker's CEO Lars
September 23, 2024-Shares of former U.S. President Donald Trump's media company tumbled 10% to a new low on Monday, extending recent losses after restrictions on insider selling expired.
September 23, 2024Attention Kmart shoppers: The last full-size Kmart in the mainland United States is closing
September 23, 2024Euro zone business activity contracted sharply and unexpectedly this month as the bloc's dominant services industry flatlined while a downturn in manufacturing
September 23, 2024SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base was "normal and necessary", Chinese media outlet
September 21, 2024Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions
September 20, 2024China Minsheng Bank has cut pay by up to 50% for its Beijing branch employees, two people with direct knowledge of the matter said, in the biggest such move by a major commercial
September 20, 2024The world's biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial
September 20, 2024Russian authorities are discussing raising the one-off contribution that foreign companies leaving the country must make to the state budget to as high as 40% from 15%, the RBC
September 20, 2024European shares slipped on Friday after a rally in the previous session spurred by the U.S.
September 20, 2024Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month
September 19, 2024Buc-ee's opening third location in Kentucky; Here's where it's going
September 19, 2024A broad group of civil rights organizations are calling on the CEOs and board members of major companies to maintain their commitments to diversity, equity and inclusion initiatives
September 19, 2024A spokesperson for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of organizational changes the
September 19, 2024All of 23andMe’s independent directors have resigned from its board in a rare move that marks the latest challenge for the genetic-testing company
September 19, 2024While former U.S.
September 19, 2024Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising
September 19, 2024Analog Devices (ADI) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on
September 19, 2024Marriott International's Chief Executive Officer Anthony Capuano said on Wednesday that the company is watching to see if higher-end consumers will continue
September 18, 2024Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists
September 18, 2024Tupperware Brands filed for bankruptcy protection on Tuesday, after years of struggling with poor demand for its food storage containers and rising financial losses.
September 18, 2024Shares in several Chinese companies linked to the semiconductor industry surged on Wednesday, driven by investor excitement over a government list that some interpret as signaling
September 18, 2024Vietnam's president and ruling Communist Party chief To Lam is set to meet representatives from several U.S. corporations, including Google
September 18, 2024JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the
September 17, 2024Global defensive sector funds are in demand from investors as concerns about a slowdown in the U.S. economy forces them to seek assets such as consumer staples and utilities stocks that
September 17, 2024German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker saying that it is delaying
September 17, 2024More than two decades ago, a national LGBTQ+ rights group decided to promote change by grading corporations on their workplace policies
September 16, 2024Intel shares jump on chip deal with Amazon
September 16, 2024Starbucks said on Monday that its North America CEO, Michael Conway, had decided to retire after about 11 years at the coffee chain.
September 16, 2024By Max A.
September 16, 2024Amazon is requiring employees to be in the office five days a week starting next year, reverting to its pre-pandemic policy
September 16, 2024Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many
September 16, 2024When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy
September 16, 2024The strike could cost Boeing more than $1 billion. But that could be the least of its problems
September 16, 2024British businesses are worried that greater protections for employees planned by the newly elected Labour government will make it more risky to hire new staff, the
September 14, 2024Foreign direct investment into China amounted to 580.19 billion yuan ($81.80 billion) in January-August, down 31.5% from the same period last year, the Chinese commerce ministry
September 14, 2024Time is running out for local governments to use billions of dollars of federal pandemic relief funds
September 14, 2024China's industrial output growth slowed to a five-month low in August, while retail sales and new home prices weakened further, bolstering
September 14, 2024Former President Donald Trump's lock-up period prohibiting Trump from selling or borrowing against his $2.3 billion stake in Truth Social owner Trump Media & Technology Group (DJT) is scheduled to expire by September 25, according to filings. CNN's Matt Egan reports on Trump's obstacles in cashing out on his fortune.
September 13, 2024Denmark's DSV has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for
September 13, 2024A look at the day ahead in Asian markets.
September 12, 2024A strike by the 33,000 factory workers who assemble some of Boeing’s best-selling planes would come as another blow to a company whose bottom line and reputation have taken plenty of hits this year
September 12, 2024Hui Ka Yan, the chairman of China Evergrande Group - the company at the centre of the country's property sector crisis - has been moved to a special
September 12, 2024Taiwan financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25% to about T$222.4 billion ($7 billion), in a deal that would be Taiwan's
September 12, 2024Machinists at Boeing have voted to go on strike, another setback for the giant aircraft maker whose reputation and finances have been battered and now faces a shutdown in production of its best-selling airline planes
September 12, 2024Political tensions, China's slowing economic growth and fierce domestic competition are sapping the confidence of U.S. businesses in the country, with optimism about
September 12, 2024Copper output from Chilean state miner Codelco fell 10.7% in July from a year earlier, copper commission Cochilco said on Wednesday, as the world's largest copper company grapples
September 11, 2024China's state council on Wednesday said it will issue concrete guidelines to strengthen supervision and prevent risks in the country's insurance industry, according to a statement.
September 11, 2024A 26-year-old man has been arrested for allegedly setting fire to an Ola Electric showroom in the southern Indian state of Karnataka over unsatisfactory
September 11, 2024A European business group says China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country
September 11, 2024A $39 billion Canadian takeover bid for 7-Eleven's owner indicates a shift in Japan's corporate governance and has left CEOs "nervous" that their
September 11, 2024The U.S. dollar was mixed overall on Wednesday in choppy trading after data showed underlying inflation in the world's largest economy
September 10, 2024European firms in China doubt the government has a credible plan to boost demand in the ailing economy or will carry out long-promised reforms, diminishing their
September 10, 2024Spanish banker Ana Botin set about transforming Santander, a sprawling, acquisition-obsessed and fragmented lender into a leaner,
September 10, 2024Starbucks’ new chairman and CEO says he plans to focus on improving service and reestablishing the struggling coffee giant's stores as gathering places
September 10, 2024Apple lost a long-running court battle with the European Union on Tuesday, resulting in the company being forced to pay 13 billion euros ($14.4 billion) in back
September 10, 2024Around 20% of industrial value creation in Germany is under threat, according to a study published by the business association BDI on Tuesday.
September 10, 2024The European Union’s top court has rejected Apple’s final legal challenge against an order from the bloc’s executive commission to repay 13 billion euros ($14.34 billion) in back taxes to Ireland, bringing an end to the long-running dispute
September 10, 2024The United State's passage of a bill that aims to restrict business with Wuxi AppTec, BGI and other biotech firms was a "discriminatory" measure against Chinese companies, China's
September 10, 2024UK fund managers Schroders and abrdn named new CEOs on Tuesday, appointing insiders to reboot performance at firms running nearly 1.3 trillion pounds ($1.7 trillion)
September 10, 2024U.S. lender NBT Bancorp has agreed to buy Evans Bancorp in a deal that values it at nearly $236 million, as it looks to expand its footprint in western New York.
September 09, 2024Boeing has told suppliers it is delaying a key production milestone for its 737 MAX by six months, three industry sources said, in a sign the planemaker is struggling to
September 09, 2024An Omani state-run oil and gas company says it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate
September 09, 2024London's benchmark FTSE 100 climbed over 1% amid broader gains led by travel and leisure stocks after an upbeat forecast from gambling group Entain, while
September 09, 2024Volkswagen's CEO, who is pushing for unprecedented cutbacks in the German carmaker's home market, said change was needed because the European market is shrinking while
September 08, 2024Pakistan is renegotiating contracts with independent power producers to rein in "unsustainable" electricity tariffs, the head of the
September 07, 2024A wave of odd-colored lobsters has showed up in fishers' traps, supermarket seafood tanks and scientists’ laboratories over the last year
September 07, 2024NASCAR's 10-race playoffs begin Sunday at Atlanta Motor Speedway under something of a cloud
September 06, 2024Canadian economic activity contracted for the first time in 13 months in August as employment growth slowed and price pressures heated up, Ivey Purchasing Managers Index data
September 06, 2024One of the frontrunners to become Japan's next premier said on Friday that any U.S. move to block Japan's Nippon Steel from buying U.S.
September 06, 2024After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection
September 05, 2024OPEC+ extends oil output cuts again through November
September 05, 2024Canada's services economy contracted for a third straight month in August as firms employed less workers and wildfires contributed to a slowdown in new business, S&
September 05, 2024Governments should not intervene in deals in an arbitrary manner as a matter of principle, Taro Kono, a Japanese minister and prime ministerial
September 05, 2024Dollar stores are struggling. Blame Walmart
September 04, 2024Logitech International founder Daniel Borel on Wednesday failed in his attempt to oust Chairperson Wendy Becker, having accused her of failing to provide leadership at the maker of
September 04, 2024The company formerly known as Lumber Liquidators is going out of business
September 04, 2024Consumer goods giant Unilever has received Russian government approval to sell its assets in Russia, the RBC business daily reported on Wednesday, citing unnamed sources familiar
September 04, 2024Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas, with the companies
September 04, 2024Senior executives from two of the world's most important chipmakers, Taiwan's TSMC and South Korea's Samsung Electronics, offered bullish outlooks
September 04, 2024South African private sector activity rose in August as firms received higher volumes of new orders for the first time since April 2023, a survey showed on Wednesday.
September 04, 2024A damning report on a deadly London high-rise fire says decades of failures by government, regulators and industry turned Grenfell Tower into a “death trap” where 72 people lost their lives
September 04, 2024Growth in China's services sector activity slowed in August despite the summer travel peak, prompting some firms to cut staff amid concerns about rising costs, a private-sector
September 04, 2024Japan's service-sector activity extended gains in August, a private sector survey showed on Wednesday, thanks to an uptick in overseas sales despite a darkening global outlook.
September 03, 2024Vice President Kamala Harris on Thursday offered her most expansive explanation to date on why she’s changed some of her positions on fracking and immigration, telling CNN’s Dana Bash her values haven’t shifted but that her time as vice president provided new perspective on some of the country’s most pressing issues. The full interview will at 9 p.m. ET Thursday on CNN’s “The First Interview: Harris & Walz, A CNN Exclusive.”
September 03, 2024Harris to unveil new wave of economic policies for small businesses, communities, in economic speech Wednesday
September 03, 2024Generating financial returns, noble and important as that goal is, is no longer enough, 3 scholars of marketing argue.
September 03, 2024Costco’s first membership price hike in 7 years just went into effect
September 03, 2024Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and said it contained "false or inaccurate statements" about the AI server
September 03, 2024Canadian manufacturing activity moved closer to stabilization in August as production and new orders fell at slower rates, but a decline in employment underscored
September 03, 2024Two independent members of the supervisory board of Ukraine's national power grid operator resigned on Tuesday, saying they believed the decision to dismiss the operator's head was "
September 03, 2024Brazilian real estate firm HBR Realty said on Tuesday it has filed an eviction action against WeWork due to lack of payment, although the flexible workspace provider denied
September 03, 2024DirecTV is compensating customers affected by the Disney outage. But they have to take action to get it
September 03, 2024Supply chains are under plenty of stress, but they’re not breaking. Here’s why
September 03, 2024British factories had their strongest month in more than two years in August as demand at home offset a fall in exports, according to a survey published on Monday that added to
September 02, 2024France's manufacturing activity contracted at its fastest pace since January in August, as output and new orders fell sharply, a survey showed on Monday.
September 02, 2024Activity in Russia's manufacturing sector grew at its slowest pace in over a year in August, a business survey showed on Monday, as expansion in output, new orders and employment all eased
September 02, 2024Global shares are mixed in cautious trading ahead of the Labor Day holiday in the U.S. Investors also are looking ahead to the U.S. employment report set for release later this week for an indication of the strength of the American economy
September 02, 2024Japanese corporate spending on plant and equipment rose at a faster pace in the second quarter, keeping alive expectations of a domestic-led recovery in economic
September 01, 2024By Max A.
September 01, 2024New Boeing CEO Kelly Ortberg met this week with the head of the Federal Aviation Administration as the planemaker faces numerous regulatory issues and
August 30, 2024Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi
August 30, 2024Dispatching errors and the failure of two backup systems allowed a Union Pacific train to slam into 74 railcars that had been parked on a side track for nine months in Southern California in 2022
August 29, 2024Ford becomes the latest company to scale back its diversity and inclusion policies
August 29, 2024Texas was sued on Thursday by a nonprofit whose members support environmentally-friendly policies, and which seeks to block a state law targeting businesses that support
August 29, 2024By Katie Paul NEW YORK - Meta's Llama artificial intelligence models are being used by companies including Goldman Sachs and AT&T for business functions like customer service, document review and
August 29, 2024Several Chinese regional banks have reported a jump in their investment income in the first half of the year, even as their primary lending businesses faltered, as the flailing
August 29, 2024Nations building artificial intelligence models in their own languages are turning to Nvidia's chips, adding to already booming demand as generative AI takes center stage
August 29, 2024Elon Musk's AI startup, xAI, is facing criticism from environmental and health advocates for allegedly contributing to pollution in Memphis, Tennessee, by using natural gas-burning
August 28, 2024Berkshire Hathaway's market value closed above $1 trillion for the first time on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built
August 28, 2024Chinese electric vehicle maker BYD reported improved net profits in the second quarter thanks to its extended market leadership, even though it led a protracted price war with
August 28, 2024Volkswagen's passenger cars brand is struggling to meet its 10 billion euro ($11.14 billion) cost-cutting target, undermined by issues including low sales and missing parts, German
August 28, 2024Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team responsible for its Apple Books app and Apple Bookstore, Bloomberg News
August 28, 2024Home improvement chain Lowe’s is scaling back its diversity, equity and inclusion policies, joining the ranks of a few other companies who have altered their programs since the end of affirmative action in higher education and amid conservative backlash online
August 27, 2024Shares of Vale rose on Tuesday as analysts and investors welcomed the appointment of Gustavo Pimenta as the Brazilian miner's next CEO, starting next year.
August 27, 2024British retailers reported a third straight month of falling sales in August and they expect another decline in September, prompting them to lower their hiring
August 27, 2024Ryanair Group Chief Executive Michael O'Leary on Tuesday said that Boeing's new management "continue to disappoint" and that deliveries were
August 27, 2024German consumer sentiment is set to tumble going into September as slightly rising unemployment, job cuts and insolvency's drive down income expectations, pushing back hopes of a
August 27, 2024Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it announced restructuring measures and suggested profitability would be lower
August 26, 2024Industrialist Anil Ambani is reviewing the Indian markets regulator’s order banning him and 24 others from the securities market for five years on charges of diversion of funds,
August 25, 2024NASA says it won't use Boeing's Starliner capsule to bring two stranded astronauts back to Earth
August 24, 2024The Justice Department has filed an antitrust lawsuit against real estate software company RealPage, accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices
August 23, 2024A Missouri nonprofit founded in 2015 to help address the issues that contributed to the police shooting death of Michael Brown Jr. and the riots that followed has faced the same lament many philanthropies face
August 23, 2024At a packed investor day in Dearborn, Michigan, last year, Ford Motor executives lauded their forthcoming three-row electric SUV, which they said would be rolling
August 22, 2024Beyoncé launches whiskey inspired by ‘moonshiner’ great-grandfather
August 22, 2024More than 1,000 Indian opposition party supporters demonstrated in New Delhi, Mumbai and other state capitals on Thursday, demanding
August 22, 2024British factory orders fell again this month but at a less severe pace than in July, according to a survey published on Thursday that showed little sign of a sustained recovery for the
August 22, 2024Australia's competition regulator said on Thursday it will closely monitor domestic air fares between metropolitan cities after local carrier Regional Express withdrew from the market last
August 22, 2024France's economy benefited in August from a pick-up in business due to the Olympic Games as a sharp upswing in the country's services sector offset ongoing
August 22, 2024PwC China has informed its clients it expects a six-month business ban by Chinese authorities as early as September as part of punishment for its audit of collapsed property developer
August 21, 2024Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that could bring significant economic harm to businesses and consumers in Canada and the U.S. if the trains don't resume running soon
August 21, 2024Ford Motor Co. is changing its electric vehicle plans and now will focus on making two new electric pickup trucks and a new commercial van
August 21, 2024The European Union's draft findings from an anti-subsidy investigation into Chinese electric vehicles (EV) lack objectivity and fairness, a Chinese industry body said on Wednesday.
August 21, 2024Hong Kong's bourse has booked its first profit increase in three quarters, marking record revenue and income for an April-June period as new listings and trading
August 21, 2024Businesses across a variety of industries are bracing for freight trains to stop moving Thursday at both major Canadian freight railroads if they can't resolve a contract dispute
August 20, 2024Qatar Airways has acquired a 25% stake in the private African carrier Airlink
August 20, 2024More trouble for Boeing: Tests of its troubled 777X paused after it found structural problems
August 20, 2024U.S. stocks closed slightly lower on Tuesday, breaking their recent winning streak amid few market-moving catalysts ahead of the Jackson Hole Economic Symposium,
August 20, 2024Former co-defendant of British tycoon missing in luxury yacht sinking dies after being struck by car
August 19, 2024Mike Lynch, the tech tycoon missing after his luxury yacht sank off Sicily, spent more than a decade building Britain's biggest software company and then almost as
August 19, 2024House Republicans have released their initial impeachment inquiry report on President Joe Biden
August 19, 2024Starbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant
August 15, 2024Americans are still shopping. They’re just going to Walmart
August 15, 2024Wally Amos, founder of Famous Amos cookies, dies at 88
August 14, 2024Logic suggests that U.S. companies will benefit when the Fed's interest rate-cutting cycle gets underway, because they will pay less to service their debt, but
August 14, 2024Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the company said in a
August 13, 2024Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over
August 13, 2024A Japanese business executive has returned to Japan after being convicted and released this week after more than a month of detention in Myanmar
August 13, 2024Europe was on the brink of a night train revolution. Here’s what actually happened
August 09, 2024Retailers are tricking consumers into spending more with earlier-than-ever Halloween rollout
August 09, 2024Boeing‘s new CEO is on the job and visiting a key factory near Seattle
August 08, 2024Boeing’s new CEO is already making an overdue change his first day on the job
August 08, 2024The National Transportation Safety Board plans to conduct a safety culture survey of employees at Boeing's 737 MAX factory in Renton, Washington, the board's chair said on Wednesday.
August 07, 2024Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theaters for the movie “Inside Out 2.”
August 07, 2024Japanese technology giant SoftBank Group has reported a smaller loss for the April-June quarter compared to a year earlier
August 07, 2024Liquidators of troubled property giant China Evergrande Group have started legal action against PricewaterhouseCoopers, accusing it of "negligence" and "misrepresentation" in its work for
August 07, 2024Meal delivery service dumps $17,000 worth of food lost during power outage
August 06, 2024WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities
August 06, 2024Microsoft lashes out at Delta: Your ancient tech caused the service meltdown
August 06, 2024Boeing said on Tuesday it plans to make design changes to prevent a future mid-air cabin panel blowout
August 06, 2024From Nigeria to London: Nelly Agbogu is on a mission to elevate African small businesses
August 05, 2024U.S. services sector activity rebounded from a four-year low in July amid a bounce back in new orders and the first increase in employment in six months, which could help to
August 05, 2024In 2022, Michigan Gov. Gretchen Whitmer welcomed a Chinese battery company’s plan to build a $2.36 billion factory and bring a couple thousand jobs to Big Rapids
August 05, 2024Japan's benchmark Nikkei 225 index has soared nearly 11% a day after it set markets tumbling in Europe and on Wall Street
August 04, 2024Japan's service-sector activity returned to growth in July thanks to solid domestic demand, a survey showed on Monday, but slow overseas orders and unabated cost pressures continue
August 04, 2024Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market because the investor is so revered and there had been little positive financial news lately
August 03, 2024Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years
August 02, 2024Intel shares sank 26% on Friday in their worst day since 1974 after the chip manufacturer suspended its dividend and slashed its workforce to fund a
August 02, 2024Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation
August 02, 2024Boeing's incoming boss, Kelly Ortberg, faces a herculean task when he starts next week - restoring the might of a U.S. corporate powerhouse rocked by multiple crises.
August 01, 2024Chipmaker Intel says it is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD
August 01, 2024At a national bitcoin conference in Nashville, Donald Trump finally spelled out some of his crypto policy proposals including one hotly anticipated part of his plan -- building a strategic bitcoin reserve. CNN's Jon Sarlin explains what that is and why the crypto industry wants it.
August 01, 2024China's sluggish manufacturing sector is poised for a "cruel summer" with two sentiment surveys this week pointing to a new level of gloom among factory
August 01, 2024Ireland's manufacturing sector eked out growth for just the second time in eight months in July, bouncing back after contracting at the fastest pace in a year a month earlier, a
July 31, 2024As the Fed inches closer to cutting its benchmark interest rate, how can households prepare? Karin Caifa reports.
July 31, 2024Embattled Chinese property developer Shimao Group said on Wednesday a Hong Kong court had adjourned until Aug. 12 a liquidation hearing against the company, allowing it more time
July 31, 2024At the University of South Wales, Professor Damian Bailey runs an environmental testing chamber that can alter temperature, altitude, pressure and oxygen levels. CNN’s Senior Climate Writer Laura Paddison put her body to the test under extreme heat and humidity to understand how these conditions can quickly become deadly and why a warming world is dangerous for us all.
July 30, 2024Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company’s CEO said the auto industry is in the middle of a significant storm
July 30, 2024JetBlue Airways is reporting a small but surprising profit for the second quarter
July 30, 2024Ferrari said on Tuesday its Dutch parent company Ferrari N.V. has strengthened ties with the Italian tax authority by joining a compliance programme that includes regular and
July 30, 2024WPP named former BT chief Philip Jansen as its new chair on Tuesday, succeeding Roberto Quarta at the world's largest advertising company.
July 30, 2024India's Adani Enterprises, the flagship firm of Adani Group, plans to launch its first-ever public issue of bonds in the coming weeks to raise up to 6 billion rupees
July 30, 2024Toyota's global production tumbled in June, down for a fifth straight month with the automaker hit hard by a certification scandal in its home market and a fierce price war in China.
July 30, 2024Four pharmaceutical companies involved in the first U.S. negotiations over prices for the Medicare program said they do not expect a significant
July 29, 2024The entrance of name, image and likeness deals in college sports has raised questions about what it means to be a tax-exempt charitable organization
July 29, 2024Asian shares are mostly declining in cautious trading ahead of central bank meetings around the world
July 29, 2024China's industrial profits grew at a faster clip in June, official data showed on Saturday, even as businesses were grappling with a downshift in consumers' sentiment amid a shaky
July 27, 2024Profits at China's industrial firms rose 3.5% in the first half of 2024 compared with the same period in 2023, official data showed on Saturday.
July 27, 2024A jury on Friday found that Abbott Laboratories' specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel
July 26, 2024Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times
July 26, 2024Bankrupt hospital owner Steward Health Care will close two locations in Massachusetts after failing to find a buyer for them, the company said Friday.
July 26, 2024U.S. authorities filed criminal and civil charges against Andrew Left, a prominent face of the activist short-selling industry, alleging he had for years manipulated the market and
July 26, 2024WesBanco has agreed to buy smaller rival Premier Financial in an all-stock deal valued at $959 million, the lenders said on Friday, offering another sign of growing consolidation in the
July 26, 2024Toothpaste maker Colgate-Palmolive raised its forecasts for annual profit and organic sales on Friday, after beating second-quarter estimates on resilient demand for its high-priced
July 26, 2024Chinese electric vehicle battery giant CATL recorded faster profit growth in the second quarter, even as EV demand slows in the world's largest auto market while geopolitical
July 26, 2024Spanish insurer Mapfre said on Friday its first-half net profit jumped thanks to fewer and more benign natural disasters and a turnaround in its car insurance business in the United States
July 26, 2024LinkedIn billionaire is going all-in on Kamala Harris. But he wants her to make a big change
July 26, 2024Small business owners in Paris expected a boon in visitors once the Olympics arrived
July 26, 2024Britain's competition regulator said on Friday the country's drivers are still paying too much for road fuel, with increases in retail fuel margins costing them over 1.6 billion
July 26, 2024Shares in startup Timee, which operates a platform connecting workers seeking side gigs with labour-strapped businesses, rose roughly 30% on Friday in their Tokyo stock market debut.
July 26, 2024Twelve companies including global miner Rio Tinto and Chinese electric vehicle maker BYD have submitted proposals to extract lithium in Chile's Altoandinos salt flats, the state
July 25, 2024Brokerage firm Charles Schwab has appointed Michael Verdeschi as its chief financial officer, effective Oct. 1, according to a filing with the U.S. securities regulator on Thursday.
July 25, 2024Indian drugmaker Mankind Pharma said late on Thursday it would acquire Bharat Serums and Vaccines Ltd in a deal valued at around 136.30 billion rupees ($1.63 billion), including debt.
July 25, 2024A Senate committee has voted to authorize an investigation into the bankruptcy of Steward Health Care and to subpoena the company’s CEO
July 25, 2024Walmart Canada said on Thursday it has invested $53 million to increase hourly wages for about 40,000 of its store associates earlier this month.
July 25, 2024President Joe Biden has signed into law a bill strengthening oversight of the crisis-plagued federal Bureau of Prisons after The Associated Press exposed systemic corruption and abuse in the prison system
July 25, 2024Inside Amazon.com's chip lab in Austin, Texas, half a dozen engineers on a Friday afternoon put a closely guarded new server design through its paces.
July 25, 2024Tesla CEO Elon Musk said on Thursday he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial
July 25, 2024Shares of Ford Motor Co. are tumbling Thursday after the automaker’s second-quarter adjusted profit badly missed Wall Street’s expectations as it spent more money fixing customers’ cars and trucks
July 25, 2024Warner Bros Discovery shares fell more than 4% in U.S. premarket trading on Thursday, after the media giant failed to renew broadcasting rights for the NBA games, fueling investor concerns
July 25, 2024Bank of America’s corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023,
July 25, 2024Canada's main stock index fell to a two-week low on Thursday, led by declines for industrial and metal mining shares, as recent disappointing earnings from some economically
July 25, 2024Insurance broker WTW posted a 20% rise in its second-quarter profit on Thursday, helped by a strong performance in its risk and brokerage business.
July 25, 2024As President Emmanuel Macron welcomes business leaders including Elon Musk to Paris ahead of Friday's Olympic opening ceremony, there are early signs France's political deadlock is
July 25, 2024British manufacturers' expectations for price rises in the next few months fell to their lowest since late 2020 and they ramped up forecasts for output too, a survey from the Confederation
July 25, 2024Four high street banks, HSBC, Lloyds, TSB and Allied Irish Bank (AIB), broke Britain's competition rules, the Competition and Markets Authority said in a statement on Thursday.
July 25, 2024The S&P 500 and Nasdaq Composite ended a fickle session weaker on Thursday, failing to regain ground lost in the previous day's tech-triggered sell-off as investors grappled
July 25, 2024Global insured losses from last week's massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday.
July 25, 2024Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe
July 25, 2024Thailand saw investment pledges rise 35% in the first half of this year to 458 billion baht ($12.68 billion), the Board of Investment said Thursday.
July 25, 2024US Department of Justice finalizes plea deal with Boeing
July 24, 2024Bitcoin miner Bitfarms said on Wednesday it adopted a second 'poison pill' after a Canadian tribunal ceased the earlier one adopted to fend off a potential hostile takeover attempt by rival
July 24, 2024Lineage, the world's largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. initial public offering, setting it up for the biggest stock market
July 24, 2024Mexican breadmaker Bimbo's second-quarter net profit slipped by 16.3% compared to the same period last year to 3.32 billion pesos ($181.56 million), the firm reported on
July 24, 2024NBA rejects Warner Bros. Discovery’s matching offer to retain games, setting up potential legal showdown
July 24, 2024Ford Motor Co.’s second-quarter net income fell 4.7% from a year ago as the company’s combustion engine unit saw pretax profits decline due to stubbornly high warranty costs
July 24, 2024Chipotle Mexican Grill surpassed Wall Street estimates for quarterly sales and profit on Wednesday as demand for its rice bowls and burritos held up
July 24, 2024Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with
July 24, 2024We finally know what caused the global tech outage - and how much it cost
July 24, 2024Renault posted a better-than-expected operating profit for the first half of the year on Wednesday due to strong pricing and new vehicle launches,
July 24, 2024U.S. grains merchant Bunge and Glencore-backed Viterra's $34 billion merger deal is heading towards conditional EU antitrust approval, a person with direct
July 24, 2024U.S. business activity climbed to a 27-month high in July, but firms appeared to have some difficulty sustaining higher prices for their goods and services amid resistance from
July 24, 2024AMC Entertainment Holdings said on Wednesday it would report a loss for the second quarter compared to a profit in the year-ago period, blaming a thin slate of big releases due to last
July 24, 2024A panel at the Japanese labour ministry has decided to raise the national average minimum wage by about 5% to 1,054 yen ($6.85) per hour this fiscal year, the biggest ever jump,
July 24, 2024Elevator maker Otis Worldwide lowered its 2024 net sales forecast on Wednesday on softening demand for its new equipment from North America and China.
July 24, 2024Germany's cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21 billion euros per year to help bolster stuttering growth
July 24, 2024U.S. Fortune 500 companies, excluding Microsoft, will face $5.4 billion in financial losses from the recent CrowdStrike outage, insurer Parametrix said on Wednesday.
July 24, 2024British business activity picked up this month after a lull in the run-up to a July 4 election, bolstered by the fastest manufacturing growth in two years and the
July 24, 2024Growth in euro zone business activity stalled this month as a tepid expansion in the bloc's dominant services industry failed to offset a deeper downturn among
July 24, 2024Britain's Informa said on Wednesday it had reached a deal to buy Cannes Lions Festival owner Ascential for 1.2 billion pounds ($1.6 billion), adding the flagship ad
July 24, 2024Asian shares have dropped morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing 3.3% lower, as pessimism set in over Wall Street's overnight nose-dive
July 24, 2024French technology company Atos on Wednesday appointed its chairman Jean Pierre Mustier as CEO to replace departing boss Paul Saleh in its fifth top management reshuffle in less than two
July 24, 2024Corporate planners must have a headache as the U.S. political pendulum swings at its fastest rate since World War Two and the related policy churn may act as a drag on
July 24, 2024Vietnam has passed a decree radically loosening the Communist Party-ruled state’s control on how electricity is sold to private companies
July 24, 2024Japan protested to Russia on Wednesday over curbs denying entry to 13 Japanese business executives, including the Toyota Motor chairman, as part of counter-sanctions measures.
July 24, 2024Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to
July 23, 2024Financial software maker OneStream, which is backed by private equity firm KKR, priced its U.S. initial public offering (IPO) above its indicated range on Tuesday,
July 23, 2024Boeing said on Tuesday it has resumed deliveries of its best-selling 737 MAX airplane to China after a lengthy delay stemming from regulatory issues.
July 23, 2024U.S. companies borrowed 4% less to finance equipment investments in June than a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday.
July 23, 2024Isaac Perlmutter, one of the largest investors in Walt Disney, has sold his entire stake in the media company after losing the proxy fight, the Wall Street Journal reported on Tuesday.
July 23, 2024French planemaker Dassault Aviation reported on Tuesday first half adjusted net sales of 2.54 billion euros ($2.76 billion), up from 2.30 billion euros
July 23, 2024Philip Morris International pushed the test-launch of its heated tobacco device, IQOS, in the U.S. to the fourth quarter on Tuesday and lowered its annual forecast for the heated tobacco
July 23, 2024U.S. pharmaceutical industry middlemen defended their role in the healthcare system during a Congressional hearing on Tuesday after committee members
July 23, 2024Overstock.com is back from the dead
July 23, 2024Sherwin-Williams on Tuesday raised its full-year earnings forecast and posted a second-quarter profit that beat estimates, as the paintmaker was helped by higher prices and increased sales
July 23, 2024More plane orders flowed in at the Farnborough Airshow on Tuesday despite supply chain pressures on jetmakers and complaints
July 23, 2024Medical supplies distributor Owens & Minor said on Tuesday it has agreed to buy medical equipment firm Rotech Healthcare for $1.36 billion in cash to expand its presence in home-based care
July 23, 2024Coca-Cola is raising is full-year sales guidance after a stronger-than-expected second quarter
July 23, 2024Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from price hikes and an advertising blitz, mainly in
July 23, 2024Japan Airlines has ordered 20 Airbus A350-900 and 11 A321neo planes, Airbus's planemaking chief Christian Scherer said at the Farnborough Airshow on Tuesday.
July 23, 2024India's Hindustan Unilever (HUL) posted a higher first-quarter profit on Tuesday as price cuts boosted volumes, while a revival of the company's key home care business indicated a
July 23, 2024China's top economic planner said on Tuesday it will support high-quality companies to borrow medium- and long-term foreign debt, to support the development of the real economy,
July 23, 2024United Parcel Service lowered its 2024 operating margin target on Tuesday, after new e-commerce customers - identified by industry
July 23, 2024Virgin Atlantic has ordered a further seven Airbus A330-900 planes, the airline said at the Farnborough Airshow on Tuesday.
July 23, 2024Novo Nordisk, the maker of weight-loss drug Wegovy, earlier this month bought a 200-acre site in Denmark's third largest city Odense and will begin
July 23, 2024Robert Bosch has agreed to acquire Johnson Controls' and Hitachi's residential ventilation businesses for $8 billion, it said on Tuesday, in what will be
July 23, 2024Toyota Motor said on Tuesday it would launch an 807 billion yen ($5.16 billion) tender offer for its own shares.
July 23, 2024Insurer Beazley said on Tuesday it had no plans to alter its guidance in the wake of Friday's global IT glitch, which crashed an estimated 8.5 million Windows-operated devices,
July 23, 2024South Korean prosecutors have arrested the founder of the country’s tech giant Kakao Corp. on suspicion of stock price rigging during his company’s takeover of a major K-pop agency last year
July 23, 2024Computer mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday, after a strong performance across nearly all product categories
July 23, 2024Global stocks edged lower after paring early gains while U.S. bond yields dropped on Tuesday as markets awaited economic data and a plethora of corporate earnings,
July 23, 2024The maker of Robitussin settled a consumer lawsuit that claimed its "non-drowsy" cough and flu medicine causes drowsiness, agreeing to pay $4.5 million and
July 22, 2024Global business travel spending in 2023 recovered to pre-pandemic levels in North America, Latin America, the Middle East and Africa as companies resumed in-
July 22, 2024Europe's largest software maker SAP reported a 25% jump in its cloud business and beat analysts' estimates for total revenue for the second quarter on Monday.
July 22, 2024Japan Airlines has ordered 10 Boeing 787-9 aircraft and agreed options for 10 more, the two companies said at a joint media briefing at the Farnborough Airshow on
July 22, 2024Goodyear Tire & Rubber will sell its Off-the-Road equipment tire business to Japan's Yokohama Rubber for $905 million in cash, it said on Monday, as part of a drive to streamline its
July 22, 2024Boeing is set to announce on Monday an order for roughly 20 777X jets from Korean Air, in a boost to the U.S. planemaker’s long-delayed plane programme, two sources
July 22, 2024Britain's Vodafone said it sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), bringing its ownership in a group which controls European mobile phone
July 22, 2024Aviation leaders will meet at a marque summit outside London on Monday as the industry struggles with supply chain disruptions, aircraft delays and floundering plans
July 21, 2024U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election.
July 21, 2024U.S.-based private equity firm Stonepeak said it would buy New Zealand's Arvida Group for NZ$1.24 billion ($745.74 million) excluding debt, sending the aged care provider's shares up nearly
July 21, 2024There are some signs of a decline in airline yields but this is not yet affecting demand for new aircraft, Airbus's planemaking chief Christian Scherer said on Sunday.
July 21, 2024Costs from the global outage could top $1 billion – but who pays the bill is harder to understand
July 21, 2024Varta stock plunged as much as 80% to a record low on Monday after the German battery maker said restructuring options to avert insolvency,
July 21, 2024Boeing is seeing a significant improvement in production flow at its 737 MAX factory, its new commercial planes chief said on Sunday, as the U.S. planemaker battles to overcome a
July 21, 2024China released a policy document on Sunday, outlining known ambitions, from developing advanced industries to improving the business environment, with analysts spotting no sign of
July 21, 2024Transport providers, businesses and governments are rushing to get all their systems back online after long disruptions following a widespread technology outage
July 20, 2024Japan's biggest steelmaker, Nippon Steel Corp., has hired former U.S. Secretary of State Mike Pompeo to help with its effort to acquire U.S.
July 20, 2024Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed.
July 20, 2024The U.S.
July 19, 2024Walt Disney said on Friday that Oracle chief executive Safra Catz is departing the entertainment company's board after six years.
July 19, 2024Brazilian planemaker Embraer is gearing up for a "very strong" second half after meeting its expectations for deliveries in the first half of
July 19, 2024The U.S.
July 19, 2024PVR Inox, India's largest multiplex operator, reported a first-quarter loss that more than doubled on Friday due to fewer big-budget Bollywood releases and weak box office
July 19, 2024Reliance Industries, India's most valuable company, reported first-quarter profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
July 19, 2024Colombia's Ecopetrol is in talks with U.S. oil producer Occidental Petroleum to possibly buy a 30% stake in shale oil producer CrownRock, in a transaction potentially worth $3.6
July 19, 2024A U.S. court ruled that Booking.com violated the Computer Fraud and Abuse Act by accessing part of Ryanair's website without permission, court documents showed.
July 19, 2024Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of
July 19, 2024CrowdStrike CEO George Kurtz apologized for a global tech failure that disrupted multiple industries on Friday, vowing to work with all of its customers as they work to get
July 19, 2024Several U.S. mid-sized and regional banks reported a fall in their second-quarter profit, as income from charging customers interest was squeezed by higher deposit costs and
July 19, 2024China will step up support for its program of equipment upgrades and consumer goods trade-ins, state media reported on Friday, citing a cabinet meeting.
July 19, 2024Burberry's new boss Joshua Schulman faces an immediate strategy dilemma.
July 19, 2024U.S. stocks extended their slump on Friday as lingering chaos related to a global technical outage caused by a software glitch added uncertainty to an already-
July 19, 2024Airbus has won European certification for the latest addition to its single-aisle family of jets, the long-distance A321XLR, a spokesperson said on Friday.
July 19, 2024A Thai investigation into discounts from China's BYD will continue despite a cash-back programme from its distributor in response to
July 19, 2024Britain's competition regulator said on Friday it has cleared Nationwide Building Society's proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money UK.
July 19, 2024DOJ says ‘substantial progress’ made toward final plea agreement with Boeing but needs more time
July 19, 2024