Jean-Baptiste Santoul, a Ferrero veteran, takes the reins at the newly acquired WK Kellogg, pledging to accelerate growth and navigate the challenges facing the North American cereal market.
Major fintech firms like Stripe, PayPal, and Affirm are actively pursuing state and federal banking licenses, seeking not just cost savings but greater control, regulatory simplicity, and a direct line to core financial infrastructure.
FedEx expands its blended sustainable aviation fuel (SAF) program to Dallas-Fort Worth and JFK airports, part of a coast-to-coast push. The move comes as the logistics industry grapples with supply constraints and policy uncertainties that threaten broader adoption of lower-carbon alternatives.
As Disney navigates a transformative deal with OpenAI and intensifying competition, financial experts debate whether the entertainment giant's stock presents a buying opportunity or warrants caution in the current economic climate.
Disney's board has tapped Josh D'Amaro, the longtime executive behind its lucrative parks and experiences division, to succeed Bob Iger as CEO. The move signals a focus on operational excellence and core assets as the company navigates industry upheaval.
The Walt Disney Company has named parks chief Josh D’Amaro as its next CEO, with Dana Walden elevated to Chief Creative Officer. The long-planned succession will take effect in March 2026, marking the end of Bob Iger's storied second act.
Moscow has relied on soaring gold prices to finance its war in Ukraine, offsetting crippling energy sanctions. But as the precious metal's bull run shows signs of fatigue, questions mount over the Kremlin's financial resilience.
Italian entrepreneur Marco Marchi's Exelite Group has assumed full control of the Blumarine brand via a master license, marking a pivotal restructuring. The move sets the stage for a strategic expansion, beginning with a Milan Fashion Week show and a new flagship store, as creative director David Koma aims to elevate the label's global profile.
The Walt Disney Company has named Josh D’Amaro, the architect behind its lucrative parks and experiences division, as its next Chief Executive. The move signals a strategic pivot towards operational stability and capital-intensive physical expansion, even as the entertainment giant continues to navigate the turbulent waters of streaming and film.
A new HSBC analysis highlights Dior as the key growth engine for LVMH's fashion division, forecasting a sales rebound fueled by creative renewal and strategic pricing, while Louis Vuitton's growth moderates.
The London fashion label JW Anderson posted a £21.3 million profit for 2024, a dramatic reversal from last year's loss. While turnover dipped slightly, the return to black ink was primarily driven by the restructuring of an intra-group loan, masking an underlying operating loss as the brand prepares for a strategic pivot under its founder.
The newly merged streaming TV powerhouse reports its inaugural quarterly results, highlighting improved profitability, subscriber resilience amid content disputes, and ambitious integration plans with Disney's ecosystem.
Intel shares surged nearly 26% in January, building on a stunning 84% rebound in 2025. The catalyst: overwhelmingly positive reception for its next-generation Panther Lake CPUs, signaling a potential return to manufacturing leadership.
Fireblocks, a leading digital asset infrastructure provider, has integrated the Canton Network into its platform, offering financial institutions a privacy-focused, regulated environment for tokenization and settlement. The move signals growing institutional demand for compliant blockchain infrastructure.
PayPal abruptly replaced its CEO with board chair Enrique Lores, citing unmet expectations, a move that blindsided HP where Lores was serving as CEO. The leadership crisis underscores the pressure on both firms amid PayPal's 80% stock plunge over five years.
PayPal reports solid 2025 performance driven by Venmo and enterprise payments, but faces challenges in its core online branded checkout business. The company announces board chair Enrique Lopez as incoming CEO, aiming to accelerate execution amid a strategic refocus on merchant experience and biometric adoption.
Elon Musk plans to merge his xAI venture with SpaceX, paving the way for a historic $1.5 trillion public listing. While early backers of his troubled Twitter acquisition stand to gain, the move risks entangling SpaceX's government-focused operations with the controversies of X and its Grok AI.
Ahead of the Super Bowl, Levi's launches a hometown pop-up celebrating the intersection of San Francisco's music, fashion, and sports scenes, while strategically pushing new collaborations to counter recent sales dips.
Uniform and facility services giant Cintas Corporation has launched a bold $5.2 billion takeover bid for competitor UniFirst. The proposed acquisition, offering a significant premium, aims to create an industry powerhouse with over a million customers and unlock new operational efficiencies.
Barclays has adjusted its price target for industrial supplier Fastenal following a mixed Q4, where volume gains were offset by competitive pricing and softer demand. The company, a noted dividend aristocrat, also outlined plans for significant capital expenditure increases in the coming years.
