In a surprise move, PayPal replaces CEO Alex Chriss after just five months, appointing veteran tech executive and board member Enrique Lores to lead the company amid investor pressure for faster growth and strategic clarity.
Ukrainian President Volodymyr Zelenskiy condemned Russia's latest wave of attacks on energy infrastructure, calling them a deliberate blow to U.S.-led diplomatic efforts. He vowed to coordinate with Washington on potential consequences.
House Speaker Mike Johnson confronts a pivotal procedural vote Tuesday to end the partial government shutdown, navigating a razor-thin Republican majority and internal defiance despite former President Trump's directive against any changes to the funding measure.
Fortinet's latest upgrade to its FortiCNAPP platform integrates disparate cloud security tools into a unified, context-aware system, a strategic move watched closely by investors as the company vies for dominance in the crowded cybersecurity market.
Amid a tech-driven market rally, American International Group (AIG) emerged as a key performer for Diamond Hill Capital's Large Cap Fund in late 2025, highlighting a shift toward fundamentally sound, cash-generative businesses.
A new analysis from Macquarie reveals a pivotal shift: carbon pricing is now being driven more by local political will and regulatory changes than by global emissions trends, creating divergent fortunes for markets from Europe to the Pacific.
Saks Global is dramatically scaling back its off-price footprint, closing 57 Saks OFF 5TH stores as part of a Chapter 11 restructuring. The move signals a sharp strategic turn towards full-price luxury retail, leaving just a dozen discount outlets operational nationwide.
Despite a strong quarterly market rally led by tech, Diamond Hill Capital's Large Cap Fund underperformed, citing caution on AI hype. Food distribution giant Sysco was a notable laggard in the fund's portfolio, with analysts pointing to broader concerns over consumer spending and the restaurant industry's outlook.
Amid a tech-led market rally, investment manager Diamond Hill Capital reveals a new position in industrial conglomerate Dover Corporation, highlighting a strategic pivot towards cash-generative businesses while expressing caution on overheated AI valuations.
As Iran's cryptocurrency transactions surge to an estimated $10 billion annually, U.S. authorities are intensifying scrutiny over whether digital asset platforms are being used by state-linked entities to evade international sanctions, Reuters has learned.
Swiss wealth manager Julius Baer reports a 25% drop in net profit for 2025, driven by significant credit losses and one-off items, even as underlying pre-tax profit rose 17% and assets under management grew to SFr 521 billion on robust net new money.
Diamond Hill Capital's Large Cap Fund added Wix.com to its portfolio in Q4 2025, positioning the web development platform as a fundamentally sound investment despite recent stock weakness and a cautious view on AI hype.
While tech stocks soared on AI optimism in Q4 2025, Diamond Hill's Large Cap Fund took a contrarian stance, adding healthcare company Solventum to its portfolio. The fund's managers express caution on overheated AI valuations and highlight cash-generative businesses as key opportunities.
The Panama Canal Authority has unveiled stringent pre-qualification criteria for firms bidding on two major new terminals, demanding proven global scale and experience, as it advances an $8.5 billion modernization plan amid recent port contract upheavals.
Amid a tech-led market rally, Diamond Hill Capital's Large Cap Fund took a contrarian position in the fourth quarter, initiating a stake in natural gas producer EQT Corporation. The fund's latest letter outlines a cautious view on AI euphoria while positioning for resilience in energy fundamentals.
Diamond Hill Capital's latest investor letter highlights General Motors' resilient performance in Q4 2025, even as the fund expresses caution toward AI-driven market euphoria and lags behind the broader value index.
China's COMAC showcases its C919 narrowbody jet at the Singapore Airshow, aiming to boost international sales after strong domestic adoption but facing geopolitical and market barriers abroad.
The Marzetti Company reported fourth-quarter revenue in line with Wall Street expectations at $518 million, though earnings per share fell short. While its foodservice segment saw growth, retail sales softened, highlighting ongoing challenges for the specialty food maker.
Gold and silver prices rebounded sharply in European trading Tuesday, recovering from a two-day plunge as fundamental demand drivers and attractive levels lured buyers back to the market.
A reader asks if taxes can be completely avoided when converting a 401(k) to a Roth IRA. While a full escape isn't possible, financial experts outline key timing and planning strategies to significantly reduce the long-term tax burden.
