Investment firm CapWealth Advisors has significantly increased its stake in telecom provider Lumen Technologies, signaling confidence amid the company's strategic pivot towards enterprise and AI infrastructure.
An analysis of the most-held stocks on the Robinhood platform reveals where the retail investing crowd is placing its bets, with two tech giants emerging as particularly compelling long-term investments.
Restaurant Brands International (RBI) has formed a joint venture with private equity firm CPE, ceding majority control of Burger King's China operations in a deal aimed at turbocharging growth. The partnership targets a more than tripling of restaurants to over 4,000 by 2035, leveraging local expertise and capital.
Senior executives from the cryptocurrency and traditional banking sectors are set to meet with White House officials this week, as policymakers seek to bridge a critical divide over stablecoin regulations following a sharp market downturn.
Amazon is discontinuing its Amazon One biometric palm payment system in 2026, ending a nearly six-year experiment in contactless retail technology that faced scrutiny over data security.
In the wake of its Chapter 11 filing, Saks Global Enterprises is closing all Neiman Marcus Last Call locations and most Saks Off 5th stores, marking a dramatic retreat from the off-price sector as it refocuses on core luxury business.
Amazon will discontinue its Amazon One palm-scanning payment and entry technology at retail locations in 2026, marking a retreat from one of its most ambitious physical commerce experiments.
Sandra Harris is stepping down as CFO of Genesco, with CEO Mimi Vaughn taking on the role temporarily. The exit comes as the footwear retailer navigates a recent restructuring and revises its sales outlook amid challenging market conditions.
New federal data reveals a significant year-over-year jump in energy costs for November, with natural gas prices soaring and electricity rates climbing, squeezing household budgets amid fluctuating demand and generation patterns.
In a significant shift, Harvard College reports a nearly 7-point decline in 'A' grades awarded last semester, marking the first tangible result of a faculty-led campaign to restore meaning to academic evaluations and combat rampant grade inflation.
Fourth-quarter earnings for S&P 500 companies are significantly outperforming expectations, led by robust growth in industrial and tech sectors, as investors await a busy week of corporate results and key economic data.
German biotech firm AMSilk partners with Italian mill Pure Denim to launch a new category of high-performance, sustainable denim infused with lab-grown spider silk proteins, targeting the luxury market with enhanced comfort and eco-credentials.
The iconic outdoor apparel brand Eddie Bauer is preparing to file for Chapter 11 bankruptcy and close its physical stores across the U.S. and Canada, marking a decisive shift to a digital-first future while retaining some international retail presence.
The health retailer unveils its first AI-powered 'Shoppe Advisor' in a Manhattan flagship, aiming to blend digital personalization with human expertise in a competitive market, following a year of ownership changes and executive reshuffling.
Climate Impact Partners bolsters its leadership team with the appointment of Ryan King, former CCO of carbon removal firm Undo Carbon, signaling aggressive expansion plans in the evolving voluntary carbon market.
Ford Motor Company is reportedly in preliminary discussions with Chinese tech and auto newcomer Xiaomi, exploring a joint venture that could facilitate Xiaomi's entry into U.S. vehicle manufacturing, according to sources familiar with the matter.
As the wearables market surges, Biolinq CEO Richard Yang positions smart patches as the next evolution, capable of tracking deep biochemical data where watches track surface metrics, with his company's FDA-cleared glucose sensor leading the charge.
The Walt Disney Company's latest quarterly results surpassed Wall Street's modest expectations, yet its stock failed to rally. While its Experiences division continues to be a profit powerhouse and streaming turns a corner, broader challenges and a shrinking 'beat' margin leave investors watching for a catalyst.
The Walt Disney Company posted a mixed fiscal first quarter, with its Experiences division reaching an unprecedented $10 billion in revenue. While streaming profits soared, a warning of softening U.S. park demand and a looming CEO transition cast a shadow over the results.
The natural foods giant divests its North American snacks portfolio, including Terra chips and Garden of Eatin', to reduce debt and concentrate on core categories like tea, yogurt, and home meal solutions amid intense competition.
