A group of former Dell Technologies employees has filed a federal lawsuit accusing the company of breaching its fiduciary duties by retaining underperforming in-house funds in its $14.6 billion retirement plan, allegedly costing participants over $318 million.
PepsiCo announces a 15% price reduction on its popular snack brands, including Doritos and Cheetos, as shoppers grapple with high grocery costs and ahead of the peak Super Bowl snacking weekend.
A leaked internal memo reveals Cracker Barrel is now requiring traveling employees to eat at its own restaurants, while cutting alcohol reimbursement—a move raising eyebrows about the chain's strategy amid shifting sales.
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.
A wave of insider selling at T-Mobile US, totaling over $13 million in the past year, has caught the market's attention. While recent buying by the CEO offers a counter-narrative, the sustained disposals by multiple executives prompt a closer look at the telecom giant's valuation and future prospects.
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.
Citi Research has initiated coverage on Sanofi with a Neutral rating and an €85 price target, citing pipeline setbacks and a lack of near-term catalysts. The analysis comes as the French pharma giant reports positive Phase 3 results for its eczema drug amlitelimab.
Goldman Sachs raises its price target for Energy Transfer LP (ET) to $19, citing the upcoming USAC/J-W Power deal and adjustments in NGL and crude oil segment forecasts, while maintaining a Neutral rating amid near-term EBITDA headwinds.
Elon Musk consolidates his space and AI ventures as SpaceX acquires xAI, with a combined valuation nearing $1.25 trillion. The move precedes a highly anticipated SpaceX IPO that could become the largest in history and reignite the global market for new listings.
Following a modest 2.8% increase this year, early projections from the Senior Citizens League suggest next year's Social Security cost-of-living adjustment could shrink to 2.5%, intensifying concerns over retirees' eroding purchasing power amid rising healthcare costs.
Merck & Co. reported solid fourth-quarter revenue growth driven by its blockbuster cancer drug Keytruda, but the pharmaceutical giant forecasts a slowdown in earnings growth as it absorbs billions in costs from recent acquisitions aimed at diversifying its pipeline ahead of Keytruda's patent expiration.
In a major strategic pivot, cryptocurrency exchange giant Binance has begun converting its entire $1 billion user protection fund (SAFU) from stablecoins to Bitcoin. The first $100 million purchase, executed as Bitcoin prices waver, signals a long-term bet on the original cryptocurrency and could provide a structural floor for the market.
In a candid television appearance, legendary Democratic strategist James Carville dismissed several high-profile names before identifying Illinois Governor J.B. Pritzker as a potential powerhouse for the party's 2028 presidential nomination, citing his fundraising prowess and an unconventional appeal to key voter blocs.
A Utah court weighs whether a prosecutor's office should be disqualified from a high-profile murder case after it was revealed a deputy prosecutor's adult child witnessed the assassination of conservative activist Charlie Kirk. The defense argues the connection creates an untenable conflict, a move experts say could influence whether the death penalty remains on the table.
Following the landmark sale of Versace, Capri Holdings reports a streamlined balance sheet and mixed quarterly results, as it pivots focus to reinvigorate its core luxury brands.
Colorado's tax filing season has commenced ahead of schedule, bringing modest TABOR refunds and the Family Affordability Tax Credit to eligible residents, offering some financial relief amid ongoing economic pressures.
A coalition of Christian investors managing over $4 billion in assets has filed 38 shareholder proposals for 2026, urging major corporations to abandon politically charged social initiatives and refocus on core business operations and fiduciary duties.
First Brands Group, parent of Cardone Industries, closes facilities in Harlingen and Arlington as bankruptcy and federal fraud charges against former executives unravel the company, leaving Texas workers out of work.
Pharmaceutical giant Merck & Co. reported fourth-quarter revenue that surpassed Wall Street forecasts, driven by robust demand for its key products. However, a more conservative full-year sales projection and a sharp expected decline in earnings for the coming year tempered the positive results, sending shares lower in after-hours trading.
