Shares of insurance software provider Guidewire Software plunged nearly 10% in morning trading, caught in a sector-wide downturn as investors reassess traditional SaaS models against the rising tide of AI integration.
Avis Budget Group is closing Zipcar's Boston headquarters, laying off 128 employees and moving core operations to its New Jersey base, marking a significant shift for the pioneering car-sharing brand it acquired in 2013.
From electric cars and space rockets to social media and brain chips, Elon Musk's ambitions are as vast as his wealth. As he consolidates his empire and wades deeper into political waters, we examine the man behind the headlines—a figure of monumental achievement, relentless controversy, and unparalleled influence.
While global leaders convene at Davos, a quiet revolution is underway in American homes and workplaces. New data reveals a profound shift in how workers view education and career paths, prioritizing skilled trades and practical experience over traditional four-year degrees in the face of AI-driven economic change.
As Bob Iger prepares to step down, the Disney CEO used an earnings call to outline a clear vision for his successor: evolution is non-negotiable. With the board nearing a decision, the media giant stands at a pivotal crossroads.
As global trust in U.S. leadership wavers, a deeper crisis of economic mobility threatens the American Dream. The path forward may lie not in more capitalism, but in cultivating a new breed of capitalists who share prosperity.
Amid a broader retail pivot, QVC is aggressively expanding its beauty and wellness offerings as part of a critical turnaround strategy, even as parent company QVC Group grapples with declining revenues.
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.
Walmart Inc. entered the exclusive $1 trillion market capitalization club on Tuesday, propelled by a stock rally that underscores its successful pivot to digital and appeal across income brackets. The retail behemoth's scale and tech investments are now drawing comparisons to giants like Nvidia and Alphabet.
As student numbers dwindle, a quiet revolution is underway in university admissions offices nationwide. The traditional aloofness is giving way to proactive, hands-on coaching, transforming counselors into personal navigators for incoming freshmen.
Following a successful pilot in Saudi Arabia, the French luxury group and the Saudi Fashion Commission are widening their search for sustainable fashion innovators across the region, aiming to accelerate tangible solutions for the industry's environmental challenges.
The prominent venture capital firm confirms a wave of partner departures resulted from internal disagreements, as it intensifies its focus on artificial intelligence investments and prepares to open a U.S. office, while reaffirming India as its core market.
Steve Hafner, the co-founder who led Kayak from startup to a $2.1 billion acquisition, is replaced as CEO by CFO Peer Bueller. The leadership change comes as the metasearch pioneer faces headwinds from Google and generative AI.
The signals from this year's World Economic Forum extend far beyond diplomacy, presenting CEOs with an urgent mandate to overhaul business models designed for a bygone era of global stability.
CNBC's Jim Cramer has placed PepsiCo on his radar, expressing specific concerns that the consumer giant's Frito-Lay snack division faces headwinds from the rising popularity of GLP-1 weight-loss drugs, even as the stock shows recent strength.
A J.P. Morgan report reveals a growing funding chasm in biopharma, as venture capital flocks to de-risked late-stage companies, forcing early-stage innovators to pivot toward licensing deals and strategic partnerships for survival.
In a new op-ed, Palantir's Shyam Sankar challenges prevailing narratives on AI-driven unemployment, asserting that historical parallels and frontline worker experiences reveal a net positive impact on job creation and productivity.
Building on its successful 2024 debut, body care brand Eos is returning to the Super Bowl with an expanded, humor-driven campaign for its new fragrance line, challenging the category's traditionally serious tone.
Senior NATO naval commanders, gathered in Paris, warn that Russia continues to prioritize and fund its Northern Fleet's submarine capabilities, forcing a costly and complex Western response in the North Atlantic and Arctic.
The French wine group, home to labels like Lanson and Philipponnat, saw revenue fall nearly 9% in 2025, underperforming a declining Champagne market as economic pressures and promotional battles squeeze margins.
