PayPal Holdings has named board chair and former HP Inc. chief Enrique Lores as its new CEO, replacing Alex Chriss after just over two years. The leadership shakeup follows disappointing earnings, heightened competition, and board concerns over the pace of execution.
USAA and Regions Bank have confidentially settled their mutual patent infringement lawsuits over remote check deposit technology, bringing a contentious legal battle in a favored patent court to a close. Terms were not disclosed.
A Lantana homeowner's struggle with six-figure fines for parking on her own grass and minor property issues has reached a legal dead end, reigniting debates over municipal revenue practices and constitutional protections against excessive penalties.
TransDigm Group concluded fiscal 2024 with robust cash reserves nearing $6.3 billion, powered by high-margin aftermarket revenues. While navigating Boeing strike impacts and a slower OEM recovery, the aerospace supplier projects steady growth for 2025 and signals continued aggressive capital deployment for acquisitions and shareholder returns.
Uber CEO Dara Khosrowshahi outlined a vision where the company's food delivery and freight networks could be the key to making robotaxis viable, by keeping autonomous vehicles utilized during off-peak ride-hailing hours.
Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, is closing all 28 Bahama Breeze locations. While 14 restaurants will be converted to other brands in its portfolio, the move marks the end of the tropical-themed casual dining chain.
Heather Schimmers, President of Emplify Health, has been appointed to oversee the integrated healthcare provider's operations in both Green Bay and La Crosse, following the retirement of former Green Bay leader Chris Woleske.
Darden Restaurants is shuttering its Bahama Breeze brand nationwide this spring, impacting both Georgia locations. The Duluth restaurant will close permanently, while Kennesaw will be converted to another concept within the company's portfolio.
In a strategic shift following a challenging 2025, Six Flags announces a major overhaul of its annual pass program, granting Gold passholders access to multiple parks within designated regions at a temporarily reduced price.
As influencer incomes soar, many are leaving life-changing sums idle in checking accounts. Financial advisor Natasha Howe is stepping in, teaching a new generation of female creators how to build investment portfolios and secure their futures.
The recently enacted One Big Beautiful Bill Act marks the most significant overhaul of health savings and flexible spending accounts in years. We break down the key changes—from expanded eligibility to higher contribution limits—and what they mean for employers and employees navigating rising care costs.
The recent Bluezone trade fair in Munich highlighted pivotal shifts in global denim sourcing and a wave of fabric innovations, as the industry navigates economic pressures and evolving consumer tastes.
Lockheed Martin's stock experienced a significant rally last month, fueled by a proposed defense budget increase and robust financial forecasts. However, the surge raises questions about long-term value amid shifting government contracting policies.
The U.S. dollar found modest support Wednesday following the resolution of a partial government shutdown and amid stock market weakness. However, gains were capped by a soft private payrolls report, while longer-term concerns over fiscal policy and interest rate differentials continue to cloud the currency's outlook.
In a candid industry forecast, Volvo's outgoing CEO Håkan Samuelsson states that manufacturing efficiencies and falling battery costs will make EVs cheaper to produce than internal combustion vehicles within five years, a shift that could redefine auto market dynamics.
Nintendo reports record console sales but faces mounting pressure from rising component prices and tariffs, with President Shuntaro Furukawa signaling potential impacts on future profitability.
New NYPD data reveals a stark divergence in public safety trends: while shootings and murders hit record lows in January, antisemitic incidents nearly tripled, accounting for over half of all reported hate crimes.
A U.S. government attorney detailed to handle a surge of immigration cases in Minnesota has been removed from her assignment after telling a federal judge 'this job sucks' and citing systemic failures in complying with court orders, a Reuters source confirms.
DaVita reports resilient Q2 2025 earnings, reaffirming full-year guidance despite a significant cyber incident that impacted treatment volumes. CEO Javier Rodriguez outlines a future-focused vision leveraging AI, new drug therapies, and advanced dialysis technologies to improve patient outcomes.
Despite a recent share price dip, Fairfax Financial Holdings (TSE:FFH) has delivered staggering long-term returns for investors, with total shareholder return reaching 394% over five years. We examine the fundamentals behind the rally and what it signals for the future.
