Elon Musk merges his space and artificial intelligence ventures, with SpaceX acquiring xAI in a deal that reshapes the competitive landscape of both industries and signals a new phase in the billionaire's grand technological ambitions.
The Walt Disney Company has named Josh D’Amaro, the architect behind its booming parks and experiences division, as its next Chief Executive Officer, concluding a closely watched succession process and underscoring the rising centrality of its physical entertainment empire.
The Walt Disney Company has announced that Josh D'Amaro, the current chairman of its massively profitable Parks, Experiences and Products division, will succeed Bob Iger as Chief Executive Officer in March 2026, marking a pivotal succession plan for the entertainment giant.
Josh D’Amaro and Dana Walden are set to receive first-year compensation packages worth approximately $38 million and $24 million respectively, as the entertainment giant formalizes its executive transition plan.
The Trump administration's failure to meet a key legal deadline for its budget submission has intensified scrutiny over the nation's fiscal trajectory, with experts warning that addressing the record debt will require politically difficult choices.
Veteran Labour figure Peter Mandelson announces his retirement from the House of Lords as the government moves to strip his title and police assess potential criminal misconduct linked to his dealings with Jeffrey Epstein.
A discounted cash flow analysis suggests Trustpilot Group's shares are trading close to their intrinsic value. We break down the model, its assumptions, and what it means for investors in the online reviews giant.
Joby Aviation secures a six-year exclusive partnership to launch its electric air taxi service in Dubai, marking its first major commercial foray outside the United States. The deal, which includes plans for a vertiport at Dubai International Airport, sets the stage for a crucial test of operational readiness and investor confidence in the evolving eVTOL sector.
As Netflix eyes a blockbuster acquisition of Warner Bros. Discovery, industry analysts warn that antitrust scrutiny, not competition from Paramount Skydance, presents the most formidable challenge to the deal's completion.
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.
Porsche's CEO is reportedly weighing the cancellation of the all-electric 718 Boxster and Cayman, a move reflecting broader industry recalibration amid cooling EV demand, high development costs, and challenges in key markets like China.
Mondelēz's Ritz brand returns to the Super Bowl with 'Ritz Island,' a tropical ad spot featuring Bowen Yang, Jon Hamm, and Scarlett Johansson, cementing its shift toward culturally savvy, humor-driven marketing aimed at younger audiences.
Prime Minister Donald Tusk announces a formal probe into potential links between the late Jeffrey Epstein and Russian intelligence services, warning of possible security implications for Poland and the broader West.
Greece is finalizing plans to prohibit children under 15 from accessing social media platforms, a senior government official confirmed. The move follows Spain's recent announcement of a similar ban for under-16s, signaling a broader European regulatory crackdown on tech giants.
Newly released emails show extensive private communications between Paul, Weiss, Rifkind, Wharton & Garrison Chairman Brad Karp and the late financier Jeffrey Epstein, including discussions of confidential matters and high-profile misconduct cases. The law firm states Karp 'regrets' the interactions.
In a move seen as a diplomatic gesture, Colombian President Gustavo Petro ordered the extradition of a major drug trafficker to the United States just hours before his first official meeting with President Donald Trump, following months of suspended extraditions and public tensions.
A major U.S. order for Finnish-made icebreakers, crucial for Arctic access, is shadowed by geopolitical tensions and President Trump's controversial interest in Greenland, raising questions about the future of the partnership.
French specialty chemicals giant Arkema has inked a strategic battery partnership and secured a top sustainability rating. Analysts are weighing whether these moves signal a transformative shift for the company's role in the EV and energy storage sectors, and if its current share price fully reflects this potential.
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.
Amid improving freight trends and a strategic shift toward air and parcel services, Expeditors International of Washington (EXPD) is poised for margin support. The logistics giant, a celebrated Dividend Aristocrat, navigates near-term rate pressures while its long-term growth narrative remains intact.
