Accessories retailer Claire's appoints Michelle Goad, a former Gap Inc. executive, as chief brand officer to lead its store transformation and reconnect with tween shoppers, signaling a renewed commitment to physical retail despite a scaled-back footprint.
Medtronic moves to acquire CathWorks and its AI-powered coronary artery disease diagnostic system, aiming to solidify its position in the catheterization lab and streamline treatment decisions.
Peter Mandelson, the former UK ambassador to the US and a senior Labour figure, has announced his retirement from the House of Lords as pressure mounts over his disclosed ties to the late financier and convicted sex offender Jeffrey Epstein. The move follows Prime Minister Keir Starmer's condemnation and comes as authorities on both sides of the Atlantic review potential misconduct.
Marius Borg Høiby, the son of Crown Princess Mette-Marit, has pleaded not guilty to multiple counts of rape and sexual assault as his trial begins. The case, involving 38 charges from several alleged victims, has cast a shadow over the Norwegian royal household.
Bloom Energy's solid-oxide fuel cell technology is emerging as a critical solution for powering the AI-driven data center expansion, driving record revenue and a staggering stock rally that continues into 2026.
With key regulatory constraints lifted, Wells Fargo is charting a new course focused on growth and operational discipline. As its stock shows recent momentum, analysts debate whether the market has fully priced in the bank's recovery potential.
Broadridge Financial Solutions reported robust second-quarter results, highlighted by 8% recurring revenue growth and adjusted EPS of $1.59. The financial infrastructure giant is raising its full-year EPS guidance, citing accelerating momentum in tokenization, next-generation shareholder engagement, and digital communications.
Bloom Energy secures a multi-billion dollar, multi-year agreement with American Electric Power, marking its largest commercial deal to date. The partnership promises a major rollout of Bloom's fuel cell technology but arrives as the company's stock faces intense scrutiny over its recent meteoric rise and long-term valuation.
SolarEdge Technologies has initiated exports of its U.S.-manufactured residential inverters to key European markets, marking a strategic pivot to leverage domestic production for global growth. The move, coupled with a new 'single SKU' product design, aims to streamline operations and improve margins as the company navigates a competitive landscape.
Pharmaceutical giant Eli Lilly announces a major $3.5 billion manufacturing expansion for its injectable weight loss therapies, alongside forging two new research collaborations targeting hearing loss and autoimmune diseases, as its stock continues a meteoric rise.
A significant earthquake with a preliminary magnitude of 6.0 struck central Myanmar early Tuesday, according to the German Research Center for Geosciences (GFZ). The shallow tremor, occurring at a depth of just 10 kilometers, has raised concerns about potential damage in the region.
After four days of a partial government shutdown, a deal brokered under intense White House pressure is set for a final House vote, aiming to reopen key agencies. However, a separate, contentious battle over funding for the Department of Homeland Security has been deliberately postponed, setting the stage for another political clash.
As clinical-stage biotech Alumis sees its stock price skyrocket on optimism for its autoimmune disease pipeline, one investment fund has made a contrarian move, selling its entire position just before a major rally.
FedEx expands its blended sustainable aviation fuel (SAF) program to Dallas-Fort Worth and JFK airports, part of a coast-to-coast push. The move comes as the logistics industry grapples with supply constraints and policy uncertainties that threaten broader adoption of lower-carbon alternatives.
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.
Disney's board has tapped Josh D'Amaro, the longtime executive behind its lucrative parks and experiences division, to succeed Bob Iger as CEO. The move signals a focus on operational excellence and core assets as the company navigates industry upheaval.
The Walt Disney Company has named parks chief Josh D’Amaro as its next CEO, with Dana Walden elevated to Chief Creative Officer. The long-planned succession will take effect in March 2026, marking the end of Bob Iger's storied second act.
Italian entrepreneur Marco Marchi's Exelite Group has assumed full control of the Blumarine brand via a master license, marking a pivotal restructuring. The move sets the stage for a strategic expansion, beginning with a Milan Fashion Week show and a new flagship store, as creative director David Koma aims to elevate the label's global profile.
The Walt Disney Company has announced Josh D'Amaro, the executive behind its booming parks and experiences business, will succeed Bob Iger as CEO in 2026, signaling a renewed focus on its most profitable division.
The iconic British luxury carmaker has initiated a global redundancy consultation, potentially affecting one-fifth of its employees, as it grapples with structural challenges and the impact of US tariffs.
