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World

Lord Mandelson Resigns from House of Lords Amid Deepening Epstein Scandal

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.

Business

AMETEK Caps Record Year with Strong Q4, Eyes Strategic Growth Through Acquisitions and Innovation

AMETEK reported robust fourth-quarter and full-year 2025 results, setting new records across key financial metrics. The diversified technology manufacturer highlighted double-digit sales and order growth, significant margin expansion, and a record backlog. The company also announced the acquisition of LKC Technologies and provided an optimistic outlook for 2026, underpinned by a disciplined capital deployment strategy and a focus on high-value niche markets.

Business

Target's Stock Slump: A Buying Opportunity or a Retail Trap?

Target's shares have tumbled over 14% in the past year, lagging behind peers and raising questions about its valuation. A deep dive into cash flow and earnings multiples suggests the big-box retailer may be significantly undervalued, but the broader challenges facing the sector remain.

Business

Leadership Crossroads: The High-Stakes Search for 7-Eleven's Next CEO

As 7-Eleven prepares for a pivotal North American IPO, the hunt for a new chief executive intensifies. The successor must navigate profitability challenges and steer the iconic convenience chain into its next era. Industry insiders are closely watching a mix of internal veterans and external contenders for the top job.

Washington Braces for Vote to End Partial Shutdown, But Homeland Security Fight Looms

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.

Business

From Iger to D'Amaro: The Tumultuous Path to Disney's New CEO

After years of high-stakes drama, false starts, and a brief, turbulent reign, The Walt Disney Company has finally named its next leader. Theme parks chief Josh D'Amaro is set to take the helm, marking the end of Bob Iger's prolonged and interrupted exit and opening a new chapter for the entertainment giant.