Mondelez International merges its financial and operational command under longtime CFO Luca Zaramella, signaling a strategic push for tighter alignment between profit goals and on-the-ground execution amid market pressures.
Facing mounting pressure from rivals and U.S. pricing policies, Novo Nordisk warns of its first annual sales decline since 2017, sending its stock tumbling and forcing a strategic overhaul.
Advance Auto Parts is embarking on a sweeping operational reset, closing more than 700 stores to focus on a hub-and-spoke model while launching a revamped 'Advance Rewards' loyalty program. The moves, under CEO Shane O'Kelly, aim to sharpen competitiveness against giants like AutoZone and O'Reilly.
UBS Group's stock tumbled following a stark slowdown in net new asset growth at its key U.S. wealth management business, with executives warning of persistent challenges ahead even as the bank posts higher quarterly profit.
The Department of Homeland Security is pushing back against claims by Maryland congressional candidate David Trone that a planned ICE detention center in Hagerstown is unnecessary and that the agency engages in street executions.
New Zealand's Synlait Milk warns of a potential NZ$82 million first-half loss, sending shares tumbling across the Tasman as the dairy processor grapples with operational hangovers and weak commodity returns.
Constellation Energy solidifies its position as America's largest power producer with the Calpine acquisition, securing landmark deals to supply nuclear energy to tech giants Microsoft and Meta for their AI data centers, even as its stock faces significant near-term pressure.
A consumer's reduced credit limit on a seldom-used travel card raises questions about credit score impact and potential ripple effects across other lenders.
The U.S. Justice Department and state coalition challenge a federal judge's ruling, arguing the imposed restrictions on Google's search dominance do not go far enough to restore competition.
A significant shift is underway in the U.S. housing landscape. As inventory grows and demand moderates, homebuyers in key metropolitan areas are finding renewed negotiating power and more choices, according to a new analysis.
Elon Musk has consolidated his AI venture xAI under SpaceX in a landmark all-stock transaction, creating a combined entity valued at approximately $1.25 trillion. The strategic move is framed as a bid to pioneer cost-effective, large-scale AI computing in space, though operational integration will be limited due to regulatory constraints.
Blockchain analytics firm TRM Labs secures major funding led by Blockchain Capital and Goldman Sachs, reaching unicorn status as governments and financial institutions increasingly rely on its tools to track illicit crypto transactions.
A Seattle father's story of struggling with $100,000 in debt on a $200K salary exposes a widespread financial fragility. Personal finance experts prescribe a period of extreme austerity as a radical cure.
As tax season approaches, financial advisors are urging investors to look beyond basic filings. Strategic placement of assets, savvy use of specialized accounts, and timing transactions can significantly enhance after-tax returns over the long haul.
As Pi (PI) trades 94% below its peak, the project's core team executed a massive internal transfer of 500 million tokens in early February. This move coincides with a record monthly unlock of over 193 million Pi, creating a critical test for the struggling network's ecosystem and investor sentiment.
Early projections indicate next year's Social Security cost-of-living adjustment could be among the lowest in recent years, raising alarms about retirees' purchasing power amid persistent inflation.
Haelixa, a Swiss traceability technology firm, has raised €2 million in a pre-Series A round to fuel global expansion and enhance its DNA-marker platform for combating fraud and ensuring product authenticity in textiles, gems, and precious metals.
Medtronic has exercised its option to acquire CathWorks, the developer of the AI-powered FFRangio System, in a deal valued at $585 million. The acquisition, pending regulatory approval, aims to accelerate the transformation of coronary artery disease diagnosis and solidify Medtronic's position in the digital cath lab.
While artificial intelligence reshapes the entry-level landscape, new data reveals that advanced degrees in human-centric fields like mental health counseling and law are not only resilient but experiencing surging demand, offering a clear path for graduates navigating economic uncertainty.
The U.S. Department of Defense has entered a seven-year agreement with Raytheon to dramatically increase output of key missiles, including Tomahawk cruise missiles and air-to-air interceptors, as part of a broader push to replenish inventories and bolster the defense industrial base.
