German chipmaker Infineon Technologies AG has agreed to acquire a significant portion of ams Osram's sensor business for €570 million, a strategic move set to enhance its offerings in automotive, industrial, and medical markets and add an estimated €230 million in revenue by 2026.
A class-action lawsuit alleges Costco misled consumers by advertising its popular rotisserie chicken as preservative-free while it contained shelf-life-extending additives, prompting the retailer to remove the claims.
HSBC has warned a London bankruptcy court that the sale of a Swiss retreat by the Barclay brothers could signal an attempt to shield assets from creditors, as the bank pushes for a swift resolution to recover £140m in personally guaranteed debts.
Following a historic single-day market cap loss, investors are questioning Microsoft's massive AI spending. We analyze whether the sell-off is a market overreaction or a sign of deeper challenges.
The blockbuster all-stock merger between Devon Energy and Coterra Energy forms a dominant force in the prolific Delaware Basin, ranking among the largest upstream deals of the decade and reshaping the U.S. shale landscape.
The U.S. Equal Employment Opportunity Commission has rescinded its comprehensive 2024 harassment guidance, creating significant uncertainty for employers. Legal experts warn that despite the rollback, core legal protections remain, forcing companies into a delicate balancing act between competing rights.
While major brands dominate tax season marketing, a lesser-known platform is gaining traction by offering the same final IRS outcome for complex returns at nearly 92% lower cost, challenging the notion that robust tax software must come with a premium price tag.
Oracle's massive new fundraising effort to build AI data centers exposes a fundamental tension: it's spending like a cloud titan but carries the financial profile and investor expectations of its legacy software roots.
The arrest of former President Nicolás Maduro has opened a potential pathway for Western oil firms to re-enter Venezuela's vast energy sector. ConocoPhillips, with billions in unresolved claims, is now carefully weighing the risks and rewards of a possible return, as the U.S. government encourages engagement.
Payments are now reaching eligible Apple users as part of a major class-action settlement over allegations that Siri recorded private conversations without consent. Here are the details on eligibility and distribution.
Missouri Governor Mike Kehoe proposes eliminating the state income tax, a move hailed as pro-growth but which critics warn could shift a heavy compliance burden onto local businesses through an expanded sales tax on digital services.
A deep dive by Jefferies analyst Brent Thill argues Amazon's stock is trading at a historic discount, presenting a compelling buy opportunity ahead of earnings, driven by AWS reacceleration, robust retail execution, and surging AI engagement.
Crude oil and gasoline futures reversed early losses to trade higher Wednesday, buoyed by a weaker U.S. dollar and persistent geopolitical risks in the Middle East. Gains were tempered by hopes for diplomatic talks and increased supply from Venezuela.
Spain announces a landmark ban on social media access for children under 16, coupled with stringent new measures to hold platforms and executives legally accountable for harmful content.
Court-appointed receiver Phillip Young warns that returning control of insolvent whiskey brand Uncle Nearest to founder Fawn Weaver would trigger immediate foreclosure by lender Farm Credit and a wave of lawsuits, jeopardizing the future of the historically significant brand.
The storied Chicago-style pizza chain Uno Pizzeria & Grill, founded in 1943, has dramatically contracted from over 150 to just 36 locations nationwide. Recent abrupt closures in Massachusetts highlight the intense pressures facing mid-tier casual dining.
As major indices surge, speculative capital is flowing into penny stocks. We analyze three micro-cap companies—a regional bank, a biofuel producer, and a domain registrar—to assess their potential and pitfalls in the current rally.
FMG's latest strategic acquisition integrates compliant client feedback and reputation management tools directly into its platform, aiming to enhance financial advisors' visibility in local and AI-powered search results.
The iconic outdoor apparel retailer Eddie Bauer is closing its remaining brick-and-mortar locations across the United States as part of a bankruptcy restructuring, shifting its future focus to e-commerce, manufacturing, and brand licensing through a new partnership.
Oracle is preparing a massive capital raise of up to $50 billion to fuel its AI and cloud infrastructure expansion, alongside potential large-scale job cuts and a strategic review of its Cerner healthcare unit, marking a pivotal moment in its competition with cloud giants.
