Business

The latest updates and key developments from the business world.

December 4, 2025

BMO lifts dividend as U.S. banking overhaul shows progress

Improved credit performance drives stronger earnings BMO Financial Group reported $2.3 billion in fourth quarter profit and announced a higher dividend as improvements in its U.S. loan portfolio helped reduce provisions for

December 3, 2025

Delta says shutdown cut profit by $200 million

Longest government impasse hurt travel bookings Delta Air Lines reported that the recent U.S. government shutdown reduced its pretax profit by about $200 million, following a noticeable softening in bookings during the

December 1, 2025

Goldman Sachs to acquire Innovator Capital

Two billion dollar deal to expand ETF offerings Goldman Sachs said Monday it agreed to acquire Innovator Capital Management for about $2 billion, marking the latest move to strengthen its asset management

BYD Extends Growth in European Car Sales

by Jamie Spencer

Sales expand across the region Chinese automaker BYD continued to post higher new-car registrations in Europe last month, strengthening its position in a market that is becoming increasingly competitive. Data from the

November 26, 2025

Alphabet approaches landmark valuation threshold

by Jamie Spencer

Premarket rally pushes the tech giant higher Alphabet shares climbed sharply in premarket trading on Tuesday, setting the company up to cross the four trillion dollar valuation mark for the first time.

November 25, 2025

Kohl’s names Michael Bender as permanent CEO

by Jamie Spencer

Leadership shift aims to stabilize the retailer Kohl’s announced that Michael Bender, who has served as interim CEO since May, has been appointed permanent chief executive. The decision, effective Sunday, marks the

November 24, 2025

Major media groups submit bids for Warner Bros. Discovery

by Jamie Spencer

First-round offers target film and streaming assets Warner Bros. Discovery has received formal first-round takeover bids from Paramount Skydance, Comcast and Netflix, according to people familiar with the process. The offers were

November 21, 2025

Walmart lifts outlook on online sales and AI focus

by Jamie Spencer

Stronger quarter and higher guidance Walmart raised its full year guidance for a second time in 2025 after another solid quarter, signaling confidence ahead of the holiday season. The retailer now expects

November 20, 2025

Toyota begins battery production at new North Carolina plant

by Jamie Spencer

Toyota Motor has officially started production at its new battery facility in North Carolina, marking a major step in the company’s expansion of hybrid manufacturing in the United States. The $13.9 billion

November 13, 2025

Visa and Mastercard Reach $38 Billion Settlement

by Jamie Spencer

Visa and Mastercard have agreed to a revised $38 billion settlement with U.S. merchants after two decades of litigation over credit card fees. The new proposal seeks to resolve allegations that the

November 10, 2025

Kimberly-Clark to Acquire Kenvue in $48.7B Deal

by Jamie Spencer

Major consumer brands merge in blockbuster acquisition Kimberly-Clark announced on Monday that it will acquire consumer health company Kenvue in a $48.7 billion deal, forming one of the largest consumer staples companies

November 3, 2025

OpenAI Signs $38B AWS Deal, Breaking Microsoft Exclusivity

by Jamie Spencer

Massive AI infrastructure shift underway OpenAI has inked a $38 billion agreement with Amazon Web Services (AWS), marking a major expansion of its cloud partnerships and the end of its previous exclusivity

November 3, 2025

Amazon Cuts Jobs as It Expands AI Investment Plans

by Jamie Spencer

Job cuts come despite strong profits and rising AI investment Amazon is laying off tens of thousands of employees even as it posts strong financial results and ramps up artificial intelligence investments.

October 28, 2025

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