McCormick Strikes $45 Billion Unilever Foods Deal
McCormick has agreed to buy most of Unilever’s food business in a transaction that values the unit at nearly $45 billion, marking one of the biggest reshaping moves in the packaged food
JetBlue Raises Bag Fees as Fuel Costs Jump
JetBlue Airways is increasing checked baggage fees as fuel prices surge in the wake of the war involving Iran, adding another sign that higher energy costs are beginning to reach U.S. travelers
Netflix Lifts Prices Across All Plans
Streaming leader raises monthly rates again Netflix has increased prices across its U.S. subscription lineup, pushing monthly costs higher for every main plan as the company leans on pricing power to support
Ford Recalls 133,000 Lincoln Aviators Over Loose Parts
Rear door trim may detach, increasing crash risk Ford is recalling 132,914 Lincoln Aviator SUVs in the United States due to a defect that could cause rear door window bars and trim
Kroger to Close 60 Stores Amid Strategic Restructuring
Closures follow failed merger with Albertsons Kroger announced Friday it will shut down around 5% of its grocery stores—approximately 60 locations—over the next 18 months. The move comes after the collapse of
Meta’s AI Talent War Heats Up With New High-Profile Hires
Zuckerberg brings on Gross and Friedman after failed Safe Superintelligence bid Meta CEO Mark Zuckerberg has escalated his multibillion-dollar AI hiring spree by securing two major figures in the artificial intelligence world:
Honda Recalls Over 259,000 Vehicles for Brake Pedal Defect
Defective pivot pin may impact braking and increase crash risk Honda is recalling 259,000+ vehicles in the United States due to a potentially dangerous brake pedal defect. According to the National Highway
Amazon Orders Employee Relocations Amid AI Job Fears
Thousands may be forced to move or resign as company tightens operations Amazon has begun quietly requiring corporate employees to relocate closer to their managers and teams, according to sources familiar with
Air India Cuts 15% of International Flights
Service reduced amid crash aftermath and Middle East tensions Air India announced on Wednesday it will cut 15% of its international widebody flights starting June 20, citing operational challenges following a fatal
Amazon to Shrink Corporate Staff as AI Use Grows
CEO Jassy says efficiency gains from AI will reshape workforce Amazon CEO Andy Jassy expects generative artificial intelligence to gradually reduce the company’s corporate workforce in the coming years, as the e-commerce
Rolls-Royce Eyes Return to Narrow-Body Jet Market
CEO Confirms Renewed Focus on Single-Aisle Segment Rolls-Royce is actively pursuing a re-entry into the narrow-body jet engine market, according to CEO Tufan Erginbilgic. Speaking at the Paris Airshow, Erginbilgic reiterated that
Amazon Pledges $20B for AI Data Centers in Australia
Amazon has announced a major expansion of its data center infrastructure in Australia, committing A$20 billion ($12.97 billion) from 2025 to 2029. The investment marks Amazon’s largest global technology initiative in Australia,
Tesla Faces Declining Sales and Rising Competition
New data reveals that Tesla’s sales troubles are no longer confined to overseas markets but have now spread to the US. Tesla’s EV registrations fell sharply in April, while competitors like General