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
Disney’s $67 Billion National Economic Impact Report
For decades, Disney’s domestic theme parks have driven tourism, job creation, and tax revenue in Southern California and Central Florida. On Thursday, the company revealed its broader impact on the U.S., reporting
Kimberly-Clark Partners with Suzano in Tissue Business
Kimberly-Clark (KMB) announced on Thursday a partnership with Brazilian pulp and paper producer Suzano (SUZ) to jointly manage Kimberly-Clark’s international tissue and paper products business. Under the terms of the agreement, Kimberly-Clark
P&G to Cut 7,000 Jobs in Restructuring Amid Trade Challenges
Procter & Gamble (P&G) announced plans to cut 7,000 jobs, or 15% of its non-manufacturing workforce, as part of a broader two-year restructuring program. This move comes as the company faces rising
Citigroup Ends Firearm Banking Restrictions After Seven Years
Citigroup has announced the end of a policy that had restricted how it provided banking services to firearm manufacturers, sellers, and resellers. The decision marks the conclusion of a seven-year policy introduced
Akio Toyoda Leads $33 Billion Buyout of Toyota Industries
In a strategic move to strengthen the Toyoda family’s control over Japan’s biggest business empire, Akio Toyoda, chairman of Toyota Motor Corp., is leading a group that has agreed to privatize Toyota
Meta and Constellation Energy Secure Long-Term Nuclear Deal
Meta Platforms has announced its first deal with a nuclear power plant, agreeing to partner with Constellation Energy to keep its Illinois-based Clinton Clean Energy Center operating for another 20 years. The
New U.S. Export Restrictions Target China, Raising Concerns
The United States has imposed new export restrictions on companies, preventing them from shipping certain products to China without a license. This move, which includes products like electronic design automation (EDA) software,
Best Buy Slashes Guidance as Tariffs Weigh on Earnings
Best Buy (BBY) investors woke up to disappointing news on Thursday as the retailer reported mixed earnings and lowered its forecast for 2025, citing the ongoing impact of tariffs. Shares plunged nearly
Citi Increases Dell Target to $128, Keeps Buy Rating
Citi analyst Asiya Merchant recently increased the price target for Dell Technologies Inc. (NYSE: DELL) to $128 from $105, while maintaining a Buy rating on the stock. This adjustment is part of
Gap Faces $300 Million Hit from Trump’s Tariffs
Gap announced Thursday that the tariffs imposed by President Donald Trump on China and other countries will cost the retailer between $250 million and $300 million this year. The company, which owns