Business - Page 6

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

Netflix Earnings Set to Test Valuation Hype

by Jamie Spencer

Revenue and Profit Expected to Show Strong Growth Netflix is scheduled to release its second-quarter earnings report after market close on Thursday, amid high expectations and a 40% year-to-date stock rally. Wall

July 16, 2025

ASML Forecasts Uncertain 2026 Despite Q2 Beat

by Jamie Spencer

Revenue and Profit Beat Expectations in Second Quarter ASML reported stronger-than-expected results for the second quarter, surpassing analyst estimates in both revenue and profit. The Dutch semiconductor equipment maker posted net sales

July 16, 2025

Nissan to Shut Down Historic Oppama Plant by 2028

by Jamie Spencer

Production Shifts to Kyushu Amid Major Cost-Cutting Plan Nissan Motor Corp. announced it will shut down its iconic Oppama plant in Kanagawa Prefecture by the end of the 2027 fiscal year, with

July 15, 2025

Starbucks Expands Office Mandate to Four Days a Week

by Jamie Spencer

Corporate Staff Face October Return or Exit Offer Starbucks has informed its corporate workforce that they will be required to return to the office four days per week starting in October. The

July 14, 2025

Indeed and Glassdoor Cut 1,300 Jobs Amid AI Shift

by Jamie Spencer

Recruit Holdings Moves Toward AI-Driven Operations Recruit Holdings, the Japanese parent company of job platforms Indeed and Glassdoor, is laying off around 1,300 employees as it accelerates its adoption of artificial intelligence.

July 11, 2025

Kraft Heinz Plans $20B Grocery Business Spinoff

by Jamie Spencer

Strategic Move Aims to Unlock Shareholder Value Kraft Heinz is preparing to spin off a significant portion of its grocery business, potentially creating a standalone entity worth up to $20 billion, according

July 11, 2025

MP Materials Soars After Pentagon Rare Earths Deal

by Jamie Spencer

U.S. backs domestic magnet supply with $400M investment MP Materials announced a landmark agreement with the U.S. Department of Defense (DoD) on Thursday to significantly expand domestic production of rare earth minerals.

July 10, 2025

Ferrero Buys WK Kellogg in $3.1 Billion Mega Deal

by Jamie Spencer

Iconic cereal and candy brands unite amid inflation pressure Ferrero, the Italian confectionery giant behind Nutella and Ferrero Rocher, has struck a $3.1 billion deal to acquire WK Kellogg, the legacy cereal

July 10, 2025

Tesla Faces Deepening Crisis Amid Musk’s Political Turn

by Jamie Spencer

Slowing sales, profit threats, and political backlash hit hard Tesla is facing one of its most precarious moments in years, as financial pressures mount and CEO Elon Musk’s political involvement adds a

July 9, 2025

Apple Promotes Sabih Khan to Chief Operating Officer

by Jamie Spencer

30-year veteran to succeed Jeff Williams in key leadership role Apple has named Sabih Khan as its new chief operating officer, marking a key leadership shift within the company’s senior executive team.

July 9, 2025

Previous 1 … 4 5 6 7 8 … 33 Next

Suggestions

Business - Page 6