Nike Warns of More Sales Pressure Ahead
Nike shares fell sharply in extended trading after the company warned that sales are expected to decline through the rest of the calendar year, with China emerging as the biggest drag on
McCormick Strikes $45 Billion Unilever Foods Deal
McCormick has agreed to buy most of Unilever’s food business in a
Bond Markets Reel as War Fuels Inflation Fears
Global government bond markets are heading toward their steepest monthly decline in
JetBlue Raises Bag Fees as Fuel Costs Jump
JetBlue Airways is increasing checked baggage fees as fuel prices surge in
Google Warns on Quantum Encryption Risk
Tech groups face a shorter security timeline Google is urging banks, governments
Trump files $5bn lawsuit against JPMorgan and Dimon
Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of
Natural gas prices jump as Arctic cold grips the U.S.
Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense
UK court backs regulator on cross-border card fee caps
Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s
U.S. Holiday Retail Sales Rise as Shoppers Seek Deals
Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting
RBC boosts dividend as record results fuel global ambitions
Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board
Business
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
Meta layoffs clash with massive exec pay plan
Job cuts and billion-dollar incentives highlight a company in transition toward artificial
Meta faces legal blows as pressure builds
Two courtroom defeats deepen scrutiny of the company’s platforms just as investors
Amex adds ChatGPT credit to business cards
New perk could be useful, but only for firms already paying for
UBS struggles to steady its US wealth business
Asset outflows and adviser losses cloud a key turnaround effort UBS is
Nvidia Moves to Restart China H200 Shipments
Jensen Huang says manufacturing is being switched back on Nvidia is preparing
Lucid Targets Positive Cash Flow Later This Decade
Lucid Group told investors it expects to reach positive cash flow later
Arm breaks with its old model through a new AI chip
New processor marks a break from the company’s old licensing-only model Arm Holdings has taken a major strategic step by unveiling a new artificial intelligence processor for data centers, a move that
Google Scraps AI Health Tips Feature
Google scraps What People Suggest, an AI search feature that surfaced crowdsourced
Meta Buys Moltbook, Adds AI Agent Founders
Deal Moves Moltbook Leaders Into Superintelligence Labs Meta has acquired Moltbook, a
Microsoft Adds Anthropic to Copilot Agent Push
Copilot Cowork Targets Autonomous Agent Demand Microsoft said it is integrating Anthropic
NRC clears TerraPower reactor in Wyoming, a first for HALEU
Approval revives U.S. licensing pipeline after long pause The U.S. nuclear regulator
Euro zone stalls as energy shock bites
Business surveys show war-driven cost pressure is already hitting activity Private sector growth in the euro zone nearly stalled in March, adding to signs that the war in the Middle East is
Bank of England Holds as Iran War Clouds Outlook
Markets shift from rate-cut hopes to fears of tighter policy The Bank of England has left interest rates unchanged, but
US Diesel Tops $5 as Oil Shock Hits Economy
Fuel surge raises pressure on freight and consumer costs Diesel prices in the United States have climbed above $5 a
RBA Lifts Rates Again as Inflation Stays Sticky
Second straight move takes policy setting to 4.1% Australia’s central bank has lifted interest rates for a second consecutive meeting,
Oil Near $100 Sends Global Stocks Lower
Global equities fell on Thursday as global stocks fall oil near $100 became the market’s dominant theme. Traders reacted to