After Years of Going Big, American Car Buyers Are Downsizing
Sales of smaller cars and SUVs have been on the rise this year with more shoppers giving priority to affordability....
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Thousands of Amazon Workers Strike During Pre-Christmas Rush
The action comes over contract negotiations and the company’s refusal to recognize the Teamsters labor union. Source link
Dollar Tree Names Michael Creedon Jr. Permanent CEO
Dollar Tree said it has named Michael Creedon Jr. as the discount retailer’s permanent chief executive, removing the interim tag...
Roche's Parkinson's Drug Candidate Misses Key Goal in Mid-Stage Study
An experimental Parkinson’s drug missed its primary goal in a mid-stage trial, Roche said, in what is the second setback...
Lamb Weston Replaces CEO, Cuts Outlook
Lamb Weston Holdings said it was replacing its chief executive and slashing guidance again as demand for frozen potato products...
Activist Investor Widens Call for Review of Rio Tinto's Dual-Listing
Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding...
Apple Faults Meta For Software-Access Requests as EU Crackdown Looms
Apple called out Meta for seeking access to software tools that it said could compromise user privacy, a criticism that...
Energy & Utilities Roundup: Market Talk
Find insight on Fluence Energy, Rivian and more in the latest Market Talks covering Energy and Utilities. Source link
Basic Materials Roundup: Market Talk
Find insight on Kingboard Laminates, Syrah and more in the latest Market Talks covering Basic Materials. Source link
Auto & Transport Roundup: Market Talk
Find insight on Hyundai , Renault, Air Canada and more in the latest Market Talks covering Auto and Transport. Source...
Financial Services Roundup: Market Talk
Find insight on UniCredit, QBE Insurance, EFG International and more in the latest Market Talks covering Financial Services. Source link
Volkswagen and Unions Enter Fourth Day of Talks
Intensive negotiation between Volkswagen and labor leaders continue over how to proceed with cost cuts at the auto giant. Source...
The Risky Strategy Behind Nike's Massive Holiday Discounts
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners. Source link
U.K. Water Utilities Can Hike Bills by 36% Over Next Five Years, Watchdog Says
Water companies in England and Wales can raise customers’ bills over the next five years to help pay for improvements...
European Indexes Fall on Slower U.S. Rate Cut Projections
Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided,...
Sony to Raise Stake in Kadokawa, Becoming a Top Shareholder
Sony Group plans to acquire an additional stake in Japanese publishing house Kadokawa for more than $300 million to become...
Ant Group Warns Against 'False' IPO Rumors
The Chinese fintech company, co-founded by billionaire Jack Ma, said it has no plans to go public, striking back at...
Atos Completes Financial Restructuring
The beleaguered group said it reduced its gross debt by 2.1 billion euros, and it now has a more sustainable...
Sibanye-Stillwater, Franco-Nevada Sign Gold and Platinum Supply Deal
Sibanye-Stillwater said it entered into a $500 million agreement with mining royalty company Franco-Nevada for the long-term supply of gold...
The Last-Ditch Efforts to Win Over Critics of the Nippon-U.S. Steel Deal
The Japanese company continues to campaign for support from mayors, governors and especially members of the steelworkers union. Source link
