Canada Toughens Foreign Takeover Rules in Video-Game Sector
Canada said it would toughen foreign-investment rules as they apply to the domestic video-game industry, with a focus on potential...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
The RealReal to Open New Stores in Strategic Shift
The company is looking to set up smaller sites, of a size of around 250 feet, in wealthy, but more...
Boeing in Talks to Buy Troubled Supplier Spirit AeroSystems
Spirit, the jet-fuselage supplier Boeing split off two decades ago, has been at the center of quality issues affecting 737...
Volkswagen Expects Revenue Growth to Slow This Year
Volkswagen expects revenue growth to slow this year as it faces a tough economic backdrop and increasing competition. Source link
Vista Outdoor Gets $2.9 Billion Takeover Offer
Investment firm MNC proposed buying the maker of sporting goods and ammunition for $35 a share in cash. Source link
A Warren Buffett Protégée Is on the Hunt for Small Companies. She Now Has Millions More to Spend.
Tracy Britt Cool and her partners are on the hunt for midsize businesses with a competitive edge and have raised...
Kuehne + Nagel Shares Hit After Fourth-Quarter Miss
Kuehne + Nagel shares fell sharply after it reported below-forecast fourth-quarter earnings, with one analyst noting the company’s consensus estimates...
Ryanair to Cut Schedules on Boeing Delays
Ryanair said it would make schedule cuts for the summer season after confirming it expected Boeing to deliver only 40...
Kuehne + Nagel Shares Hit as Fourth-Quarter Profits Fall
Kuehne + Nagel shares fell sharply after it reported a steep drop in fourth-quarter earnings as logistics markets normalized, with...
Disney Family Rebukes Nelson Peltz, Praises Bob Iger in Shareholder Letters
The descendants of Walt Disney and his late brother Roy O. Disney are publicly backing the company and its CEO...
Chemical Giant Chemours Suspends Top Executives, Opens Accounting Probe
The Teflon maker’s shares plunged 31% after its CEO and finance chief were put on administrative leave. Source link
EV Startup Fisker Raises Going Concern Warning After Troubled Debut
The company says it might need to secure additional financing and is in talks with a large automaker for a...
Biden Orders Probe Into Foreign Car Parts, Citing China Risks
President Biden warned that connected vehicles could collect sensitive data for foreign governments, posing a national-security risk. Source link
Anheuser-Busch, Teamsters Avert Strike With Tentative Deal
The union, which represents about 5,000 brewery workers, had threatened to strike March 1 if a deal wasn’t reached by...
Air France-KLM Misses Forecasts as Israel-Hamas War Takes Toll
Air France-KLM’s losses were worse than analysts expected for the fourth quarter after the Israel-Hamas war disrupted travel to the...
FAA Gives Boeing 90 Days to Come Up With Quality-Control Plan
The U.S. Federal Aviation Administration has asked Boeing to develop a comprehensive action plan within 90 days to address its...
New York Attorney General Sues Meatpacker JBS Over Climate Claims
The suit alleges the world’s largest meatpacker lied about its impact on the environment to win over climate-conscious customers. Source...
Wendy's Makes It Clear After Backlash: No Surge Pricing
The fast-food company says its dynamic-pricing strategy was misconstrued. Source link
Exxon Throws a Wrench in Chevron's $53 Billion Deal for Hess
The Texas oil company has said it could pre-emptively match the price Chevron offered Hess for its 30% stake in...
Boeing Efforts to Improve Safety Fall Short, FAA Panel Says
Government and industry experts have completed a review of the plane maker’s safety practices after two 737 MAX crashes. Source...
