CEO departures at U.S. companies hit a record this year
Retired, ousted, or poached, CEOs have been making their way out this year. U.S. public companies have reported 327 chief…
Category: Business
CNN announces about 200 layoffs as it attempts to modernize business
Warner Bros. Discovery’s CNN has announced a reduction of approximately 6% of its workforce, equivalent to around 210 employees, as…
Online holiday spending rises nearly 9%, fueled by deals and AI-powered chatbots, Adobe data says
Online spending during the holiday season increased by 8.7% compared to the previous year, as per data from Adobe Analytics.…
Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta
In this article, airlines canceled more than 3,000 flights on Friday due to a massive winter storm causing travel disruptions…
Here’s what Trump’s tariff threats look like on the ground in China
As President Donald Trump threatens to impose his first tranche of tariffs on the world Saturday, Chinese manufacturers are bracing…
Ulta Beauty names new CEO, raises outlook for holiday quarter
Ulta Beauty CEO Dave Kimbell is retiring, and the company announced that the retailer’s chief operating officer, Kecia Steelman, will…
Disney to combine its Hulu+ Live TV with streamer Fubo
In this article, Disney and Fubo have announced a merger that will combine Disney’s Hulu+ Live TV service with Fubo,…
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
In this article, Morgan Stanley exceeded estimates for fourth-quarter earnings and revenue as its equities and fixed income traders performed…
Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump
In this article, Stellantis Chairman John Elkann discussed various upcoming plans for U.S. investments during a meeting with President Donald…