Shari Redstone is playing M&A war games with removal of Paramount CEO Bob Bakish
Paramount Global is set to remove Bob Bakish as CEO on Monday, putting shareholders to the test on how they want to see the company proceed.
Nvidia set to capture billions as Microsoft, Google and Meta boost AI spending
Much like the California gold rush, equipment makers like Nvidia will ultimately win the day.
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.
Spotify reports record quarterly profit after a year marked by deep layoffs and activist attention
Spotify beat expectations on the top and bottom lines when it reported quarterly earnings Tuesday, after a year of activist investor scrutiny and cost-cutting.
American Express profits jump 34%, helped by jump in new customers, higher spending
Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards
Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding
Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.
Johnson & Johnson tops quarterly profit estimates as medical device sales jump
The company is benefiting from a rebound in demand for nonurgent surgeries among older adults, who deferred those procedures during the Covid pandemic.
Salesforce drops after reports it is in talks to acquire Informatica
Salesforce stock fell Monday after reports that the cloud software company is in advanced talks to buy data-management firm Informatica.
BP's EV charging arm cuts jobs, reduces global ambitions: Reuters
BP Pulse reduced the number of countries it operates in from 12 to four in recent months, focusing now on the United States, Britain, Germany and China.
Cambridge branch among 11 Ted Baker stores to close
Administrators have announced they are to close 11 branches of Ted Baker in the UK
Disney's Iger says Peltz proxy battle was a 'distraction,' board is focused on picking his successor
Disney CEO Bob Iger called Nelson Peltz's proxy battle with the company a "distraction" and said the company's board is focused on succession planning.
Target limits self-checkout for customers with 10 items or fewer
The change went into effect starting March 17, 2023.
