News
Samsung operating profit plunges in Q3
On Wednesday, technology giant Samsung announced its operating profit dropped by 78% in the company’s third financial quarter. The company’s...
PepsiCo outearns analysts’ Q3 predictions
On Tuesday, beverage manufacturer PepsiCo announced that it had beaten Wall Street’s third financial quarter revenue and earnings estimates. Pepsi...
Birkenstock sets IPO price at $46 per share
German shoe manufacturer Birkenstock has set the price of its initial public offering at $46 per share, the company announced...
Walgreens taps Tim Wentworth as CEO
On Tuesday, Walgreens Boots Alliance announced it has chosen experienced healthcare executive Tim Wentworth as its new CEO. Wentworth previously...
NBA may shake up media with upcoming rights deal
As the National Basketball Association approaches its once-per-decade media rights deal, the NBA’s choice could have a major effect on...
WGA approves new deal with Hollywood studios
On Monday, the Writers Guild of America near-unanimously approved a new three-year contract with Hollywood studios. According to the WGA,...
Cruise prices surge from post-pandemic travel demand
With consumers across the globe eager to travel following the end of Covid-19 pandemic border restrictions, major cruise companies are...
Thousands of UAW workers join strike following Mack contract rejection
According to the United Auto Workers labor union, 4,000 UAW members have joined the union’s ongoing strike following the rejection...
Rolls-Royce CEO retires after 14 years
Luxury car brand Rolls-Royce’s CEO Torsten Muller-Otvos is retiring from his role at the company after 14 years at its...
Delta set to settle class action refund suit
U.S. airline Delta Air Lines is set to pay out tens of millions of dollars in a class action suit...
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