News
Intel signs $30 billion partnership with Brookfield
Intel and Canada´s Brookfield Asset Management agreed to jointly fund up to $30 billion for the U.S. chipmaker's leading-edge chip...
Twitter whistleblower alleges execs misled board and public
Twitter misled federal regulators about its defenses against hackers and spam accounts, according to a Twitter whistleblower. The complaints were...
Berkshire Hathaway gets permission to buy 50% of Occidental stake
The Federal Energy Regulatory Commission gave Warren Buffett’s Berkshire Hathaway permission to buy up to 50% of oil company Occidental...
Adidas says CEO Kasper Rorsted to step down in 2023
Adidas CEO Kasper Rorsted will step down before his contract is due to run out, the German sporting goods maker...
AMC shares plunge 30% after Cineworld’s bankruptcy warning
Shares of theater chain AMC plunged on Monday as rival Cineworld warned of potential bankruptcy. AMC shares were down 30%...
GM restores quarterly dividend after more than two years
General Motors said on Friday it would reinstate quarterly dividend payouts. The automaker had suspended dividend payments and share buybacks...
Foot Locker names Mary Dillon as next CEO, Dick Johnson to retire
Foot Locker has appointed Mary Dillon as its CEO replacing Richard Johnson, the company announced on Friday. Dillon will take...
Bed Bath & Beyond shares sink 40% after Ryan Cohen completes sale
Billionaire investor Ryan Cohen exited his position in Bed Bath & Beyond plunging the troubled retailer’s stock 40%. According to...
Amazon accuses FTC of harassing Jeff Bezos and CEO Andy Jassy
Amazon accused the Federal Trade Commission of harassing founder Jeff Bezos and CEO Andy Jassy. The e commerce giant is...
U.S. existing home sales fall for sixth straight month
Previously owned homes sales fell to a two-year low in July compared with June, according to the National Association of...
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