News
Wells Fargo CEO Charles Scharf raises concerns about US wealth disparity
Following the release of the PYMNTS Intelligence report “Financial Fragility in the Middle: How Income and History Shape Consumer Risk,”...
President Lee Jae Myung speaks out against US immigration raid
South Korean President Lee Jae Myung has publicly condemned the US immigration raid on a Hyundai Motor Co. and LG...
Potbelly Corporation to be acquired by Racetrac in $566 million deal
Today, convenience-store operator RaceTrac announced that it has struck a deal to purchase Potbelly for approximately $566 million, aiming to...
JPMorgan CEO Jamie Dimon warns investors about economy ‘weakening’
Following Tuesday's Labor Department report, JPMorgan Chase CEO Jamie Dimon has confirmed that the U.S. economy is slowing down. “I think the economy...
Oracle stock jumps 28% as the company forecasts cloud revenue of $144 billion
Oracle Corporation's stock jumped 28% despite reporting an earnings and revenue miss following its announced fiscal 2026 Q1 results. The tech...
Figure Technologies set to increase IPO
Stablecoin issuer Figure Technologies is reportedly raising the target size of its initial public offering as retail investors boost demand...
Yum! Brands announces key leadership appointments under new CEO
Yum! Brands, Inc. today announced new strategic leadership appointments aimed at enhancing its enterprise capabilities and fostering long-term value creation...
Nebius announces $19.4 billion agreement with Microsoft
The Nebius Group, backed by Nvidia, has announced that it has entered into an agreement to deliver AI infrastructure to Microsoft in...
Dick’s Sporting Goods completes $2.4 billion Foot Locker acquisition
Today, Dick's Sporting Goods announced that it has finalized its acquisition of Foot Locker, Inc., in a deal worth $2.4...
China heads toward a $1.2 trillion surplus despite U.S. tariffs
The latest trade report indicates that China is expected to achieve a record trade surplus exceeding $1.2 trillion this year,...
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