News
Tyson Foods overhauls management team, names new CFO
As beef profit margins are under pressure, Tyson Foods announced a major leadership team overhaul. John R. Tyson will take...
U.S. weekly jobless claims fall to five-month low
The number of Americans filing new claims for unemployment benefits fell to a five-month low last week, according to the...
Porsche shares jump after Europe’s largest IPO in over a decade
Porsche shares made a strong start on Thursday after Volkswagen listed the sports car brand at a valuation of 75...
Cineplex asks Cineworld lenders to consider U.S. merger, WSJ reports
Cineplex has approached bankrupt rival Cineworld's lenders for a potential merger with the British company's U.S. unit Regal Entertainment, according...
Bank of England steps in to stabilize bond market, restore order
The Bank of England said Wednesday it would buy UK government debt “on whatever scale is necessary” in an effort...
J&J names consumer health business Kenvue ahead of spin-off
Johnson & Johnson named its consumer business Kenvue on Wednesday, moving ahead with the company’s shake-up. The conglomerate’s unit has...
World Bank slashes economic outlook for Asia over China slowdown
China’s economic growth is behind the rest of the Asia-Pacific region for the first time in more than 30 years,...
Gas leaks from Russian pipelines to Europe raise sabotage fears
Europe is investigating leaks in two Russian gas pipelines in the Baltic Sea, rising concerns about sabotage on energy infrastructure...
Hertz, BP to install thousands of EV chargers
Hertz is teaming up with oil giant BP to build a new network of electric vehicle charging stations across the...
Scotiabank names Scott Thomson to succeed retiring CEO Brian Porter
Scotiabank announced CEO Brian Porter is retiring and named Scott Thomson as his replacement, effective January 31, 2023. Thomson is...
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