News
Starbucks CEO announces $1 billion restructuring plan
Today, Starbucks CEO Brian Niccol revealed his company's $1 billion restructuring plan as part of its ongoing “Back to Starbucks”...
Trump to sign executive order on TikTok deal
A White House official has reported that President Trump is expected to sign an executive order on Thursday to help...
Micron beats forecasts as AI drives chip sales
Micron Technology announced its fiscal fourth quarter and full year 2025 results, exceeding Wall Street estimates. The company’s performance was...
LEGO acquires Merlin Discovery Centres for $270 million
Today, Danish toy manufacturer Lego announced it will buy 29 discovery centres from Merlin Entertainments in a $269.5 million deal....
OpenAI to expand partnership with SoftBank and Oracle
Today, OpenAI announced its plans to build five new U.S. AI data centers in partnership with SoftBank and Oracle. The...
US business activity continues to slow in September
According to S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, U.S. business activity...
Spirit Airlines furloughs 1,800 flight attendants
Spirit Airlines has sent a memo to staff stating that the company plans to furlough about 1,800 flight attendants, roughly...
The ODP Corporation to be acquired by Atlas Holdings
The ODP Corporation, which owns Office Depot and OfficeMax, today announced that it has entered into a definitive agreement to...
Pfizer to acquire Metsera in $7.3 billion deal
Pfizer Inc. and Metsera, Inc. have announced a definitive agreement under which Pfizer will acquire Metsera for up to $7.3...
FTC sues Ticketmaster and Live Nation
The U.S. Federal Trade Commission along with seven states have filed a lawsuit against Live Nation and its subsidiary Ticketmaster,...
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