News Around the Globe
By Zilber The chief executive of German automaker Mercedes-Benz reportedly rebuffed the Trump administration’s offer to relocate company headquarters to the United States. Ola Källenius told German-language publication The Pioneer …
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By Elisa Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with …
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By Fickenscher A major legal battle is underway between Amazon and Saks Global, with the e-commerce giant vowing to use “all available legal remedies” to recover $475 million it claims …
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By Zilber X appeared to suffer a widespread outage on Friday morning as users across the US took to Downdetector and reported problems posting, loading feeds and refreshing timelines. Reports …
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By Elisa Meta Platforms said it struck 20-year agreements to buy power from three Vistra nuclear plants in the US heartland and develop projects with two companies hoping to build …
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By Herzlich Saks Global Enterprises – which owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, …
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By Herzlich Nestle has issued a global recall of its SMA baby formula and follow-on formula over potential contamination with cereulide bacteria, which can cause persistent vomiting and diarrhea. The …
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By Elisa Nvidia CEO Jensen Huang said the company’s next generation of chips is in “full production,” saying they can deliver five times the artificial-intelligence computing of the company’s previous …
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By Elisa Trump Media & Technology Group said it will distribute a new digital token to its shareholders, deepening its push into digital assets as policy support for cryptocurrencies builds …
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By Zilber Michael Burry has denied taking a short position on Tesla – telling social media users on Wednesday that he isn’t betting against the electric vehicle giant’s stock even …
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By Fickenscher Lululemon Athletica’s founder has launched a proxy battle to revamp the struggling yoga clothing retailer’s board as the directors search for a new CEO. Chip Wilson, Lululemon’s second-largest …
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By Zilber AARP has agreed to pay $12.5 million to settle a class-action lawsuit accusing the powerful seniors group of illegally sharing members’ video-viewing data with Facebook – potentially putting …
Read More By Zilber A longtime Saks Fifth Avenue stylist who built his career dressing members of Boston’s wealthy elite was accused of exploiting a client later diagnosed with dementia – charging …
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By Elisa Apple chief Tim Cook bought shares worth about $3 million in Nike, a move that nearly doubled his personal stake in the sportswear maker and signaled confidence in the turnaround strategy laid out by …
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By Blair Australian Prime Minister Anthony Albanese was greeted with boos, jeers, and cries of “blood on your hands” as he arrived at a memorial for last week’s terrorist attack …
Read More By Zilber Nike stock plunged nearly 10% after the sneaker giant reported sliding profits due to an anticipated $1.5 billion hit from tariffs as well as a slowdown in China. …
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By Barrabi SpaceX will reportedly begin hearing pitches from investment banks as it weighs a historic IPO that has the potential to make Elon Musk the world’s first trillionaire. The …
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By Zilber Disney CEO Bob Iger raised red flags about the prospect of Netflix acquiring Warner Bros. Discovery’s streaming and studio assets, warning that the deal could hand the streaming …
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By Barrabi Laura Loomer ripped fellow Trump ally and Newsmax CEO Chris Ruddy as a “selfish leftist” for vocally criticizing the proposed Nexstar Media-Tegna merger. Ruddy has led a campaign …
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By Herzlich China is set to limit access to Nvidia’s advanced H200 chips – even after President Trump said the US chipmaker could resume exports to Beijing, according to a …
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