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Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.
Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.
Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
Modifi Biosciences announced that it has been acquired by global pharmaceutical giant Merck, with a $30 million down payment.
Frontier Airlines and Spirit Airlines have renewed their yearslong on-again, off-again merger flirtation. Perhaps this time’s the charm.
Walmart announced on Tuesday that it’s introducing a new same-day delivery service for prescription medication.
DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.
A Bloomberg analysis of roughly 500 hedge funds found that patience for ESG stocks related to the energy transition has run out.
Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.
Netflix reported another stellar earnings result, featuring its biggest quarterly profits in company history.
Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.
To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.