Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.
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Bausch + Lomb has stirred up significant interest from the pair of private equity giants, TPG and Blackstone.
Executives believe the market for electric vehicles is about to see a rebound in demand as prices come down.
Boeing announced 17,000 layoffs, a delay to the launch of its 777X passenger jet, and billions in charges related to ongoing strikes.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.
As the takeover bid from Couche-Tard heats up, Seven & i Holdings announced a plan to split its business in two.
IBM may want to use household appliances to track users and time ads.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
Rio Tinto announced plans to acquire US lithium miner Arcadium for $6.7 billion, making it the world’s third-largest lithium miner.
Obesity drugmaker Rivus is working with banks to complete a US public listing that could happen before the end of the year.
Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.
To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.
The company plans to seek regulatory approval for the revolutionary weight loss treatment by the end of the year.