Category: Business
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McDonald’s Sued Over Latino Scholarships, One Week After Retreating on Diversity
Activist Edward Blum, who challenged affirmative action, has set his sights on college aid.
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Luxury Sector Is Coming Off a Period of Strong Growth
The luxury sector faces a significant slowdown this year as its growth-driving engines have stalled, especially in China.
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Sonos Says CEO Patrick Spence Is Stepping Down
Sonos Chief Executive Patrick Spence is stepping down, ending an eight-year stint as its leader as the company recovers from a botched app launch that hurt its brand.
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Moderna 2025 Revenue Guidance Below Estimates
The biotech company said it anticipates between $1.5 billion and $2.5 billion in revenue this year, below Wall Street expectations of $2.9 billion.
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Financial Services Roundup: Market Talk
Find insight on U.K. bonds, BBVA and more in the latest Market Talks covering Financial Services.
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Energy & Utilities Roundup: Market Talk
Find insight on Shell, Galp, Techtronic Industries and more in the latest Market Talks covering Energy and Utilities.
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Auto & Transport Roundup: Market Talk
Read about CN Rail, Mercedes-Benz, BYD and more in the latest Market Talks covering the Auto and Transport sector.
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Brunello Cucinelli Sees Robust Growth in Coming Years Despite Luxury Slowdown
The company said it benefits from ultra-high net worth clients, who continued to indulge in luxury shopping even as a tough macroeconomic environment hit less affluent customers.
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Basic Materials Roundup: Market Talk
Read about Glencore, gold prices, IGO and more in the latest Market Talks covering Basic Materials.
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Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
An offer is probably months away from happening.