Category: Business
-
IAC to Spin Off Stake in Angi, Longtime CEO to Step Down
Angi CEO Jeff Kip will continue to head the company as IAC’s 10th fully independent company, IAC said.
-
Hanging Out at Starbucks? You Now Need to Order Something
The coffee giant is reversing a policy that had allowed open access to its cafes, in a push to improve store environments.
-
Retail Stocks Drop Amid Investors’ Concerns Over Ability to Post Growth in 2025
Shares of retail stocks sank after companies including Abercrombie & Fitch, Macy’s and Urban Outfitters provided updates on their holiday performance and outlooks that disappointed investors for the year ahead.
-
Johnson & Johnson to Acquire Intra-Cellular in $15 Billion Deal
Pharmaceutical giants have recently shown new enthusiasm for mental-health treatments with vast but unrealized promise.
-
Americans Are Tipping Less Than They Have in Years
Frustration with rising menu prices and ubiquitous tip prompts lead to a six-year low.
-
Fox Must Face Smartmatic’s Defamation Lawsuit, Appeals Court Rules
The voting-machine company seeks billions in damages.
-
Holcim Names Chairman Jan Jenisch as CEO of Planned North American Spinoff
The building materials company appointed Jenisch to lead the spinoff, with Kim Fausing proposed to succeed him as Holcim’s chairman.
-
The CEOs Who Are Tearing Up the Policies Trump Hates
Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; ‘EVERYBODY WANTS TO BE MY FRIEND!!!’
-
Vodafone Sells Remaining 3% Share in Indus Towers
The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.
-
Bang & Olufsen Confirms Guidance
The consumer-electronics company maintained its full-year guidance and said it is now ready to accelerate its strategic plan to drive profitable growth.