Posts

FedEx to spin off its freight trucking business

Analysts believe the spinoff could unlock up to $20 billion in shareholder value...

Stellantis Italy output falls 37% in 2024, car producti...

Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit i...

Here is our third-quarter earnings report card for 33 s...

We ranked the quarterly reports of our holdings in the Club as great, good, not-...

From Nike to Intel, CEO departures at U.S. companies hi...

CEO exits at U.S. public companies were a record in 2024 as they faced competiti...

FDA approves Eli Lilly's weight loss drug Zepbound for ...

The agency's decision expands the use of Zepbound and could potentially pave the...

Party City to close all of its stores, report says

Party City on Friday announced it will close all of its stores and has initiated...

Banking app Dave, back from the brink, is this year's b...

Dave, which makes money by extending loans to cash-strapped Americans, is emblem...

Lego is reinventing its iconic brick sets and keeping t...

The toy industry is headed for its second consecutive annual sales decline, but ...

13 anonymous media executives make predictions for the ...

Big deals dominate this year's media and entertainment predictions from 13 anony...

Nordstrom to go private in $6.25 billion deal with foun...

Nordstrom will become a private company after it agreed to a buyout deal valued ...

U.S. sues Walmart, Branch Messenger over payment accoun...

The CFPB filed a complaint Monday against Walmart and Branch Messenger for alleg...

Trump's 25% tariff could be an existential threat to Ca...

There's growing concern that potential tariffs on Canadian imports to the U.S. c...

Hundreds of American Airlines flights delayed after gli...

American Airlines briefly grounds flights nationwide citing a technical glitch.

The Juan Soto wealth effect: Soaring athlete salaries a...

Juan Soto's $765 million contract with the New York Mets highlights the unpreced...

Biggest banks sue the Federal Reserve over annual stres...

A group of banks and business groups are suing the Federal Reserve over the annu...

Ad revenue should stabilize for media companies in 2025...

Live sports and events are key to garnering ad revenue for media companies in 2025.