Category: business
Kraft Heinz Names Steve Cahillane CEO Ahead of Planned Breakup
Kraft Heinz has named former Kellanova CEO Steve Cahillane as its next chief executive, signaling a decisive step toward its planned breakup into two publicly traded companies in 2026.
American Eagle Stock Jumps as Retailer Lifts Holiday Forecast
American Eagle posted stronger-than-expected Q3 earnings and raised its full-year outlook after a record-breaking Thanksgiving weekend. While Aerie drove most of the gains, new marketing campaigns featuring Sydney Sweeney and Travis Kelce helped boost brand visibility heading into a highly anticipated holiday quarter.
Airbus Narrows A320 Software Crisis as Airlines Complete
Airbus has rapidly contained a major A320 software issue linked to a JetBlue incident, completing emergency fixes across global fleets with minimal travel disruption.
Spotify to Raise U.S. Prices in Early 2026 as Profit Push Intensifies
Spotify will raise U.S. subscription prices in early 2026, aiming to strengthen profitability amid slowing industry growth and an upcoming CEO transition.
Larvotto Resources Rejects $373 Million U.S. Takeover Offer, Calling It Undervalued
Key Highlights Introduction: Larvotto Pushes Back Against U.S. Takeover Bid Australian diversified miner Larvotto Resourcesannounced it has rejected a takeover proposal from U.S.-based United States Antimony Corporation (USAC), asserting that the indicative offer “materially undervalues” the company. The proposal, received last week, valued Larvotto at A$722.9 million ($469.7 million) based on USAC’s five-day volume-weighted average
Strong Financial Growth for Grupo Televisa Under Alfonso de Angoitia and Bernardo Gómez
Grupo Televisa reported strong financial performance for Q3 2025, with revenues reaching 14.6 billion pesos. Under the strategic leadership of Alfonso de Angoitia and Bernardo Gómez, the company continues to strengthen its position in telecommunications and content production across Mexico and Latin America.
Why Japan Might Surprise the World in 2024
For years, Japan has been labeled a nation in decline. Yet economic strategist Ryoji Musha believes the world underestimates Japan’s potential. In an exclusive interview, he outlines why demographics are not destiny, how AI could reshape labor, and why the Nikkei may one day surpass 100,000 points.
Verizon names former PayPal boss Dan Schulman as new CEO
Verizon Communications has appointed Dan Schulman, the former PayPal CEO, as its new chief executive officer, effective immediately.
Hans Vestberg, the outgoing CEO, will serve as a special advisor to ensure a smooth transition and will remain on the board of directors until the 2026 annual meeting.
Google and Apple Dodge an Antitrust Bullet: Key Insights
In a landmark decision, Judge Amit Mehta ruled against breaking up Google, citing the transformative influence of artificial intelligence. The ruling highlights how generative AI, once seen as a threat to Google’s dominance, has ironically become its legal shield.
How President Trump reignites trade tensions with tariffs
President Trump is weighing tariffs on foreign electronics based on their semiconductor content while pressing Taiwan to shift half of its U.S. chip supply to domestic plants. The move could reshape global tech supply chains, drive up consumer prices, and test U.S.–Taiwan relations.