Category: business
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.
Exciting news: Volkswagen unveils compact electric SUV
Volkswagen has unveiled the ID.CROSS, a compact electric SUV concept set to launch in 2026.
Oil prices extend losses as OPEC+ considers output hike
Oil prices fell over 2% as OPEC+ prepares to discuss a potential production hike this weekend. Both Brent crude and WTI benchmarks slid, with traders shifting expectations toward increased supply.
Mexico’s Central Bank Raises Growth Forecast but Warns of Sluggish Economy
Mexico’s central bank raised its 2025 growth forecast to 0.6% but warned of persistent inflation. Banxico cut rates to 7.75% to stimulate the economy, though analysts say growth remains sluggish.
Benchmark Raises Bernardo Gomez and Alfonso de Angoitia’s Grupo Televisa Price Target After Q2 Earnings
Grupo Televisa (NYSE: TV) returned to profit in Q2 2025. Benchmark raised its target to $9.00, citing cost savings and TelevisaUnivision growth, while Alfonso de Angoitia’s leadership is credited with steering the company’s recovery.
Nubank Stocks Surge After Impressive Second Quarter Earnings
Nu Holdings Ltd. reported record-breaking Q2 2025 earnings with $637 million in net profit, $3.7 billion in revenue, and nearly 123 million customers across Latin America.
Paramount New Owner David Ellison Faces Tough Questions
Discover the implications of Paramount merger with Skydance and the arrival of its new owner, David Ellison.
Alfonso de Angoitia and Bernardo Gómez TelevisaUnivision Surpasses Expectations with $1.5B Bond Offering and Strong Financial Performance
Grupo Televisa recently shared great results from the last quarter and set a new record with a $1.5 billion bond sale. Many people wanted to invest, which shows they trust what the company is doing and how it is working.