Home Depot on Tuesday stuck by its full-year sales forecast as a top executive told CNBC the retailer won’t hike prices because of tariffs. “Because of our scale, the great partnerships we have with our suppliers and productivity that we continue to drive in our business, we intend to generally maintain our current pricing levels […]
A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Tom Little | Reuters Novo Nordisk is banking on fresh leadership to help it reclaim the crown in the booming weight loss drug market. The Danish drugmaker on Friday abruptly announced that
Wendy McMahon, President and Co-Head of CBS News and Stations. Michele Crowe | CBS | Getty Images CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company’s news division and Paramount Global controlling shareholder Shari Redstone. Paramount Global co-CEO George
Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership Read More »
Imaginima | E+ | Getty Images Logistics startup Stord said Monday that it’s buying UPS subsidiary Ware2Go as it looks to expand its footprint in the e-commerce space. The company declined to provide specifics on the purchase price of the deal. The Atlanta-based company founded by former Thiel Fellow Sean Henry said the acquisition will
Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary Read More »
Customers shop at a Bath & Body Works store in Hayward, California, on June 12, 2024. Justin Sullivan | Getty Images Bath & Body Works has a new chief executive officer, its second in less than 3 years. The personal care, home and beauty retailer has named Daniel Heaf as its new CEO, effectively immediately,
Bath & Body Works names recent Nike executive as its new CEO, effective immediately Read More »
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal Read More »
A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion —
How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated Read More »
Sopa Images | Lightrocket | Getty Images Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an
Cable companies Charter and Cox agree to merge Read More »
A customer exits a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% in
UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Anadolu | Anadolu | Getty Images The U.S. and United Arab Emirates are partnering on a massive artificial intelligence campus touted as the largest such facility outside
White House announces AI data campus partnership with the UAE Read More »
