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1559 articles
Visa to Cut 2,600 Jobs, Shifting Focus as Payments Industry Evolves
Payment giant Visa plans to cut about 7% of its workforce, targeting technology and product roles, as it adapts to a rap...
Corning Shares Tumble 20% Despite Q2 Beat as AI Fears Overshoot, Analysts Say
Corning’s Q2 revenue surged on AI-driven fiber demand, but a 20% intraday plunge reflects broader AI stock jitters. Morn...
Jefferies Reiterates Buy on SAP, Sees Company as AI Leader Among Peers
Analyst Charles Brennan maintains EUR 210 price target, citing CEO Klein's AI urgency and SAP's advanced positioning in ...
Apple Dethrones Nvidia to Become World's Most Valuable Company with $5 Trillion Market Cap
Apple’s market cap hit $5 trillion on Tuesday, reclaiming the top spot from Nvidia as the iPhone maker benefits from ste...
Enpal Shutters Hamburg Sales Hub as Solar Startup Refocuses on Core Regions
Berlin-based energy startup Enpal is closing its Hamburg office with 85 employees and consolidating sales in Munich, Ess...
How Cox Automotive Uses AI and Research to Keep AutoTrader and Kelley Blue Book Ads Effective
An inside look at the research-first creative process behind AutoTrader and Kelley Blue Book, where consumer testing, AI...
S&P 500 Board Diversity Hits Decade Low as Trump-Era Policies and Investor Retreat Reshape Recruitment
Appointments of women and racial minorities to S&P 500 boards have fallen to their lowest level since 2014, new data sho...
Goodyear, Blizzard, Roku and Slim Jim Ride the Jimothy Raccoon Wave in a Real-Time Marketing Blitz
A wave of brands ‘newsjacked’ the internet’s latest animal star, Jimothy the raccoon, blending product messages with vir...
How a Grandma's Barbecue Sauce Recipe Built a $350 Million Brand
Justin Gill turned his grandmother's Japanese barbecue sauce into Bachan's, a brand with estimated annual revenues toppi...
From Shark Tank Rejection to Rs 3,000 Cr: The Zypp Electric Story
After being turned down on Shark Tank India at a Rs 220-crore valuation, Zypp Electric has grown into a 21,000-scooter E...
SpaceX Shares Sink More Than 50% From Post-IPO High Ahead of First Earnings
Ahead of its inaugural earnings as a public company and a looming lock-up expiration, SpaceX shares have lost more than ...
After 50% Crash, SK Hynix Trades at 4.5 Forward P/E — Is the Memory Cycle Misread?
SK Hynix stock plunged nearly 50% after a fourfold rally, compressed to a forward P/E of 4.5. But wafer-capacity math an...
Nvidia Injects $5 Billion into Ilya Sutskever’s Secretive AI Startup Safe Superintelligence
The chip giant’s cash—and access to its next-generation Vera Rubin hardware—will let SSI grow its compute tenfold in a y...
Thinking Machines Lab Co-Founder Lilian Weng Steps Down, Citing Burnout and Health Strain
Weng’s departure — the latest in a wave of exits from the AI startup — underscores the physical toll of the industry’s r...
GSK to Close Stevenage R&D Hub in £1.9bn Cost Drive, Opens Cambridge Flagship
The drugmaker will move 1,800 staff from its historic Stevenage centre to a new Cambridge site, launching a three-year c...
BHP Sends Mariana Reparations Lead to Global Ethics Post, Eyes Samarco Revival by 2029
Emir Calluf Filho, who steered BHP's Brazilian operation through the Fundão dam disaster reparations, takes a global com...
Leica Bets on Glass Molding to Secure Its Premium Camera Future
Leica Camera AG is banking on a new lens-pressing technology to keep its luxury cameras ahead of smartphone competition,...
Chubais Appeals 5.5 Billion Ruble Ruling in Rusnano's Plastic Logic Lawsuit
Former Rusnano chief Anatoly Chubais and seven other defendants have challenged a Moscow court order that held them liab...
Cabio Biotech Slumps 20% After Shanghai Risk Warning Over ARA Turmoil
The world’s second-largest arachidonic acid (ARA) supplier sees revenue plunge 82% and is put under stock exchange risk ...
Walgreens Bets on Robots to Save $1B a Year as It Prepares to Go Private
Walgreens is rolling out automated prescription centers across 5,000 pharmacies in a drive to cut $1 billion in annual c...
Inflexor Ventures Rakes In ₹400 Crore in First Close of ₹1,250 Crore Fund III
The early-stage venture firm has secured commitments from marquee anchors like SRI Fund and HDFC AMC, preparing to write...
Arab African International Bank Partners with Zain Tech to Accelerate Corporate Digitalization in Egypt
A memorandum of understanding between AAIB and the Zain Group’s digital arm aims to equip Egyptian businesses with AI, I...
Johnson & Johnson Agrees to $5.5 Billion Talc Settlement to End 15-Year Litigation
The pharmaceutical giant aims to resolve tens of thousands of ovarian cancer claims with a $5.5 billion deal, seeking cl...
Safran CEO Vows to Meet Airbus and Boeing Engine Demand in 2026-2027 as Aftermarket Boom Drives Record Profits
French engine maker Safran reports record H1 profitability, raises full-year outlook, and pledges to break the productio...
Theater Revenues Are Climbing, but the Moviegoing Habit Remains in Long-Term Decline
AMC’s latest results show how rising ticket prices and premium formats are masking a durable slide in attendance — a shi...
Inside Super Micro Computer's Server and AI Infrastructure Business
A look at the modular server maker's product range and role in powering data centres and AI workloads.
Zain Saudi Arabia Q2 Profit Soars 60.6% to SAR 204mn on 5G Consumer Gains
Zain KSA's second-quarter net profit surged to SAR 204 million from SAR 127 million a year earlier, driven by a richer r...
AfDB Approves €100m Loan for Morocco's First Integrated LFP Battery Gigafactory
The African Development Bank is backing Gotion's $117m-equivalent project to build a large-scale lithium iron phosphate ...
Brazilian Court Reverses Dismissal After Worker Clocks Out 4 Minutes Late
A food sector company in Uberlândia fired an employee for just cause after he registered four extra minutes of work. A l...
Manipal Health Enterprises sets ₹9,275 crore IPO price band amid muted grey market signal
The hospital chain will open its public offer on July 29. A fresh issue of 13.56 crore shares and an OFS aim to raise ₹9...