Mondelez Defends Staying in Russia Amid War-Era Pressures
Mondelez defends its decision to stay in Russia after the 2022 invasion, arguing the move protects jobs and local operations, while acknowledging the tax...
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Fox to Buy Roku for $22 Billion Reshapes Streaming Landscape
Fox agrees to acquire Roku for $22 billion, signaling a strategic pivot in streaming as Fox combines sports and news content with Roku’s platform...
GM And Lockheed Martin Announce Defense Manufacturing Partnership
General Motors and Lockheed Martin unveiled a defense-manufacturing partnership aimed at expanding production capacity and modernizing facilities in the U.S.
Rivian Lays Off Hundreds as R2 Launch Moves Ahead
Rivian said it would lay off hundreds of workers, or less than 2% of its workforce, as it works to profitably scale with the R2.
Survey Shows Working Parents Feel They Can’t Give 100% At Work Or Home, Pew Finds
A Pew Research Center survey of 2,242 working parents finds widespread struggle to balance job responsibilities with family needs.
Thames Water on the Brink: Lenders’ Rescue Plan Faces Government Pushback
Thames Water faces a £10bn rescue plan from its lenders that could involve debt write-down and leniency on penalties, drawing government scrutiny and the...
SpaceX Buys AI Coding Start-Up Cursor for $60 Billion Days After IPO
SpaceX agrees to buy Cursor for $60 billion, weeks after its Nasdaq IPO, expanding its AI toolkit alongside xAI and Grok, while Cursor’s technology...
Carvana Expands Into New Vehicles, Sparking Debate Over U.S. Auto Retail Structure
Carvana is extending its footprint into new-vehicle franchises, primarily selling Stellantis’ brands, in a move that industry sources say could disrupt the long-standing franchised...
Yum Brands Sells Pizza Hut to LongRange Capital and Yum China for $2.7 Billion
Yum Brands is selling Pizza Hut to LongRange Capital for roughly $1.5 billion, with Yum China acquiring China locations for about $1.2 billion.