Business
Found 355 articles
Wendy's Shares Surge on Potential Trian Takeover Bid
Wendy’s stock climbed 15% during Wednesday morning trading following reports that Nelson Peltz’s Trian Fund Management is assembling a formal takeover proposal. The burger chain, currently grappling with a six-quarter slump in same-store sales, saw trading briefly halted as investors reacted to the prospect of a potential ownership shift.
)
Bob Iger and Joshua Kushner Acquire Los Angeles Lakers
A valuation of $12.5 billion has brought new ownership to the Los Angeles Lakers, as Mark Walter offloads his majority stake to Joshua Kushner and Bob Iger less than a year after his initial acquisition of the storied NBA franchise.
Home Depot CEO Ted Decker steps away for medical leave
Home Depot CEO Ted Decker will step away from his duties for a temporary medical leave of absence, prompting the retailer to divide his responsibilities between two veteran executives. The company confirmed the transition on Wednesday, just days before its fiscal second-quarter earnings report is scheduled for release.
Jensen Huang’s $500 Billion Bet Faces a Hardware Depreciation Wall
GM Secures $4.5 Billion Credit Facility to Shield Parts Supply Chain
Invitation Homes CEO Predicts Gradual Impact from New Buying Ban
Trump's MMR vaccine split faces scientific pushback
Target Appoints Chandhu Nair as First Chief AI Officer
JPMorgan secures landmark global banking partnership for LA 2028
Frida Targets Tween Market With New Personal Care Line
Nvidia Rallies Wall Street Titans for $500 Billion AI Infrastructure Fund
HHS Proposes Tighter Oversight for Food Additives and Processing
Boeing offloads three subsidiaries to Archer Aviation
Shein's Low-Price Model Falters Under New Tariff Pressure
Cyclospora Outbreak Triggers Sharp Decline in Salad Sales
Burger King Reclaims Second Spot as Wendy’s Sales Slip
Rockstar Founder Russ Savage Targets Celsius Leadership After Stock Slide
Corporate travel managers push back against stripped-down business class
Sweetgreen Lowers Annual Forecast as Parasite Fears Stifle Sales
Savers Value Village deploys AI to standardize thrift pricing
Genius Sports pivots from betting odds to live advertising engine
World Cup Surge Drives Fox Revenue to $4.21 Billion
Fox Rejects Early NFL Media Rights Renegotiations
Investors favor Eli Lilly over Novo Nordisk in obesity drug race
Ford Targets Entry-Level Market With $28,350 Fathom Electric Pickup
Family Offices Pivot Toward Clean Energy Amid AI Power Demands
Shaquille O'Neal: Caitlin Clark faces a necessary rite of passage
Versant Media Group Raises 2026 Outlook Amid Digital Pivot
Warner Bros. Discovery streaming revenue climbs amid merger uncertainty
