Articles

Bronfman drops bid to buy Paramount, clearing the way for Skydance deal

Hollywood’s biggest drama of the year appears to have reached its finale, as Edgar Bronfman Jr. late Monday dropped his 11th-hour bid to buy Paramount Global parent National Amusements.

Lowe’s becomes latest company to back away from diversity plans

Home-improvement retailer Lowe’s Cos. has become the latest company to change its approach to diversity, equity and inclusion, amid an increase in legal challenges to the corporate world and pressure from conservatives.

BHP’s profit falls on one-off charges, dividend trimmed as miner pursues growth

BHP Group reported a 39% fall in annual profit because of one-off charges and dialed back its payout to investors as the company spends more to expand in commodities that it bets will be in demand for the energy transition and a rising world population.

Trinity Biotech shares soar on improved revenue outlook for HIV test

Shares of Trinity Biotech rallied after the company boosted the revenue outlook for its rapid HIV test.

Care.com agrees to settle FTC lawsuit on marketing, cancellations

Care.com agreed to an $8.5 million settlement after the Federal Trade Commission alleged the online in-home care services platform deceived caregivers looking for jobs and failed to give users a simple way to cancel paid memberships.

Leslie’s names Jason McDonell as next CEO as Michael Egeck departs

Leslie’s named Jason McDonell as its next chief executive, succeeding Michael Egeck, who left the pool and spa supply retailer a little over a month after the company cut its outlook amid difficult industry conditions.

Campbell Soup sells Pop Secret popcorn business to Our Home

Campbell Soup has sold its Pop Secret popcorn brand to the snack company Our Home for an undisclosed amount.

Apple names Kevan Parekh to replace CFO Luca Maestri

VP of financial planning and analysis and 11-year Apple Inc. veteran takes the reins next year.

Shorts to a job interview? ‘Very demure’ makeup? Gen Z is still confused about how to show up to work.

For young employees, the learning curve on appropriate workwear has been steep. Managers blame the rise of remote work.

‘FOMO’ returns to the options market as traders chase stocks higher

Once again, option traders are giving in to the “fear of missing out” and chasing the stock-market rally higher.

Home prices won’t fall meaningfully without ‘significant’ job losses: economists

Falling mortgage rates won’t be enough to fix the affordability crisis in housing, according to Macquarie economists.

Telegram CEO Pavel Durov’s arrest could weaken your right to online privacy

Telegram has long been a thorn in the side of governments worldwide.
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