favorites

Bank of England gives hawkish warning as it cuts rates to 4.5%

The bank warned that inflation will rise “quite sharply” to peak at 3.7% later this year, up from 2.8% in the last forecast.

06.02.2025 3

Michelle Chapman

Honeywell will split into 3 companies, ending the run for one of the few remaining U.S. industrial conglomerates

The public announcement arrived about one month after Elliott Investment Management revealed a stake of more than $5 billion in the aerospace,...

06.02.2025 2

Michelle Chapman

Getty Images and Shutterstock will merge into $3.7 billion photo, video and music media company

Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximately 45.3%.

07.01.2025 30

Michelle Chapman

WWE and UFC owner is buying IMG, Professional Bull Riders and On Location for $3.25 billion

The sale to parent company TKO is part of Endeavor’s efforts to shed some of its assets as it looks to be taken private in a transaction with...

25.10.2024 3

Michelle Chapman

Disney just announced a timeline to replace CEO Bob Iger and it sent shares sliding

By naming Disney's next CEO in 2026, it "will allow ample time for a successful transition before the conclusion of Bob Iger’s contract in December...

21.10.2024 3

Michelle Chapman

United Airlines is planning its biggest international expansion ever

United Airlines is adding eight new international destinations to its itinerary for next summer as well as new routes.

11.10.2024 2

Michelle Chapman

GM’s Cruise hit with fine and consent order for crash that led to suspension of driverless rides

General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty after the unit failed to fully report a crash involving a...

30.09.2024 2

Michelle Chapman

AT&T is selling its majority DirecTV stake to private equity firm TPG Partners for $7.6 billion

The move ends the communication giant's remaining ties to the entertainment industry.

30.09.2024 2

Michelle Chapman

Steelworkers union loses arbitration case against US Steel in their bid to stop sale to Nippon

The union has previously stated that it doesn't believe Nippon fully understands its commitment to steelworkers.

26.09.2024 3

Michelle Chapman

Verizon is buying Frontier Communications in $20 billion deal to strengthen its fiber network

Verizon Communications said Thursday that the transaction will also help it in the areas of artificial intelligence and the Internet of Things.

05.09.2024 3

Michelle Chapman

Billionaire Carl Icahn and company fined $2 million over secret personal loans secured with company stock

Between 2018 and the present, Icahn pledged approximately as much as 82% of Icahn Enterprises' outstanding securities as collateral to secure...

19.08.2024 2

Michelle Chapman

New Starbucks CEO Brian Niccol is getting a bonkers pay package—and he doesn’t have to move to Seattle to get it

Niccol will take over for Laxman Narasimhan, who lasted a little more than a year as Starbucks' CEO.

15.08.2024 4

Michelle Chapman

Disney has finally turned a profit on streaming—just as its parks business slumps

Sports are a winner, but inflation means less spending in Disney's parks.

07.08.2024 2

Michelle Chapman

Hyundai and Kia cars targeted by TikTok thieves see theft rates drop by over half after software updates

Theft rates of the affected automobiles soared after thieves discovered that certain car models lacked engine immobilizers, an anti-theft...

07.08.2024 6

Michelle Chapman

Delta CEO says the CrowdStrike outage cost the airline $500 million and ‘tens of millions of dollars per day in compensation’

Delta was by far the hardest hit hard by the CrowdStrike outage, having to cancel thousands of flights.

31.07.2024 3

Michelle Chapman

Tesla is recalling over 1.8 million vehicles because the hood can open while the car is moving

Elon Musk's Tesla is recalling some 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles because the hood latch assembly may fail to...

30.07.2024 50

Categories

Sources

Popular

Michelle Chapman

Fortune

Bank of England gives hawkish warning as it cuts rates to 4.5%

Michelle Chapman

Honeywell will split into 3 companies, ending the run for one of the few remaining U.S. industrial conglomerates

Michelle Chapman

Getty Images and Shutterstock will merge into $3.7 billion photo, video and music media company

Michelle Chapman

WWE and UFC owner is buying IMG, Professional Bull Riders and On Location for $3.25 billion

Michelle Chapman

Disney just announced a timeline to replace CEO Bob Iger and it sent shares sliding

Michelle Chapman

United Airlines is planning its biggest international expansion ever

Michelle Chapman

GM’s Cruise hit with fine and consent order for crash that led to suspension of driverless rides

Michelle Chapman

AT&T is selling its majority DirecTV stake to private equity firm TPG Partners for $7.6 billion

Michelle Chapman

Steelworkers union loses arbitration case against US Steel in their bid to stop sale to Nippon

Michelle Chapman

Verizon is buying Frontier Communications in $20 billion deal to strengthen its fiber network

Michelle Chapman

Billionaire Carl Icahn and company fined $2 million over secret personal loans secured with company stock

Michelle Chapman

New Starbucks CEO Brian Niccol is getting a bonkers pay package—and he doesn’t have to move to Seattle to get it

Michelle Chapman

Disney has finally turned a profit on streaming—just as its parks business slumps

Michelle Chapman

Hyundai and Kia cars targeted by TikTok thieves see theft rates drop by over half after software updates

Michelle Chapman

Delta CEO says the CrowdStrike outage cost the airline $500 million and ‘tens of millions of dollars per day in compensation’

Michelle Chapman

Tesla is recalling over 1.8 million vehicles because the hood can open while the car is moving

Michelle Chapman