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Walgreens Plans Major U.S. Store Closures
Shares plummeted 25% as the pharmacy chain also lowered its guidance for the year.5 min read
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Shari Redstone ends talks with Skydance Media over deal to control Paramount
Decision to halt chaotic sale process has left future of storied Hollywood group hanging in the balance
By Editors Desk
Latest Business
Dr Pepper Ties Pepsi as America’s No. 2 Soda
After decades as a distant contender, Dr Pepper has climbed the ranks with help from hefty marketing, novel flavors and TikTok videos.
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Vivek Ramaswamy Calls for New Board Members and Cuts at BuzzFeed in Letter to Jonah Peretti
Peretti disagreed with Ramaswamy's assessment of the company, but offered to meet with the activist in an email response.
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Davos boss quits – media
Klaus Schwab, the founder of World Economic Forum, will reportedly transition to role of non-executive chairman
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Dimon says JPMorgan will pick a new CEO within five years
One of Wall Street’s longest-serving leaders says search for his successor is under way
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Melinda French Gates to quit Gates Foundation
Ms Gates announced her separation from Microsoft co-founder Bill Gates in 2021.
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Elon Musk’s X wins Australia court fight over censorship of church stabbing video
Billionaire’s social media platform said takedown request set ‘dangerous precedent’ for open internet
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Apple crushed by iPad advertising backlash
New campaign depicting musical instruments and artistic tools being destroyed by a hydraulic press faces criticism
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Tim Cook Can’t Run Apple Forever. Who’s Next?
John Ternus, the head of hardware engineering, is emerging as a potential successor to the CEO.
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Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs Fitness-equipment company to cut 15% of staff, war
Fitness-equipment company to cut 15% of staff, warns of lower demand
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Universal Music ends boycott of TikTok with new licensing deal
Universal Music ends boycott of TikTok with new licensing deal
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TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban
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Tesla lays off more than 10% of its workforce
Tesla will lay off more than 10% of its global electric vehicle workforce.
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