As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
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Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.
The gaming industry is headed for a financial crunch, and Microsoft and others have adopted a winner-take-all strategy.
Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.
Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
The e-commerce luxury market has taken a big dip, placing the platforms that focus on luxury goods in hot water.
British American Tobacco shares dropped to a 12-year low after the company announced a $31.5 billion write-down for some of its brands.
StubHub’s latest Year in Live Experiences report found women captivated audiences in 2023 and generated massive ticket sales.
Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.
Apple will likely face a lot of competition if it decides to get on the road.
After 50 years of performing, world-renowned shock rock group Kiss just played its final show, but the members say the show will go on.
It was only last year that 737 felt like the number of scandals Boeing was embroiled in, rather than the name of its narrow-body aircraft.
With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.
Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.
As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.