The Federal Trade Commission (FTC) is reportedly gearing up to oppose Tapestry Inc.'s proposed $8.5 billion acquisition of Capri Holdings Ltd. Tapestry, known for brands like Coach and Kate Spade, aims to merge with Capri, which owns Michael Kors and Versace.
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United Airlines Surges 14% as Upbeat Profit Forecast Defies Boeing Crisis, Shares Hit 3.5-Year Highs
United Airlines shares surged 14% despite the Boeing crisis fallout, hitting the highest point in 3.5 years. Upbeat profit forecasts and strong bookings drove investor confidence.
Toshiba Mass Layoff Could Terminate 5,000 Domestic Workers—Who Might Be Affected?
Toshiba could terminate 5,000 domestic workers as it considers a mass layoff. Who could be affected?
Senate Hearings Grill Boeing Over Safety Concerns Following Midair Incident
Senate hearings scrutinized Boeing's safety culture and production quality after the midair incident. A CEO shakeup was announced, production curbs were imposed, and deliveries were halved.
Toyota Halts Prius Orders, Recalls 135K Hybrids in Japan Over Rear Door Handle Issue
Toyota recalls 135k Prius in Japan due to rear door handle issue. No accidents were reported. Production was halted, and orders were suspended.
Latest News
According to the United States' most recent assessment of Pyongyang's weapons of mass destruction, Kim Jong Un's regime is genetically engineering the ingredients for bacteria, viruses, and toxins as part of a germ warfare program.
Tragically, there has been a loss of life due to the heavy rain and flooding that has caused widespread disruption in Dubai.
IDS, owner of Royal Mail, saw its shares surge after rejecting a takeover bid from Czech billionaire Daniel Křetínský's EP Group.
Superyacht sales plunged in 2023 due to long wait times, rising costs, and the withdrawal of Russian oligarchs amid sanctions, but American buyers are stepping in.
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
Governors of six Southern states have warned workers against joining the United Auto Workers (UAW) union in an effort to stop unionization in their states' auto factories.
US health insurance giant UnitedHealth Group said Tuesday in its first-quarter operations earnings report that a cyberattack on its subsidiary Change Healthcare cost the company $872 million.
Tim Cook said Apple would "look at" manufacturing in Indonesia after meeting with President Joko Widodo.
Despite international sanctions over its war in Ukraine, the International Monetary Fund (IMF) has forecasted that the economy of Russia will grow quicker than all of the advanced economies in the world, including the United States, in 2024.
