McDonald's will close all CosMc's locations in June, ending its beverage-focused chain just two years after launch.
Industry
Salesforce to Snap Up Informatica in Major $8B AI-Focused Cloud Data Merger
Following the official announcement of the agreement, Informatica's stock saw a 5.7% increase.
Shein Faces EU Crackdown Over Alleged Consumer Law Violations
The EU warns Shein over alleged consumer law violations, giving the retailer one month to respond or face possible fines.
Volvo Trims Workforce by 3,000 in Bid to Cut Nearly $2 Billion in Costs
Volvo cuts 3,000 jobs to save $2 billion amid industry challenges and global trade tensions.
US Delays Massive EU Tariff as Trump Opens Door to Negotiations
President Trump delays 50% EU tariff to July 9, opening the way for new trade negotiations.
Latest News
Trump warns Apple of a 25% tariff if it doesn't move iPhone production to the US.
Trump approves US Steel-Nippon merger, pledging 70,000 jobs and $14B investment in the US economy.
Levi's sells Dockers to Authentic Brands for $311 million to focus on denim, global growth, and core brand strategy.
Home Depot commits to keeping prices steady despite tariffs, setting itself apart from Walmart's planned price hikes.
Cucumbers recalled in 15 states after a Salmonella outbreak sickens 26 people and hospitalizes 9.
Walmart CFO warns shoppers may see higher prices by late May due to rising import tariffs.
A judge tosses Vanguard's $40M investor settlement, citing overlap with an earlier SEC payout.
Regeneron acquires 23andMe for $256M after bankruptcy, pledging to protect customer genetic data.
Elon Musk partners with Microsoft to host Grok AI on Azure, despite an ongoing lawsuit.
