Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
Industry
Woolworths Workers Criticize the Supermarket Over 'Woke' Australia Day Stance
Employees at Woolworths have voiced their displeasure over the supermarket's controversial Australia Day stance.
Keppel DC REIT's Second-Half DPU Falls 16.1% on Higher Property Expenses and Finance Costs
Keppel DC REIT has faced a 16.1% to 4.332 cents decline in its distribution per unit (DPU) for the second half of the year.
Levi Strauss Will Cut 10-15% of Global Corporate Jobs Under New CEO Michelle Glass
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.
Paramount Joins Industry Trend Layoffs to Cut Operating Costs
Paramount CEO Bob Bakish announced job cuts, joining an industry trend of layoffs. Paramount CEO Bob Bakish announced staff layoffs on Thursday as part of a strategic effort to operate more efficiently and reduce expenses, according to a report by CNBC.
Latest News
Qatar, one of the world's top LNG producers, is delaying some deliveries to Europe due to the Red Sea crisis.
Chick-fil-A customers eligible for a $29.95 gift card as part of a $4.4 million lawsuit settlement are urged to act swiftly as the deadline approaches.
China will reduce its banks' liquidity reserves at the start of next month to boost its struggling economy.
Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.
US tech giant Apple has paid a fine of $13.65 million imposed by Russia's FAS antitrust agency for the company's alleged abuse of its dominant market position concerning in-app payments.
A top Apple analyst warned that Apple Vision Pro, which immediately sold out after preorders opened Friday, could face a downturn in demand.
Amer Sports, the maker of Wilson tennis rackets, is targeting an up to $8.7 billion valuation for its upcoming US initial public offering (IPO).
Terraform Labs, a stablecoin behind TerraUSD, filed for Chapter 11 bankruptcy in the United States on Sunday, Jan. 21. The move may allow them to execute their business plan.
Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new CEO. Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new Chief Executive Officer (CEO), effective February 5.
