The Swiss food group slashed planned layoffs by 20% following negotiations with Spanish unions and offered voluntary redeployments. Nestlé has agreed with Spanish unions to cut a maximum of 242 jobs in the country, down from an initial 301 positions announced in April. The
If you assume your 401(k) works the same way it did a few years ago, you may be missing critical updates. Quiet changes are reshaping how much you can contribute, how it’s taxed and even whether you’re enrolled at all Find Out: What a Wealthy Retiree’s Monthly Budge
Quick Read - SERV tops acquisition rankings with Uber Eats and DoorDash integration; SYM's Walmart anchor and $22.7B backlog make a deal more concrete. - PATH is strategically valuable, but Daniel Dines' dual-class voting control makes an unsolicited bid nearly impossible...
May’s record trade surplus strengthens the case for yuan appreciation despite recent policy measures to curb currency strength. China’s trade surplus widened to $105.43bn in May, up from $84.82bn in April, as exports surged 19.4% year-on-year. The increase was driven by AI
J.M. Smucker reports $2.77 adjusted EPS for Q4, up 20%, and projects FY27 EPS of $9.75 to $10.25 despite lower sales. J.M. Smucker posted a 20% increase in adjusted fourth-quarter earnings per share to $2.77, driven by growth in coffee, Uncrustables, and pet foods. Net sal
Key Points - TH International reported weaker Q1 2026 results, with revenue down 14.6% year over year and same-store sales down 13.2% as it continued closing underperforming stores and cut back on discount-driven promotions. - Management is shifting focus toward franchising and...</strong
Cathie Wood's ARK Invest offloads nearly $13 million in ACHR stock amid broader sector shifts in eVTOL development. ARK Invest, led by Cathie Wood, sold nearly $13 million worth of Archer Aviation (ACHR) shares on Monday. The move follows recent adjustments in the firm’s p
Bitcoin inflows slow sharply in 2026 as investors chase AI, Bernstein says Bernstein said bitcoin's increasingly diversified ownership base supports its long-term store-of-value thesis. What to know: - Bernstein noted that bitcoin exchange-traded fund (ETF) flows have weak
Investors increasingly view Tesla as a robotics platform targeting a $5 trillion market, overshadowing its $3.3 trillion auto segment. Wall Street analysts are recalibrating Tesla’s valuation, framing it as a robotics company rather than an electric vehicle manufacturer. T
Economists forecast a 4.2 percent year-over-year increase in May CPI, exceeding the Fed’s 2 percent target amid U.S.-Iran tensions and energy pressures. U.S. consumer prices are expected to rise 4.2 percent year-over-year in May, the fastest pace since April 2023, as energ
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