Companies

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Gloria Steinem, Feminist Icon and Ms. Magazine Co-Founder, Dies at 92

Gloria Steinem, journalist, activist and co-founder of Ms. Magazine, died at 92 at her New York City home, her foundation said Wednesday.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Confirms Xi Washington Visit This Month, Touts US Lead in AI Race

Trump said on Wednesday that Xi Jinping will visit Washington this month, calling the summit exciting and claiming a US lead in artificial intelligence.

Avanos Medical to Go Private in $1.27 Billion Deal with American Industrial Partners

Avanos Medical agrees to be acquired by American Industrial Partners for $1.27 billion in an all-cash deal, with stockholders to receive $25 per share.

AI Powerhouses Cohere and Aleph Alpha in Merger Talks, German Government Signals Support

Canadian AI firm Cohere and German counterpart Aleph Alpha are reportedly in merger talks, with potential support from the German government to bolster Europe's AI capabilities.

Whirlpool Invests $60 Million in Perrysburg, Ohio, Creating Up to 150 New Jobs

Whirlpool Corporation announces a $60 million investment in a new Perrysburg, Ohio factory, creating up to 150 jobs and enhancing domestic appliance production.

Commvault Stock Surges as Data-Protection Leader Mulls Major Sale

Commvault Systems shares surge as the data-protection firm explores a possible sale after receiving takeover interest. Read the latest insights into potential buyers, industry context, and what this means for investors.

Ares Management Acquires Whitestone REIT in $1.7 Billion All-Cash Deal

Ares Management is acquiring Whitestone REIT for $1.7 billion in an all-cash deal, taking the shopping center REIT private. The acquisition highlights a trend of private equity targeting undervalued REITs.

TSMC’s Q1 Revenue Soars 35% on Unstoppable AI Chip Demand, Exceeding Expectations

TSMC's Q1 revenue surged 35% to $35.6 billion, driven by strong AI chip demand and exceeding analyst expectations. Learn more about the company's performance and the booming AI market.

Starbucks Seals Deal with Boyu Capital, Eyes Massive China Expansion

Starbucks finalizes a major deal with Boyu Capital, transferring control of its China operations and setting sights on expanding its store count to 20,000 locations.

QatarEnergy and ExxonMobil’s Golden Pass LNG Facility in Texas Achieves First Production Amidst Global Supply Concerns

QatarEnergy and ExxonMobil's Golden Pass LNG facility in Texas begins production, boosting U.S. exports amid global energy supply concerns.

PetroChina’s 2025 Profits Dip Amidst Global Oil Price Volatility and Softening Demand

PetroChina reports a 4.5% drop in 2025 net profit due to lower oil prices and weak fuel demand, despite increased production and strong cash flow.

Henkel Seals $1.4 Billion Deal to Acquire Haircare Innovator Olaplex

Henkel announces $1.4 billion acquisition of Olaplex, aiming to boost its premium haircare portfolio and expand Olaplex's global reach. Learn more about the strategic deal.

Uber Elevates Travel Game: Acquires Luxury Chauffeur Service Blacklane

Uber Technologies acquires Blacklane, a global chauffeur service, to expand its luxury and executive travel offerings and enhance its premium mobility solutions worldwide.

Blackstone Makes Significant $250 Million Investment in UAE Payment Platform Amidst Regional Tensions

Blackstone invests $250 million in UAE payment and data intelligence platform ADGT, signaling confidence in the region despite geopolitical tensions.

Corebridge Financial and Equitable Holdings Forge $22 Billion Merger to Create Financial Services Powerhouse

Corebridge Financial and Equitable Holdings announce a $22 billion all-stock merger, creating a leading retirement, life, wealth, and asset management company with over 12 million customers and $1.5 trillion in assets.

Pulmatrix and Eos SENOLYTIX Unite to Pioneer Anti-Aging Therapies Targeting Mitochondrial Health

Pulmatrix and Eos SENOLYTIX announce a merger agreement to create Eos SENOLYTIX, Inc., a company focused on advancing novel mitochondrial therapies for age-related diseases like sarcopenia, backed by $19 million in financing.

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