By Richa Naidu VEVEY, Switzerland (Reuters) -Nestle on Tuesday sought to play down any differences with Robert F. Kennedy Jr., who has been critical of
Category: Business
Target shares slide 20% as retailer expects stagnant holiday quarter sales
By Savyata Mishra (Reuters) -Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers
Blackstone strikes $8 billion deal for sandwich chain Jersey Mike’s Subs
By Anirban Sen (Reuters) -Blackstone has agreed to buy Jersey Mike’s Subs, the sandwich chain said on Tuesday, in a deal that a source said
Nvidia’s Blackwell revenue in focus as sales growth slows
By Arsheeya Bajwa (Reuters) – Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace
Disney nears tipping point as streaming profits start to offset cable decline
By Aditya Soni and Jaspreet Singh (Reuters) – Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming
Analysis-Elliott’s $5 billion Honeywell gambit: would a split pay off?
By Utkarsh Shetti and Nathan Gomes (Reuters) – Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
By Jody Godoy WASHINGTON (Reuters) -Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that
Elliott calls for Honeywell break up, takes $5 billion-plus stake
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other
Netflix’s ad-supported tier hits 70 million users
(Reuters) -Netflix said on Tuesday its ad-supported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers
Amazon offers free computing power to AI researchers, aiming to challenge Nvidia
By Stephen Nellis (Reuters) – Amazon.com’s cloud computing unit on Tuesday said it will offer free computing power to researchers who want to use its