Bruce Nordstrom, former CEO of the renowned retail giant bearing his family name, has passed away at the age of 90. Nordstrom played a pivotal role in steering the Seattle-based company to substantial growth, cementing its position as a cornerstone ...
A St Petersburg court has ordered the seizure of assets worth over €700mn from three western banks — UniCredit, Deutsche Bank, and Commerzbank — according to court documents. This seizure represents one of the most significant actions against western banks ...
Concerns over the burgeoning US government debt are being echoed by various influential figures. In the last 24 hours, both JPMorgan CEO Jamie Dimon and Ray Dalio, the founder of the world’s largest hedge fund, have voiced apprehensions about the ...
Japan’s Nippon Steel announced on Saturday that its vice chairman, Takahiro Mori, who is a key negotiator for the planned purchase of U.S. Steel, will travel to the United States next week to meet stakeholders as part of ongoing efforts ...
The United Autoworkers Union (UAW) in the US has faced a setback in its effort to expand membership to car factories in the American South. Mercedes-Benz workers in Alabama voted 2,642-2,045 against joining the union, with 56% of eligible ballots ...
Indian spices, including major brands such as MDH and Everest, have been banned by the European Union because of the presence of the carcinogen ethylene oxide. Similarly, Singapore and Hong Kong have imposed complete bans, citing the same concerns. Despite ...
Stellantis’ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced Friday. Kuniskis, who has led several of the carmaker’s brands in North America, is best known ...
The companies announced on Thursday that OpenAI will have access to Reddit data for training its artificial intelligence models and will employ its technology on the popular discussion platform. Reddit, which debuted on the New York Stock Exchange earlier this ...
French energy company Engie (ENGIE.PA) reported on Friday that its first-quarter earnings fell by 3.2%. The decline was attributed to a warmer-than-usual winter, which reduced demand for natural gas, and a decrease in price volatility, despite an increase in hydropower ...
Retail favorites GameStop and AMC continued their decline in premarket trading on Thursday as the excitement over the return of “Roaring Kitty,” the central figure in the 2021 meme stock rally, diminishes. Shares of the struggling video game retailer GameStop ...