Beer boosts cross-category sales for grocery stores, study finds
If grocery stores start selling beer, do sales increase across other categories of products too? New research suggests that may very well be the...
US auto market rebounds: hybrids and EVs drive growth amid changing policies
The US auto market recovered strongly in 2024. It was the best sales year since 2019.
Total new vehicle sales rose by 2.7%, reaching nearly...
Softchoice agrees to WWT’s C$1.8 billion buyout offer
Softchoice, a Toronto-based software and cloud services provider, has agreed to be acquired by World Wide Technology (WWT) for around C$1.8 billion (approximately $1.25...
21 US states to raise minimum wage in 2025: what it means for workers
Minimum wage increases across America will benefit millions of workers in 2025. What are the key changes, the driving forces behind these wage hikes,...
European venture capital: driving innovation and redefining growth
The performance of European venture capital funds has been impressive, achieving net returns of at least 20% per year over a 10-year horizon. They...
Volkswagen strikes agreement to secure German plant operations
The world’s largest carmaker, Volkswagen AG, has reached a significant agreement titled “Zukunft Volkswagen” (Future Volkswagen) with employee representatives, ensuring the continuation of production...
VW agrees not to close sites or lay off employees for operational reasons
Volkswagen and Germany’s largest union, IG Metal, have wrapped up negotiations and finally come to an agreement over a dispute which threatened to close...
Vultr raises $333M to scale GPU fleet amid AI cloud computing boom
Vultr, a privately-held cloud infrastructure provider based in West Palm Beach, Florida, announced fresh funding this week that puts the company’s valuation at $3.5...
Databricks raises $10 billion, soars to $62 billion valuation
Databricks announced plans to raise a mammoth $10 billion at a $62 billion valuation, marking one of the largest private funding events in recent...
Honda and Nissan rumored to be in merger talks
Honda and Nissan are rumored to be in merger talks which could also bring Mitsubishi into the fold, according to a recent report by...