E. coli outbreak in the US linked to McDonald’s Quarter Pounders
The CDC and FDA are investigating a US E. coli outbreak linked to McDonald's Quarter Pounders.
The CDC has identified 49 E. coli cases across...
Starbucks same-store sales declined 7% in 2024 Q4
Starbucks reported another drop in sales on Tuesday and suspended its guidance for fiscal year 2025, citing recent leadership changes and the need to...
Mercedes-Benz launches Europe’s first plant to reclaim 96% of battery materials
Mercedes-Benz has opened the first battery plant in Europe featuring an integrated mechanical-hydrometallurgical process.
The new plant opens in Küppenheim, southern Germany. The plant can...
Microsoft has announced new features for Copilot Studio
Microsoft has announced new features for its AI platform Copilot Studio.
The company is adding "autonomous agents" that are designed to automate business tasks.
What do...
Disney appoints James Gorman as new Chairman amid leadership transition
The Walt Disney Company announced significant leadership changes on Monday.
The conglomerate will appoint James Gorman, former CEO of Morgan Stanley, as Charman of the...
Sanofi sells 50% of Opella to CD&R, Bpifrance takes 2% stake
Sanofi, the largest pharmaceutical company in France, will sell half of its consumer healthcare division, Opella, to American private equity firm Clayton, Dubilier &...
Boeing workers to vote on new proposal offering 35% pay rise over four years
Boeing workers on the West Coast have been on strike since last month after rejecting a deal that would have given them a 25%...
UK fast-fashion retailer Boohoo reviews options for its future
In a business update, online British fashion retailer Boohoo announced that it is reviewing options for its future, with chief executive John Lyttle stepping...
Volvo AB reported disappointing third-quarter results
Swedish truck and construction equipment maker Volvo AB reported disappointing third-quarter results.
According to the company, in Q3 2024, its operating income was 14.1 billion...
Netflix reported revenue of $9.8 billion for Q3 2024
Netflix reported revenue of $9.8 billion for Q3 2024, up 15% year-over-year, surpassing what Wall Street analysts had expected.
Operating income reached $2.91 billion,...