All articles tagged with #corporate
Originally Published 3 days ago — by Rio Tinto
Rio Tinto and Glencore are in preliminary discussions about a potential merger, possibly involving an all-share deal, but no firm offer has been made yet, and the outcome remains uncertain.
Originally Published 6 days ago — by Financial Times
The United States has secured exemptions from the new global minimum corporate tax rules, allowing it to avoid certain tax obligations under the international agreement aimed at setting a minimum corporate tax rate.
Originally Published 8 days ago — by Financial Times
An investor is urging Japanese corporations to move past the psychological and economic impacts of the bubble-era, encouraging a focus on future growth and stability.
Originally Published 10 days ago — by WSB-TV
Coca-Cola is laying off 75 workers at its Atlanta corporate headquarters as part of its restructuring efforts, with the company predicting a drop in profit this year.
Originally Published 27 days ago — by Financial Times
Shell's mergers chief has left the company after the CEO blocked a proposed bid for BP, highlighting internal disagreements over strategic acquisitions.
Originally Published 2 months ago — by Variety
Amazon plans to lay off up to 30,000 corporate employees, nearly 10% of its workforce, as part of cost-cutting measures and to adapt to AI-driven efficiency improvements, just before its quarterly earnings report.
Originally Published 3 months ago — by Financial Times
PepsiCo's sales volumes have declined following the departure of its finance chief after less than two years in the role, indicating potential challenges within the company's leadership or market performance.
Originally Published 3 months ago — by Intercontinental Exchange
Intercontinental Exchange (ICE) announced a strategic investment of up to $2 billion in Polymarket, a prediction market platform, valuing it at approximately $8 billion pre-investment. ICE will also distribute Polymarket’s data globally to institutional investors and collaborate on future tokenization initiatives, aiming to integrate prediction markets into mainstream finance.
Originally Published 6 months ago — by Bloomberg.com
The article discusses speculation about whether Apple will replace its CEO Tim Cook and who might succeed him, highlighting ongoing leadership questions at the tech giant.
Originally Published 6 months ago — by Financial Times
Apple has appointed a new chief operating officer, marking a significant leadership change within the company.
Originally Published 6 months ago — by Yahoo Finance
Apple and Meta are increasingly integrating AI into their business strategies, with Apple considering external AI technology for Siri and Meta aggressively recruiting top AI talent, signaling a shift to AI's 'corporate phase' focused on market integration, dealmaking, and competition among tech giants.
Originally Published 6 months ago — by Seeking Alpha
Amazon is requiring some of its corporate employees to relocate to cities like Seattle, Arlington, and Washington DC to be closer to their managers and teams, which may involve significant moves.
Originally Published 7 months ago — by CNBC
Despite Elon Musk ending a government cost-cutting initiative, many companies in the US are announcing layoffs due to economic pressures, trade tensions, and investments in AI, with notable firms like Procter & Gamble, Microsoft, Citigroup, Walmart, Klarna, CrowdStrike, Disney, Chegg, Amazon, and Warner Bros. Discovery reducing their workforce to cut costs and adapt to changing market conditions.
Originally Published 1 year ago — by The New York Times
The cost of ensuring the safety of CEOs is rising, reflecting increased spending on security measures to protect corporate leaders.
Originally Published 1 year ago — by The Daily Beast
Disney CEO Bob Iger dismisses Elon Musk's criticism of the company's "wokeness" and pledges to ignore it, stating that it has no relevance to the company or himself. Iger emphasizes that Disney is focused on producing entertaining content and fostering acceptance and understanding, rather than incorporating political messaging into its work.