All articles tagged with #corporate news
UPS plans to eliminate about 30,000 jobs in 2026 while closing 24 facilities to help save about $3 billion as it separates from Amazon, with attrition and a second voluntary separation program for full-time drivers.
Marc Carena has been appointed Global President of Mars Petcare, promoted from leading Mars Snacking Europe, Central Eurasia & International Travel Retail. The move places him in charge of a $30 billion petcare portfolio that includes brands like ROYAL CANIN, PEDIGREE, WHISKAS and the company’s veterinary networks, succeeding Loïc Moutault as the top executive for the division.
Arm's stock price declined despite the release of a support update for Microsoft Windows 11, indicating that the market reaction may not be directly influenced by the update itself.
Warner Bros Games is undergoing a strategic refocus with recent leadership changes aimed at revitalizing its gaming division and adapting to industry shifts.
US stocks opened higher as Wall Street looks to continue its record-setting run, with the S&P 500, Dow Jones, and Nasdaq rising. Economic data showed a rebound in durable goods orders, and attention turned to US consumer confidence and upcoming inflation data. Former President Donald Trump's social media company made its Wall Street debut, while Reddit's post-IPO rally continued. Hershey's stock is down as cocoa prices hit record highs, and Under Armour's leadership team may see further changes as returning CEO Kevin Plank looks to make adjustments.