Business - Page 7

Heineken to Cut 6,000 Jobs as Global Beer Demand Weakens Business

Heineken to Cut 6,000 Jobs as Global Beer Demand Weakens

Heineken announces plans to cut up to 6,000 jobs over two years as beer volumes decline and the brewer accelerates AI-driven cost savings under its EverGreen 2030 strategy.

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Novo Nordisk Sues Hims & Hers Over Wegovy Patent Infringement Business

Novo Nordisk Sues Hims & Hers Over Wegovy Patent Infringement

Novo Nordisk files patent infringement lawsuit against Hims & Hers over compounded Wegovy and Ozempic copies, seeking a permanent ban and hundreds of millions in damages.

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Washington Post CEO Will Lewis Resigns After Mass Layoffs Business

Washington Post CEO Will Lewis Resigns After Mass Layoffs

Washington Post CEO Will Lewis steps down days after laying off one-third of staff, as the storied newspaper faces financial crisis and leadership turmoil.

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SpaceX and xAI Merge in Largest Deal in History at $1.25 Trillion Valuation Business

SpaceX and xAI Merge in Largest Deal in History at $1.25 Trillion Valuation

Elon Musk combines his rocket company SpaceX with AI startup xAI in a record-breaking $1.25 trillion merger, the largest corporate deal ever, ahead of a planned mid-2026 IPO.

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New START Nuclear Treaty Expires: End of 50-Year Arms Control Era Business

New START Nuclear Treaty Expires: End of 50-Year Arms Control Era

The last nuclear arms control agreement between Russia and the United States officially expired today, marking the first time since the 1970s that the two powers face no legal limits on their arsenals.

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Texas Instruments to Acquire Silicon Labs for $7.5 Billion Business

Texas Instruments to Acquire Silicon Labs for $7.5 Billion

Texas Instruments announces $7.5 billion all-cash acquisition of Silicon Labs, its largest deal in over a decade.

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Palantir Q4 Earnings Crush Wall Street Estimates as AI Demand Drives Record Growth Business

Palantir Q4 Earnings Crush Wall Street Estimates as AI Demand Drives Record Growth

Stock jumps 12% as data analytics giant reports 70% revenue growth, $1.41B quarterly revenue, and smashes 2026 guidance with projected 61% annual growth.

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Apple Reports Record Q1 2026 Earnings as iPhone 17 Sales Surge Business

Apple Reports Record Q1 2026 Earnings as iPhone 17 Sales Surge

Apple posts $143.8 billion quarterly revenue with iPhone sales surging 23%, driven by strong iPhone 17 demand and 38% growth in China.

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Southwest Airlines Stock Surges 12% on Strong 2026 Profit Forecast Business

Southwest Airlines Stock Surges 12% on Strong 2026 Profit Forecast

Southwest Airlines stock jumps 12% after forecasting $4 EPS for 2026, far exceeding analyst expectations, as new seating and bag fees drive transformation.

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South Korea KOSPI Shatters 5,000 Barrier for Second Straight Day Business

South Korea KOSPI Shatters 5,000 Barrier for Second Straight Day

South Korea's KOSPI index closes at record 5,170 points, gaining over 22% in a month as semiconductor giants SK Hynix and Samsung surge.

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Trump Raises Tariffs on South Korea to 25% Over Trade Deal Dispute Business

Trump Raises Tariffs on South Korea to 25% Over Trade Deal Dispute

Trump announced a tariff hike from 15% to 25% on South Korean goods, citing delays in ratifying a $350 billion trade deal reached last year.

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AI Startup Synthesia Raises $200 Million at $4 Billion Valuation Business

AI Startup Synthesia Raises $200 Million at $4 Billion Valuation

London-based Synthesia raises $200M Series E led by Google Ventures and Nvidia, nearly doubling valuation to $4 billion as enterprise AI demand surges.

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