Many Companies Would Announce Earnings Quarterly, Ditch Filings Under SEC Proposal
In a survey, most firms said they would still report their financials four times a year but do fewer government filings given the option to file semiannually.
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ArcelorMittal Says Two Killed in Missile Strike on Ukraine Facility
One member of staff and one contractor were killed and 13 others were injured in the strike on a facility belonging to ArcelorMittal Kryvih Rih over the weekend.
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American Luxury Brands Have a Secret Weapon: $12 Tennis Socks
Coach and Ralph Lauren are still growing because they understand what middle-class shoppers can afford.
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Alibaba to Sell Videogame Business for at Least $1.5 Billion
Alibaba Group is selling its videogame arm in a deal worth at least $1.5 billion, as the Chinese company shifts its focus to artificial intelligence.
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AstraZeneca Ends Phase 3 Lung Cancer Drug Trial After Review
A committee said the volrustomig combination was unlikely to reach either of the primary endpoints for the trail, but the company said other Phase 3 volrustomig trials would continue as planned.
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How Burger King Revamped Its Whopper and Overtook Wendy's
The burger's overhaul, overseen by a corporate chef who had already worked magic at Popeyes, is helping propel a comeback.
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K-Beauty Has Conquered the World. China's Proya Wants C-Beauty to Be Next.
Proya Cosmetics will start selling its flagship brand in the U.S. via a partnership with retailer Ulta Beauty.
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Geely Auto's Exports Cushion Weak Chinese Demand as Profit Slips
Strong overseas sales and a better product mix helped Geely improve margins amid weaker auto demand in China.
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Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter
Proceeds from loans made by Walter's insurers passed through firms purportedly controlled by each of these four entities.
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Open-Weight AI Won't Crimp Demand for Picks and Shovels
Some of the artificial intelligence boom's biggest beneficiaries can cash in whether open models proliferate or not.
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Big Manufacturers Find New Demand in Equipping AI Data Centers
Companies such as Caterpillar and Cummins are pivoting to feed a booming market for once-prosaic machinery.
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Ford, GM Are Locked in a New Battle Over Who's the Most American Carmaker
America's trade war has left its two largest automakers sparring over favorable tariffs on imports, batteries and more.
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Trump Family's World Liberty Financial Gets Preliminary Approval to Launch a Bank
The Office of the Comptroller of the Currency gives the flagship crypto venture a conditional approval to be a trust bank.
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U.S. Urges Apple Not to Buy Chinese Memory Chips
Commerce Secretary Howard Lutnick urged the iPhone maker to find other solutions to the AI-driven chip supply crunch.
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Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
Investors are worried about the chipmaker's risk exposure as it wields its balance sheet to bolster demand for its AI chips.