Business

Kering Sells Beauty Unit to L’Oréal for €4 Billion

Deal Marks Strategic Shift Under New CEO Luca de Meo Gucci owner Kering has agreed to sell its beauty business to L’Oréal for 4 billion euros ($4.66 billion), marking a...

Early Peanut Feeding Prevents Thousands of Allergies, Study Finds

New Evidence Shows Major Drop in Childhood Peanut Allergies Since 2015 Nearly a decade after a landmark study overturned...

Trump Plans Second Putin Meeting as Ukraine Talks Intensify

President Donald Trump is accelerating his diplomatic push to end the war in Ukraine, announcing a second meeting...

United CEO Warns Government Shutdown Could Hit Travel Demand

United Airlines CEO Scott Kirby warned Thursday that the ongoing U.S. government shutdown could soon begin to hurt...

CDC Urges Vaccinations as U.S. Enters 2025–26 Virus Season

As temperatures drop and leaves turn golden, health experts are warning of a familiar seasonal threat: respiratory viruses....
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Mercedes-Benz Focuses on Cost-Cutting and Combustion Engines

Mercedes-Benz (MBGn.DE) announced on Thursday that it will implement further cost-cutting measures and prioritize petrol and diesel vehicles over electric vehicles (EVs) in its...

Abbott Forecasts 2025 Profit in Line With Estimates

Strong Device Demand Offsets China and Currency Challenges Abbott Laboratories (ABT) on Wednesday projected its 2025 profit to align with Wall Street estimates, citing strong...

Nippon Steel Considers Legal Action After US Steel Deal Blocked by Biden

Nippon Steel’s Response Nippon Steel is contemplating legal action against the U.S. government after President Joe Biden blocked its $14.3 billion bid to acquire U.S....

Samsung Kicks Off 2025 with Galaxy Fit 3 and Galaxy A16 5G Launch

Samsung is starting 2025 strong by bringing two of its latest gadgets to the U.S. market: the Galaxy Fit 3 fitness tracker and the...

Why Might Mondelez Still Be Sweet on Hershey?

Mondelez International has reportedly reignited its interest in acquiring Hershey, sparking a sense of déjà vu among market analysts. Bloomberg reported that Mondelez made...

China Launches Antitrust Probe Into Nvidia

China’s State Administration for Market Regulation has announced an antitrust investigation into Nvidia, alleging violations of the country’s anti-monopoly laws. The probe marks a...