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October 1, 2024Search
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Struggling Nissan Shuffles Executive Team
Nissan is overhauling its executive bench, seeking to bring in new talent to turn around the Japanese carmaker that’s facing eroding profits and a dearth of revenue-generating products.
December 11, 2024US Considers New Russia Oil Sanctions to Weaken Putin
The Biden administration is weighing new, harsher sanctions against Russia’s lucrative oil trade, seeking to tighten the squeeze on the Kremlin’s war machine.
December 11, 2024Hershey’s Main Owner Rejects Mondelez’s Offer as Too Low
The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said.
December 11, 2024More Alleged Participants Indicted in Staged Truck Accidents
An indictment in a New Orleans-area scheme to stage crashes with tractor-trailers names two law firms, two individual attorneys and multiple participants in a sweeping conspiracy.
December 11, 2024Hershey Could Be More Open to Mondelez Takeover
Mondelez International’s latest overture to Hershey underscores the challenges posed by high cocoa prices and penny-pinching consumers, which could make the company more open to a deal.
December 11, 2024Continental CFO to Step Down for Mercedes Role
Continental AG Chief Financial Officer Olaf Schick will step down from his post next year to join carmaker Mercedes-Benz Group AG.
December 11, 2024Exxon Raises Capital Spending as Worldwide Oil Glut Looms
Exxon Mobil will raise capital spending next year as its $60 billion purchase of Pioneer Natural Resources increases its oil production plans, threatening to worsen an expected crude glut.
December 11, 2024OPEC Makes Deepest Cut Yet to 2024 World Oil Demand Forecast
OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs.
December 11, 2024Samsara Expands AI Offerings With New Intelligence Suite
The latest tool comprises Samsara Assistant, a generative AI tool that provides instant answers to questions, and Intelligent Experiences, which offers AI-driven recommendations.
December 11, 2024