Google Revamps EU Search Results to Meet Antitrust Rules
Google on Tuesday rolled out major changes to its search results in Europe to comply with EU antitrust regulators, warning that the measures could reduce search quality and increase costs for European businesses. The...
Keurig Dr Pepper Sells Chobani Stake for $925 Million
Keurig Dr Pepper has agreed to sell its entire investment in Chobani back to the yogurt maker for $925 million, marking another major step in its ongoing business restructuring. The deal includes the sale...
Aon to Buy USI Insurance Services for $17 Billion
Aon has agreed to acquire rival USI Insurance Services from private equity firm KKR for $17 billion, marking one of the biggest insurance brokerage deals in recent years. The transaction will significantly expand Aon’s...
PayPal Shares Slide After Advent-Stripe Takeover Bid Reportedly Ends
PayPal shares fell 13% in premarket trading on Friday after Bloomberg News reported that a consortium led by buyout firm Advent International and payments processor Stripe had abandoned its pursuit of the fintech company....
Dollar General Raises Sales Forecast as Value Shopping Gains
Dollar General raised its annual comparable-sales forecast on Thursday, signaling continued strength as cost-of-living pressures push consumers toward lower-priced essentials. The retailer now expects same-store sales to increase 2.5% to 2.9%, up from its...
Meta Settlement Leaves Core Business Intact
Meta Platforms has emerged from its biggest U.S. legal challenge with its core business largely intact after agreeing to pay up to $18 billion over a decade to settle claims brought by nearly all...
Alibaba Launches $10.2 Billion Share Sale to Fund AI Push
Alibaba shares fell sharply in Hong Kong on Monday after the Chinese e-commerce and cloud computing giant launched a $10.2 billion share sale to finance its artificial intelligence ambitions. The company is offering HK$80...
Uber Faces €825 Million GDPR Fine
The Dutch Data Protection Authority has fined Uber €825 million ($966 million) for allegedly violating European data protection rules by using automated systems to suspend or deactivate drivers without providing adequate information or meaningful...
Target’s Grocery Bet Gains Momentum, but Broader Spending Is Key
Target’s grocery strategy is showing early signs of success, with food and beverage sales rising 7% in the quarter ended August 1, marking the category’s fastest growth in three years. The retailer has expanded...
Estée Lauder Forecasts Stronger Profit on Luxury Beauty Demand
Estée Lauder expects fiscal 2027 adjusted earnings to beat Wall Street estimates, supported by resilient demand for premium fragrances and skincare, particularly in China. Shares rose nearly 8% in premarket trading after the cosmetics...