Due to challenges with new construction, hotel firm executives have been looking into acquiring residential and office buildings to transfer into hotels.
US appeals court has overturned an SEC oversight rules for private equity and hedge funds. The rule was aimed at creating more transparency about private funds to its investors.
The Wall Street Journal has reported that NBA could soon close a rights deal with ESPN, Amazon and NBC worth a total of $76 billion.
The maker of Jack Daniels has beaten the quarterly financial results, as the demand for the drink has continued to remain strong despite recent price hikes.
Hourly wage workers of Walmart are set to receive a first time ever bonus payment. Pay bonuses could be received by nearly 700,000 employees.
The retailer Dollar Tree has revealed that the company has been looking for ways to sell off its spinoff firm Family Dollar.
Due to a recovery of demand, Campbell Soup has increased its annual sales expectations.
The tech giant Alphabet has hired former Eli Lilly employee Anat Ashkenazi as the CFO of the firm. The two decade veteran employee of Eli Lilly is set to oversee Google's AI finances.
Results of a poll done by Reuters have revealed that the markets expect the Federal Reserve to cut interest rates two times during 2024. The first cut should occur in September.
A European court has ruled that McDonalds cannot use the term Big Mac for poultry products, as it has not been in use for five consecutive years.
Reuters has reported that a former Meta engineer has sued the company claiming that he was fired due to how he handled Gaza content.
The CEO of Tesla Elon Musk has revealed that the company is set to spend between $3 and $4 billion on hardware bought from NVidia.
Reuters has reported that the electric vehicle producer Nio has received government approval to build a third factory in China.
In May, Volvo Cars sales increased by 13%, as the company has experienced a boom in sales of electric vehicles.
The owner of Zara, Inditex has reported an increase in sales in the period of spring, as consumers have reportedly refreshed their wardrobes.
After public backlash, The UK Financial Conduct Authority has decided to decrease the scope of its plans to name companies that are under investigation.
Euro Zone business activity has surged at a rate not observed for a year, as services sector expansion outweighed the decline in manufacturing.
The activist investment firm Elliot Management has revealed that it has rebuilt its SoftBank Group position to more than $2 billion.
The administration of the US President Joe Biden has been in talks with major tech companies about investment in climate-friendly power generation, as the tech firms are blamed for increasing demand for power.
Hewlett Packard Enterprise has increased its third quarter revenue estimates above market consensus forecast, as the firm is experiencing high demand for AI servers.
During the month of May, auto sales of Ford increased in the United States by 11%, compared to May of 2023. Most increase of demand has been observed in the crossover SUV and pickup truck segments.
The beauty and skincare company Bath & Body Works has reduced its full-year profit expectations below market estimates. The firms expects a decline in sales of body care products and scented candles.
Toyota Motor Corporation has announced the recall of 100,000 vehicles in the United States due to potential engine stalling issue.
Due to an ongoing decline in crop prices, US farmers have continued to plant more soy instead of corn, as soy has the same price as corn, but lower production costs.