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L3Harris names Sam Mehta as new CEO after Kubasik misconduct finding
L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after…
Icahn Enterprises sells Pep Boys to Mavis in $700M auto services deal
Icahn Enterprises on Tuesday announced that the company reached a deal to sell Pep Boys…
Beyond Meat shares surge 146% after expanded Walmart deal and MEME ETF addition
It’s been a wild two days for Beyond Meat investors, with shares jumping over 146%…
Merck breaks ground on Virginia manufacturing facility
Merck on Monday announced the groundbreaking of its new Virginia pharmaceutical manufacturing facility, a cornerstone…
BlackRock celebrates fastest growing bitcoin ETFs reaching $100B
BlackRock, the world’s largest asset manager overseeing $10 trillion, took a victory lap this week,…
Nestle to cut 16,000 jobs over 2 years under new CEO Philipp Navratil
Nestle, the world’s largest packaged-food company, is trimming its workforce by 16,000 over the next…
GM expects $1.6 billion hit after federal EV tax credit program ends
General Motors said Tuesday that it plans to take a $1.6 billion charge in the…
ETF industry breaks $1T inflow record
The theme song for the exchange-traded fund industry could very well be Frank Sinatra’s "It…
JPMorgan raises full-year forecast after beating Q3 profit expectations
JPMorgan Chase raised its full-year forecast for net interest income on Tuesday, after strong performance…
Goldman Sachs beats profit expectations on investment banking surge
Goldman Sachs beat Wall Street expectations for third-quarter profit on Tuesday, as its investment bankers…
Direxion dominates ETF leaderboard with half of top 10 performers
A familiar face is dominating the exchange-traded fund leaderboard, with more than half of the…
JPMorgan unveils $1.5T ‘Security and Resiliency Initiative’
JPMorgan Chase on Monday unveiled a sweeping $1.5 trillion, decade-long initiative to strengthen industries vital…
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