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All the latest news on companies in the world - mergers, bankruptcy, recalls, debt, recovery, profit, sales
Companies | LATEST STORIES
GE Appliances to Invest Nearly $500 Million to Reshore Washer-Dryer Production in Kentucky
The company was purchased by China-based multinational home appliance and consumer electronics manufacturer Haier in 2016.
Nestlé to Remove Synthetic Colors From US Products
Conagra, Kraft Heinz, and Sam’s Club announced similar measures this month.
PayPal Inks NIL Revenue-Sharing Deals With Big Ten, Big 12 for Student Athletes
The deal follows the historic NCAA-Power Five settlement in federal court earlier this month.
Bumble Announces 240 Layoffs in $40 Million Cost-Saving Move
Dating app’s reorganization follows leadership shake-up and continued stock market struggles.
Bipartisan Lawmakers Look to Bar Chinese, Russian AI Tools From Federal Use
Following an investigation into DeepSeek, members of the House Committee on the CCP are looking to protect US agencies from foreign adversaries.
FedEx Lowers Earnings Outlook as Volume From China ‘Deteriorated Sharply’
In the fiscal fourth quarter, the company adjusted its network to match shifting demand, cutting Asia-to-America lane capacity by more than 35 percent in May.
Louisiana AG Files 3 Lawsuits Against CVS Alleging Unfair, Deceptive, and Unlawful Practices
The lawsuits allege the company’s actions have harmed Louisiana patients, independent pharmacies, and the general public.
FTC Restricts Political Boycotts by Ad Agencies
Omnicom and Interpublic were barred from using ‘exclusion lists.’ Conservatives had said that the media infrastructure steers ad money to progressive brands.
Australian Public Broadcaster Ordered to Pay $70,000 for Unlawful Dismissal of Radio Host
The court found ABC dismissed Lattouf for expressing political views after she reposted claims Israel was weaponising starvation during the Gaza conflict.
Ford Recalls Nearly 200,000 Electric SUVs Over Door Latch Issue
The company states that the issue could ‘possibly trap someone unable to use the inside door release handles, such as a child in the back seat.’
Compass Sues Zillow, Alleging ‘Anticompetitive Tactics’ in Home Listings
The lawsuit also accuses real estate brokerages Redfin and eXp Realty of working with Zillow in the alleged tactics.
Amazon Accelerates Plans to Expand Same-Day Delivery to Rural America
Over the past few years, Amazon has been transforming its rural delivery stations into hybrid hubs that serve multiple functions.
FTC Approves Merger Creating World’s Largest Media-Buying Ad Agency, Warns Against Censorship
The companies involved in the merger have previously faced accusations of blocking clients from advertising on X.
eSafety Commissioner Pushes to Include YouTube in Under-16 Social Media Ban
The commissioner has formally written to Minister Wells urging a review of YouTube’s exemption.
Big Data Centers Are Booming, but Secret Deals Draw Local Opposition
With hundreds of projects before local planners, nondisclosure pacts and tax incentives are spurring suspicion among local residents.
Fed Drops ‘Reputation Risk’ From Bank Exams Amid Backlash to Debanking
The move aligns with the GOP push to curb financial discrimination and joins similar actions by other bank regulators.
Tesla Shares Jump More Than 8 Percent After Robotaxi Launch
Tesla officially launched the Robotaxi platform to a limited group of people in Austin, Texas, on June 22.
GE Appliances to Invest Nearly $500 Million to Reshore Washer-Dryer Production in Kentucky
The company was purchased by China-based multinational home appliance and consumer electronics manufacturer Haier in 2016.
Nestlé to Remove Synthetic Colors From US Products
Conagra, Kraft Heinz, and Sam’s Club announced similar measures this month.
PayPal Inks NIL Revenue-Sharing Deals With Big Ten, Big 12 for Student Athletes
The deal follows the historic NCAA-Power Five settlement in federal court earlier this month.
Bumble Announces 240 Layoffs in $40 Million Cost-Saving Move
Dating app’s reorganization follows leadership shake-up and continued stock market struggles.
Bipartisan Lawmakers Look to Bar Chinese, Russian AI Tools From Federal Use
Following an investigation into DeepSeek, members of the House Committee on the CCP are looking to protect US agencies from foreign adversaries.
FedEx Lowers Earnings Outlook as Volume From China ‘Deteriorated Sharply’
In the fiscal fourth quarter, the company adjusted its network to match shifting demand, cutting Asia-to-America lane capacity by more than 35 percent in May.
Louisiana AG Files 3 Lawsuits Against CVS Alleging Unfair, Deceptive, and Unlawful Practices
The lawsuits allege the company’s actions have harmed Louisiana patients, independent pharmacies, and the general public.
FTC Restricts Political Boycotts by Ad Agencies
Omnicom and Interpublic were barred from using ‘exclusion lists.’ Conservatives had said that the media infrastructure steers ad money to progressive brands.
Australian Public Broadcaster Ordered to Pay $70,000 for Unlawful Dismissal of Radio Host
The court found ABC dismissed Lattouf for expressing political views after she reposted claims Israel was weaponising starvation during the Gaza conflict.
Ford Recalls Nearly 200,000 Electric SUVs Over Door Latch Issue
The company states that the issue could ‘possibly trap someone unable to use the inside door release handles, such as a child in the back seat.’
Compass Sues Zillow, Alleging ‘Anticompetitive Tactics’ in Home Listings
The lawsuit also accuses real estate brokerages Redfin and eXp Realty of working with Zillow in the alleged tactics.
Amazon Accelerates Plans to Expand Same-Day Delivery to Rural America
Over the past few years, Amazon has been transforming its rural delivery stations into hybrid hubs that serve multiple functions.
FTC Approves Merger Creating World’s Largest Media-Buying Ad Agency, Warns Against Censorship
The companies involved in the merger have previously faced accusations of blocking clients from advertising on X.
eSafety Commissioner Pushes to Include YouTube in Under-16 Social Media Ban
The commissioner has formally written to Minister Wells urging a review of YouTube’s exemption.
Big Data Centers Are Booming, but Secret Deals Draw Local Opposition
With hundreds of projects before local planners, nondisclosure pacts and tax incentives are spurring suspicion among local residents.
Fed Drops ‘Reputation Risk’ From Bank Exams Amid Backlash to Debanking
The move aligns with the GOP push to curb financial discrimination and joins similar actions by other bank regulators.
Tesla Shares Jump More Than 8 Percent After Robotaxi Launch
Tesla officially launched the Robotaxi platform to a limited group of people in Austin, Texas, on June 22.