Browsing: Business
Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes…
The Associated Press said Monday that it is cutting less than 5% of its global workforce amid shrinking newspaper readership and advertising declines — the latest cuts to hit the…
David Ellison-run Paramount Skydance has reportedly signed deals to get nearly $24 billion from three Gulf wealth funds to help back its acquisition of Warner Bros. Discovery. Saudi Arabia’s Public…
JPMorgan Chase CEO Jamie Dimon issued a thinly veiled warning to New York City Mayor Zohran Mamdani on Monday, saying crushing taxes and red tape are already sparking a “large…
Oil prices seesawed Monday morning as the next stage of the Iran war remained unclear — with President Trump threatening heavy attacks but reports indicating regional mediators are working on a…
Anthropic CEO Dario Amodei’s volatile personality and penchant for public rants has sparked growing concerns among the AI giant’s shareholders – some of whom fear he’s ill-equipped to steer the…
The screenwriters union and Hollywood studios reached a surprise four-year tentative agreement after roughly three weeks of negotiation. The Writers Guild of America West said on X that its negotiating…
Struggling California winemaker E. & J. Gallo Winery has made a bold play for the liquor industry following its acquisition of a bourbon brand based in Kentucky in a deal…
OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as its key members…
Global financial platform Marex is on the move. The firm will leave 2 Grand Central Tower for Rudin’s 560 Lexington Ave., where it will have 39,552 square feet. The asking…