Firm Management
US Intelligence Alerts Defense and Logistics Firms of Rising Russian Sabotage Tactics
US intelligence warns defense firms of rising Russian sabotage, urging increased security as attacks target European companies and threaten US operations.
Morgan Stanley Offers Wealth Management Services to Founders and Employees of near-IPO Startups
Morgan Stanley targets employees of near-IPO startups for wealth management, by using their partnership with Carta to offer financial guidance during liquidity events.
Nestle to Boost Marketing Spend to 9% Following $2.8B Cost-Cutting Efforts
Nestle plans to cut costs by $2.8B, boost marketing to 9% of sales, and reorganize its water and beverage businesses by 2025 to recover financial losses.
Ben & Jerry's Sues Parent Company, Unilever, for Silencing Their Support Statements on Gaza
Ben & Jerry's sues Unilever, alleging censorship of its statements on Gaza, claiming violations of its independent board's rights and its social mission.
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The Indonesian government ensures that 50,000 Sritex employees will not lose their jobs despite the company's bankruptcy.
The US commercial real estate sector seeks to preserve Trump-era tax cuts as it faces record vacancies, high financing costs, and looming $1 trillion debt.
Disney plans to announce a new CEO successor by early 2026, with James Gorman taking over as chairman of the succession planning committee in January 2025.
ByteDance fired an intern for allegedly sabotaging its AI model, Doubao, though the company claims the damage reports are exaggerated.