H&M plans to increase its discounted offerings in the second half of this year to regain lost customers.
Industry
Nokia Buys Infinera for $2.3 Billion as It Prepares for AI Data Center Boom
Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.3 billion. Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.
Toblerone Continues to Sweeten Russia's Shelves Despite US Maker Mondelez Halting Imports: Report
Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports.
Nike to Launch $100 Sneaker Line After Surprise Drop in Sales Sends Shares Plummeting to Worst Day on Record
Nike is set to introduce a new line of sneakers priced at $100 or less globally to revive its sales amid declining shares.
United Airlines Denies Removing Woman From Flight for Misgendering Staff Member
United Airlines has refuted an American mother's claim that she was kicked off a flight after she mistakenly misgendered a flight attendant.
Latest News
Boeing's ongoing financial and production issues will not deter its workers from holding a strike.
The US Food and Drug Administration (FDA) urged drugmakers and medical device manufacturers to improve racial and cultural diversity in clinical trials.
Holoconnects, a hologram tech firm headquartered in the Netherlands, provided Crescent Regional Hospital in Texas with a state-of-the-art 3D technology called "Holobox."
The Hollywood film and television crew union has reached a tentative three-year agreement with top studios.
American Electric Power has named Bill Fehrman its new chief executive officer. American Electric Power (AEP) has named Bill Fehrman its new chief executive officer, effective August 1, 2024.
A coalition of 26 state attorneys general has filed a lawsuit against the Biden administration's new fuel economy rules.
NASA selected SpaceX as the provider of a deorbit vehicle that would control the International Space Station’s reentry into the Earth’s atmosphere upon its retirement in 2030.
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.
