Industry

Nestlé Terminates CEO Laurent Freixe After Rule-Breaking Relationship Surfaces

Nestlé Terminates CEO Laurent Freixe After Rule-Breaking Relationship Surfaces

Nestlé fires CEO Laurent Freixe over undisclosed relationship with a subordinate, appoints Philipp Navratil as his replacement.


Drugmakers Warn Trump's Import Tariffs Could Trigger Shortages in US

Drugmakers warn Trump's proposed tariffs on imported medicines could raise prices and cause shortages across the U.S.

US Consumer Tech Spending Rises in July Despite Inflation, Tariff Concerns

American consumers kept spending in July despite rising inflation, but looming tariffs and slower growth could test household resilience in the months ahead.

Spirit Airlines Files for Bankruptcy Again Just Months After Rebound

Spirit Airlines files for bankruptcy again just months after exiting Chapter 11, citing ongoing financial struggles and weak travel demand.


Latest News

YouTube and Fox Settle Negotiations, Preventing Blackout of Popular Channels
YouTube and Fox reach a deal to keep Fox News, Sports, and other channels on YouTube TV, avoiding a blackout for millions of viewers.
Taco Bell
Taco Bell admitted that AI is not as effective as humans when operating a drive-thru after going through two million orders to test the tech.
Kroger Slashes Corporate Workforce in Third Round of Job Cuts
Kroger cuts nearly 1,000 corporate jobs in its third round of 2025 layoffs to streamline operations and lower grocery prices.
Lidl Expands US Presence While Focusing on Low-Cost, High-Efficiency Model
Lidl expands in the U.S., offering low prices, efficient stores, and new household and gardening bargains hitting shelves today.
Childhood Favorite Claire’s to Close Nearly 300 Stores After Bankruptcy
Claire's is closing nearly 300 stores across the U.S. following bankruptcy, marking the end of an era for a beloved childhood retailer.
Warner Bros Appoints Former Discovery Exec Brad Singer as CFO
Warner Bros. names former Discovery exec Brad Singer as CFO ahead of its 2026 corporate split.
GM Pulls Thousands of Corvettes After Fuel Leak Found Above
GM recalls over 23,000 Chevrolet Corvettes due to a fuel leak above the radiator fan that could pose a fire risk.
Trump Media Partners With Crypto.com in $1 Billion CRO Crypto
Trump Media partners with Crypto.com in a $1B CRO treasury deal, boosting Truth Social's crypto plans and expanding Trump's digital asset empire.
Cracker Barrel Returns to ‘Old Timer’ Logo After Losing $143
Cracker Barrel is bringing back its classic "Old Timer" logo after backlash and a $143 million market value loss.
Honda, Acura Vehicles Under NHTSA Investigation After Hundreds of Engine
NHTSA is investigating over 1.4 million Honda and Acura vehicles after drivers reported sudden engine failures.
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