Industry
Unilever Unveils New $1.6 Billion Share Buyback Plan After Sales Volumes Rise
Unilever has unveiled a 1.5 billion euro ($1.6 billion) share buyback program for 2024 following an increase in sales volumes for the first time in 10 quarters.
Tesla Job Cuts Feared After Elon Musk's Firm Asks Managers Which Roles Are Most Important
Speculation about potential layoffs at Tesla has surfaced following a report that the electric vehicle maker instructed managers to identify critical roles on their team.
KFC-Parent Yum Brands Sales Miss Wall Street Expectations Amid Cautious US Consumer Spending, Middle East Conflict
Yum Brands, the parent company of fast-food brand KFC, reported lower-than-expected quarterly sales on Wednesday.
Disney Invests $1.5 Billion in ‘Fortnite’ Video Game Maker Epic Games
Disney is investing $1.5 billion in Epic Games, its biggest venture yet in the gaming industry. Disney announced on Wednesday that it will invest $1. 5 billion in Epic Games, marking its largest venture into the gaming industry to date.