A bombshell report by famed activist short-selling firm Hindenburg Research plummeted Roblox’s stock by as much as 9% in intraday trading after it accused the company of overinflating its user metrics and fostering an unsafe environment for underage users.
The...
McDonald’s has big beef with its meat distributors. This past Friday, the billion dollar fast-food chain filed a lawsuit against major meat processing companies, including Cargill, JBS, and Tyson Foods.
The restaurant famous for the Golden Arches and Happy Meals...
The U.S. Environmental Protection Agency has reached a tentative $4.2 settlement with a firm that owned and operated a major East Coast refinery that was shuttered after an explosion and fire in 2019.
The deal with Philadelphia Energy Solutions was...
The U.K. arm of Mars Wrigley Confectionery, the parent company behind well-known chocolate brands like Snickers, Bounty, and M&M’s, has a reason to celebrate—its profits doubled in one year.
In earnings filed with Companies House on Friday, Mars U.K. revealed...
Home Depot Inc. will begin requiring corporate employees to work a full day at one of its stores every quarter, a move the company said is aimed at supporting its retail staff.
Employees, including senior management and remote workers, will...
China’s markets saw their biggest single-day drop since 2008 on Tuesday as markets reopened after the Golden Week holidays, setting off a ripple effect through Europe. Meanwhile, U.S. markets were nearing their September records as tech stocks saw major...
If you’re looking for a jump start into the business world, but are unclear of what job pathway to take—then pursuing a career as a product manager may be worth considering.
The occupation is not only highly competitive but also...
Historically, it’s been rare to have an external CEO appointment. It pays off that incoming CEOs who are promoted internally have been at the company for an established amount of time, have relationships with their colleagues at the company...
France’s wine production for 2024 is seen dropping 22% in 2024 due to bad weather across all growing areas.
Output in the world’s top wine producer is likely to be 37.5 million hectoliters this year, which is also 15% below the five-year...
Sixth Street has invested $130 million in atVenu, which processes $1.6 billion in food, beverage and merchandise each year at live events. The private equity firm will have a “meaningful stake” in atVenu, according to Michael McGinn, a Sixth...
