US Shoppers Push Back on AI-Assisted Pricing as Lawmakers in 30 States Weigh Limits
Americans are already frustrated by high prices. Now many are also unsettled by how those prices are set. As grocery chains and restaurants adopt digital...
Category : Business
Business News
KFC Ends Four-Decade Pepsi Partnership, Signs Coca-Cola for 3,700 US Restaurants
One of the longest-running supply relationships in American fast food is coming to an end. KFC said on Thursday that its roughly 3,700 US restaurants...
Lufthansa Eyes Full Control of TAP Air Portugal After Winning First-Stage Bid
Lufthansa has taken a decisive step toward becoming the owner of Portugal’s national airline. Within a day of winning the first round of TAP Air...
Hyundai Commits $15.5 Billion to India as It Seeks to Win Back Ground in a Booming Car Market
Hyundai Motor Group has pledged $15.5 billion to India over the next seven years. It is one of the largest single commitments by a foreign...
Oil Stays Above $100 as Saudi Attacks Outweigh Russian Diesel Deal
Oil prices are holding close to $107 a barrel as traders weigh two forces pulling in opposite directions: deadly attacks on Saudi Arabia and a...
IonQ Agrees $1.3 Billion Deal for Elisity as the Quantum Race Moves Into Cybersecurity
IonQ, the quantum computing company, has agreed to buy the cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion. The move...
Schneider Electric Agrees $22.6 Billion Takeover of PTC in Largest Deal in Its History
PARIS — Schneider Electric has agreed to buy the US industrial software company PTC for about $22.6 billion in cash, a deal that ranks as...
Nvidia-Backed Firmus Prices Australian IPO at A$11 a Share in One of the Country’s Largest Listing
One of Australia’s biggest-ever stock market debuts is taking shape. Data centre operator Firmus has set its price and is pressing ahead with a listing...
Mattel Shares Jump Nearly 19% on Reported Takeover Interest From Authentic Brands
Shares of Mattel, the company behind Barbie and Hot Wheels, jumped almost 19% on Thursday after a report that the licensing group Authentic Brands has...
Nike Forecasts Revenue Decline and Job Cuts as Greater China Sales Slump 22%
Nike reported a first-quarter profit that beat Wall Street’s forecasts on Thursday, but a fall in sales, a steep slump in Greater China and a...