Kroger plans to buy Giant Eagle, a major Pittsburgh-based grocery chain, in a move that could reshape regional grocery markets. Details are still emerging.
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Microsoft plans thousands of job cuts, impacting less than 2.5% of workforce
Microsoft plans to lay off over 5,000 employees, impacting less than 2.5% of its global workforce, in a move confirmed by company officials.
Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
Comcast’s stock jumps 23% following plans to spin off its media and technology divisions into separate public companies, confirming a major corporate restructuring.
Billionaire Walmart Heir Lukas Walton Acquires Minority Stake In Chicago Bulls
Billionaire Walmart heir Lukas Walton acquires a minority ownership stake in the Chicago Bulls, marking a significant move into sports investment.
Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center
Lukas Walton, Walmart heir, acquires minority stakes in the Chicago Bulls and United Center, marking a new investment move in sports and entertainment.
Sounding the AI alarm, Grantham says to flee U.S. equities before epic crash (SPY:NYSEARCA)
Jeremy Grantham urges investors to exit U.S. equities before an anticipated market collapse, citing AI-driven risks and economic vulnerabilities.
Inflation report could fuel concerns over higher interest rates, even as oil prices fall
Economists express concern that recent inflation data could lead to increased interest rate hikes, even as oil prices decline, according to latest reports.
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The Fed’s preferred inflation measure rose to 3.4% in May, marking the highest level since October 2023, signaling ongoing inflation pressures.
Micron earnings are moments away. Here’s everything investors need to know.
Micron’s quarterly earnings are imminent. This article covers confirmed details, potential impacts, and what investors should watch for in the upcoming report.