Target’s latest quarterly performance has taken a significant hit, with shares tumbling 20% following a disappointing earnings report and revised profit guidance. Despite its strategic price cuts and early holiday sales, the retail giant struggled to meet Wall Street expectations, raising concerns…
Donald Trump’s potential return to the White House brings a renewed focus on artificial intelligence (AI), one of the most transformative technologies of our time. His administration is expected to prioritize AI development while slashing regulations perceived to hinder innovation. Central to…
Meta Platforms, the parent company of Facebook, has been fined €798 million ($840 million) by the European Union for engaging in antitrust violations tied to its Facebook Marketplace service. The European Commission, the EU’s executive body, determined that Meta abused its market…
Disney’s fiscal fourth-quarter earnings reveal a company thriving amidst industry challenges. Streaming growth, box office success, and theme park investments have positioned the company for sustained profitability. With CEO Bob Iger restructuring Disney before his 2026 departure, the entertainment giant is gearing…
Banks in the United States and Canada are facing a ten-fold increase in digital scams this year, signaling a growing challenge in protecting customers. Cybersecurity firm BioCatch, which analyzed data from 170 financial institutions, attributes the rise to the increasing use of…
A leading aerospace manufacturer, Boeing, has experienced significant disruptions due to a recent machinist strike. The company reported its lowest aircraft deliveries in October since 2020 and warned that restarting its production lines will take weeks despite workers returning to their stations.…
The business landscape has experienced a profound transformation over the past two decades. By 2024, just four of the top 20 companies by market capitalization from 2005 managed to maintain their standing. The new frontrunners emerged from a distinct category of industries…
A wave of optimism has swept through Wall Street as corporate leaders and dealmakers anticipate a surge in mergers and acquisitions (M&A) under President-elect Donald Trump. With Republicans claiming a Senate majority, expectations are high for reduced regulations that could unlock pent-up…
As the U.S. approaches another high-stakes election, tech giants Google and Meta are taking steps to control the spread of misinformation by temporarily banning political ads across their platforms. The move is seen as a response to the misinformation that has frequently…
President-elect Donald Trump’s election victory over Kamala Harris has cast a shadow of uncertainty over the electric vehicle (EV) industry in the U.S. The return of Trump, a known critic of stringent environmental policies, could lead to significant changes in policies governing…