Tag: corporate strategy

[ad_1] Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost cuts and a “realignment” of its workforce — even…

[ad_1] Nelson Peltz’s Trian Fund Management will not pursue a takeover of Wendy’s Co., the activist hedge fund said Friday. Peltz is Wendy’s WEN, +5.30% non-executive chairman, as well as…

[ad_1] A U.S. labor representative on Wednesday dismissed Amazon.com Inc.’s objections to a historic union-election victory at a warehouse in Staten Island, N.Y. last year, following months of aggressive efforts…

[ad_1] Tesla Inc. has applied for a nearly billion-dollar expansion of its Austin, Texas, gigafactory. According to filings dated this week with the Texas Department of Licensing and Registration, Tesla…

[ad_1] Shares of Inari Amertron Bhd. fell as much as 8.9% in early trade following a report that Apple Inc. plans to cease using some parts from major chip suppliers,…

[ad_1] Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening move among the big U.S. banks, The Wall Street Journal reported Thursday. Goldman Sach’s GS,…

[ad_1] GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into…

[ad_1] Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while.…

[ad_1] Defense firm L3Harris Technologies Inc. on Sunday said it agreed to buy Aerojet Rocketdyne Holdings Inc. in a $4.7 billion deal that would cement L3Harris’s role as one of six prime defense contractors for the…

[ad_1] Elon Musk tried to back out of his $44 billion deal for Twitter over the summer as valuations for advertising-dependent technology platforms plunged, but now he seems to want…

[ad_1] Anglo American PLC said Friday that 2022 production was down by around 3% as the Quellaveco copper ramp-up and strong diamond production was offset by ore grades in Chile…

[ad_1] Shares of AMC Networks Inc. slid in Tuesday trading after the media company announced the surprise departure of its chief executive and said that it plans to conduct layoffs…

[ad_1] A research paper published at Harvard University is advocating that central banks should buy bitcoin BTCUSD, +0.33% as a hedge against sanctions by other countries. The paper, titled “Hedging…

[ad_1] Elon Musk plans to slash Twitter Inc.’s workforce by 50% as soon as Friday, according to a new report. Citing anonymous sources with knowledge of the matter, Bloomberg News…

[ad_1] Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand…

[ad_1] Warner Bros. Discovery Inc. WBD, -2.30%  said it expected to incur as much as $4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the…

[ad_1] Waymo is targeting Los Angeles as its next location to launch a driverless taxi service. In a blog post Wednesday, the autonomous-vehicle company owned by Alphabet Inc. GOOGL, -1.13%…

[ad_1] Intel Corp. may fire thousands of workers by the end of the month, around the same time the chip manufacturer reports quarterly results amid a tough year for semiconductor…

[ad_1] Ralph Lauren Corp. aims to buy back more stock and boost its profit margins as it benefits from strong consumer demand after years of restructuring. The New York-based luxury retailer on…