Nike CEO’s Future in Question as Demands for Turnaround Grow
Activist investors and analysts are amongst those calling for change at sportswear behemoth, Nike, as pressure grows on the company’s...
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- 6 days ago
- 1 min
7-Eleven Fighting Biggest Potential Foreign Takeover of a Japanese Company
The Japanese-owned 7-Eleven chain has received a takeover bid from a Canadian company; and if it goes through, the deal will be the...
- Aug 20
- 1 min
PepsiCo Could Face Legal Action For Marketing its Gatorade protein bars as healthy
A judge has left PepsiCo open to being sued after giving the greenlight for legal action based on the "health halo" it created –...
- Aug 20
- 1 min
Chipotle CEO Gets $113m sign-on Package as New Starbucks Boss
Plummeting share prices and dropping same-store sales has resulted in the rapid exit of Starbuck’s CEO. The global coffee shop chain has...
- Aug 12
- 2 min
TikTok’s Owner Launches AI text-to-video Generation Tool
The owner of the social media monster, TikTok, has launched an AI text-to-video generation tool; but only for Chinese users for the time...
- Aug 5
- 1 min
Meta Users Can Nnow Build Virtual Versions of Themselves
Meta users across the globe will soon be able to create chatbots of themselves that mirror their interests and personality. The AI Studio...
- Aug 5
- 2 min
McDonald's CEO Admits Its Food Is Too Pricey
The CEO of fast food giant, McDonalds, has admitted that high prices have contributed to lower sales. McDonald's CEO Chris Kempczinski...
- Aug 5
- 2 min
Qantas Slashes Exit Package of Shammed Former CEO
The Australian airline, Qantas, has cut the pay-out heading to its former CEO by more than 40%. Alan Joyce has now left the company...
- May 27
- 1 min
Nestle Creates Line Of Frozen-Food For Ozempic Users
Food giant, Giant, is launching a frozen-food brand aimed squarely at people who are using GLP-1 drugs like Ozempic and Wegovy. The Vital...
- May 27
- 2 min
Online Home Goods Store Wayfair Opens Its First Physical Store
Wayfair, the online home goods company, has opened its first physical store near Chicago in the US. In an interview with CNBC, the CEO of...
- May 17
- 1 min
Amazon Unveils New Content For Prime - Including Tomb Raider Series
New York hosted Amazon Prime’s first ever Upfront event at which the streaming service unveiled what launches viewers can expect in the...
- May 17
- 1 min
Burberry Facing Year’s Worst Results
The British fashion house, Burberry, now under the watchful eye of designer Daniel Lee, has revealed its worst results of the fiscal year...
- May 3
- 2 min
Peloton CEO Steps Down Alongside Job Cut Announcement
The CEO of beleaguered fitness venture, Peloton, has announced he is stepping down. The news came alongside the announcement that the...
- May 3
- 2 min
TikTok Will Restore Millions of Songs After Universal Dispute Settled
A spate between two giants of the music world has finally been resolved. TikTok and Universal have come to an agreement after months of...
- Apr 29
- 1 min
Momofuku Owner Cools Down Over “Chili Crunch” Trademark
The celebrity chef, podcaster and author behind the Momofuku brand of restaurants has promised to stop enforcing a trademark for the term...
- Apr 29
- 1 min
US Watchdog Gets Shirty About Handbag Brand Takeover
The US Federal Trade Commission (FTC) has stepped in to block the takeover of the company that owns the fashion brand, Michael Kors....
- Apr 22
- 2 min
Unilever, One of The World’s Biggest Plastic Users, Scales Back Environmental Pledges
In a move that is drawing criticism, one of the world’s biggest users of plastic packaging is scaling back its social and environmental...
- Apr 22
- 1 min
British Shoe Legend Dr Martens Launches Lawsuit Against Temu
British bootmaker, Dr Martens, is launching a trademark lawsuit against Chinese marketplace, Temu. In a report in The Sunday Times, it...
- Apr 15
- 1 min
Disney Unveils New Film Slate as Well as Park Expansion Plan
Disney has revealed three of the films that fans can expect from the media giant in the coming few years. According to CNBC News, amongst...
- Apr 15
- 1 min
Founder of Starbucks Invests in Tony’s Chocolonely
Howard Schultz, former chief executive officer and founder of Starbucks has bought shares in Dutch ethical chocolate brand, Tony’s...
- Apr 2
- 2 min
Canadian Entrepreneur, Kevin O’Leary, Tells Press he Wants to Buy TikTok
Businessman, Kevin O’Leary, is putting together a bid to buy the Chinese-owned video sharing platform, TikTok. The entrepreneur is...
- Apr 2
- 1 min
McDonalds Takes The Doughnut With Krispy Kreme Deal For Whole of US
Baked goods behemoth, Krispy Kreme, will be doubling its distribution over the next two and a half years in order to make its goods...
- Mar 25
- 1 min
Reddit Makes Stock Market Debut & Sees Shares Surge
Social media website, Reddit, has made its debut on the New York Stock Exchange; and saw its share price boosted by 48% by the close of...
- Mar 25
- 1 min
Adidas is Replaced as German Football Team’s Sponsor After 77 Years
The German National Football Team has signed Nike as its new sponsor, parting ways with adidas after more than seventy years. The...
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