Ben & Jerry's to Name New Board Members After Long Process, Rejection
The ice-cream brand, in the midst of a sweeping overhaul of its board, is poised to appoint three independent directors after clashes over the board's social activism.
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China's Li Auto Posts Another Loss on Subdued Demand
The Nasdaq-listed automaker reported a second consecutive quarter of losses, even as it tried to spur demand by launching new models.
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Microsoft Is Leaving Investors Flying Blind on Its AI Businesses
From capex to its flagship cloud platform, Microsoft stands out for its lack of transparency.
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Siemens Energy Plans to Spin Off Transformation of Industry Unit
The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to deconsolidate the business while maintaining a minority stake.
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Salesforce Reports Earnings While Disrupting Itself to Fight AI
The software giant is confronting the AI tide by shaking itself up before someone else does.
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OpenAI's Head of Data Centers Has Left the Company
Chris Malone joins a string of recent high-level executive departures as the AI giant heads toward an IPO and ramps up its spending on computing power.
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XPeng Bets Robots Will Be More Profitable Than Its Cars
XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business.
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Anthropic Expected to Tell Investors It Sees Over $30 Trillion in Potential Revenue
The AI startup is likely to top SpaceX's eye-popping potential revenue estimate.
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Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies
The Trump administration has been probing major U.S. companies under a novel use of a federal law meant to police federal contractors.
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California Attorney General Ramps Up Criticism of Paramount
Rob Bonta said Paramount is more focused on the "court of public opinion" than the court of law in the Warner merger fight.
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Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users
The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as it recorded a lower profit in its latest quarter.
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Zoom Communications Revenue Rises on Enterprise Growth
The video conferencing company also bumped up its guidance for the year. However, its earnings guidance for the current quarter came in short of Wall Street's forecast.
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Starbucks Union Calls for Boycott in Latest Test of Company Turnaround
Starbucks Workers United is seeking a contract agreement. For investors, the key question is whether the boycott move will affect customer behavior at a meaningful scale.
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Summer Blockbusters Are Filling Movie Theaters. The Stocks Are the Stars.
AMC Entertainment, Cinemark, Marcus, and IMAX are notching record crowds and sales.