BuzzFeed lays off 35% of staff post-acquisition by Byron Allen, aiming for profitability and restructuring.
BuzzFeed lays off 35% of staff post-acquisition by Byron Allen, aiming for profitability and restructuring.
JetBlue Airways announces a larger second-quarter loss, driven by surging fuel costs after oil supply issues due to the Iran conflict.
Hilton Worldwide Holdings increases its full-year room revenue growth forecast due to strong demand from luxurious hotel properties.
UPS has updated its full-year revenue forecast as it adjusts its operations, focusing on higher-margin shipments and reducing volumes for Amazon.
LVMH’s latest earnings report shows nearly $44 billion in revenue for the first half of 2026, with a notable performance in jewelry and watches.
Shein discloses details about its management and ownership structure as it prepares for a Hong Kong IPO, marking a significant milestone for the company.
Porsche announces plans to cut 5,000 jobs by 2035 as part of new restructuring measures agreed with labor representatives.
Bernard Arnault, chairman of LVMH, rebuffs claims of a succession clash among his children, affirming the family’s unity in a rare public disclosure.
Apollo Global Management commits $1.5 billion to Singapore’s Keppel for a private fund featuring six operational oil rigs.
Cracker Barrel’s CEO, Julie Masino, resigns nearly a year after backlash over a logo change that included criticism from Donald Trump.