Nestlé SA is planning to cut around 16,000 jobs globally as part of a two-year restructuring effort led by its new Chief Executive Officer, Philipp Navratil. The layoffs, representing roughly 6% of the company’s workforce, Bloomberg reports, come as the Swiss food giant aims to adapt to shifting consumer habits, rising costs, and growing competition
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Nestlé SA is planning to cut around 16,000 jobs globally as part of a two-year restructuring effort led by its new Chief Executive Officer, Philipp Navratil. The layoffs, representing roughly 6% of the company’s workforce, Bloomberg reports, come as the Swiss food giant aims to adapt to shifting consumer habits, rising costs, and growing competition
3.7KA judge is set to sentence Nicholas Roske on Friday for attempting to assassinate Supreme Court Justice Brett Kavanaugh in the weeks leading up to the high court’s landmark Dobbs decision. The Department of Justice has asked for 30 years in prison, while Roske’s attorneys have asked for eight years. In a sentencing memorandum, prosecutors
A judge is set to sentence Nicholas Roske on Friday for attempting to assassinate Supreme Court Justice Brett Kavanaugh in the weeks leading up to the high court’s landmark Dobbs decision. The Department of Justice has asked for 30 years in prison, while Roske’s attorneys have asked for eight years. In a sentencing memorandum, prosecutors
3.7KIn theory, this should be a moment of vindication for the Free Palestine movement. A ceasefire holds. Israel has pulled back troops. International headlines finally reflect what activists have shouted for months: that Gaza’s suffering matters. And yet, the plazas are still. The hashtags have gone dormant. The chants that once shook campuses have faded
In theory, this should be a moment of vindication for the Free Palestine movement. A ceasefire holds. Israel has pulled back troops. International headlines finally reflect what activists have shouted for months: that Gaza’s suffering matters. And yet, the plazas are still. The hashtags have gone dormant. The chants that once shook campuses have faded
3.6KWall Street has been on one of its wildest rides lately, and it sometimes feels like everyone is scrambling to figure out ‘why’. Is it the looming trade tariffs between the US and China, delayed economic data due to the government shutdown, or simply corporate earnings failing to live up to lofty expectations? The truth
Wall Street has been on one of its wildest rides lately, and it sometimes feels like everyone is scrambling to figure out ‘why’. Is it the looming trade tariffs between the US and China, delayed economic data due to the government shutdown, or simply corporate earnings failing to live up to lofty expectations? The truth
3.6KShopify Inc. (NYSE: SHOP) saw its shares rise sharply on Friday morning after TD Cowen resumed coverage of the e-commerce platform and raised its price target. Shopify shares traded 5.2% higher in New York at $159.18. TD Cowen analyst Daniel Chan highlighted Shopify’s strong growth trajectory and opportunities for international expansion. The bank restarted coverage
Shopify Inc. (NYSE: SHOP) saw its shares rise sharply on Friday morning after TD Cowen resumed coverage of the e-commerce platform and raised its price target. Shopify shares traded 5.2% higher in New York at $159.18. TD Cowen analyst Daniel Chan highlighted Shopify’s strong growth trajectory and opportunities for international expansion. The bank restarted coverage
3.6KShares of e.l.f. Beauty (NYSE: ELF) jumped 2.7% on Wednesday morning to 144.34 on Wednesday following a bullish update from Morgan Stanley, which raised its price target on the cosmetics company to $170 from $134, maintaining an Overweight rating. Morgan Stanley cited the strong performance of Rhode, e.l.f. Beauty’s recently acquired skincare line as the
Shares of e.l.f. Beauty (NYSE: ELF) jumped 2.7% on Wednesday morning to 144.34 on Wednesday following a bullish update from Morgan Stanley, which raised its price target on the cosmetics company to $170 from $134, maintaining an Overweight rating. Morgan Stanley cited the strong performance of Rhode, e.l.f. Beauty’s recently acquired skincare line as the
3.6KVodafone share price popped and reached its highest level since August 2022 as the company’s German business returned to growth. VOD soared to a high of 94p, up by about 67% from its lowest level in 2024. Vodafone share price rises after earnings Vodafone Group was one of the best-performing companies in the FTSE 100
Vodafone share price popped and reached its highest level since August 2022 as the company’s German business returned to growth. VOD soared to a high of 94p, up by about 67% from its lowest level in 2024. Vodafone share price rises after earnings Vodafone Group was one of the best-performing companies in the FTSE 100
3.6KTesla Inc. shares traded in green on Thursday after the company reported third-quarter 2025 vehicle deliveries of 497,099, surpassing Wall Street estimates and posting year-over-year growth, though production fell short compared with the same period last year. The results highlight a mixed performance for the electric-vehicle maker as it navigates shifting demand dynamics in key
Tesla Inc. shares traded in green on Thursday after the company reported third-quarter 2025 vehicle deliveries of 497,099, surpassing Wall Street estimates and posting year-over-year growth, though production fell short compared with the same period last year. The results highlight a mixed performance for the electric-vehicle maker as it navigates shifting demand dynamics in key
3.6KJPMorgan Chase CEO Jamie Dimon has warned that US stock markets could face a “significant correction” within the next six months to two years, citing a combination of overheated valuations and mounting global risks. In an interview with the BBC during his visit to Bournemouth, where he announced a £350 million investment in JPMorgan’s local
JPMorgan Chase CEO Jamie Dimon has warned that US stock markets could face a “significant correction” within the next six months to two years, citing a combination of overheated valuations and mounting global risks. In an interview with the BBC during his visit to Bournemouth, where he announced a £350 million investment in JPMorgan’s local
3.6KThe clock is ticking to fund government, and so far, lawmakers do not have a path forward to avert a partial shutdown. The Senate returned to Washington, D.C., on Monday, and congressional leaders are slated to meet with President Donald Trump to negotiate a deal on funding the government. But the last week has seen
The clock is ticking to fund government, and so far, lawmakers do not have a path forward to avert a partial shutdown. The Senate returned to Washington, D.C., on Monday, and congressional leaders are slated to meet with President Donald Trump to negotiate a deal on funding the government. But the last week has seen
