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Levi Strauss & Co. delivered stronger-than-expected quarterly earnings and revenue, powered by selective price increases and a growing shift toward direct sales. The results show how the denim icon is managing inflation and tariffs while maintaining consumer demand. For the quarter ended August 31, Levi’s reported adjusted earnings per share of 34 cents, above Wall…
Swiss industrial giant ABB has agreed to sell its robotics division to SoftBank Group for $5.375–5.4 billion, abandoning prior plans to spin it off publicly. The robotics unit employs around 7,000 people and generated $2.3 billion in revenue in 2024, representing about 7% of ABB’s total sales. Because demand in Asia has weakened and profitability…
Beginning December 16, 2025, Meta plans to use your conversations with its AI chatbot to influence which ads and content you see on Facebook, Instagram, and other Meta-owned apps. Users won’t be able to opt out. Instead, Meta will notify users in advance of the change. The goal is to make ads more relevant by…
Delta Air Lines expects a stronger-than-forecast end to 2025 and a solid start to next year, driven by steady demand for luxury travel and rising ticket prices. The Atlanta-based carrier said resilient premium bookings helped it outperform expectations and regain pricing power after months of pressure from overcapacity and soft consumer confidence. On Thursday, Delta…
PepsiCo reported stronger-than-expected quarterly earnings and revenue on Thursday, with growth in international markets helping the company overcome another period of weaker demand in North America. Shares of the beverage and snack giant rose over 2% in morning trading following the announcement. According to data from LSEG, PepsiCo posted adjusted earnings per share of $2.29,…
Ferrero North America is gearing up for its most ambitious year yet, rolling out a $100 million marketing blitz centered around two of the world’s biggest sporting events — the Super Bowl and the FIFA World Cup. The confectionery giant aims to strengthen its U.S. footprint by pairing its sweet treats with the country’s favorite…
China’s electric vehicle (EV) market is mired in a brutal price war, with manufacturers slashing margins to gain sales. As players fight for dominance, the stakes are high — some warn that only the strongest will survive. BYD, one of the biggest names, led a fresh wave of cuts, triggering shares to tumble across the…
YouTube, owned by Alphabet, has agreed to pay $24.5 million to settle a lawsuit brought by former President Donald Trump, who claimed the platform unfairly suspended his account after the January 6, 2021 Capitol attack. Under the agreement, $22 million goes to the Trust for the National Mall to help fund Trump’s proposed White House…
Fifth Third Bancorp has announced plans to acquire Comerica Inc. in an all-stock deal worth $10.9 billion, marking one of the biggest U.S. regional bank mergers in recent years. The move will create the ninth-largest bank in the country, signaling a major shift in the regional banking landscape. Under the agreement, Comerica shareholders will receive…
President Donald Trump has announced plans to impose a 100% tariff on films made outside the United States, calling foreign films a “national security threat” to America’s movie industry. This aimed-at proposal would effectively double the cost of importing foreign-produced movies into the U.S., placing heavy pressure on an industry that frequently relies on global…
