US Business
Politico Owner Axel SpringerStrikes Breakup Deal WithKKR
The German media company agreed with its largest shareholder to split its classifieds business from its media operations.
Articles by Erin Slifka
Events
Phelan Dermatology: Join Phelan for Their Fall Open House on October 4
Are you ready to revitalize your skincare routine and explore the latest treatments in dermatology? Phelan Dermatology is thrilled to invite you to their Fall Open House at both their Joplin and Jane locations! This […]
US Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
US Business
Nike CEO John Donahoe Stepping Down After Rocky Tenure
Nike said John Donahoe will retire as chief executive and from the board, and named his successor, Elliott Hill, who retired from the sneaker maker in 2020.
US Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.
US Business
Olive Garden Breadsticks Hitch a Ride With Uber in Delivery Deal
A multiyear deal with Uber Technologies is set to begin with a pilot at select Olive Garden locations this year. Darden has long refused to allow third-party delivery companies to handle its food at a large scale.
US Business
EU to Offer Apple Guidance on Digital Rules Compliance
The European Union’s executive arm has started a process to provide Apple with guidance on complying with rules to ensure its operating systems are functional with other technologies.
US Business
Three Mile Island’s Nuclear Plant to Reopen, Help Power Microsoft’s AI Centers
The 20-year deal with Constellation Energy would kick-start the site of the nation’s worst nuclear accident.
US Business
Japan Gears Up for More Than $3 Billion of IPOs in October
Two Japanese companies will soon start testing investors’ appetite for their shares, with one of the listings likely to be the country’s largest this year.
US Business
The Price War in Weight-Loss Drugs Is Here
Novo Nordisk and Eli Lilly are offering discounts to encourage more insurance coverage of the medicines, which carry price tags of over $1,000 a month.