US Business

Brian Niccol takes over Monday amid turbulent times for the coffee giant.

Japan’s Seven & i said it would be open to discussions with the Canadian owner of Circle K stores if the latter improves its $39 billion takeover bid.

Entain said its online net gaming revenue has grown ahead of expectations so far in the second half of year, with the positive momentum of the second quarter continuing.

Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools.

The new offer price is 5.7% higher than the previous agreement announced in May.

The activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch.

The freight railroad said it has opened an investigation into allegations of potential conduct by Alan Shaw that is inconsistent with its code of ethics and company policy.

U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending after a postpandemic surge.

The $3.8 billion offer is the family’s latest attempt to take control of the struggling department-store chain.

Volvo Car abandoned its target of having a fully electric lineup by the end of the decade, saying it was still likely to sell some hybrid models as the market faces an increasingly bumpy transition to electric vehicles.