AI Boom Drives Broadcom Over the Magic $1 Trillion Mark

Zalando buys About You for 1.13 billion euros, strengthens its position in e-commerce, and plans for higher margin targets.

General Motors ends its robotaxi project after billion-dollar losses and will focus on autonomous driving in private vehicles in the future.

Macy's is struggling with declining sales, an accounting scandal, and increasing demands from activist investors, which is putting pressure on management.

Bain Capital offers 4.3 billion dollars for Fuji Soft, increasing the takeover competition with KKR and testing Japan's M&A landscape.

A cyberattack has severely impacted Krispy Kreme's online operations, leading to significant business disruptions.

British banks are the focus of a multibillion-dollar auto loan scandal, while the Supreme Court is now set to provide clarity.

Inditex is betting on a dollar rally after Trump's election victory to offset disappointing results due to currency effects.

Klarna, a leading BNPL provider, is under pressure due to money laundering violations as it prepares for a US IPO.

ReNew seeks to withdraw from Nasdaq to focus on more profitable markets and strategic capital raising in India.

BlackRock's billion-dollar acquisitions strengthen its position in the market for alternative assets, but demand a clear succession planning.

Microsoft's new AI health unit, led by Mustafa Suleyman, focuses on ethical, consumer-oriented applications for broader use.

New research links highly processed foods to pro-inflammatory processes and a higher risk of colon cancer.