15/03/2025 |
PepsiCo nearing more than $1.5 billion deal for soda brand Poppi, Bloomberg News reportsPepsiCo is in advanced talks to buy healthier soda brand Poppi in a deal worth more than $1.5 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter.
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Intel's new CEO to receive $1 million as base salaryU.S. chipmaker Intel's new CEO Lip-Bu Tan will receive a salary of $1 million and be eligible for an annual cash bonus of up to $2 million, the company said in a regulatory filing on Friday
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GE Aerospace secures $5 billion U.S. Air Force contractGE Aerospace said on Friday it had secured a contract from the U.S. Air Force valued up to $5 billion.
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02/03/2025 |
Food delivery company Grubhub to cut 500 jobsGrubhub CEO Howard Migdal said on Friday that the food delivery firm has decided to cut about 500 jobs, as it focuses on aligning its business with Wonder after the takeover was completed last month.
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Volkswagen to recall over 60,000 US vehicles, NHTSA saysVolkswagen is recalling 60,490 U.S. vehicles due to a failure to display the gear position that may result in a vehicle rollaway if the parking brake is not engaged, the U.S. National Highway Traffic Safety Administration said on Saturday.
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Candy giant Mars readying over $25 billion bond sale for next week, sources sayFamily-owned candy giant Mars is preparing to sell bonds worth between $25 billion and $30 billion as soon as next week to help finance its takeover of Pringles maker Kellanova, according to people familiar with the matter, in a deal that would headline a $40 billion rush of acquisition financing bonds.
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19/02/2025 |
Japan manufacturers' mood improves for a second consecutive month in FebruaryBusiness sentiment for Japanese manufacturers climbed for a second straight month in February and is expected to have improved again by May, albeit modestly, the Reuters Tankan poll found.
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Ford slashes manager stock bonuses to cut costs, boost performanceSome middle managers at Ford Motor (F.N) will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter.
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Occidental to divest some upstream assets for $1.2 billionOccidental Petroleum (OXY.N) said on Tuesday that it had struck two deals in the current quarter to divest some upstream assets to undisclosed buyers for a total of $1.2 billion, although its current-quarter production forecast fell short of expectations.
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04/02/2025 |
Paramount Global, Nielsen sign new partnership, ending disputeMedia giant Paramount Global and Nielsen have signed a new deal that would see the research firm provide measurement and analytics services across the CBS parent company's platforms, ending a long-running dispute.
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