What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals, for $3.1 billion. The acquisition is set…
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Morgan Stanley revised its outlook on Amazon after tariffs between the US and China came to a reasonable level. The brokerage maintained the overweight rating and raised the target for…
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Atlassian stock price has crashed into a bear market as insiders continue dumping the shares, and as concerns about its business trajectory intensified. TEAM tumbled to a low of $200,…
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Business
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
by adminby adminAmazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking…
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Nu Holdings stock price has staged a strong comeback in the past two months as demand jumped and investors bought the dip. The stock jumped to a high of $13.65…
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Brazil’s financial markets experienced a shaky opening on Thursday after US President Donald Trump unexpectedly raised new tariffs on Brazilian exports to 50%, compared to the 10% level he had…
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Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company said that, beginning Tuesday, parents in Phoenix can use their…
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Business
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
by adminby adminBoeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing…