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Interpublic Explores Sale of Digital Marketing Agency to Consulting Giant
TCS is the latest consulting firm pursuing acquisitions to bolster their work on Madison Avenue.
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Major IT Outage Grounds Flights, Hits Banks and Businesses Worldwide
An update from cybersecurity-software firm CrowdStrike caused outages for millions of users of Microsoft Windows devices.
Anglo American Cuts Coal Target Following Fire Incident
Anglo American cut its 2024 coal-production target after a fire incident at a major mine is set to suspend production…
Darden Restaurants to Acquire Chuy's Holdings in $605 Million Deal
Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40%…
Elon Musk Says He Will Move X and SpaceX Headquarters Out of California
Move follows a new California law affecting communications between schools and families over gay and transgender students.
Harley Will Ride or Die With the Graybeards
Milwaukee-based company focuses on high-end motorcycles, but some say it isn’t cultivating the next generation of buyers. ’You get older,…
Lufthansa Cuts Guidance as Flagship Airline Struggles to Break Even
Deutsche Lufthansa cut its guidance for the year, warning it will be increasingly challenging for its flagship airline to break…
StubHub Delays IPO Launch Due to Choppy Market Conditions
The ticketing marketplace had been eyeing a valuation of about $16.5 billion for its offering.
AT&T Says Hacker Stole Cell, Text Data on Nearly All Its Wireless Customers
The company said in a securities filing that the data, mostly from 2022, was downloaded in April but it hasn’t…