Adidas Targets Continued Growth, Market Share Gains
The sporting-goods company reported higher sales across all markets for the final quarter of 2024 as it seeks to exploit the ongoing weakness of its main rival Nike.
Bayer Warns of Lower Earnings as Work Continues on Turnaround
Bayer said it expects to report lower earnings this year as it continues to work through a turnaround plan, but performance should improve from 2026.
KKR, Walmart to Sell Japan Supermarket Chain Seiyu for $2.5 Billion
KKR and Walmart have agreed to sell Japanese supermarket chain Seiyu for about $2.5 billion to Japanese retailer Trial Holdings
Goldman Sachs to Target Vice Presidents in Next Round of Cuts
Employees likely to be laid off in annual culling were given hints in the form of small bonuses.
BlackRock Strikes Deal for Panama Ports After U.S. Pressure
The deal puts U.S. firms in control of two ports that President Trump raised as a security concern because of their connection to China.
CrowdStrike sees more costs ahead in the aftermath of last summer's outage
CrowdStrike's stock is falling in the wake of a larger-than-expected loss and disappointing profit guidance.
Disney to Cut Nearly 6% of Staff Across ABC News, Disney Entertainment Networks
About 200 employees are being let go at Disney's ABC News Group and Disney Entertainment Networks unit, people familiar with the matter said.
Commerce to Overhaul 'Internet for All' Plan, Expanding Starlink Funding Prospects
The agency plans changes that will make Elon Musk's satellite-internet service eligible for more rural broadband funding.
U.S. Revokes Chevron License to Pump Venezuelan Oil
The Treasury Department said the oil company has 30 days to wind down operations in the country.
Deutsche Post, Trade Union Reach Agreement on Wage Dispute
The German logistic group and the union said that all employees covered by collective agreements, which amount to approximately 170,000 workers, would receive more pay and additional leave.
(END) Dow Jones Newswires
March 05, 2025 03:00 ET (08:00 GMT)
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