Walmart is rolling out a light-up shelf label feature connected to its app to help customers better find the items they’re looking for. Walmart is rolling out a light-up shelf label feature connected…
Category: News
David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD. Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz…
Eli Lilly says closely watched combo obesity regimen boosts weight loss in mid-stage trial
Lilly said it plans to start Phase 3 trials on the combo regimen adding its amylin drug eloralintide to tirzepatide at the end of the year. Lilly said it plans to start Phase…
Mattel names Roger Lynch as CEO, replacing Ynon Kreiz
Mattel announced on Wednesday that Roger Lynch would serve as CEO and Chairman, replacing Ynon Kreiz. Mattel announced on Wednesday that Roger Lynch would serve as CEO and Chairman, replacing Ynon Kreiz.Business News
Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker’s shares hit new low
Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and its plans to be cash flow positive by 2027. Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and…
MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up
The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. withdrew its $48.30-per-share proposal to buy the rest of MGM. The Wall Street Journal reported MGM was…
Holiday retail sales are expected to top $1 trillion as inflation boosts growth
Holiday retail sales are expected to grow this holiday season and top $1 trillion for the first time, though that growth is boosted by inflation. Holiday retail sales are expected to grow this…
Ford CEO says it’s ‘too late’ for Europe to fend off Chinese automakers, but not for U.S.
CEO Jim Farley’s warning comes on the heels of a high-profile visit last week by Chinese President Xi Jinping with President Donald Trump CEO Jim Farley’s warning comes on the heels of a…
Goldman Sachs CEO succession planning faces one big problem
The Goldman Sachs board has reportedly discussed replacing CEO David Solomon, 64, with president John Waldron, 57, as early as next year. The Goldman Sachs board has reportedly discussed replacing CEO David Solomon,…
Alaska Airlines unveils massive premium cabin overhaul in high-end travel race
Alaska Airlines is overhauling its Alaska and Hawaiian cabins to include brand-new top-tier suites, a premium economy class and other features. Alaska Airlines is overhauling its Alaska and Hawaiian cabins to include brand-new…