Business
Business
SoftBank Eyes Record Junk Bond Sale to Fuel OpenAI Investment
SoftBank Group is lining up one of the biggest ever issuance of junk bonds as it doubles down on a already hefty wager on...
Business
Bank of Japan Faces Credibility Questions Following US Treasury Policy Comments
Markets have been spooked this week after comments from US Treasury Secretary Scott Bessent seemed to imply that he had special knowledge of the...
Business
Ikea Slashes Prices Across Europe With Major Affordability Push
IKEA is launching in its biggest ever price cutting initiative, investing 1.2 billion euros to cut prices on over 1500 products across Europe. Starting...
Business
Temu Owner PDD Misses Revenue Estimates Despite 8% Quarterly Growth
PDD Holdings, China's online shopping titan that owns Temu and Pinduoduo, experienced a 8% rise in second-quarter sales this year but failed to meet...
Business
Microsoft Implements Targeted Job Cuts Affecting Less Than 2.5 Percent of Global Workforce
A wave of layoffs at Microsoft has stirred quite a stir in the tech world as the company plans to cut thousands of jobs...
Business
Piper Sandler Bolsters Healthcare Investment Banking with Star Biopharma Hire
Piper Sandler Companies has broadened its healthcare investment banking team by appointing Patrick McCormack, M.D. as a managing director. With extensive industry knowledge and...
