Business

Procter & Gamble reports organic sales jump of 3% due to increased volume, signaling a shift from price-driven growth. The company innovates in value items and higher-end products, with double-digit gains in paper products and strong performance in grooming and oral care.

Published on: January 22, 2025, 06:04 PM UTC

The European Union is facing increasing pressure to reduce its ESG reporting requirements, with France set to propose limiting the scope of the regulations. Amid concerns over the burden on businesses and Europe's competitiveness, the bloc is reconsidering its ESG ambitions, with the European Commission assessing options for significant cuts in reporting requirements.

Published on: January 22, 2025, 06:04 PM UTC

Nasdaq CEO Adena Friedman discusses corporate diversity, equity, and inclusion (DEI) policies amid pushback from President Trump. Despite setbacks, Friedman remains optimistic, emphasizing the importance of inclusivity and quiet confidence for successful CEO leadership.

Published on: January 22, 2025, 06:03 PM UTC

Hindenburg Research, a top activist short seller, abruptly shut down, sending shockwaves through the industry. The founder gave no specific reason, but others point to increased scrutiny, litigation, and hostility toward short sellers in recent years. Regulators have also cracked down on the practice, with the SEC implementing new disclosure requirements.

Published on: January 22, 2025, 06:03 PM UTC

Intel is searching for a new CEO to lead the company into the AI age. The search began after the board ousted Pat Gelsinger in December. The former ASML CEO Eric Meurice and Microchip chairman Steve Sanghi have been added to the board to assist in the search. Analysts and sources believe that an outside candidate is likely to be chosen, but the decision could take several months. External candidates may include Lip-Bu Tan, Matt Murphy, Stacy Smith, Renee James, Johny Srouji, Gregory Bryant, and Kirk Skaugen.

Published on: January 22, 2025, 06:02 PM UTC

Amidst threats from President Trump, Macron and Scholz emphasize European unity and competitiveness, highlighting the need to protect the steel industry and respond swiftly to potential US tariffs.

Published on: January 22, 2025, 06:01 PM UTC

Puma Reports Lower Profits, Announces Cost-Cutting Plan to Boost Margins

Published on: January 22, 2025, 06:01 PM UTC

Trump's focus on tariffs against Canada stems from his concerns over drug trafficking, illegal immigration, and the upcoming USMCA renewal. Despite data showing limited Canadian involvement in drug issues and border crossings, Trump's rhetoric highlights the political element in his Canada-US standoff.

Published on: January 22, 2025, 06:00 PM UTC

Amidst Trump's push to roll back DEI initiatives, Nasdaq CEO Adena Friedman remains optimistic, arguing that inclusive culture and quiet confidence are essential for CEO success, expecting a resurgence in IPOs under loosened regulations.

Published on: January 22, 2025, 05:01 PM UTC

A potential trade war between Canada and the US could cause a surge in unemployment, loan defaults, and a 30% drop in bank earnings per share due to Trump's threats of tariffs.

Published on: January 22, 2025, 05:01 PM UTC