Kraft Heinz Takes $7.4 Billion Impairment Charge as Sales Keep Falling
Kraft Heinz's second-quarter operating loss reached $6.4 billion after a $7.4 billion impairment charge, even as new CEO Steve Cahillane…
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Ark Invest buys $15.4 million more Block Inc. shares as stock dips 3%
Cathie Wood's Ark Invest bought $15.4 million worth of Block Inc. shares as the stock dipped 3%, adding to a…
Citadel Warns SEC That Scrapping 20-Year Stock Rule Could Hurt Investors
Citadel Securities has urged the SEC to keep Rule 611, the order protection rule that has governed US stock trading…
L3Harris ousts CEO Chris Kubasik over unspecified conduct, names Sam Mehta as replacement
L3Harris Technologies removed CEO Chris Kubasik on Sunday over conduct the board called inconsistent with company values, and shares fell…
Anthropic’s revenue run rate tops $65 billion ahead of IPO
Anthropic's annualized revenue run rate has reportedly climbed past $65 billion, up from $47 billion in May, according to a…
