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Home Depot, the largest home improvement retailer in the U.S., has reported that anxiety about the economy and elevated interest rates are dampening consumer spending, leading to a steeper-than-expected decline in sales. On Tuesday, the company announced that it expects a 3% to 4% decrease in sales at stores open...

Nadine Ahn, the former Chief Financial Officer of the Royal Bank of Canada (RBC), has initiated legal proceedings against the bank, claiming she was wrongfully terminated due to a personal relationship with a colleague. Ahn, who was considered a strong contender to become RBC’s first female CEO, contends that her...

Zūm, a leader in modern student transportation, has released the 2024 results from its annual Student Transportation Report Card. This survey captures parents' views on the American school bus system. The survey data were collected by Zūm via Pollfish, an online survey platform, from June 26-27, 2024. A total of...

Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, has announced that its Board has appointed Matti Shem Tov, former CEO of ProQuest, as the company’s next CEO, effective August 9, 2024. In addition to his role as CEO, Shem Tov will join Clarivate’s Board of Directors. Jonathan...

Rolls-Royce shares surged over 11% to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded its profit forecast following robust first-half results. By 9:20 am London time, shares were trading 9.4% higher. The British aerospace and defense giant reported an underlying profit of...

Meta CEO and Facebook cofounder Mark Zuckerberg saw a significant boost to his wealth following a strong post-earnings rally in Meta's stock. Zuckerberg's net worth increased by $11 billion, jumping from $167 billion to $178 billion on Thursday as Meta’s share price climbed 6%, marking its second-largest gain in the...

Adore Beauty has announced the appointment of Sacha Laing, an experienced retail executive, as its new Chief Executive Officer. Laing, who previously served as CEO of Alquemie Group, will begin his new role on October 1. Laing brings over 25 years of experience in the retail industry. His most recent...

As the climate crisis intensifies and the advantages of sustainable transportation become increasingly evident, several European countries are compelling employers to cover the public transport expenses of their employees. This move aims to reduce private car usage and promote greener alternatives with minimal cost to taxpayers. Transport remains a significant...

Starting on September 1, 2024, Alexander Pollich will assume the role of President and CEO of Porsche China, Hong Kong, and Macao, based in Shanghai. Pollich brings over 23 years of experience with Porsche, having held various management roles. Since 2018, he has been serving as the Chairman of the...

A recent study conducted by market analysts at The Gold Bullion Company reveals that major gold-consuming nations are struggling to meet their demand through domestic mining, with India exhibiting the largest shortfall. The research examined gold data across various countries to identify the disparity between consumer demand and mined production....