In a surprising move, Novo Nordisk CEO Lars Fruergaard Jorgensen steps down as the company faces significant market challenges and competition from Eli Lilly's Zepbound. With share prices plummeting, the board seeks new leadership to navigate the turbulent landscape.
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
In a surprising move, Microsoft has confirmed it will lay off thousands of employees, potentially affecting over 6,800 workers. This marks the largest wave of layoffs since 2023, as the tech giant navigates a challenging market.
In a surprising turn of events, UnitedHealth Group announces a new CEO as Andrew Witty steps down. Stephen Hemsley returns to lead amid stock market challenges and ongoing scrutiny over corporate practices.
As Meta prepares for its earnings release, all eyes are on CEO Mark Zuckerberg and the company’s AI investments amidst market challenges and the looming FTC trial. Will they meet investor expectations?
Chinese EV maker BYD has overtaken Tesla in annual revenue, reporting a 29% increase to 777 billion yuan. With new lower-priced models and advanced technology, BYD is poised for growth amid Tesla's controversies and market challenges.
U.S. employers added 151,000 jobs last month, but looming trade wars and federal layoffs paint a concerning picture for the economy. Experts warn of potential job market challenges ahead.
