Business News

Business

UnitedHealth Group Shakes Up Leadership: Dr. Patrick Conway Takes Helm as Optum CEO

UnitedHealth Group announces key leadership changes with Dr. Patrick Conway becoming the new CEO of Optum, replacing Heather Cianfrocco who moves to a broader corporate role, as pa...

Business

Tesla Accelerates Electric Semi Truck Production with 1,000 New Hires in Nevada

Tesla is expanding its electric Semi truck production by hiring over 1,000 workers at its Nevada plant, aiming to produce up to 50,000 units annually by 2026.

Business

Mondelez Reports Modest Q1 Revenue Growth Amidst Significant Profit Declines and Cocoa Cost Challenges

Mondelez International reports a 0.2% revenue increase to $9.3 billion in Q1 2025 but faces a steep 71.5% drop in net earnings to $402 million, attributed to rising cocoa costs and...

Business

Starbucks Reports a 2.3% Revenue Growth in Q2 2025, Reaching $8.8 Billion

Starbucks Corporation announced a 2.3% increase in Q2 2025 revenues, reaching $8.8 billion, compared to the previous year, highlighting its growth in the global market.

Business

Mondelez International Reports Slight Revenue Growth in Q1 2025 Amid Challenging Market Conditions

Mondelez International reports a slight revenue growth of 0.2% to $9.3 billion in Q1 2025, highlighting resilience in challenging market conditions. More insights to follow.

Business

Visa's Fiscal Q2 Triumph: Net Revenue Soars 9% to $9.6B Amidst Robust Payment Growth

Visa Inc. announced a 9% increase in net revenue to $9.6 billion for Q2, driven by growth in payments and cross-border transactions, with a net income rise to $4.6 billion.

Business

Tesla Accelerates Electric Semi Truck Production with 1,000 New Hires in Nevada

Tesla is significantly expanding its workforce by hiring over 1,000 employees for its Nevada plant to boost electric Semi truck production, aiming for initial deliveries by late 20...

Business

India's Corporate Investment Takes a Dive: 25% Drop in Capital Spending Forecasted for 2025-26

India's private corporate sector is forecasted to see a 25% drop in capital spending for 2025-26, with manufacturing leading the investment landscape. A government survey highlight...