Business News

Business

Spotify Announces Global Subscription Price Increase, Excluding the US Market

Spotify is set to increase subscription prices in various countries outside the US this summer, with adjustments up to €1 for individual plans in Europe and Latin America. The US m...

Business

Colgate-Palmolive Reports a 3.1% Dip in Q1 Net Sales to $4.9B, Yet Beats Analyst Expectations

Colgate-Palmolive Co. announced a 3.1% decrease in Q1 2025 net sales to $4.9B, beating expectations. EPS rose to $0.85, with net income up 1.02% to $690M. The company forecasts 2%-...

Business

Meta's Llama AI Takes a Giant Leap for Mankind Aboard the ISS National Lab

Meta Platforms Inc. and Booz Allen Hamilton collaborate to send the Llama AI model to the ISS National Lab, aiming to revolutionize space research with cost-effective and adaptable...

Business

Google Braces for Second Antitrust Trial This September Amid Ongoing Legal Challenges

Google is set to face another antitrust trial in September, as per a joint proposal with the DOJ. This adds to its existing legal woes, including a separate case focusing on its se...

Business

Hitachi Energy Boosts Virginia's Economy with a $22.5 Million Investment and 120 New Jobs

Hitachi Energy announces a $22.5 million investment in Virginia, aiming to modernize facilities in Bland County and establish a new warehouse in Atkins, creating 120 jobs and bolst...

Business

Nestle Announces Leadership Transition: Jeff Hamilton to Succeed Steve Presley as Americas CEO

Nestle appoints Jeff Hamilton as the new CEO of Zone Americas, replacing Steve Presley who retires after nearly 30 years. Hamilton brings vast international experience to the role.

Business

Tesla Surges 10% Amid US Regulatory Ease, Sparks India Market Entry Speculations

Tesla's stock jumps 10% after US eases regulations on autonomous vehicles, while refunds in India hint at market entry. Despite the surge, Tesla's year-to-date stock performance re...

Business

India's Economic Optimism Grows: Business Confidence Index Rises to 139.3 in Q4

India's Business Confidence Index (BCI) rose to 139.3 in Q4 of FY2024-25, reflecting steady optimism among businesses. The index, based on economic expectations, financial position...