Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter results.
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market contracted.
Foot Locker cut its outlook for the year after third-quarter results missed internal expectations due to higher promotions and soft spending from customers.
The Aperol maker said it would appoint Simon Hunt as its new chief executive officer, months after Matteo Fantacchiotti resigned from the role for personal reasons.
The British Gas owner said two of the power stations are now expected to generate electricity until March 2027, one year later than previously expected.
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights violations.
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