
Trump Media Replaces CEO Devin Nunes After Stock Plunge Wipes Out Billions
Trump Media & Technology has replaced CEO Devin Nunes with Kevin McGurn following a 67% stock decline that eliminated over $6 billion in investor value.

Trump Media & Technology has replaced CEO Devin Nunes with Kevin McGurn following a 67% stock decline that eliminated over $6 billion in investor value.

Multiple automakers announce strategic changes with Nissan cutting European jobs and Harley-Davidson targeting affordable motorcycles.

The Securities and Exchange Commission issued a proposal Tuesday giving public companies the option to report financial results semiannually rather than quarterly.

Harvard University faculty voted to cap the number of top grades that can be awarded in approximately 20% of undergraduate courses.

CEOs warn of returning inflation pressures while students shift toward AI-resistant career paths amid economic uncertainty.

Three separate business developments emerged involving UK hiring concerns, potential chip price increases, and Asian outsourcing changes.
Adult content platform OnlyFans sold a 16% minority stake to Architect Capital for $535 million, establishing a $3.15 billion valuation.
Oil markets face potential risk underpricing while energy companies pursue major investments and asset sales across multiple regions.
Two major apartment REITs are reportedly close to combining in what would create a multifamily real estate giant.

Cosmetics giant Estée Lauder is reportedly in discussions to acquire Spanish beauty company Puig, which owns brands like Carolina Herrera and Charlotte Tilbury.
Major airlines are increasing baggage fees and reducing flight schedules as jet fuel prices swing wildly due to Middle East tensions affecting oil supplies.
U.S. crude stockpiles increased for seventh straight week while Canadian crude and North Sea oil prices hit multi-year highs amid tight supply conditions.

Companies report varied quarterly results as energy price volatility and electric vehicle transitions reshape business performance globally.

Various business developments reported across energy, AI, finance and technology sectors.

IBM agreed to pay $17 million to settle a government diversity probe while financial regulators increase scrutiny of private credit markets.
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