Seven & i Holdings, the parent company of 7-Eleven, announced on Thursday that it will replace its CEO Ryuichi Isaka with Stephen Dacus, the lead independent outside director, […]
Economy
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US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
WASHINGTON (AP) — U.S. employers added a solid 151,000 jobs last month, but the outlook remains uncertain as President Donald Trump’s policies, including threats of a trade war, […]
Technology
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Broadcom’s VMware Strategy Yields Strong Financial Growth
Broadcom’s acquisition of VMware has proven to be a financial success, with the company reporting significant growth after a majority of its top 10,000 customers opted to acquire […]
Uncategorized
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Walgreens’ Journey from Pharmacy Giant to Struggling Retailer
Walgreens, once a dominant force in the pharmacy industry, has faced significant challenges in recent years. The company’s history is marked by key milestones: In 1901, Charles R. […]
Economy
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Walgreens Boots Alliance Enters into Definitive Agreement to Be Acquired by Sycamore Partners
Walgreens Boots Alliance (WBA) has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm. The total value of […]
Economy
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7-Eleven’s Japanese owner appoints American CEO to fend off $47 billion takeover bid
Seven & I Holdings, the Japanese operator of the 7-Eleven convenience store chain, has appointed Stephen Dacus as its first foreign CEO. Dacus, who will take over on […]
Technology
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Broadcom Shares Surge Amid AI Growth and Optimistic Forecast
Broadcom’s shares experienced a significant rise as artificial intelligence growth drives an optimistic financial forecast. The company is tapping into a dynamic network of information, people, and ideas, […]
Economy
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Boots Acquired by US Private Equity Firm in $10bn Deal
Walgreens Boots Alliance, the owner of the UK pharmacy chain Boots since 2014, has been acquired by US private equity group Sycamore Partners in a $10bn (£7.7bn) deal. […]
Economy
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European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive’
The European Central Bank (ECB) cut interest rates by 25 basis points on Thursday, lowering its deposit facility rate to 2.5%. This move, widely anticipated by markets, reflects […]