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Shopping bag with Nestle products is pictured in the supermarket of Nestle headquarters in Vevey, Switzerland, February 13, 2020. REUTERS/Pierre Albouy

Nestle to cut 16,000 jobs as new CEO ignites ‘turnaround fire’

Nestle will cut 16,000 jobs as the world’s largest packaged food company seeks to cut costs and win back investor confidence.

Elon Musk, Chief Executive Officer of SpaceX and Tesla, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo

Musk’s legal fight over $56 billion payday from Tesla enters final stage

Elon Musk’s $56 billion pay package from Tesla should have been legally recognized when it was restored by a vote of the company’s shareholders last year.

WASHINGTON, DC - MAY 1: UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee on Capitol Hill on May 1, 2024 in Washington, DC. In February hackers stole health and personal data of what UnitedHealth says is "potentially a substantial proportion" of patient information from its systems. (Photo by Kent Nishimura/Getty Images)

UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’

UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday.

The new vMVPD company is "projected to be well-capitalized and cash-flow positive immediately after the closing of the Transaction," they said. Fubo shares surged Monday on the news.

Disney’s Hulu Live + TV And Fubo Announce Partnership

OAN Staff James Meyers3:18 PM – Monday, January 6, 2025 Disney and FuboTV on Monday announced a planned merging of Hulu Live +…

Unionized grocery store workers rally to oppose the proposed merger between Kroger and Albertsons outside a Ralph's supermarket in Los Angeles on April 13, 2023, out of concern for less competition, increasing food prices and putting union jobs at risk. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

Albertsons Scraps Merger, Files Lawsuit Against Kroger

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over its rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid.

Facebook, U.S. flag and Judge gavel are seen in this illustration taken, August 6, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

US Supreme Court tosses case involving securities fraud suit against Facebook

The Supreme Court sidestepped a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Facebook of misleading investors.