The Latest Breaking News from Company

Krispy Kreme Inc (NASDAQ:DNUT) has promoted Josh Charlesworth to Global President and Chief Operating Officer. This newly created role will oversee the expansion of the company's global footprint and growth strategy. Charlesworth has served as Krispy Kreme's CFO since April 2017 and COO since May 2019. The company has engaged a search firm…

Baidu, Inc (NASDAQ:BIDU) electric vehicle arm Jidu Auto launched a "robot" concept car via an online press conference held on Baidu's metaverse-themed app Xirang. It is the first vehicle to be revealed by a Chinese internet company. The concept car is free of door handles and is fully controlled via voice recognition, Reuters reports.…

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) self-driving trucking unit Waymo Via, and Uber Technologies, Inc's (NYSE:UBER) Freight business collaborated for the efficient deployment of autonomous trucks. The financial terms of the transaction remain undisclosed. Now Waymo customers can use Uber Freight to plan their automated and human-driven trucking fleets more efficiently. Also Read: Lyft Pauses Hiring, Budgets To…

Aerospace and defense company Raytheon Technologies Corp (NYSE:RTX) plans to establish its worldwide headquarters in Arlington, Virginia, as Washington, D.C., serves as a convenient travel hub for its global customers and employees. RTX is currently based in Waltham, Massachusetts. The company plans to maintain its substantial presence in the U.S., encompassing 600 sites…

Kohl's Corp (NYSE:KSS) Board of Directors has entered into exclusive negotiations with Franchise Group Inc (NASDAQ:FRG) over the potential sale. Franchise's bid of $60 per share constitutes a 42.5% premium to Kohl's closing price of $42.12 on June 6. Related: Sycamore, Franchise Group Submit Bids for Kohl's: WSJ The discussion will go on for three weeks to…

Vancouver, British Columbia – TheNewswire - May 30, 2022 – Blackhawk Growth Corp. (CSE:BLR); (CSE:BLR); (OTC:BLRZF); (Frankfurt:0JJ) (the "Company"), is pleased to announce that the financial statements and MDA for its first quarter ended March 31, 2022 have been filed on Sedar.

Starbucks Corp (NASDAQ:SBUX) is reopening its stores in China after a resurgence in the COVID-19 cases prompted the closure of business activities in the country, Bloomberg reported. The coffeehouse chain has reopened 600 out of its 940 stores. The report added that the company plans to offer only online orders but will…

BRP Inc (NASDAQ:DOOO) (TSX:DOO) reported first-quarter FY23 sales flat Y/Y at C$1.81 billion. The company said it experienced continuing supply chain-related disruptions and inefficiencies in an increasingly inflationary environment. The gross profit for the quarter fell 16.2% Y/Y to C$454.4 million, and the gross margin contracted 490 basis points to 25.1%. Normalized EBITDA…

Kohl’s Corp (NYSE:KSS) has received takeover bids form from private-equity firm Sycamore Partners and retail holding company Franchise Group, Inc (NASDAQ:FRG), the Wall Street Journal reported. Sycamore proposed $50 a share, and Franchise Group offered $60 per share, the report noted, valuing the company between $7 billion - $8 billion. The bidders had previously said…