Category: Latest News
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T-Mobile shares dip after CEO Mike Sievert announces departure
T-Mobile US Inc (NASDAQ:TMUS) stock slipped 1% in premarket trading after the company revealed that Chief Executive Officer Mike Sievert will step down. The carrier said Srini Gopalan has been appointed as the next CEO, tasked with guiding the group into its “next era of growth and digital-first transformation.” Sievert will remain with the company…
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Amer Sports stock slides after Tibet fireworks investigation in China
Amer Sports (NYSE:AS) shares tumbled 8.4% on Monday following news that Chinese regulators have opened an investigation into a fireworks show held in Tibet and sponsored by its Arc’teryx brand. The display drew sharp criticism across Chinese social media, with users raising alarms about possible environmental harm in the fragile region. Amer Sports, which was…
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CNX Resources taps Alan Shepard as next CEO, starting January 2026
CNX Resources Corporation (NYSE:CNX) said Monday that Alan Shepard, who currently holds the roles of President and Chief Financial Officer, will be elevated to President and Chief Executive Officer beginning January 1, 2026. Shepard will take over from longtime leader Nick Deiuliis, who plans to retire from the CEO post at the end of 2025…
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Wall Street digests Trump’s new H-1B visa fee
Mega-cap U.S. technology companies remained relatively steady in Frankfurt trading following the announcement of a new H-1B visa fee by U.S. President Donald Trump. The White House proclamation, issued Friday, requires firms to pay $100,000 annually for each H-1B work visa, prompting companies including Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Goldman Sachs (NYSE:GS) to advise employees…
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Trump likely to greenlight TikTok agreement this week, WSJ reports
U.S. President Donald Trump is anticipated to approve a TikTok agreement via executive order later this week, stating that it meets legal requirements, the Wall Street Journal reported Monday, citing a senior White House official. The approval would conclude months of U.S.-China negotiations, which were closely tied to broader trade discussions, and provide a clear…
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Meta’s Llama AI Gains Approval for Use by U.S. Federal Agencies
Meta Platforms’ (NASDAQ:META) artificial intelligence system, Llama, has received authorization for use by U.S. government agencies, as the Trump administration continues efforts to adopt commercial AI solutions within federal operations. The General Services Administration (GSA), responsible for managing government procurement, will add Llama to its roster of approved AI tools for federal use, according to…
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Jefferies Flags Potential Pressure on Apple iPhone Prices Despite Strong Demand
Jefferies has raised concerns that Apple’s (NASDAQ:AAPL) latest iPhone lineup may face pressures on average selling prices (ASP), even as overall demand trends appear stronger compared with last year. Analysts at the firm noted that their “tracking of global lead time and HK’s resale prices indicates rising demand for iPhone 17, although the US is…
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Bristol Myers Squibb Aligns Schizophrenia Drug Pricing in UK and US
Bristol Myers Squibb (NYSE:BMY) will price its latest schizophrenia medication at $22,500 per year in the United Kingdom, the same as in the United States, according to the Financial Times. The company has opted to standardize the cost of the therapy across both markets, offering patients in the UK and US equal pricing for this…
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Premier Shares Jump Following $2.6 Billion Buyout by Patient Square Capital
Shares of Premier (NASDAQ:PINC), a provider of healthcare services, surged more than 9% on Monday after news broke that private equity firm Patient Square Capital will acquire the company in a deal valued at $2.6 billion. Under the terms of the agreement, Premier shareholders are set to receive $28.25 per share in cash, reflecting a…
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Lincoln Tech Marks 65 Years in Columbia, MD, Celebrating Workforce Impact and Community Partnerships
Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training, celebrated the 65th anniversary of its Columbia, Maryland campus earlier this month, reflecting decades of workforce development in the region. The school’s first Maryland location opened in Landover in 1960 before relocating to Columbia in 1997, expanding its program offerings and helping thousands…