DuPont said it would split into three separate companies and that Chief Executive Edward Breen would transition to executive chairman, effective June 1.
The deal could help TNT parent Warner Bros. Discovery shore up its position in sports as it faces the possibility of losing NBA rights.
The content-licensing pact aims to cash in on a technology that promises to have a profound impact on the news-publishing industry.
The U.K. Financial Conduct Authority fined Citigroup Global Markets $35.3 million after failings in the group’s systems and controls led to $1.4 billion of equities being sold in error.
The U.K. retailer booked an annual pretax profit of $855 million, below analysts’ forecasts, but said it was confident it would make further progress in 2024-25 and beyond.
Companies really don’t give that much thought to what we listen to as we wait. They should start paying more attention.
