Taiwan Semiconductor Manufacturing Co.’s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom.
Novartis now expects its core operating profit to grow in the mid to high teens, after second-quarter results outpaced analysts’ expectations, boosted by revenue from its blockbuster treatments.
Anglo American cut its 2024 coal-production target after a fire incident at a major mine is set to suspend production for the rest of the year, while backing guidance for its key metals copper and iron ore.
The move follows a similar retreat by Tractor Supply as more companies face criticism over DEI.
San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.
Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.
