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Kalle Friz Named Managing Director for Universal Pictures Germany and Austria

The veteran executive will assume the role in July 2025, overseeing strategy and operations in one of Universal's largest European markets.

Intel to Cut Over 20% of Workforce in Sweeping Restructuring

Elon Musk Signals Exit from DOGE as Savings Targets Dwindle

Big Lots Begins Phased Reopening Under New Ownership

Darden Restaurants Reports Mixed Results but Maintains Optimistic Outlook

Nio Faces Delivery Shortfalls and Widening Losses in Q4 2024

Kohl's Faces Financial Turmoil as Sales and Stock Plummet

Aberdeen Restores Vowels in Rebrand After Abrdn Experiment

Family Feud Erupts Over Leadership of $28.5 Billion Singapore Empire

Warren Buffett Reflects on Investment Lessons and Berkshire's Future in 2025 Letter

Sonos to Lay Off 200 Employees in Major Restructuring Effort

Macy's to Close 65 Stores by Year's End as Part of Strategic Overhaul

Payload Studios Faces Second Round of Layoffs Amid Project Shortfall

ADM Faces SEC Probe and Stock Decline Amid Accounting Errors

Parkland Corp. Cuts Earnings Forecast Amid Global Refinery Challenges

Tesla's Former Vehicle Program Chief Joins Waymo Ahead of Robotaxi Unveiling

H&M Scraps Profit Target After Q3 Earnings Miss

New Book Reveals Chaos of Elon Musk's Twitter Takeover

Starbucks North America CEO Michael Conway Resigns After Brief Tenure

Volkswagen Faces Critical Challenges Amid EV Transition

Rite Aid Names CFO Matt Schroeder as CEO After Exiting Bankruptcy

Best Buy Surpasses Earnings Expectations, Raises Profit Forecast

Samsung Chairman Orders Shakeup Over Alleged Apple Design Copying