Business ❯Corporate News

Company Announcements

Acquisition Deals CEO Statements Mergers and Acquisitions Schaeffler Job Cuts Executive Resignation Layoff Reports Continental AG Staff Changes Operational Changes Partnerships Store Closures

Rite Aid to Close 115 Stores and List Remaining Locations for Sale Amid Bankruptcy

The pharmacy chain secures $1.94 billion in financing to sustain operations while restructuring and facilitating prescription transfers.

Merck in Advanced Talks to Acquire Springworks Therapeutics for $3.5 Billion

Block Finalizes Layoffs of 931 Employees in Restructuring Effort

Continental to Cut 3,000 Jobs Globally and Close Key German Site

Renk CEO Susanne Wiegand Steps Down After Transformative Tenure

Elon Musk’s xAI Ends $10 Billion Cloud Deal with Oracle