Business & Economy
Explore the latest Business & Economy global economic trends on TrueNewj.com.. Stay informed with expert insights, market updates, startup stories, and financial analysis from India and around the world
DTM: Lowering price target to $156.00
DTM: Reduction of target price to $156.00 Source link
Does renters insurance cover mold damage?
Finding mold in your apartment can be stressful. And one of the first questions you may ask yourself is: Will renters insurance cover mold damage? Here’s how mold coverage works, when your renters insurance can help, and whether you or your landlord are responsible for paying for damages. It depends: What caused the mold? Whether…
Canceling travel insurance for any reason: Is it worth the extra cost?
Travel insurance can save your budget when a covered emergency ruins a trip. But standard trip cancellation benefits have a catch: The reason must be on the policy’s approved list. Cancel for any reason (CFAR) travel insurance gives you more leeway than a standard plan. CFAR won’t reimburse everything and it’s not cheap, but if…
69-year-old furniture store chain files for Chapter 11 bankruptcy
Certain furniture and mattress retailers will face financial difficulties in 2026, after the industry found success in 2025. The furniture industry showed positive sales results in 2025, as the top 100 retailers posted a combined sales increase of 0.9% to $51.2 billion, based on furniture, bedding and accessories, after a two-year decline, according to Furniture…
Nestlé will directly buy the “ready-to-drink” company Yfood
Nestlé has acquired the rest of Yfood, the “ready-to-drink” company in which it first invested three years ago. The deal, announced today (June 3), is the first acquisition by Nestlé since CEO Philipp Navratil took the helm of the world’s largest food and beverage group last September. It also follows the deal, announced in March,…
Verizon’s strict policy makes customers wait longer in stores
Verizon is quietly enforcing a strict policy that employees say is causing customers to experience long lines at stores. The requirement comes as the airline has been implementing major operational changes in recent months as its new CEO, Dan Schulman, works to reverse years of customer losses. Shortly after Schulman became CEO of Verizon in…
Medtronic reports highest annual revenue growth in a decade
Medtronic has reported total revenue of $36.4 billion in fiscal year 2026 (FY26), a figure the company says reflects the highest annual growth achieved in 10 years. With FY26 revenue indicating an 8.4% year-over-year (YoY) increase, Med-ABtronic expects FY27 growth to fall in the range of 6.75% to 7.25% on an organic basis, and earnings…
AMD CEO Lisa Su delivers rare message on AI careers
As artificial intelligence (AI) transforms workplaces around the world, most people are asking the same question: What skills will still be important when AI can do so much? According to Lisa Su, CEO of Advanced Micro Devices (AMD), the answer is not simply learning how to use artificial intelligence tools. Su recently told graduates on…
Henkell Freixenet in talks to buy majority of Maison Pommery
Henkell Freixenet is in talks to acquire a majority stake in French champagne producer Maison Pommery & Associés. A statement from Maison Pommery yesterday (June 2) confirmed that it had begun talks with Henkell International, a subsidiary of Henkell Freixenet. The talks, which will last for two months, revolve around “a strategic combination proposal” that…