The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it caused wide-scale disruption of operations. Source link
Tag: SYND
China's Moutai Wants to Satisfy All Your Cravings
The company is diversifying from liquor into chocolates and other goodies. The new offerings might not stick, but its core brand is so valuable that may not matter. Source link
Investors Keep Putting Money Into Private Credit
Key flows of money into private-investment vehicles seem to be stabilizing, boosting shares of managers. Source link
Societe Generale Sees Slower Revenue Growth Through 2026
By Adria Calatayud Societe Generale is targeting slower average annual revenue growth between 2022 and 2026 than for the 2021-25 period, and aims to streamline its portfolio and reduce oil-and-gas exposure as…
You Might Be Paying Too Much for That Index Fund
The push toward zero-cost exchange-traded funds nears the finish line. Source link
The Tech Trade Is Showing Cracks. Higher Rates for Longer Spell More Trouble
Technology stocks have powered the 2023 market rally—and become increasingly expensive in the process. Source link
Arm IPO Excites Wall Street, but Challenges Loom
British supplier of designs for chips, long seen as the industry’s Switzerland, is challenged with growing beyond its dominance in mobile phones without upsetting existing customers. Source link
M&A Can Pay Off, but It's Far From a Sure Thing
Do mergers and acquisitions work? The latest research says it’s a tossup. Source link
Amazon Searches for Its Next Big Hit
Listen to article (1 minute) The team atop Amazon.com has been pushing for years to find what they call a “fourth pillar,” an internal shorthand for the company’s next big hit. Copyright…
More New York Flight Cuts Expected Amid Air-Controller Shortages
Delays and cancellations could increase without flying reductions, the FAA said. Source link