Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers

by News Feed Editor | Apr 1, 2026 | Business

In this articleVOW3-DEXPEVSTLA9863-HKLCIDFollow your favorite stocksCREATE FREE ACCOUNTIn 1984, Volkswagen partnered with a Chinese automaker because it was required by Chinese law.Now the German company is partnering with Chinese automakers because it wants to use...

Nike shares fall 9% on weak outlook, expected 20% sales decline in China

by News Feed Editor | Mar 31, 2026 | Business

In this articleNKEFollow your favorite stocksCREATE FREE ACCOUNTA Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026.Brandon Bell | Getty ImagesShares of Nike fell in extended trading Tuesday after the retailer warned sales will fall for the rest of...

Tom Brady, famed health nut, explains his junk food endorsements in retirement: ‘Moderation in all things’

by News Feed Editor | Mar 31, 2026 | Business

From Pizza Hut to Dunkin’, Tom Brady is seemingly everywhere these days promoting food brands he once wouldn’t have touched during his NFL playing days. The seven-time Super Bowl winning quarterback famously followed a strict health-focused diet and once...

Mercedes U.S. CEO sets ambitious sales goal despite ‘tougher’ market than anticipated

by News Feed Editor | Mar 31, 2026 | Business

Mercedes-Benz USA CEO Adam Chamberlain said Tuesday that 2026 is shaping up to be more challenging than expected.  “If you look at the market in the first couple of months of the year, the market environment is definitely a little tougher than we...

McCormick buys Unilever’s food business in deal that values it at nearly $45 billion

by News Feed Editor | Mar 31, 2026 | Business

In this articleULULVR-GBMKCFollow your favorite stocksCREATE FREE ACCOUNTMcCormick will buy Unilever’s food business for a combination of cash and equity, in a deal that values the Unilever unit at nearly $45 billion, the two food companies announced.To purchase...

Lilly to spend up to $7.8 billion to acquire Centessa, a maker of experimental sleep disorder drugs

by News Feed Editor | Mar 31, 2026 | Business

In this articleLLY260-FFFollow your favorite stocksCREATE FREE ACCOUNTEli Lilly Chair and CEO Dave Ricks speaks during a press conference in Houston, Texas, Sept. 23, 2025.Antranik Tavitian | ReutersEli Lilly has agreed to pay up to $7.8 billion to acquire Centessa...