Honda to invest $3 billion in new vehicle assembly plant in Ohio
Honda plans to invest $3 billion in a new vehicle assembly plant in Ohio, expected to begin production in 2029 with capacity for 240,000 vehicles annually and create over 2,000 jobs.
PepsiCo to cut about 1,000 jobs as North American business struggles
PepsiCo is cutting about 1,000 jobs across North America as it attempts to reverse declining sales and strengthen its domestic business performance.
Children’s Place files for bankruptcy protection, seeks buyer
Children’s Place, operator of 514 North American stores under its namesake and Gymboree brands, has filed for chapter 11 bankruptcy protection and is seeking a buyer with offers due by December 9.
Skydance outlines its $6 billion in planned cost savings. Here’s the breakdown
Skydance outlined plans to achieve at least $6 billion in cost savings over three years following its merger with Warner Bros. Discovery, targeting redundant functions, marketing spend, and technology consolidation.
AI helps UK economy grow at fastest pace for more than two years
UK economy grew 0.7% in Q3 2026, its fastest pace in over two years, driven primarily by artificial intelligence services expansion and strong IT sector performance.
Poundland owner secures two extra weeks to ensure retail chain’s survival
Poundland’s owner has secured a two-week court extension to continue searching for a buyer, with three potential bidders under consideration for the struggling UK retail chain.