Australia's Domino's Pizza Enterprises is weighing its legal options after a Federal Court ruled the company made misleading representations about pay agreements, resulting in the underpayment of franchisee employees.
Greg Ward, head of Macquarie's banking and financial services division, will take over as CEO on November 6, following the retirement of Shemara Wikramanayake after an eight-year tenure.
Tesla CEO Elon Musk suggested a potential merger with SpaceX is not off the table, pointing to increasing collaboration between the two companies during a recent earnings call.
Shares of Alphabet and Tesla declined in late trading after both tech giants reported higher capital spending on AI and missed earnings estimates, raising investor concerns about profitability.
Alphabet CEO Sundar Pichai addressed investor concerns about the company's AI competitiveness on a recent earnings call, highlighting a broader ecosystem of models and infrastructure despite the delay of its flagship Gemini 3.5 Pro.
The uranium miner's stock jumped after its quarterly report showed full-year production at the top of guidance, lower-than-expected costs, and a robust forecast for the upcoming fiscal year.
Macquarie Group has appointed long-serving executive Greg Ward to succeed Shemara Wikramanayake as CEO. Investors view the selection as a move to maintain the bank's current strategy, seeing Ward as a 'safe pair of hands'.
An employee of private prison operator GEO Group has been charged with felony assault after allegedly shooting and wounding a protester outside an ICE facility in Aurora, Colorado. The employee has been placed on unpaid administrative leave.
The U.S. House of Representatives narrowly approved a budget resolution authorizing $95 billion in new spending and advanced separate bills on congressional stock trading and voting rules ahead of the November elections.
