business
Mastercard Names Accenture Veteran as New CMO
Jill Kramer will succeed Raja Rajamannar, who led marketing and communications at the payments company for almost 13 years. Source link
Danaher Third-Quarter Earnings Rise; Pharma R&D Spend Expected to Rebound
The life sciences and diagnostics company posted sales of $6.05 billion and stands to benefit from an increase in pharmaceutical-research investment as tariff uncertainty eases. Source link
L’Oreal’s Sales Growth Picked Up, Fueled by Improvement in Key Markets
The French beauty giant posted quarterly sales of $12.03 billion and noted improvements in both the U.S. and China. Source link
Adidas Lifts 2025 Views on Rising Sales, Margins
Adidas said it expects a sharper increase in earnings this year than previously expected after booking higher revenue and fatter profit margins in the most recent quarter. Source link
Cracker Barrel CEO Explains Short-Lived Logo Change
Julie Felss Masino said the logo change was meant to help with the chain’s visibility on highway billboards. Source link
Blackstone, TPG to Buy Hologic for Up to $18.3 Billion
Under the terms of the deal, Blackstone and TPG agreed to acquire all outstanding shares of the women’s-health company for $76 apiece in cash. Source link
Coca-Cola Continues Bottling-Network Overhaul With $2.6 Billion Africa Stake Sale
Coca-Cola and a long-standing South African associate reached a deal to sell a majority stake in Coke’s largest bottler in Africa to a Switzerland-based bottling company. Source link
The Day Amazon Broke the Internet for Millions of Americans
The prolonged outage offered a reminder of the fragility of global internet connectivity and Amazon’s role underpinning much of online infrastructure. Source link
Amazon Says Web Services Have Largely Been Restored
The far-reaching outage disrupted services from retailers to airlines, social-media apps, financial-services companies and more. Source link
How Oracle’s Dual CEOs Will Co-Lead Its AI Makeover
Tech giant Oracle has reverted to a dual-CEO system that defies conventional wisdom, but it has broken tradition before in its evolution from databases to software, cloud-computing and AI infrastructure. Source link