GameStop Corp., the struggling video-game retailer, fired Matt Furlong, its chief executive officer for the past two years, and said Chairman Ryan Cohen will take on a new executive role. The shares plunged.
GameStop Corp., the struggling video-game retailer, fired Matt Furlong, its chief executive officer for the past two years, and said Chairman Ryan Cohen will take on a new executive role. The shares plunged.
Uber Technologies Inc. pledged to eliminate carbon emissions and “unnecessary” plastic waste from its growing delivery business by 2040, bringing it in line with goals at its ride-hailing arm.
Uber Technologies Inc. pledged to eliminate carbon emissions and “unnecessary” plastic waste from its growing delivery business by 2040, bringing it in line with goals at its ride-hailing arm.
Gigaclear Ltd., a startup building out fiber-optic connections in the UK, has attracted investment commitments for as much as £420 million ($523 million) of equity to fund its race to connect rural homes to high-speed Internet access, according to people familiar with the matter.
Electric-vehicle sales are poised to more than double by 2026 but eliminating emissions from road transportation by the middle of this century will require even greater efforts, according to BloombergNEF.
The fluctuations in the property industry have been among the hardest to keep track of in recent months. Crest Nicholson reports this morning that they’re seeing a fall in inflation, and in some cases even price cuts from suppliers. That’s partly assisted by a slowdown in construction activity, which has helped match demand to the knotted supply chains caused by the pandemic and war in Ukraine. Of course, a recent fall in house prices might reduce the profit-taking on the table for homebuilder
Toshiba Corp. said it supports a buyout offer led by domestic private equity firm Japan Industrial Partners Inc., boosting the long-discussed takeover’s likelihood of going through.
South Korea’s authorities flagged the need to combat wash trading in its foreign-exchange market, as the country pushes extensive trading reforms to lure more offshore investors and get on global indexes.
Globe Telecom Inc., the Philippines’ second-biggest telecommunications company, expects e-wallet unit GCash to be ready for an initial public offering by yearend, President and CEO Ernest Cu said.
