Business

A $24 billion Dutch lender is cutting its workforce—and to get the remaining staff on board, the CEO is having sandwiches with them

The $24 billion Dutch bank ABN Amro is cutting a fifth of its workforce over the next three years—so how is its CEO...

Dow’s CEO handoff elevates an insider and proven operator

Dow is making a closely watched leadership change at a pivotal moment for the chemical industry. The company said Thursday that Karen Carter, Dow’s...

Wall Street is the biggest winner of the Iran war—and the S&P 500 just turned positive for the year

Markets opened down nearly 1% across the indexes on Monday, but news-aggregating accounts online and on social media picked up a report by...

Stock futures sink, oil spikes as Navy looks to block Iran’s exports and break its grip on Hormuz

After a week when ceasefire hopes lifted sentiment and stock prices on Wall Street, the U.S. war on Iran could soon flare up...

This TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’

Allison Ellsworth admits she’s not the typical founder story. She was, by her own telling, “a solid C student,” a partier, someone who...

AWAL and lemontank launch ‘Creator Fund’ to find the next generation of British music-focused content creators

AWAL has launched a fund aimed at discovering and developing British content creators working on music-focused formats, in partnership with Gen Z creative...

From Pershing Square’s $64 billion bid for UMG to Wireless Festival’s Kanye West cancellation… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...

The world’s 500 richest people made more than a quarter trillion yesterday

Wall Street traders saw a huge surge yesterday, and the world’s wealthiest billionaires had their best day in nearly a year, after President...

Bill Ackman thinks he’ll convince UMG shareholders to take his deal. JP Morgan isn’t so sure.

Universal Music Group confirmed on Tuesday (April 7) that its board received an unsolicited, non-binding proposal from Bill Ackman‘s Pershing Square — a...
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