Greg Foran has been confirmed as CEO of Kroger, the major U.S. supermarket chain, bringing decades of retail and leadership experience as the company aims to strengthen its competitive position.
Two major New Zealand banks trimmed short-term mortgage rates but raised other fixed home loan and term deposit rates as wholesale funding costs remain high.
Micron’s shares dipped after news Samsung will begin next-gen high-bandwidth memory production sooner than expected, reflecting investor sensitivity in the competitive AI memory market.
A trial examining whether Instagram and YouTube were designed to maximize user engagement in potentially addictive ways is underway, prompting broader reflection on platform design, responsibility, and digital habits.
Bitcoin’s recent rebound stalled near $71,000 as market sentiment sank to extreme fear levels not seen since earlier bear cycles. Traders tread cautiously amid weak participation and macro uncertainty.
In Los Angeles, a landmark trial opened where a woman alleges Instagram and YouTube were designed to be addictive to children, raising questions about tech accountability.
Uber agreed to buy Getir’s delivery business in Turkey from Mubadala, combining it with Uber’s existing services to expand the delivery ecosystem for users, couriers, and merchants.
Valaris shares jumped after Transocean agreed to buy the offshore rig owner in a $5.8 billion deal, signaling renewed confidence in industry consolidation and scale.
Alphabet plans to raise about $15 billion through a U.S. bond sale, a measured move that reflects favorable market conditions and the company’s ongoing focus on financial flexibility.
Peter Thiel’s hedge fund now holds only three AI-related stocks — Microsoft, Apple, and Tesla — after exiting Nvidia and Palantir, reflecting a measured approach to AI investment.
Bank of France Governor François Villeroy de Galhau will step down in June 2026, over a year before his term ends, to lead a charitable foundation, allowing a successor to be appointed before France’s 2027 election.
Melinda French Gates is directing substantial new funding toward underfunded programs for women and girls, supporting nonprofits, research, and collaborative grant initiatives to redress long‑standing funding gaps.
American Airlines flight attendants’ union passed a unanimous no‑confidence vote in CEO Robert Isom, citing poor performance, operational issues, and leadership concerns; pilots have also raised similar issues.
A landmark trial opened in Santa Fe as New Mexico accuses Meta of failing to protect children from sexual exploitation on its platforms; Meta denies wrongdoing.
The CFPB declined to cooperate with a GAO investigation into its layoffs and operational changes, citing ongoing litigation, and the GAO released a timeline-based report without full agency input.
Kroger has appointed former Walmart U.S. leader Greg Foran as its new CEO, succeeding interim leadership amid competitive retail pressures and strategic transitions.
Novo Nordisk has sued Hims & Hers over alleged patent infringement related to compounded semaglutide obesity drugs, seeking a ban on sales and damages amid broader regulatory scrutiny.
The U.S. and Canada retail operator of Eddie Bauer stores has filed for Chapter 11 bankruptcy amid declining sales and industry challenges, while separate e‑commerce and international operations remain unaffected.
AI‑themed ads at the Super Bowl drew attention but fell short of the emotional resonance achieved by humor and nostalgic storytelling in traditional commercials.
Alphabet is raising substantial funds through global bond issuances to support record capital spending, particularly on artificial intelligence infrastructure and data centers.
The FDA declined to approve Regenxbio’s gene therapy for Hunter syndrome, citing trial design and surrogate endpoint concerns; the company plans further discussion and data submission.
Toyota has confirmed the 2027 Highlander EV as its first fully electric three‑row SUV, marking a notable expansion of its battery‑electric lineup ahead of a full reveal.
Wall Street futures are steady after the Dow’s record close as investors await key U.S. jobs and inflation data, with markets reflecting cautious anticipation.
U.S. job creation remains modest and inflation is easing but still above target; upcoming labor and price data will shape investor and Fed expectations.