Nestle 3Q earnings; announces 16,000 job cuts

Jars of Nescafe Instant coffee, part of food giant Nestle’s portfolio, sit on a supermarket shelf in Encinitas, California, U.S., September 2, 2025. Mike Blake | Reuters Nestle said Thursday it will cut 16,000 jobs as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant. In a bid…

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TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results versus…

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Brown University rejects Trump administration's compact

Brown University has rejected the Trump administration’s proposed settlement that would have required the university to change its campus policies in exchange for benefits in receiving federal funding. on wednesday Letter Brown President Christina Paxson told Education Secretary Linda McMahon and White House aides May Mailman and Vincent Haley that she was “concerned” that agreeing…

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