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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Why co-CEOs may be a bad idea

Dana Walden and Josh D’Amaro. Michael Buckner | Errich Petersen | Getty Images As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company’s next CEO. Disney has publicly stated it will name Iger’s successor…

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Levi Strauss (LEVI) Q3 2025 earnings

Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results.  During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago…

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