PepsiCo to Acquire Prebiotic Soda Brand Poppi for $1.95 Billion
PepsiCo agreed to acquire prebiotic soda brand Poppi for $1.95 billion, giving the company a stronger foothold in the prebiotic soft-drink market.
Klarna Replaces Affirm as Buy-Now-Pay-Later Provider at Walmart
Swedish fintech Klarna will become the exclusive buy-now-pay-later provider at Walmart in the U.S., replacing rival Affirm.
Airbnb Boosts Marketing and Hiring Ahead of Push Into New Businesses
Online property rental company's new initiatives focused on experiences and other services are set to launch in May.
UBS Braces for Most Complex Phase of Credit Suisse Integration
The banking group begins the migration of former Credit Suisse client accounts in Switzerland to the UBS platform in the second quarter.
Fast-Fashion Retailer Forever 21 Files for Bankruptcy in the U.S.
Forever 21's U.S. operator filed for bankruptcy, the latest retail casualty hurt by changing consumer spending and fierce competition from foreign retailers.
Pfizer Has a New Playbook for Reviving Sales-and It's Starting to Pay Off
The drugmaker has revamped how it packages, promotes and sells certain medicines in an effort to overcome a postpandemic slump.
Samsung Leads Gains by Nvidia's Asian Suppliers Ahead of Key AI Event
Shares of Nvidia's Asian suppliers rose ahead of the U.S. chip giant's key annual artificial-intelligence conference as the expected unveiling of next-generation AI chips boosted investors' sentiment.
The Prime Suspect Behind California's Eaton Fire: A 'Zombie' Power Line
An investigation by utility Southern California Edison is increasingly focused on whether a decommissioned line was re-energized, sparking the deadly blaze.
Berkshire Hathaway Raises Stakes in Japanese Trading Houses
National Indemnity, a wholly owned unit of Berkshire Hathaway, said that it increased its stakes in the five trading houses by between 1.0% and 1.7%.
Baidu Launches New Reasoning AI Model in Challenge to DeepSeek
Baidu introduced Ernie X1, a reasoning model that can support tools such as advanced search, generation of AI images, and webpage reading.
(END) Dow Jones Newswires
March 17, 2025 09:00 ET (13:00 GMT)
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