Sabela Ojea

Broadcom shares leapt after the chip and software company raised its quarterly dividend and reported a big jump in revenue. The company has emerged as a big winner in the AI boom by helping companies such as Alphabet's Google and Meta Platforms design and produce chips. Broadcom shares were up more than 19% shortly after the market open.

Pfizer forecast 2025 revenue and earnings in line with market expectations, despite a $1 billion hit from the redesign of federal drug benefits.

The aviation services company, which obtained profits of nearly $24 million as a result of the schemes, entered into an 18-month non-prosecution agreement with the Justice Department.

Angi CEO Jeff Kip will continue to head the company as IAC’s 10th fully independent company, IAC said.

IAC said that it is reorganizing the company through a plan that includes the exit of Chief Executive Joey Levin and a spinoff its entire stake in home-services company Angi.

The lead independent director and former chair of the board at Starbucks, Mellody Hobson, isn't standing for reelection at the coffee chain's upcoming annual shareholder meeting. Seattle-based Starbucks on Thursday said that earlier this week Hobson informed the board of her decision after a four-y

CFO JOURNAL Mattel Chief Financial Officer Anthony DiSilvestro plans to retire after five years in the role, the company said. The toy maker on Thursday said that DiSilvestro, who joined the company in August 2020, will retire on May 15 and serve as an adviser through Aug.