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Morgan Stanley Expands Wealth Management DivisionBusiness
Jun 17, 2026By Ali Raza Sheikh

Morgan Stanley Expands Wealth Management Division

Morgan Stanley announced a major expansion of its wealth management division on June 17, 2026, hiring 500 new advisors. ...

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Goldman Sachs Cuts Investment Banking FeesBusiness
Jun 17, 2026By Ali Raza Sheikh

Goldman Sachs Cuts Investment Banking Fees

Goldman Sachs announced a reduction in standard investment banking advisory fees on June 17, 2026, to win back market sh...

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American Express Reports Record Consumer Spend in Q2Business
Jun 17, 2026By Ali Raza Sheikh

American Express Reports Record Consumer Spend in Q2

American Express Co. reported record consumer spending volumes for Q2 2026 on June 17, driven by travel and entertainmen...

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Mastercard Launches Biometric Payment CardBusiness
Jun 17, 2026By Ali Raza Sheikh

Mastercard Launches Biometric Payment Card

Mastercard Inc. launched a new biometric payment card with fingerprint authentication on June 17, 2026. The feature aims...

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Visa Partners with Major Crypto Exchange for Card IntegrationBusiness
Jun 17, 2026By Ali Raza Sheikh

Visa Partners with Major Crypto Exchange for Card Integration

Visa Inc. announced a strategic partnership with a major crypto exchange on June 17, 2026, to integrate crypto debit car...

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McDonald's Tests AI Drive-Thrus in 500 LocationsBusiness
Jun 17, 2026By Ali Raza Sheikh

McDonald's Tests AI Drive-Thrus in 500 Locations

McDonald's Corp. is testing AI-powered voice ordering drive-thrus in 500 locations starting June 17, 2026. The goal is t...

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Starbucks Closes 150 Underperforming US StoresBusiness
Jun 17, 2026By Ali Raza Sheikh

Starbucks Closes 150 Underperforming US Stores

Starbucks Corp. announced the closure of 150 underperforming US stores on June 17, 2026. The chain is optimizing its foo...

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L'Oreal Acquires Clean Beauty Brand for $800 MillionBusiness
Jun 17, 2026By Ali Raza Sheikh

L'Oreal Acquires Clean Beauty Brand for $800 Million

L'Oreal SA announced the acquisition of a clean beauty brand for $800 million on June 17, 2026. The deal strengthens its...

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Nestle Focuses on Pet Care Growth in 2026 StrategyBusiness
Jun 17, 2026By Ali Raza Sheikh

Nestle Focuses on Pet Care Growth in 2026 Strategy

Nestle SA outlined its 2026 strategic priorities on June 17, placing massive emphasis on the high-margin Purina pet care...

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Unilever Spins Off Global Tea BusinessBusiness
Jun 17, 2026By Ali Raza Sheikh

Unilever Spins Off Global Tea Business

Unilever PLC completed the spin-off of its global tea business on June 17, 2026. The divestiture allows the company to f...

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Procter & Gamble Raises Prices on Household GoodsBusiness
Jun 17, 2026By Ali Raza Sheikh

Procter & Gamble Raises Prices on Household Goods

Procter & Gamble announced price increases on select household products on June 17, 2026. The company cited persistent i...

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PepsiCo Acquires Plant-Based Snack StartupBusiness
Jun 17, 2026By Ali Raza Sheikh

PepsiCo Acquires Plant-Based Snack Startup

PepsiCo Inc. announced the acquisition of a leading plant-based snack startup on June 17, 2026. The deal expands its por...

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