The family-owned British knitwear maker lost money in its latest filed year. Its managing director says a turnaround is under way, built on new lines, partnerships and fresh equipment.
Trian Fund Management has offered $1.4 billion to take Wendy's private. The chain's sales are falling, its debt is heavy, and one investor is already attacking the move.
OpenAI reportedly cut its fundraising goal to $20 billion, and S&P moved Meta's credit outlook to negative. Capital for big AI spending looks tighter.
The Competition Commission of India approved Xavier Niel's purchase of 16.2% of Vodafone Group for about €5.1 billion, along with three other deals.
Oxfam's retail profit fell 23% and the British Heart Foundation plans 150 closures. Online resale and weaker donations are among the pressures cited.
The agency has updated a banner saying its web archive will be decommissioned on December 31, 2026. Researchers warn that tens of thousands of documents could be lost.