Investing.com -- Workday Inc. announced Monday that co-founder Aneel Bhusri is returning as chief executive officer, replacing Carl Eschenbach effective immediately as the software company's shares have fallen sharply over the past year.
Eschenbach, who was named co-CEO in late 2022 alongside Bhusri before becoming sole CEO, is stepping down from the board but will remain as a strategic adviser to Bhusri, the company said in a statement.
Bhusri, who co-founded Workday in... (continue reading...)
Investing.com -- European Central Bank policymaker Peter Kazimir said on Monday that a significant shift in economic and inflation trends would be necessary for the ECB to consider altering its monetary policy stance.
The statement comes just days after the central bank maintained interest rates at their current levels.
"Looking forward, it would take a major departure from our baseline scenario for me to consider recalibrating the policy setting," Kazimir, who heads... (continue reading...)
Investing.com -- The U.S. IPO market is set for a significant rebound in 2026, according to Goldman Sachs analyst Ben Snider, who expects “120 IPOs totaling $160 billion” to come to market.
He said activity “should increase this year following just 61 deals in 2025,” though the rebound mainly reflects a return to typical levels rather than a structural surge.
Goldman Sachs’s forecast implies “a record year for IPOs in absolute dollar value,” but noted that this... (continue reading...)
Investing.com -- Stellantis will book €22.2 billion in charges tied to scaling back electric-vehicle plans. Wolfe see the writedown as a reset point after a sharp share price fall.
The automaker recorded the charges in the second half of 2025, part of a broader pullback across the industry as weaker demand and policy shifts lead companies to reassess EV spending. Ford and General Motors have also taken writedowns in recent quarters as incentives are rolled back and... (continue reading...)
Investing.com -- National Economic Council Director Kevin Hassett indicated that Americans should prepare for smaller job growth numbers in coming months, though this doesn't signal economic weakness.
Speaking on CNBC Monday, Hassett explained that declining population growth combined with rising productivity will naturally result in lower monthly job creation figures.
"I think that you should expect slightly smaller job numbers that are consistent with high GDP growth... (continue reading...)
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