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Diageo Hires "Drastic Dave" Lewis to Lead Major Turnaround

Spirits giant Diageo, facing high debt and tariffs, taps former Tesco CEO Dave Lewis (known for his successful Tesco turnaround) to revive growth and revitalize major brands like Johnnie Walker and Guinness.

Diageo Hires "Drastic Dave" Lewis to Lead Major Turnaround
Photo by Thimo van Leeuwen on Unsplash
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Featured/ 11/10/2025 · 9:16 AM
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Gap Shares Drop as Tariffs Hit 2026 Profit Outlook Despite Strong 2025 Results
03/05/2026 · 5:24 PM

Gap Shares Drop as Tariffs Hit 2026 Profit Outlook Despite Strong 2025 Results

Gap delivered 8 straight quarters of positive sales growth and launched a $1B buyback, but tariffs and cautious profit forecasts sent shares tumbling nearly 8%.

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03/05/2026 · 4:59 PM

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Featured/ 03/05/2026 · 4:27 PM

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Marvell Technology beats Q4 estimates slightly and issues upbeat Q1 outlook of $2.4B revenue, topping expectations. AI demand fuels surge as shares rise up to 10% after hours.

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