Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former…
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DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing users will be…
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Business
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
by adminShares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.…
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Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to…
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When the Trump administration announced a return-to-office mandate this week, it stated Americans “deserve the highest-quality service from people who love our country.”…
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Business
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
by adminAmerican Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped…
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Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two…
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UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
by adminUnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian Thompson, in Manhattan…
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A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in tech…
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Business
Retail crime ‘queenpin’ to pay millions in restitution to retailers for theft ring
by adminThe California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and…