Selection of a CEO is the midpoint of a process, not the end. The CEOÂ is unique, particularly in the current atmosphere of complexity and volatility. These uncertainties require… Read More
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Tesla has recalled its Cybertrucks over operational issues. A total of 27,185 Cybertrucks have been recalled, the fifth recall for Cybertrucks within a year.
The recall has been linked to a… Read More
Levi Strauss has trimmed its annual earnings forecast as the overall revenue of its third fiscal quarter was lower than expected.
On Wednesday, Levi’s stocks fell more tha… Read More
Tesla posted its Q3 vehicle production and deliveries report on Wednesday that was below estimate. Tesla’s stock fell as much as 3.7% a… Read More
Nike share price tumbled by 6% in after-market trading as it withdrew annual revenue forecast on Tuesday. The pull out of the revenue forecast came… Read More
McCormick & Co. Share price rose on Tuesday as the spice maker posted better-than-expected results on its product offerings and cost-cutting. Hot sauce maker McCormick raised its annual… Read More
Drugstore chain giant CVS Health, which is already shutting stores to reduce costs, now plans layoffs of about 2,900 employees. The CVS job cuts is a belt-tightening… Read More
Tesla and its CEO Elon Musk on Monday won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities that popped up its stock p… Read More
The CEO of hospital operator Steward Health Care, which filed for bankruptcy protection in May, resigns after failing to testify before a U.S. Senate panel. Ralph de la Torre wil… Read More
Healthcare-focused Glenview Capital Management  a major CVS Health shareholder will meet top executives at struggling healthcare company on Monday. Glenview will meet… Read More
We are living in a constantly evolving world, with technological innovations, shift in demographic, and a growing emphasis on sustainability reshaping the… Read More
If a company wants to grow and be innovative, then it has to have diversity and open-mindedness. Organizations that want to succeed must cultivate an environment that embraces th… Read More
Costco Wholesale reported fiscal Q4 earnings that missed market expectations for revenue on Thursday. Costco’s revenue was hurt by cautious consumer spending on pricier it… Read More
Southwest Airlines Co stock gained more than 10% after the airline raised its Q3 forecast for revenue per available seat mile and announced a $2.5 billion share repurchase program. Southwest… Read More
American Eagle Outfitters sues Amazon for trademark infringement, alleging the e-commerce giant used branding from its Aerie clothing line in search results. American Eagle Outfitters filed… Read More
The U.S. Justice Department on Tuesday sued Visa the world’s biggest payments network with antitrust lawsuit. The DOJ sues Visa saying it propped up an illegal monopoly ov… Read More
Starbucks’ recently appointed CEO, Brian Niccol, has addressed the ongoing union negotiations at the coffee chain and said he “deeply respectsâ&eu… Read More
Miniso Group Holding stock fell as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said it would take a stake in embattled Chinese supermarket operator Yonghui Superstores. Share… Read More
Bitcoin saw a serious price jump as it reached for one-month highs on Monday. This price rise was after Bitcoin sustained the rally after the Federal Reserve’s super-sized… Read More
Automobile manufacturer General Motors (GM) has announced another round of layoffs at its Fairfax Kansas factory, U.S. According to a Worker Adjustment and Retraining Notificatio… Read More
Luxury and opulence have reached new heights in today’s world. Let’s explore the most expensive things in the world, whose staggering price tags that sy… Read More
Becoming a startup founder is kind of similar to setting sail into uncharted waters. There are very few stories of startup founders that combine all the things that shouts entrepreneurship s… Read More
Nike on Thursday announced former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as new president and CEO. CEO John Donahoe is stepping down and co… Read More
On Thursday, Macy’s said it will be hiring more than 31,500 full and part-time employees for the upcoming holiday season. Though Macy’s seasonal hiring… Read More
Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing workers strike as the company races to preserve cash. The decision to furlough was… Read More
The United Auto Workers (UAW) union is eyeing multiple U.S. strikes against Stellantis, the French-Italian carmaker. This is about a year after a national walkout cost Stellantis billions of… Read More
Intuitive Machines announced on Tuesday it has bagged a navigation and communication services contract of up to $4.82B from NASA for missions in the near space region… Read More
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $30BÂ to develop data centers for artificial intelligence (AI) and the energy infrast… Read More
Microsoft Corp. declared a new $60B share-buyback programme, matching its largest-ever repurchase authorization, and raised its quarterly dividend by 10%. Microsoft s… Read More
Boeing’s worker strike is entering its fourth day with more than 30,000 being part of it. This has lead to Boeing freezing hiring and is also weighing temporar… Read More
OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup in May, has raised $1B from investors for his new AI company, Safe Superintelligence, or SSI. Safe Su… Read More
Dollar Tree stock fell more than 22% on Wednesday after the discounter cut its full-year earnings outlook. Dollar Tree said this is due to increasing pressures on middle-income and higher-in… Read More
AI heavyweight Nvidia saw its share price tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company. Nvidia share price fell to a three-week low… Read More
Rite Aid, the Philadelphia-based pharmacy has completed financial restructuring and successfully emerged from Chapter 11 bankruptcy. Rite Aid coming out of bankruptcy was after the U.S. drug… Read More
Volkswagen is considering whether to close factories in Germany for the first time in its 87-year history. Volkswagen is considering plant closure, is a move that shows the&n… Read More
On Monday, Chinese technology giant Huawei said it plans to hold a product launch event this month just hours after Apple’s annual iPhone reveal. Huawei Technologies is preparing… Read More
Popular Chinese electric car giant BYD had record sales of passenger vehicles in August, with sales of hybrids growing faster than those of battery-only cars. As per BYD, sales in… Read More
A major Hong Kong property developer, New World Development stock plunged 14%. The drop in share price of New World Development was after it estimated a net loss of as much as HK$20 billion… Read More
When as a digital creator you get the hang of social media algorithms, they can become your powerful toolkit to growth and engagement. As digital explorers, marketers, and creators, understa… Read More
The digital era has revolutionized the way people express their creativity. It has also opened up unprecedented opportunities on how digital creators earn through their creations. From art a… Read More
Ulta Beauty annual sales and profit forecasts was cut on Thursday, hurt by slowing demand for higher-priced cosmetics and fragrances at its stores. There is a dip in demand fo… Read More
Dell Technologies reported quarterly earnings results on Thursday that beat Wall Street estimate, powered by an 80% increase in server sales. The stock rose more than 3% in extended tra… Read More
Nvidia earnings result was reported for the quarter gone by after the bell on Wednesday. While Nvidia’s earnings were mostly ahead of expectations, the company’s revenue forecast… Read More
Traders in the U.S. equity options market are expecting Nvidia upcoming earnings report to spark a more than $300B swing in the shares of the world’s most dominant artificial intellige… Read More
As per U.S. FTC (Federal Trade Commission) in federal court Kroger’s $25 billion merger deal with rival grocer Albertsons is bad for shoppers. The Kroger Albertsons merger trial h… Read More
PetroChina Co. posted record earnings with rise in operating profit for the first half of the year. This high earnings is a result of high drilling output and strong oil prices helped by wea… Read More
Technology giant Nvidia is all set to announce another surge in profits on the back of doubling revenue as it benefits from the rapid adoption of generative AI (artificial intelligence). The… Read More
The role of a CEO or the chief executive officer is very coveted and one of the ultimate goals or achievements for many executives. While everyone wants to be a CEO, not everyone is clear ab… Read More
CEOs’ roles have moved beyond profit generating in today’s swiftly changing global marketplace. CEOs’ roles is also to be a linchpins of business sustainability and et… Read More
Ross Stores raised its fiscal 2024 profit forecast and posted Q2 earnings results above Wall Street estimates on Thursday. The increase in earnings was benefited by demand for… Read More