Taipei-listed stock in TSMC hit a record high on Friday after the chipmaker posted forecast-beating Q3 earnings and predicted a rosy outlook on strong artificial intelligence (AI) demand. Ta… Read More
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Netflix saw subscriber growth of upto 5.1 million streaming in the Q3, topping Wall Street estimates by more than 1 million. NetflixÂ&nb… Read More
Meta declared mass layoffs of employees across units including Instagram, WhatsApp and Reality Labs, as per report on Wednesday. After laying off 11,000 e… Read More
Robinhood launched its long-awaited desktop platform and added index options trading features to its mobile app on Wednesday. The Robinhood  desktop trading will help… Read More
Hardware wholesaler True Value filed for Chapter 11 bankruptcy on October 14 as its sales have steadily gone downhill. The company seeks to sell itself to the hardware rival â€&oe… Read More
United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday. The strong profit was after Q3 earnings topped Wall Street expectations on improved pricing power… Read More
Mexican telecommunications giant América Móvil on Tuesday reported that it has more than tripled its net profit in the Q3 from a year ago. The rise in  … Read More
On Monday, Elliot Hill became CEO of Nike, starting his reign as the company faces a sales downturn and struggles with its stock price. Hill is a Nike veteran who retired in 2020 as a Presid… Read More
Nvidia shares reached a record high, nearing Apple’s market value. Nvidia’s stock closed at their highest rise ever on Monday, putting the h… Read More
Tokyo Metro Co. is raising Â¥348.6 billion ($2.3 billion) after the company priced shares at the top of the marketed range. This Tokyo Metro share price was as per peop… Read More
It’s been over a month since union members of the International Association of Machinists started a strike against Boeing. As per sources, the Boeing strike has cost the c… Read More
Taiwan Semiconductor Manufacturing Co, (TSMC) the main producer of advanced chips used in artificial intelligence (AI) applications, is expect… Read More
Chinese state-owned carmaker GAC is considering manufacture of electric vehicles (EV) in Europe to avoid hefty EU tariffs. The fact that GAC is mulling over making EV… Read More
Over the past several years, CEOs have faced mounting uncertainty and 2024 is proving no exception. Each year, CEOs are responsible for establishing the top priorities for their companies. I… Read More
The concept of co-CEO or two Chief Executive Officers (CEOs) has been gaining popularity in recent years, with many companies opting for this leadership structure. In… Read More
AMD on Thursday said it plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the Q4 of the year. AMD said its AI chip is a direct aim at N… Read More
Tesla CEO Elon Musk unveiled a new electric vehicle driverless robotaxi, a possible milestone after years of false promises and blown deadlines. Musk showcased a long-promised Te… Read More
On October 9, Honda recalled 2 million vehicles due to a steering wheel issue. The recall will affect cars in the US, Canada, and Mexico. The company said that vehicles have been recalled ov… Read More
On Tuesday, PepsiCo cut its annual sales forecast, suggesting that the change may be due to US consumers tightening their spending on snacks and sodas. The company brands, which include Moun… Read More
The lead negotiator for a Boeing union representing said on Wednesday that members were prepared to wait out the planemaker, after pay talks collapsed a day earlier. About 33,000 Boeing work… Read More
Tesla, the U.S. automaker’s sales of China-made electric vehicles (EV) rose 19.2% in September from a year earlier. The data for the Tesla EV sales was derived from the Ch… Read More
The U.S. Department of Justice (DOJ) made recommendations for a possible break up of Google’s search engine business practices. DOJ indicating that it was considering a po… Read More
Uniqlo, the popular Japanese owner of casual wear giant is expected to beat its own profit forecast. This will be a third straight year of record profits as Uniqlo makes inroads in western m… Read More
Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the Q3 on strong de… Read More
Spirit Airlines stock plunged on Friday as it entered talk for a potential bankruptcy filing. The company shares hit a record low, revealing some of the internal struggles being faced by the… Read More
Samsung Electronics quarterly profit is expected to see more than a four-fold jump on Tuesday. The jump in quarterly profit was seen on improving demand for chips, but the pace o… Read More
This rise of virtual work was in response to the pandemic has changed the idea of leadership. Employees now expect more autonomy and flexibility in their work. They want to be ma… Read More
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
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
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