https://auntresodamid.com/iJugHxINePLH1VY/96561

Business

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter Read More »

Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role

Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role

President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company’s headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House, in Washington, DC, November 2, 2017. Getty Images When Broadcom tried to buy rival Qualcomm for $120 billion in 2018,

Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role Read More »

Why it’s gotten more difficult to get a free first-class upgrade

Why it’s gotten more difficult to get a free first-class upgrade

Passengers deplane through the business class seating area on an American Airlines flight, London Heathrow Airport, Aug. 14, 2018. Jeff Greenberg | Universal Images Group | Getty Images Cheap seats aren’t enough for airline passengers anymore. Since the pandemic, travelers have shown airlines that they’re willing to pay up to sit at the relatively spacious

Why it’s gotten more difficult to get a free first-class upgrade Read More »

From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

A “location closed” sign hangs in the window of a closed Red Lobster restaurant in Torrance, California on May 14, 2024.  Patrick T. Fallon | AFP | Getty Images A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown

From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024 Read More »

Sports super agent Scott Boras says Juan Soto’s Mets contract wasn’t just about the money

Sports super agent Scott Boras says Juan Soto’s Mets contract wasn’t just about the money

Major League Baseball super agent Scott Boras just negotiated the biggest contract of his life. On Thursday, the New York Mets signed four-time All-Star Juan Soto to a record-breaking $765 million, 15-year contract. It is the largest deal in professional sports history. Soto will be the first player in the MLB to Earn more than

Sports super agent Scott Boras says Juan Soto’s Mets contract wasn’t just about the money Read More »

UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’

UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’

Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next,” in the Dirksen Building in Washington, D.C., on May 1, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images UnitedHealth Group CEO Andrew Witty on Friday mourned

UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’ Read More »

Flushing Financial seeks to raise  million to shore up capital as it unloads underwater bonds

Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Flushing Bank in New York City. Google Earth Flushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million to shore up its capital, CNBC has learned. The bank’s CEO, John Buran, has told potential investors that he intends to sell low-yielding bonds and loans backed by commercial real estate, including

Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds Read More »

Broadcom beats on profit, says AI revenue more than tripled this year

Broadcom beats on profit, says AI revenue more than tripled this year

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported better-than-expected fourth-quarter earnings on Thursday and said artificial intelligence revenue for the year more than tripled. The chipmaker’s stock ticked higher in extended trading. Here’s how Broadcom did versus LSEG consensus estimates for the quarter ending Nov. 3: Earnings per share: $1.42, adjusted vs. $1.38

Broadcom beats on profit, says AI revenue more than tripled this year Read More »

Don’t miss latest news!

Select list(s):

We don’t spam! Read our [link]privacy policy[/link] for more info.

Scroll to Top