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Categories Business

Boeing strike ends after machinists approve new labor contract with 38% wage increases

Author admin November 6, 2024

Boeing machinists approved a new labor deal Monday, ending a more than seven-week strike that halted most of the aircraft production at the

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Categories Business

TGI Fridays operator files for Chapter 11 bankruptcy amid financial woes

Author admin November 5, 2024

TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with

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Categories Business

Marc Benioff is in talks to sell Time to Antenna Group

Author admin November 3, 2024

The Greek media company Antenna Group is in talks to acquire Time from Salesforce co-founder Marc Benioff, according to people familiar with

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Categories Business

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Author admin November 2, 2024

Alphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call

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Categories Business

Super Micro’s $50 billion stock collapse underscores risk of AI hype

Author admin November 2, 2024

In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years,

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Categories Business

Starbucks will stop charging extra for nondairy milk

Author admin November 1, 2024

Nondairy milk lovers, rejoice. Starting next week, Starbucks will stop charging coffee drinkers who wish to customize their drinks with nondairy milk

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Categories Business

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Author admin November 1, 2024

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.  Stern, the president of Ford

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Categories Business

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Author admin November 1, 2024

Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining

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Categories Business

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Author admin October 31, 2024

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to

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Categories Business

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

Author admin October 31, 2024

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to

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