Business
Dozens of Salt Life retail stores across the country are closing following the company’s recent purchase. Hilco Consumer-Retail Group, one of the new owners of the brand, announced Tuesday that it will … Read More
The low-cost carrier plans to eliminate more than 300 pilot and flight attendant positions out of Hartsfield-Jackson early next year, but not eliminate its Atlanta crew base. The cuts were … Read More
(Bloomberg) — European stocks and US equity futures rallied, tracking gains in Asia after China pledged fiscal stimulus and technology shares climbed. Most Read from Bloomberg The Stoxx 600 gauge … Read More
Red flags fly at Tiananmen Square in Beijing, China, on Wednesday, July 10, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose on Thursday, led by Hong Kong’s Hang … Read More
(Bloomberg) — China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according … Read More
Disney has axed about 300 employees across multiple corporate departments, as the Mouse House continues to look at “ongoing” ways to trim costs. “We continually evaluate ways to invest in … Read More
US data centers are expected to use more electricity as training and running artificial intelligence (AI) models is power-intensive. Asking for for a Trend hosts Josh Lipton and Julie Hyman … Read More
Mira Murati, OpenAI’s chief technology officer, earlier announced her departure from the company. Now, CEO Sam Altman revealed two other executives, Barret Zoph and Bob McGrew, are also leaving. Altman … Read More
Traders work on the floor of the New York Stock Exchange. NYSE Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke … Read More
WASHINGTON — Boeing workers felt a pressure to prioritize production speed over quality, according to the results of a U.S. Senate Permanent Subcommittee (PSI) special investigation released Wednesday. The report, … Read More
