Business
Starbucks Signals Shift in China Strategy with Board Reshuffle
In a strategic move, Starbucks Corporation announced a significant shift in its approach to the Chinese market as founder and former CEO, Howard Schultz, steps...
Ford’s Canadian Deal with Unifor Prevents Strike
In a late-night turn of events on Tuesday, Ford Motor Company successfully sidestepped a potentially crippling strike at Ford’s Canadian facilities, following a last-minute deal...
General Mills Shines in Q1: Exceeds Sales and Profits Targets
General Mills, the multinational packaged food company, reported robust first quarter (Q1) sales and profits on Wednesday, surpassing market expectations. This accomplishment comes in the...
Instacart Shares Decline After Promising Nasdaq Debut
Instacart, which saw its initial public offering (IPO) on Monday, emerged with a staggering valuation of nearly $9.9 billion. However, in a twist of market...
Investor Confidence Wanes as Arm Holdings Shares Decline
Shares in Arm Holdings experienced a 4.6% drop on Tuesday, marking the third consecutive daily decline for the chip designer in its initial four sessions...
$10 Billion Valuation: Instacart Nasdaq Debut Triumph
San Francisco-based grocery delivery app, Instacart, made a highly anticipated debut on the Nasdaq on Tuesday, with its stock opening at $42 per share, surpassing...
Goldman Sachs Stands Firm Behind CEO Solomon
In a recent meeting with Wells Fargo banking analyst Mike Mayo, the lead director of Goldman Sachs, Adebayo Ogunlesi, expressed strong support for CEO David...
Intel Unveils Laptop Chip Revolutionizing AI Accessibility
In a significant announcement on Tuesday, Intel Corp unveiled details about its forthcoming “Meteor Lake” laptop chip, revealing that it will incorporate AI features akin...
Amazon Boosts Workforce by 67% for Holiday Season Rush
As retailers gear up for the pivotal holiday season in anticipation of potentially sluggish sales growth, e-commerce behemoth Amazon has unveiled plans to expand its...
Target Readies for Holiday Season with 100,000 Hires
Retail giant Target announced on Tuesday its plan to recruit nearly 100,000 employees for the upcoming holiday season, maintaining a consistent hiring trend over the...