The latest business news, in 5 minutes, 7 days a week.
Stellaromics raises $25M in funding, Responsiv secures $3M in pre-seed funding, Keyway shifts focus to selling software, Bank of England maintains interest rates, Cenovus Energy reports $1.86B profit rise, Sainsbury's expects annual profit to meet forecast, Six Flags and Cedar Fair to merge in $8B deal, Ball Corp misses sales estimates, Tractor Beverage Company awarded Great Place To Work Certification, and business owners' decisions impact sports industry.
Chevron focuses on upstream assets, China calls for global AI oversight, Mastech reports revenue decline, Sirius XM plans platform update, Libya aims to rebuild Derna, Baltimore hosts journalism bootcamp, Ackman calls for TikTok ban, Crestwood preferred unit holders choose conversion, Corby holds closed annual meeting, Mistral in talks for major funding round.
The importance of cybersecurity in space, Ackman criticizes Musk and Zuckerberg, CEOs at risk of losing to China, shift towards collaborative leadership, illusions faced by product managers, moderate wage growth, eurozone's unexpected contraction, Norfolk Southern's improving service, improving customer journey for non-native English speakers, and Vodafone's sale raises concerns for Altice France.
Morgan Stanley awards 20 million dollar bonuses to CEO candidates, Samsung's Galaxy S24 to include satellite-based features, Rithm CEO discusses Sculptor acquisition, Google CEO testifies in antitrust trial, New York developer chooses Miami over hometown, HSBC warns of China property market deterioration, former FTX engineering director seeks personal loans, President Biden to issue executive order on AI, U.S. wireless companies profit from longer phone lifecycles, Australia rejects EU free trade agreement proposals.
HSBC announces stock buyback program, Evergrande given deadline for restructuring plan, Rocky Mountain Power proposes electricity price hike, Amazon Delivery Service Partner generates $3 million in revenue, Weill Cornell Medicine signs expansion lease, McDonald's emphasizes career opportunities in fast food, Singapore's monetary policy remains tight, CEOs can benefit from hosting weekly podcasts.
Former Abercrombie & Fitch CEO accused of running sex-trafficking organization, Morgan Stanley names Ted Pick as CEO, Apollo CEO finds success in restaurant business, Doctors Without Borders warns of dire conditions in Gaza, Evergrande faces winding-up petition in Hong Kong, legal challenges raise concerns for black entrepreneurs, gun sales increase following mass shooting, author Curtis Chin releases memoir on challenges faced by Chinatowns, Oxx identifies rising stars in open-source sector, Texas economy suffers due to summer heat wave.
Stock market sentiment decline, T. Rowe Price beats profit estimates, Press Hook aids press coverage, fire at T & M truck and trailer, AMD CEO predicts growth in generative AI, global body masks market to grow, banks closing supermarket branches, SIU launches online master's programs, DAstra Network secures financial system.
US economy grows 4.9% in Q3, defying Fed's attempts to slow down, Morgan Stanley appoints Edward Pick as new CEO, report highlights underrepresentation of Black professionals in business, Unilever sells Dollar Shave Club to Nexus Capital Management, Jennifer Campbell joins Founders Fund as partner, FendX Technologies leads in corporate leadership diversity, personal essay emphasizes importance of leading by example, Kostyantyn Volkov discusses key evaluations and deliverables in startup discovery phase.
Something Borrowed Blooms revolutionizes wedding flowers, Claudio Scardovi joins Deloitte Financial Advisory, OneMain Holdings reports strong Q3 earnings, US new home sales surge, the evolving business of sports, AmeriLife Group recognized in Power Partner Awards, Skanska to release Q3 report, Azeem Azhar presents discussions on critical thinking in technology, tips for navigating tough job interview questions, Canary Wharf receives 400 million pound investment.
Everton chairman Bill Kenwright passes away, JPMorgan CEO criticizes central banks, former NY regulator joins Fireblocks, Employment Hero secures $263M in funding, GrubMarket acquires PA China Farm, Rishi Sunak's mixed economic signals in sports business, ECB chief expresses confidence in inflation fight, GE raises profit forecast, Cheylesmore Accountants opens second office, NYC faces housing shortage.
Focus Financial CEO retiring, Chevron to acquire Hess Corp, Google ordered to pay $1.15M in gender discrimination case, Le Masurier's development plans rejected, Ackman's hedge fund covers short positions, Wellington Access Ventures raises $150M, Databricks to acquire Arcion for $100M, Vivian Schiller on misinformation spread, and the potential benefits and concerns of digital securities.
Lululemon founder invests $100 million to combat muscular dystrophy, Peak XV Partners announces new accelerator program for AI and deep tech startups, Kotak Mahindra Bank appoints new CEO, Su Hua steps down as chairman of Kuaishou Technology, Andy Jassy takes over as CEO of Amazon, Nvidia CEO becomes Wall Street's favorite AI stock pick, Philips CEO discusses China's economic pressure, Atoss Software reports increase in net profit, UK Chancellor faces backlash over pension industry plans.
Web Summit CEO resignation, U.S. CEOs support Israel, Levels recognized as top small business, Hollywood strike negotiations, sports business complexity, Escape From Tarkov Arena beta release, holiday shopping season predictions, Ark Invest's popularity in Europe, and decline of downtown areas.
Lake County CFO chosen as county administrator, CEO found deceased after crime spree, SoftBank, Walmart, and Symbotic form AI-powered warehouse management joint venture, Chinese tech giants invest in AI startup, FOLX Health partners with Cigna and Blue Cross Blue Shield for LGBTQIA+ care, weight-loss startup Calibrate sold to private equity firm, strategies to combat accent bias in the workplace, customer expectations rise in retail industry, Sequoia Financial Group to acquire M Capital Advisors, AlphaMarket Growth Summit predicts financial difficulties for companies in 2024.
Dow Jones CFO departure, Bank of America warns of US economic slowdown, Roblox CEO sets return-to-office ultimatum, Tinder ex-CEO cancels speaking engagement over anti-Semitism, San Francisco launches campaign to improve image, Sacramento businesses frustrated by repeated thefts, potential impact of Israel-Hamas conflict on businesses, importance of organization and feedback for entrepreneurs, OpenAI in talks for employee share sale at $86B valuation.
Elon Musk surprised by slow sales of Ford's F-150 Lightning, Walmart International's new CEO, Canadian Gold Corp. appoints Edward Huebert as President and CEO, Arbor Day Foundation calls for nature-based solutions, Vext Science sells cultivation facility in Arizona, X tests subscription program, HqO raises $50 million in funding, Wipro and Infosys reduce hiring, Southwire opens Industrial Maintenance Lab, and plans submitted for housing estate in Chellaston, Derby.
XY Sense, BlackRock predicts shift in US financial markets, survey reveals lack of training for bosses, Google and Indian PM discuss expanding electronics manufacturing, Mark Bezos and David Moross invest in Azimut Holding, US retail sales exceed expectations, activist investor urges VF Corp. to make divestitures, Lockheed Martin reports higher revenue.
Elon Musk's 15-year tenure as Tesla CEO, Goldman Sachs' preferred stock yield, Innovid's CFO resignation and preliminary revenue, Byju's delayed financial results, Pavan Agarwal on gender equality and Chandrayaan-3, Pinstripes' merger with Banyan Acquisition, Ghana's debt restructuring proposal, Five Star Franchising's growth recognition, Savola Group exploring options for Almarai holding, and investing in music royalties on Yahoo Finance's Next.
Elon Musk praises Tesla's self-driving capabilities, former chairman of Bank of China arrested for corruption, CFTC files lawsuit against Voyager Digital and former CEO, Charlie Munger's fortune could have exceeded $10 billion, MapmyIndia's shares double in value, Shell's stock price reaches record high, private equity investor warns of systemic risk in life insurance industry, Rite Aid files for bankruptcy, Frasers Group increases stake in Boohoo Group, and KKR submits binding bid for Telecom Italia's fixed access network.
Judges push back on virtual bankruptcy court hearings, lender takes over building in DC, Petmate and RoyaleLife make headlines, Laser Cart launches cryptocurrency token LCART, IMF reaches fundraising target for poorest countries, Florida executive pleads guilty to securities fraud, IMF advisory board fails to reach consensus due to Ukraine conflict, former bank in Hull to be converted into apartments, Louisiana citrus farmers face saltwater intrusion threat, LinkedIn becomes popular platform for influencers and CEOs.
JPMorgan warns of Israel-Hamas conflict impact, Activision Blizzard CEO resigns after Microsoft acquisition, Glydways raises $56M in funding, M1 Finance CEO to speak at Benzinga event, AWS CEO highlights AI benefits and need for regulations, AMC Theatres CEO targeted in extortion plot, Council Post proposes $300M investment in women's health, labor pact talks stall over streaming bonuses, policymakers grapple with rising inflation, Hong Kong mansion joins world's most expensive homes.
Former Barclays CEO fined for misleading about relationship with Jeffrey Epstein, AMC Entertainment CEO reports extortion attempt, RSA CEO predicts AI will replace humans in cybersecurity, key considerations for claiming Social Security benefits, EU gives Meta 24-hour deadline to combat disinformation, Council Post report emphasizes decentralization in staking sector, Indian stockbroker Angel One reports rise in Q2 profit, Redfin orders realtors to leave NAR following harassment allegations, Vinod Khosla calls for disruptive innovations to achieve net-zero emissions, Ridgeline Minerals releases positive drill results at Selena Project.
Grasshopper Farms CEO discusses premium outdoor flower, Arcview Group CEO highlights institutional interest in cannabis sector, Sherwin-Williams announces new CEO, Blink and Plug In America emphasize need for robust EV charging infrastructure, EB Capital hosts panel on future potential, Associa British Columbia participates in charity event, sports as a business, Council of Communications publishes go-to-market strategy guidebook, Harith acquires stake in Mergence, and Future Forward Summit addresses talent gap in Tennessee.
The Department of Homeland Security enforcing Form I-9 regulations, Office vacancies reaching a 20-year high, Grocery TV expanding its network, TrueBlue's CFO resigning, PepsiCo's decline in stock market performance, StartEngine's revenue growth, Loopstra Nixon achieving Mansfield Certification, 'Cognitive Load In High-Performance Organizations' book release, The Council Post's guidebook on balancing goals, and BZI Steel CEO emphasizing trust and innovation in leadership.
Dama Financial's CEO discusses the approval of the SAFER Banking Act, Charlie Munger speaks out against denial in decision-making, Brookfield's acquisition of Origin Energy approved, Australian business conditions resilient while consumer confidence remains pessimistic, Catalant leads in independent management consulting, London Quant Group fosters connections in quantitative analysis, New York Times CEO urges CNN to define the news, EQT hires partners for healthcare team, and Forbes Technology Council highlights essential factors in a disaster recovery plan.
Ferrari CEO tests electric car prototype, Goldman Sachs offers digital trial for FT dot com, China Evergrande suspends share subscription agreement, TransformBase connects AI startups with customers and investors, European banks face new green asset ratio reporting rule, Icon collaborates with NASA for 3D printing on the moon, Smith & Wesson relocates headquarters to Tennessee, Macy's and Lowe's partner with big-name companies, and Julius Baer Group announces management reshuffle.
The convergence of AI and NFTs in gaming, OpenAI CEO warns of US government's stance on crypto, Costco's revised price target, Exxon Mobil's mega deal pursuit, Target store closures due to retail crime, Smith & Wesson's new headquarters, ECB's confidence in inflation policy, Bankruptcy Judge faces lawsuit over romantic relationship, and Metro Bank's discussions on equity injection and debt restructuring.
A tech entrepreneur and elite kite-surfer killed by a shark, Elon Musk defends his leadership role at Tesla, the importance of pre-rolls in the cannabis retail space, Jason Tueni speaks at Benzinga's Cannabis Capital Conference, Shane Parrish's online course helps improve decision-making, RSK Group seeks 500 million pounds for growth, Exxon's potential move on Pioneer impacts shale industry, UK politicians advocate for borrowing ceiling, Metro Bank faces financial crisis, TSMC in talks with Arizona union, Clear Skies Capital offers lending products to small businesses, Joe Rogan agrees with Trump on undervalued property.
Spectral AI CEO to participate in health conference, Molson Coors expands into non-alcoholic beverages, CEOs predict recession within 12 months, strategies for finding dream job without active search, Fortune releases Most Powerful Women list, Havana building collapse attributed to US embargo, Navigate360 launches curriculum for Florida schools, Bloomberg explores business of sports, Enerplus Corporation to release Q3 results, Advyzon announces inaugural conference for financial advisors.
Softbank CEO predicts AI surpassing human intelligence, Tim Cook sells Apple shares amid market drop, EDX Markets CEO calls for accountability in crypto industry, Nuveen invests in Power TakeOff for energy efficiency, tech salaries in the US drop to 5-year low, Macau casino shares rebound but still below pre-pandemic levels, Carlsberg faces legal battle in Russia, Tryp Therapeutics announces private placement of convertible debentures, survey shows challenges in obtaining new business for marketing agencies.
Student loan repayment impact on banks, IHC increases stake in Adani firm, M&A challenges due to uncertainty, Boohoo revises sales forecast, lack of women in top banking positions, Toni Townes-Whitley named CEO of SAIC, quits rate remains steady, AgEagle to present at LD Micro Main Event XVI, decline in board directors with business strategy experience, Treasury's 30-year yield reaches highest level since 2007.
Microsoft CEO testifies in Google antitrust case, Airbnb CEO urges hosts to lower prices, Spirit AeroSystems CEO resigns, Jeff Zucker acquires stake in Front Office Sports, Birkenstock plans IPO, Halbert Hargrove CEO discusses retirement planning, Kevin O'Leary warns of potential downturn, Blue Apron receives buyout offer, BDO USA introduces employee stock ownership program, Everyday People Financial acquires Arvato Financial Solutions.
Mack Trucks reaches contract agreement, Chick-fil-A family's wealth, Global Fashion Summit in Boston, John Lewis chair to step down, Kaiser Permanente healthcare strike imminent, small businesses opening at record rates, San Francisco tech workers pay high prices for tiny bed pods, Senator Cardin blocks military aid to Egypt, former SoftBank executive launches stablecoin company, World Bank revises growth estimates for East Asia and the Pacific.
Former Staples executive sentenced for false tax return, Arizona Coyotes CEO calls for diversity in sports, UK government considers green investment fund, Octopus Energy offers digital access to business content, London mosque hosts Mawlid procession, RealtyMogul launches real estate equity fund, RuralWorks Partners invests in rural communities, Angelo Robles interviews J.J. Sowers on News Direct Podcast, Bronxville recovers from storm damage, Portofino Dry Gin captures essence of Italian coast.
Philips CEO discusses progress with product recalls, Tesla CEO faces challenges at Code Conference, Coinbase CEO criticizes JPMorgan Chase, Nike reports solid quarterly performance, The Council Post proposes approach to modernize network infrastructure, leaders seek balance between in-person and remote work, recently released man arrested for murder of Baltimore entrepreneur, federal workers face possible furloughs, LVMH CEO under investigation for transactions involving Russian oligarch, Morse Micro announces new Wi-Fi protocol.
GameStop's new CEO, Norway's gas exports decline, X CEO denies puppet claims, Solana Growth raises $12.9M, CDL acquires Tokyo assets, Micron's shares drop, Oaktree Capital discusses private credit market, TXV Partners receives boost, OpenAI in talks for $1B hardware platform, John Lewis plans supermarket sale.
Ava LaPere found dead, Nutanix CEO discusses AI and multi-cloud hybrid model, insider purchases of DLTR and CTO, Starbucks CEO makes leadership changes, developer ordered to demolish apartment blocks, Lindian Resources partners with Gerald Metals for Kangankunde project, GlassPoint adds new leadership and opens technology center, Georgia cities have higher cost of living than national average, Writers Guild of America approves new contract with studios, and the role of marketing in the relationship era.
MasterClass raises $335M, films course with Bob Iger, CEO found dead, CASETiFY partners with Best Buy, Target closes stores due to theft, coaching culture on the rise, retailers announce store closures, Boulo founder shares hiring insights, Biden supports striking auto workers, TPR studies insider sentiment.
Alcoa appoints new CEO, Shale warns of potential oil price surge, Munger emphasizes self-awareness in investing, Retirement Education Foundation offers retirement courses, Cisco acquires Splunk for $28 billion, Campari Americas head advocates for lateral career moves, entrepreneur invests in minority-owned stock exchange, Amazon invests in AI startup Anthropic, companies reduce software spending by up to 30%.
Atlanta office market challenges, European businesses concerned about China's security laws, Instacart founder's inspiration and IPO slump, IRS cracking down on tax preparers, L.L. Bean's retail success, Dawn Capital raises $700 million, British Business Bank reports loss, Greece's booming economy, entertainment industry strike, companies planning office return policies.
Rivos countersues Apple over restrictive agreements, Roam offers assumable mortgages for homebuyers, private equity firms shift to private credit, women entrepreneurs turn to angel investors, Grant Shapps calls for HS2 review, Writers Guild strike nears record length, CEOs believe AI could replace jobs, Swatch CEO calls for another major Swiss bank, Unifor reaches agreement with Ford, and the Sunday Asia Briefing explores the business of sports.
Apollo Global Management's CEO aims to transform the company into a 1 trillion dollars business, Asahi warns of climate change's threat to Europe's barley supplies, the sports industry faces significant consequences in various business aspects, Microsoft and Activision Blizzard receive approval for their proposed deal, Russia imposes an indefinite ban on diesel and gasoline exports, New York Savings offers guidance on the Employee Retention Credit, Zurich's property prices skyrocket, Eurozone businesses experience a decline in new orders, McDonald's increases fees for franchisees in the US and Canada, and doubts arise over Rupert Murdoch's departure from Fox and News Corp.
Rupert Murdoch steps down as chairman of Fox Corporation and News Corporation, Compass CEO discusses housing market, smaller US cities experience cultural shift, KlimaDAO partners for prepaid carbon credits, global aluminum extrusion market to reach $124.73 billion by 2027, MGM Resorts International hit by cyber attack, Sculpture Hospitality transforms employees into franchisees, leadership coach advises female leaders, Brent Bennett joins Lane VC as Venture Partner, and tech giants announce new AI offerings.
American Express seeks advice from Warren Buffett, Instacart CEO celebrates IPO success, Sanofi CEO discusses AI in drug development, US authorities block arrest of Worldcoin executives, W&H Group appoints new General Manager, Council Post shares leadership tips, Versatrim launches e-commerce website, Boys Club enters web3 space, BlackRock CEO advocates for conscious capitalism, rising interest rates negatively impact small businesses, real estate industry hit hardest.
Ispire Technology reports 100.4% YoY revenue growth, Benzinga Cannabis Capital Conference returns to Chicago, Google accuses EU of overreach with 2.4 billion euros fine, Disney to invest 60 billion dollars in theme parks and cruises, BP appoints Kate Thomson as interim CFO, global medical device coating market projected to reach $11.2 billion by 2028, Gentry Lane discusses cyberwar threats, Chris Boulden emphasizes technology's role in the ingredients industry, Derek Slager advises on complying with California Consumer Privacy Act, Boulder iQ appoints Jeremy Anderson as Director of Business Development, Purpose Life Sciences adds Jeff Kindler and Calum MacRae to Strategic Advisory Board.
United Auto Workers strike against Apple, Elon Musk criticizes Trump, Molly Liu promoted at Starbucks China, KKR funds regional data center business, Chevron resumes full LNG production, oil prices may reach $100, Amplitude goes public, Byju's accused of stashing $533 million, Blockchain Capital raises $580 million, Wasserman acquires Brillstein Entertainment, Walmart reduces store hours, Germany restores sales tax on gas and heat, oil bullishness due to supply-demand mismatch, challenges for entrepreneurs in the digital age.
Google's AI chatbot and generative AI concerns, Pavegen's funding drive for kinetic energy technology, Bank of Montreal closing retail auto finance business, United Auto Workers strike for shorter workweek, Taco Bell employee arrested for credit card fraud, Lonza CEO departure, journalist's series on finding common ground in America, Unifor preparing to strike against Ford in Canada, police warning of teenage robbers in Chicago's Chinatown, LVMH's Champagne demand moderating, and rising oil prices due to supply tightness and improved demand outlook.
Elon Musk and Larry Page's differing views on AI, AMC's optimistic future after equity raise, Bernie Sanders calls on automaker CEOs to end greed, DocGo CEO resigns over false educational record, FTC Chairwoman affected by cyberattack on MGM Resorts, Durban business chamber demands removal of Transnet management, Sanjeev Gupta returns to UK amid fraud investigation, SEC regulations to increase costs for pension fund managers, optimism for resuming oil exports in Iraqi Kurdistan, woodworking students build tiny homes for teachers in Colorado ski towns.
Kemper appoints interim CFO, Binance CEO warns of market crash, Graphcore challenges Nvidia, GM CEO disappointed by strike, Arm IPO raises $65B, PCAOB proposes expanded audit scope, Writers Guild on strike, Northwestern and UChicago establish biology institute, Libya's oil production unaffected by floods.
Databricks secures $500M funding, US sees surge in entrepreneurial growth, Cargill sells stake in Russian grain terminal, High Tide launches cannabis insights publication, Beaconstac CEO shares tips for QR code usage, European Central Bank raises deposit rate, Canada's startup visa attracts US immigrants, QSR traffic declines compared to 2019, Abcam founder opposes $5.7B acquisition by Danaher.
INTRo Aviation offers strategies for airlines, Motif Neurotech implants electrodes without touching the skull, CEOs take public stands, Gensler CEO discusses workplace flexibility, Coinbase integrates bitcoin's lightning network, crypto market faces potential chaos, Ocasio-Cortez criticizes billionaire's comments, Pivot & Slay emphasizes self-evaluation, Casey Webb promoted at Juniper Advisory, Citigroup plans major overhaul, BP initiates second investigation into CEO's conduct.