Business Sector

10/06/2024

Benny Gantz resigns from Israel war Cabinet and some doctors caution over hair loss drug: Morning Rundown

10/06/2024

100-year-old U.S. veteran marries bride in Normandy after D-Day memorials

Harold Terens, who was part of the D-Day offensive, married Jeanne Swerlin, 96.

16/04/2024

Peloton quietly drops unlimited free app membership because it failed to bring in paid subscribers

16/04/2024

Boeing’s quarterly airplane deliveries drop to 83 amid safety crisis

22/02/2024

Big M&A and Bob Iger’s future: 13 media executives make their anonymous 2024 predictions

It's the third annual anonymous media predictions list: 13 media, sports and entertainment executives make their best 2024 industry-shaking predictions.

22/02/2024

WWE deal doesn’t mean Netflix will invest more in sports, co-CEO says

Netflix co-CEO Ted Sarandos clarified that WWE is "sports entertainment" and not live sports.

28/12/2023

Apple can temporarily sell smartwatches after US appeals court win

Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission's import ban on the devices imposed in a patent dispute over its medical monitoring technology.

13/12/2023

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession," let alone screams it.

13/12/2023

Why automakers are turning to hybrids in the middle of the industry’s EV transition

Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.

05/12/2023

Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024

Excitement around a bitcoin ETF being approved in the U.S. next year as well as the bitcoin halving is fueling a rally in cryptocurrencies.

05/12/2023

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1,500 jobs.

29/11/2023

Nvidia shares close down on report it delays China AI chip designed to comply with U.S. export rules

Reuters, citing two sources familiar with the matter, reported that Nvidia told Chinese customers that it is delaying the launch of an AI chip that is designed to comply with U.S. export rules until the first quarter of next year.