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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Business
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
by adminPeloton 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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Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff.…
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JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
by adminJPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw…
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Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company…
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Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations
by adminDelta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an outage…
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Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized…
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Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has…
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Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl’s top the list
by adminNike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to…
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Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments
by adminWarren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product…