Micron Technology (MU) shares surged in early Monday trading as analysts continue to recognize the significant value offered by the creators of a pivotal component crucial for the advancement of AI technologies, which could potentially yield billions in value over ...
On Monday, United Parcel Service (UPS) revealed its forthcoming role as the primary air cargo provider for the United States Postal Service (USPS), stepping into the vacancy left by rival FedEx, which announced the termination of its more than two-decade ...
On Friday, March 29, Nicki Minaj made waves with the announcement of her new sneaker brand, in collaboration with Loci, with the debut capsule collection set for release on April 12. Having dominated the rap scene for over a decade, ...
Canada Goose announced on Tuesday its decision to reduce its corporate workforce by approximately 17%, joining a series of other retailers that have implemented layoffs amidst a consumer pullback on discretionary spending. While the exact number of employees affected remains ...
AT&T has confirmed that approximately 73 million current and former customer accounts were recently leaked to the dark web, with the breach occurring about two weeks ago. The telecom giant stated that it is currently investigating the breach to determine ...
On Friday, Japan’s Panasonic Holdings announced its decision to divest its entire stake in Panasonic Automotive Systems (PAS) to funds managed by U.S. private equity firm Apollo Global Management, followed by an investment in the newly established holding entity. According ...
Sam Bankman-Fried has received a 25-year federal prison sentence for deceiving customers and investors in his failed cryptocurrency exchange FTX, as ruled by a Manhattan court on Thursday. Prior to delivering the sentence, Judge Lewis Kaplan expressed concerns about the ...
Ford Motor sees a significant opportunity to expand Mustang sales, positioning itself as the last American muscle car featuring a traditional V8 engine, a characteristic that resonates with generations of enthusiasts drawn to high-performance vehicles. The company’s optimism stems from ...
On Friday, Chinese telecommunications giant Huawei announced that its net profit for 2023 had more than doubled, thanks to improved product offerings and robust revenue growth. The company reported a 9.6% year-on-year increase in revenue to 704.2 billion yuan ($99.18 ...
Kimberly-Clark announced on Wednesday its decision to undergo a reorganization into three distinct business units, aiming to streamline operations and reduce expenses for the Kleenex tissue manufacturer. The consumer goods giant, headquartered in Irving, Texas, revealed plans to allocate approximately ...