Ulta Beauty CEO Dave Kimbell recently addressed concerns regarding organized retail crime, attributing part of the issue to e-commerce platforms. In response to revealing a professional network of thieves utilizing Amazon to resell stolen cosmetics, Kimbell highlighted the challenges posed ...
On Tuesday, several airline CEOs voiced concerns over Boeing’s latest Max crisis, indicating a need to reassess growth plans for the current year and potentially beyond. Their remarks underscore the impact Boeing’s challenges are having on its major customers, including ...
Southwest Airlines announced on Tuesday that it will need to adjust its capacity plans and reassess its financial projections for the year due to delivery delays from Boeing, its primary aircraft supplier. According to the Dallas-based carrier, Boeing informed Southwest’s ...
General Motors (GM) is undergoing significant changes in its leadership, with the retirement of its long-standing head of manufacturing and the hiring of a former Tesla and Google executive to assume the role. Gerald Johnson, who served as the executive ...
The video game industry remains deeply entwined with microtransactions, serving as a primary revenue stream for major players like Electronic Arts and Take-Two Interactive, as revealed in their recent earnings reports. Microtransactions encompass various purchases made within games using real ...
In her address to the China Development Forum, International Monetary Fund (IMF) Managing Director Kristalina Georgieva emphasized the potential for significant growth in China through a comprehensive set of pro-market reforms. Georgieva outlined that these reforms could lead to a ...
A diminutive electric vehicle is causing a significant stir in the global automotive sector, not for its innovative design or advanced features, but for its remarkably low price and the potential disruption it poses to established domestic auto industries worldwide. ...
Stellantis is implementing layoffs for approximately 400 salaried employees in the U.S. across its engineering, technology, and software units, as part of a cost-cutting initiative in response to what it terms challenging market conditions. Announced on Friday, the layoffs represent ...
Premier Li Qiang addressed a diverse audience of global CEOs and Chinese policymakers on Sunday, emphasizing China’s commitment to studying issues related to market access and cross-border data flows. He announced forthcoming regulations in these domains and extended a warm ...
In Zhimin Qian’s elaborate dreams, she envisioned being anointed as a reincarnated goddess by the Dalai Lama and ascending to the throne as the Queen of Liberland, an unrecognized micronation situated along the Danube, where she planned to erect Europe’s ...