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Amazon cost cuts drive operating margin into double digits for first time
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Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Telstra to Cut Jobs to Save Costs Amid Enterprise Overhaul
The Australian telecommunications company plans to cut 2,800 jobs as part of a continuing strategic review, helping cut $233.4 million in costs.The Wall Street Journal - World -
Dow passes 40,000 for first time
The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 ...The Hill - Politics -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
Target cutting prices on thousands of basic items: Here's which items will cost less
The retail chain said customers will see lower prices on items ranging from milk to diapers.ABC News - Top stories -
2024 AEW Double or Nothing card, date, matches, rumors, predictions, match card, start time, location
Double or Nothing returns to Las Vegas on May 26CBS Sports - Sports -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.CBS News - Top stories -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories
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Lowe's beats on earnings and revenue, even as consumers spend less on DIY projects
The home improvement retailer Lowe's said sales fell again year over year, and it reiterated its full-year earnings forecast.CNBC - Business -
Nestle to launch Vital Pursuit frozen-food brand targeting GLP-1 users
Nestle's Vital Pursuit brand's initial lineup of 12 items will include frozen bowls with whole grains or protein pasta, sandwich melts and pizzas.CNBC - Business -
Macy’s beats earnings estimates, as turnaround plan shows early progress
Macy's beat earnings estimates as the department store operator moves to close about 150 namesake locations and open new Bloomingdale's and Bluemercury stores.CNBC - Business -
One dead, 30 injured as Singapore Airlines flight encounters severe turbulence
One person has died aboard a Singapore Airlines flight which was diverted to Bangkok due to turbulence.CNBC - Business -
Trump allied Republicans are changing the GOP's approach to labor, free markets and regulation
To Trump-allied neopopulists corporate CEOs are not the GOP's allies in a war with big government. They are "woke" elitists, pushing liberal cultural values.CNBC - Business - Donald Trump