Salesforce Raises Guidance But Sees Pressure As Customers Back Away from Big Consulting Deals
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STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
PwC picks consultant Marco Amitrano as next UK senior partner
Big Four firm names new head after three-way race that included female candidates for first timeFinancial Times - Business - United Kingdom -
PwC picks consultant Marco Amitrano as next UK senior partner
Big Four firm names new head after three-way race that included female candidates for first timeFinancial Times - Business - United Kingdom -
Moderna's CEO Says Staff Should Consult ChatGPT 20 Times a Day
OpenAI has partnered with the drug maker to embed AI throughout the business. And Stphane Bancel says his staff should be using the system way more than you mightguess.Inc. - Business -
Ex-McKinsey Consultant Says Firm Misled Congress onHandling ofOpioid Documents
Former McKinsey partner Arnab Ghatak sued the consulting firm, accusing it of making false statements about document retention after improperly deleting records while under government investigation.The Wall Street Journal - World -
14 Last-Minute Tool Deals From Home Depot and Lowe's: Power Tools, Yard Tools, Hand Tools
Spruce up that home, yard, and garage with deals on everything from power tools to lawn gear while you still can.Wired - Tech -
Jesús Luzardo lands on IL with elbow tightness as Marlins rotation deals with another pitching injury
The left-hander has a long arm injury historyCBS Sports - Sports - MLB -
Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
British competition regulators say they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industryABC News - Tech - United Kingdom -
14 Last-Minute Tool Deals From Home Depot and Lowe's: Power Tools, Yard Tools, Hand Tools
Spruce up that home, yard, and garage with deals on everything from power tools to lawn gear while you still can.Wired - Tech -
Salesforce Co-Founder Parker Harris on Why AI Keeps Him Up at Night
The entrepreneur says he and Salesforce CEO Marc Benioff are racing to catch up with OpenAI-powered rival Microsoft.Inc. - Business -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Home and Away star arrested after Australian manhunt
The actor was taken into custody on Thursday after failing to front court on assault charges.BBC News - Top stories -
Marrying the One Who Almost Got Away
Elaiza Ramos and Marc Reyes, high school sweethearts in the Philippines, broke up after graduating, but reunited several years later at a reunion with some classmates.The New York Times - Lifestyle -
'If pressure is a privilege, England are about to feel very lucky'
England have big decisions to make as they prepare to name their squad for the T20 World Cup, says Stephan Shemilt.BBC News - Top stories -
As Alphabet follows Meta with a dividend, the pressure is now on Amazon
Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spendingMarketWatch - Business -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Jefferies boss sells $65mn in stock to buy a customer’s yacht
Purchase shines light on wealth accumulated by longtime chief executive Rich HandlerFinancial Times - Business -
Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
Ring home security customers will get refunds over security-lapse claims
The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled a federal complaint accusing it of security lapses.NBC News - Top stories -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business -
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’
Breakdown of accounts comes as testing on Tideway tunnel set to begin and UK’s biggest water provider faces debt crisisFinancial Times - Business -
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’
Breakdown of accounts comes as testing on Tideway tunnel set to begin and UK’s biggest water provider faces debt crisisFinancial Times - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Altria’s earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement ...MarketWatch - Business -
Marcel Hirscher retired from skiing at the top. He's back to race for a country with no mountains
Eight-time overall World Cup champion Marcel Hirscher is planning to return to ski racing next season after five years in retirementABC News - Sports -
Arizona GOP lawmaker booted from committee after backing abortion ban repeal
Two Arizona state House lawmakers were removed from key committees Monday following the chamber's vote to repeal the state's 1864 abortion ban, with one Republican who voted with Democrats among them. Arizona state House Rep. Matt Gress (R) was ...The Hill - Politics - Abortion -
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.CNBC - Business -
Hipgnosis agreed to an improved $1.51 billion takeover by Apollo-backed music company Concord, trumping an approach from Blackstone.
Hipgnosis agreed to an improved $1.51 billion takeover by Apollo-backed music company Concord, trumping an approach from Blackstone.The Wall Street Journal - World