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Merck KGaA Shares Jump on Expectations of AI Boost
The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.Business - The Wall Street Journal - October 17 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
CVS Ousts Karen Lynch as C.E.O. and Shares Fall
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.Business - The New York Times - October 18 -
Ryan Reynolds Shares the Keys to Killer Marketing
At the 2024 Inc. 5000 Conference, the ‘Deadpool’ actor and entrepreneur said ads should be joyful and culturally relevant.Business - Inc. - October 18 -
Vietnam Elects Luong Cuong as President, Reviving Power-Sharing Arrangement
The move restores a “four pillar” government structure that divides top-level duties to avoid the rise of a single strongman.World - The New York Times - October 21 -
Is it better for my taxes if I donate shares or cash?
You get the biggest benefit by getting rid of the biggest potential tax liability.Business - MarketWatch - October 21 -
This Company Created an ‘Easy Button’ for Sharing Information Securely
Two brothers with roots in national security built Virtru based on the insight that private companies have the same needs as government.Business - Inc. - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Here Is the Missing Context in Ta-Nehisi Coates’s ‘The Message’
Israel and its foes share one thing in common.Top stories - The New York Times - October 24