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Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Is Your Company Ready for Interdependence?
Independence is great, but interdependence is what's really rewardingInc. - Business -
How Companies Dodge Tariffs
Protectionist trade policies are popular on both the left and right. But some economists say they’re likely to backfire.The New York Times - Business -
Biden announces 'major step' toward reclassifying marijuana
The Biden administration announced Thursday it had initiated the formal rulemaking process to reschedule marijuana to Schedule III from its Schedule I designation that it has held for more than 50 years. The announcement follows the Department of ...The Hill - Politics - Joe Biden -
Undisputed – Official Release Date Announcement Gameplay Trailer
The new boxing sports game Undisputed is releasing October 11, 2024.GameSpot - Tech -
Joan Vassos Is Announced as First ‘Golden Bachelorette’
ABC introduced a new season of the spinoff, after the ratings success of “The Golden Bachelor.”The New York Times - Lifestyle -
Watch: Iran state TV announces Raisi's death
Iran's President Ebrahim Raisi has been killed in a helicopter crash, according to state media.BBC News - Top stories - Iran -
Schumer Announces Senate Will Vote Again on Border Bill
The bipartisan border enforcement compromise, blocked by Republicans in February, is all but certain to be thwarted again. Democrats aim to tag the G.O.P. as the culprit in its failure.The New York Times - Top stories - Senate -
EPA announces $300M to revitalize polluted sites
The Environmental Protection Agency (EPA) on Monday announced it would dole out $300 million to revitalize contaminated sites. That money is part of a larger $1.5 billion tranche that was part of the Bipartisan Infrastructure Law. The funds will ...The Hill - Politics -
This Pride Month, Companies Must Decide: Are They Truly Committed?
Despite the recent DEI backlash, many companies are moving forward with Pride Month celebrations. Here are three tips for honoring the occasion.Inc. - Business -
How to Manage the Overemployed Workers in Your Company
In the hidden world of dual employment, financial necessity clashes with ethical integrity, posing risks to employers and employees alike.Inc. - Business -
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Actors' Voices Stolen by AI Company, Lawsuit Claims
Two voiceover actors claim Lovo, a San Francisco AIstartup, tricked them into providing voice samples, then used them without permission.Inc. - Business -
Corporate insiders at these companies are telling us that consumers are cruising
Executive and director buying supports these 9 travel, gaming and recreational boat stocks.MarketWatch - Business -
Putin and Xi announce plans to strengthen military ties in Beijing
Russian leader praises ‘comradely’ talks with Chinese president ahead of concert to mark 75 years of ‘friendship’. . Russia and China have announced they will deepen their already close military ties, as Vladimir Putin met Xi Jinping in Beijing on ...The Guardian - World - China -
Activision Announces New Studio Making "All-New Franchise"
Activision, the gaming giant behind Call of Duty, has announced a new studio based in Europe--Elsewhere Entertainment--that is creating an "all-new franchise." This will be a "narrative-based IP," but the company did not confirm any further ...GameSpot - Tech -
U.S. announces effort to expedite cases of migrants who cross border illegally
Migrant adults released by federal border officials after crossing into the U.S. unlawfully will be eligible to be placed in the program.CBS News - Top stories -
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Biden announces grants to further desegregate schools on Brown vs. Board anniversary
The $20 million in new grants will go to creating magnet programs across the country to attract students across many backgrounds, the White House says.ABC News - Top stories - Joe Biden -
Las Vegas tourism arm announces $100,000 sponsorship for every Aces player
That's more than some of the Aces players' salaries.Yahoo Sports - Sports -
McDonald's Just Made a Brilliant Announcement, and Taught a Master Class in Emotional Intelligence
Can a company demonstrate emotional intelligence? Ask your grandma.Inc. - Business -
‘We know consumers are feeling pressured’: Target to cut prices on 5,000 items ahead of Memorial Day weekend
Retailer Target is competing on price with its bigger rival Walmart at a time when many Americans are struggling with inflationary pressures.MarketWatch - Business -
New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to make defrauded investors whole again.CNBC - Business - New York -
HRC announces $15 million swing state campaign to reelect Biden
The Human Rights Campaign (HRC), the nation’s largest LGBTQ rights group, on Monday announced a $15 million investment to reelect President Biden in November and combat escalating anti-transgender rhetoric on the 2024 campaign trail. The education ...The Hill - Politics - Joe Biden -
Acer announces the Swift 14 AI laptop, its first Copilot+ PC
Acer announces its first Copilot+ PC, the Swift 14 AI Laptop, which is powered by Qualcomm's Snapdragon X Series processors.VentureBeat - Tech -
Microsoft announces new PCs with AI chips from Qualcomm
Microsoft wants to deliver Windows PCs that can keep up with Apple's MacBooks on artificial intelligence performance and strong battery life.CNBC - Business - Microsoft -
Peloton shares drop after it announces refinancing to stave off cash crunch
Peloton is in the middle of a broad restructuring as it looks to align the size of its business with its slowing sales and avoid a cash crunch.CNBC - Business -
What to Do When Your Company's Mission Isn't Enough
State Bags began with a one-for-one giving back mission to support kids. But an epiphany left them wondering: Is this the best we can do?Inc. - Business -
Voice Actors Sue Company Whose AI Sounds Like Them
Two voice actors say an A.I. company created clones of their voices without their permission. Now they’re suing. The company denies it did anything wrong.The New York Times - Top stories -
Vantage, Our Cruise Company, Went Bankrupt. We Are Out $17,905.
A couple purchased an Arabian Sea voyage, but Vantage, the cruise company, went under. Their travel insurance was supposed to cover financial default, but the claim was repeatedly denied.The New York Times - Business -
U.S. citizen accused of helping North Korean IT workers infiltrate U.S. companies
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.CBS News - Top stories -
UK water companies embrace PFI to deliver £14bn of infrastructure
Ofwat encourages debt-laden utilities to set up entities to deliver reservoirs and pipelinesFinancial Times - World - United Kingdom -
Some A.I. Companies Face a New Accusation: ‘Open Washing’
An accusation against some A.I. companies that they are using the “open source” label too loosely.The New York Times - Business -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Water company boss defends multi-million pay packet
The water firm made 60,000 sewage spills last year but insists river quality is improving.BBC News - Top stories -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
GTA Parent Company Explains Why It Just Canceled Games
Take-Two president Karl Slatoff has discussed the company's recent decision to cancel games as part of a wider restructuring effort that also included layoffs. . During an earnings briefing, Slatoff observed that, across the video game industry, ...GameSpot - Tech -
3 Things I've Learned to Do Before Acquiring Another Company
Here's why most acquisitions fail.Inc. - Business -
US companies find borrowing conditions improving as markets rally
Chicago Fed’s index of financial conditions falls to lowest level since January 2022Financial Times - Business