Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Hollie Adams | Bloomberg ...
Tag: business news
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti ...
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel ...
Instagram is failing to crack down on hate speech against women politicians as elections near, advocacy group says
Instagram has failed to remove toxic comments directed at Vice President Kamala Harris and other leading female politicians from its ...
Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts
A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. Justin Sullivan | Getty ...
Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks ...
Texas judge who owned Tesla stock recuses himself in Elon Musk’s X case against advertisers
Jaque Silva | SOPA Images | Lightrocket | Getty ImagesThe judge overseeing X's lawsuit against advertisers has recused himself following ...
Google launches first AI-powered Android update and new Pixel 9 phones
Google announced its first smartphone fully powered by its AI "Gemini" system.Google on Tuesday announced new artificial intelligence features that ...
Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla
The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May ...
HelloFresh shares pop 11% as meal kit giant beats profit estimates
Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second ...
