March 4, 2024
“…the retailer warned of another year of softer sales and said it would lay off workers and cut other costs across the business. CEO Corie Barry offered few specifics, but said the company has to make sure its workforce and… Continue Reading…
March 8, 2024
https://www.bitchute.com/video/Ui1ybMQ5NRZ4/ Click link to watch video.
March 1, 2024
“Let them eat Corn Flakes” appears to be Kellogg’s CEO Gary Pilnick’s advice to cash-strapped shoppers who are spending the highest portion of their income on food than at any point in the last 30 years. In an interview with CNBC… Continue Reading…
March 1, 2024
“Walt Disney and Indian conglomerate Reliance will merge their Indian businesses, the U.S. entertainment giant announced Wednesday. The companies will be combining their respective Star India and Viacom18 units into the newly created Star India joint venture, valued at roughly $8.5 billion… Continue Reading…
February 29, 2024
“… …” https://www.cnbc.com/2024/02/27/glean-is-worth-2point2-billion-as-citigroup-databricks-workday-invest.html Right now AI is where the money is.
February 29, 2024
“Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation unit, or 8% of its global workforce, becoming the latest technology company to announce headcount trims… He added that employees across all of the company’s… Continue Reading…
February 29, 2024
“…First, Macy’s will have to downsize. The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. By 2026, it will have just 350 Macy’s stores, the company… Continue Reading…
February 28, 2024
“Chipmaker Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a $4-billion deal to streamline its portfolio after the $69-billion purchase of VMware last year. The end-user computing… Continue Reading…
February 27, 2024
https://www.wsj.com/finance/investing/a-150-billion-question-what-will-warren-buffett-do-with-all-that-cash-7ddcf36a The article is behind a paywall so I’ll tell you my opinion on the matter. He’s going to wait for the market to crash. After the crash he’s going to buy up everything in sight for cheap. That’s the… Continue Reading…
Business
“Wendy’s, burned by CEO comment, vows no price surges for burgers”
March 4, 2024
“Wendy’s said on Wednesday it has no plans to raise menu prices at times of peak demand, after the burger chain was scorched on social media sites for comments its CEO made earlier this month suggesting the chain may start… Continue Reading…
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