For a long time, CEOs could get away with having relationships with employees. But now, companies are taking a tougher stance. The railroad Norfolk Southern fired its CEO, Alan Shaw, for a consensual relationship with the company's chief legal officer. This shows how seriously companies now take exe
Google might have to part ways with some of its big names like Chrome and Android, sharing user search data with competitors. This comes after the US Justice Department suggested these changes in a recent court filing. The DOJ wants to stop Google from favoring its own products, like Chrome, Play, a
This year, Spirit Halloween isn't taking down its signs after October. Instead, the company plans to turn 10 of its stores into "Spirit Christmas" locations. These stores will stay open through the end of the year, hoping to catch holiday shoppers' eyes in the Northeast. Imagine swapping out the fa
Imagine you're a business traveler rushing to catch your flight. Wouldn't it be nice to have a smooth, stress-free check-in experience? Flydubai, a Dubai-based airline, has just launched a new Business Class check-in at Dubai International Airport's Terminal 2. This isn't your average check-in area.
Last week, rumors suggested that Samsung might spin off its contract chip manufacturing business. However, the company's CEO, Jay Y. Lee, has laid these rumors to rest. Speaking to Reuters, Lee confirmed that neither the foundry business nor the logic chip designing business will be spun off. Instea
Lightdash, a company that offers a business intelligence (BI) platform, has recently secured funding to incorporate AI into their open source tool. This platform, which is an alternative to Google’s Looker, allows businesses to train AI analysts tailored to specific team use-cases. This means anyone
This week, China is putting a new tax on brandy coming from the European Union. Customs officials will start collecting deposits, around 30.6% to 39% of the brandy's value, from companies importing the drink. This change comes after a previous decision in August not to impose any taxes, despite find
PepsiCo has adjusted its expectations for 2024, forecasting a smaller increase in organic revenue due to several issues. Problems like recalled Quaker Foods products, reduced U.S. demand, and international business disruptions have led to weaker-than-expected sales. Pepsi now expects a low-single-di
Early morning trading was a rollercoaster ride for investors. Many US-listed Chinese stocks like online video giant Bilibili crashed by over 13%, with automaker Nio and e-commerce giants JD.com and Alibaba also taking heavy hits. The reason? China's state planner didn't announce any new stimulus pla
Samsung has hit some bumps in the road with its foundry business. Despite trying to catch up to TSMC, the company is struggling with poor yields, especially for its 3nm GAA wafers. Rumors swirled that Samsung might spin off its foundry and logic chip designing operations. But a Samsung executive has
