By Timothy Aeppel (Reuters) – Dan Ariens laid off workers, cut shifts, and halted nearly all hiring last summer after sales slumped at his company, best known for making bright orange snow blowers and lawnmowers sold around the world. Headcount …
Closing summary Nick Robins-Early Sam Bankman-Fried, former CEO of cryptocurrency exchange FTX, was sentenced to 25 years in prison for crimes of fraud and conspiracy. Judge Lewis Kaplan issued the sentence in a Manhattan courtroom on Thursday, declaring that the …
Once again, world leaders, business tycoons, and activists converged upon Davos, Switzerland for the annual World Economic Forum last week. The same elites fixated on ESG (environmental, social, and governance) selected “the fundamental principles driving trust, including transparency, consistency, and …
© Reuters. FILE PHOTO: A general view of the U.S. Capitol after United States Vice President Kamala Harris, voted on the Senate floor to break the 50-50 tie to proceed to the Inflation Reduction Act on Capitol Hill in Washington, …
© Reuters. FILE PHOTO: Sam Altman, CEO of OpenAI, attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo By Anna Tong and Shivansh Tiwary (Reuters) -OpenAI Chief Executive Sam Altman …
(Image credit: Groq) Groq, led by ex-Google engineer and CEO Jonathan Ross, claims to have created the first ever Language Processing Unit (LPU) which it says can deliver the fastest speeds for AI applications. It’s a bold claim, but one …
© Reuters. FILE PHOTO: A screen displays the trading information for New York Community Bancorp on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. REUTERS/Brendan McDermid/File Photo By Niket Nishant (Reuters) …
eBay has announced plans to cut around a thousand jobs as the company looks to ensure its “long-term success”. An announcement by company CEO Jamie Iannone confirmed that “approximately 1,000 roles,” or the equivalent of around 9% of the company’s …
There’s a science to the seemingly laissez-faire act of sporting an oversize shirt. As someone who veers oversize in every clothing category, I’ve had my fair share of misses. Too oversize can read sloppy. Not big enough, and the entire …
© Reuters. FILE PHOTO: A screen displays the logo for ConocoPhillips on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 6, 2022. REUTERS/Brendan McDermid (Reuters) -U.S. oil giant ConocoPhillips (NYSE:) on Friday gave …
