Firm Management

Amazon to Launch Discount Store to Compete Against Shein, Temu

Amazon to Launch Discount Store to Compete Against Shein, Temu

Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.


NYSE Glitch Led to a $48 Million Loss for Interactive Brokers, but NYSE Denies Compensation

Interactive Brokers suffered a $48 million loss due to a recent New York Stock Exchange (NYSE) glitch, which temporarily displayed incorrect stock prices.

Millions of Miniverse Toy Sets Recalled for Health Risks by MGA Entertainment

Millions of Miniverse toy sets produced by MGA Entertainment have been recalled by the US Consumer Product Safety Commission due to risks of skin burns, eye and respiratory irritation from contained resins.

OpenAI Delays ChatGPT Voice and Emotion Features for Further Safety Testing

OpenAI announced a delay in launching ChatGPT's voice and emotion-reading features to allow for additional safety testing


Latest News

Goldman Sachs Appoints Hess CEO as New Independent Member of the Board of Directors
Goldman Sachs has appointed John B. Hess, CEO of Hess Corporation, to its Board of Directors as an independent member.
X CEO Linda Yaccarino Shakes Up Her Executive Team Amid Elon Musk's Pressure on Costs: Report
Linda Yaccarino, the CEO of social media platform X, has reportedly restructured her executive team amid pressure from owner Elon Musk to increase sales and reduce expenses.
American Airlines Suspends Employees Involved in Removal of Black Passengers Due to False Body Odor Complaint
American Airlines has placed several workers on leave after removing Black passengers from a flight in Phoenix due to a complaint of body odor.
Change Healthcare Begins Notifying Customers of Potential Patient Data Exposure in Cyberattack
Change Healthcare is notifying hospitals, insurers, and patients of a recent cyberattack that exposed sensitive patient information and disrupted payment and claims processing nationwide.
OpenAI Co-Founder Ilya Sutskever Reveals New AI Startup Safe Superintelligence
OpenAI co-founder and former chief scientist Ilya Sutskever revealed his new startup called Safe Superintelligence.
FromSoftware
Elden Ring creator, FromSoftware, and president Hidetaka Miyazaki assures no mass layoffs under his leadership, citing job security's role in game quality.
Panera Bread Slices Dozens of Jobs in Arizona Dough-Making Facility as Part of Rebranding Plans
Panera Bread recently announced that it was closing down its dough-making facility in Chandler, Arizona on Aug. 15, 2024, which also meant laying off all its 64 employees.
Wells Fargo Fires Workers for Faking Work in Major Move Against Employee Disengagement
Wells Fargo's decision to fire employees accused of faking work highlights a growing intolerance among bosses for disengaged workers.
Tesla Shareholders Approve Elon Musk's Pay Package; X Demands Money from Ex-Employees, Citing Overpayment
Shareholders of Tesla approved the move to increase the pay package of CEO Elon Musk to $56 million.
Disneyland Replaces ‘Splash Mountain’ Attraction with ‘The Princess and the Frog’ Amid Racist Claims on ‘Song of the South’
Disneyland is set to open its new attraction called ‘Tiana’s Bayou Adventure,’ based on the animated film ‘The Princess and the Frog,’ in all of its theme parks later this year to replace a former ride which, according to its critics, contained racist themes.
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