How Boeing Favored Speed Over Quality for the 737 Max: Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees ...
nytimes.com/2024/03/28/business/boeing-quality-problems-speed.html
Home Depot buying supplier to professional contractors in a deal valued at about $18.25B
apnews.com/article/home-depot-srs-d38b7a5863c084ca8880b2c1677fcbcd
McDonald's will offer Krispy Kreme doughnuts across the United States by the end of 2026, after a "successful test" at more than 160 of its ... Show more
Quick Glance: McDonald's to Sell Krispy Kreme Doughnuts by End of 2026
- McDonald’s plans to sell Krispy Kreme doughnuts at all 13,500-plus US locations by the end of 2026.
- The rollout begins in the second half of this year, taking about 2.5 years to add Krispy Kreme's treats nationwide.
- Krispy Kreme will significantly improve distribution efficiency, reach grocery and convenience stores, and grow its system profitably.
- The partnership will unlock growth opportunities for McDonald’s, especially in breakfast, and promote efficiency through reduced waste and increased production.
LIVE: United Launch Alliance rocket launches spy satellite: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1yNxaZqdRdgKj
Amazon’s Next Phase of Growth Will Be Driven by AI. Analyst Sees Bonanza for AWS.
barrons.com/articles/amazon-revenue-growth-ai-d70d858d
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Trump Media (DJT) Options Are So Costly Bill Gross Wants to Sell Them: Trading options tied to former president Donald Trump’s media company is attracting ...
bloomberg.com/news/articles/2024-03-28/trump-media-options-are-so-costly-bill-gross-wants-to-sell-them
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The Boeing union wants a board seat and a say on plane safety: Boeing's largest union is in contract talks — and it’s seizing the moment.
axios.com/2024/03/28/boeing-union-board-contract
Bill Gates: The billionaire is invested in these four unknown stocks: Bill Gates invests in unknown stocks such as Coca-Cola FEMSA, EcoLab, Waste Connections and ...
boerse-online.de/nachrichten/aktien/bill-gates-in-diese-vier-unbekannten-aktien-ist-der-milliardaer-investiert-20354052.html
GE Stock Is Dropping While GE Vernova Rises. Short Seller Jim Chanos Could Be Why.
barrons.com/articles/ge-stock-valuation-short-seller-jim-chanos-6af7a599
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Ryan Gosling & Apple Original Films Exec Jessie Henderson Launch General Admission Label, Ink Multi-Year First Look With Amazon MGM Studios
deadline.com/2024/03/ryan-gosling-jessie-henderson-general-admission-amazon-mgm-studios-1235869939/
$AAPL | Tim Cook's AI Focus At WWDC Will Be 'Biggest Change In Apple's Operating System Design' Since 1980s, Says Top Analyst Gene Munster: 'Monumental ... Show more
The rising price of food is contributing to budget-conscious diners cutting back. Roughly a quarter of consumers who make less than $50 ... Show more
Amazon's senior employees may not get a cash pay raise this year: Amazon.com Inc said on Wednesday its senior employees, whose compensation includes more ...
reut.rs/3TVGhDZ
Quick Glance: Amazon's Senior Employees May Not Receive Cash Pay Raise
- Amazon mentioned that senior employees, who are primarily compensated in stock, may not get a cash pay raise this year.
- The pay raise for some top employees, however, will significantly exceed last year's due to the strong growth in the e-commerce giant's stock price.
- Despite strong performance, Amazon initiated job cuts across divisions at the start of the year to reduce costs.
- The issue of pay raise was initially reported by Fortune.
Boeing Stock Is Still a Buy for Wall Street. A Lot Has to Go Right.: Citi analyst Jason Gursky laid out his thinking for why Boeing stock is still a buy in a ...
barrons.com/articles/boeing-stock-wall-street-94f80c90
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Nvidia against Amazon and Co: The race for the super chips: Artificial intelligence requires special semiconductor components. They come from the stock market ...
faz.net/aktuell/wirtschaft/unternehmen/nvidia-gegen-amazon-und-co-das-rennen-um-die-superchips-19615594.html
Nike Is Too Slow to Innovate, Says JD Sports Boss: JD Sports Fashion Plc said sluggish innovation at Nike Inc. contributed to a slump in sales at the UK retail ...
bloomberg.com/news/articles/2024-03-28/nike-is-too-slow-to-innovate-says-jd-sports-boss
J&J gets new opportunity to contest evidence linking talc to cancer: Johnson & Johnson will get a new chance to contest the scientific evidence linking talc ...
reut.rs/3TBk7p1
How the “Magnificent Seven” misleads: Forget the supergroup of stockmarket darlings
economist.com/finance-and-economics/2024/03/27/how-the-magnificent-seven-misleads
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Intel confirms Microsoft Copilot will soon run locally on PCs, next-gen AI PCs require 40 TOPS of NPU performance
tomshardware.com/pc-components/cpus/intel-confirms-microsoft-copilot-will-soon-run-locally-on-pcs-next-gen-ai-pcs-require-40-tops-of-npu-performance
Xiaomi speeds past Apple with the SU7 electric sedan: Apple is burying its plans for an electric car. The Chinese manufacturer Xiaomi, which will officially ...
diepresse.com/18316805/xiaomi-duest-mit-elektro-limousine-su7-an-apple-vorbei
The $100 Oil Call Is Back: Russia’s pledge to cut output has sparked talk of a return to triple digits, but there are obstacles ahead.
bloomberg.com/news/newsletters/2024-03-28/the-100-oil-call-is-back
Stocks Could Fall Without Warning for Investors, JPMorgan Says: It’s the talk of the stock market: What will be the sign that the five-month rally in US equities ...
bloomberg.com/news/articles/2024-03-27/jpmorgan-says-crowded-stocks-sow-risk-of-out-of-the-blue-shock
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Boeing has 'a cultural problem' and the CEO quitting 'doesn’t fix the issue,' a top strategist says
qz.com/boeing-ceo-dave-calhoun-stock-737-max-strategist-1851369576
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Five Things You Need to Know to Start Your Day: Asia: Good morning. JPMorgan raises momentum-trade warning. Japan amps up yen intervention threat ...
bloomberg.com/news/newsletters/2024-03-27/five-things-you-need-to-know-to-start-your-day-asia
Thames Water boss refuses to rule out bill increases of up to 40% to secure company's future
news.sky.com/story/thames-water-boss-refuses-to-rule-out-bill-increases-of-up-to-40-to-secure-companys-future-13103219
Quick Glance: Thames Water Directors Discuss Utility's Future
- The board of Thames Water engaged in crucial discussions as shareholders consider diluting a funding pledge. Shareholders, including the Universities Superannuation Scheme (USS) and China's sovereign wealth fund, may retract hundreds of millions of pounds in promised funding.
- Thames Water, employing about 7,000 people and serving nearly a quarter of the British population, is grappling with over £15 billion in debt. Shareholders had committed to provide £3.25 billion in the coming years, with the initial £750 million slated for this year.
- The shareholders' decision to reduce financial support could leave the heavily indebted company with few viable options to secure its future. Sky News previously reported that Whitehall officials had prepared contingency plans for Thames Water's potential collapse.
- Thames Water, serving 15 million customers in London and the south-east of England, has faced significant pressure due to leaks, sewage contamination, executive pay, and dividends. The prospect of temporary nationalisation in the event of a collapse could cost taxpayers billions.
Stock Market Today: Dow, S&P Live Updates for March 28: Treasuries fell as a Federal Reserve official emphasized that recent US economic data might delay the ...
bloomberg.com/news/articles/2024-03-27/stock-market-today-dow-s-p-live-updates
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Boeing's CEO is leaving: What does that mean for the plane manufacturer?: Boeing's CEO Dave Calhoun will step down by the end of the year. Here's what changes at ...
usatoday.com/story/travel/airline-news/2024/03/25/boeing-ceo-change-safety/73094870007/
Quick Glance: Implications of Boeing CEO's Resignation on Aircraft Manufacturer
- Dave Calhoun, the CEO of Boeing, is set to resign by the end of the year, with additional top executives leaving the company amidst safety concerns tarnishing its reputation following an incident involving an Alaska Airlines 737 Max in January.
- It is emphasized that most Boeing aircraft remain safe, but only time will reveal whether the restructuring in the corporate leadership leads to tangible positive changes.
- Implementing a cultural shift in a vast company like Boeing can prove to be a complex task, particularly for the incoming CEO tasked with rebuilding the company's image.
- Despite thorough investigations and changes at the helm of Boeing, it is crucial to highlight that the company's airplanes are safe and continue to be maintained by dedicated professionals to ensure safety in the aviation industry.
Expert sees clear message: "Xiaomi now attacks premium electric car market": Xiaomi, one of the world's leading cell phone manufacturers, is doing what Apple ...
n-tv.de/mediathek/videos/auto/Xiaomi-greift-jetzt-Markt-der-Premium-Elektroautos-an-article24837612.html
Pension Funds Seen Selling $32 Billion of Stock Into Quarter-End: With stocks set to cap another strong quarter, pension funds are likely to sell an estimated ...
bloomberg.com/news/articles/2024-03-27/pension-funds-seen-selling-32-billion-of-stock-into-quarter-end
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Home Depot Buys Roofing Distributor in Deal Valued at $18 Billion Including Debt: The retailer said it would acquire SRS Distribution in a deal with a value of ...
on.wsj.com/4aars6d
Focus: How Boeing's leadership was 'fired' by its own customers: It took 80 days. But for the airline industry, enough was enough.
reuters.com/business/aerospace-defense/how-boeings-leadership-was-fired-by-its-own-customers-2024-03-27/
Quick Glance: Boeing's Customer-Driven Leadership Shift
- A revolt by U.S. airline executives led to the removal of Boeing's top leadership, including CEO Dave Calhoun, following an incident involving an Alaska Airlines aircraft.
- U.S. airlines are advocating for significant changes at Boeing, emphasizing the need for an experienced industry professional to be selected as CEO.
- Responding to customer demands, Boeing underwent a comprehensive personnel restructuring and committed to reestablishing the company's direction.
- Boeing's clients, particularly U.S. airlines, pressed for a change in leadership, seeking enhanced safety and reliability from the aircraft manufacturer.
U.S. offers $10M reward for info on UnitedHealth hackers - UPI.com: The U.S. State Department is offering a $10 million reward for information identifying or ...
upi.com/Top_News/US/2024/03/28/State-Department-ransonware-reward/9751711599502/
Shein’s fast fashion comes with fast-finance risks: For a sign of how the internet has changed the way consumers shop for clothes, consider the “Shein haul ...
reuters.com/breakingviews/sheins-fast-fashion-comes-with-fast-finance-risks-2024-03-28/
End of an era as final Delta IV Heavy closes out 63 years of launches: The Delta family of rockets have been responsible for launching Mars rovers ...
orlandosentinel.com/2024/03/28/end-of-an-era-as-final-delta-iv-heavy-closes-out-63-years-of-launches/
‘A Simple Favor 2’: Paul Feig Gets The Gang Back Together For Amazon MGM & Lionsgate Sequel
deadline.com/2024/03/a-simple-favor-2-blake-lively-anna-kendrick-henry-golding-1235869573/
This robot barista can make you a coffee, but it wants to be tipped: A robot barista in Muji stores can make you a latte but don't be surprised if it asks you ...
businessinsider.com/robot-barista-makes-coffee-but-wants-tip-2024-3
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Wisconsin Supreme Court dismisses Amazon challenge to ruling that drivers are employees
wpr.org/news/wisconsin-supreme-court-dismisses-amazon-challenge-to-ruling-that-drivers-are-employees
Quick Glance: Wisconsin Supreme Court Upholds Ruling on Amazon Drivers
- Wisconsin Supreme Court affirms lower court ruling classifying some Amazon delivery drivers as employees, not independent contractors.
- The decision means an Amazon subsidiary faces a tax bill of over $200,000.
- Labor unions and the Wisconsin Department of Workforce Development advocated for Amazon Flex workers to be recognized as employees.
- Legal experts suggest the case could have implications for similar gig economy worker classification cases.
Salesforce (CRM) Einstein AI Cost $20 Million to License: It’s tough to stand out as a tech company working on artificial intelligence. Albert Einstein is ...
bloomberg.com/news/articles/2024-03-27/salesforce-paid-20-million-to-license-einstein-for-ai
Amazon expects to save $1.3 billion by slashing office vacancies: This will be another blow to the commercial real-estate market, which is already reeling from ...
businessinsider.com/amazon-expects-save-1-3-billion-slashing-office-vacancies-2024-3
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Ibotta’s expansion into enterprise should set it up for a successful IPO: Ibotta's recent partnerships with brands Exxon, Shell and Walmart helped the ...
techcrunch.com/2024/03/28/ibottas-expansion-into-enterprise-should-set-it-up-for-a-successful-ipo/
Supermarkets supersized their profits during the pandemic: Operating incomes at major grocery chains grew in 2021 — and are still climbing
qz.com/supermarket-prices-grocery-food-inflation-pandemic-1851369826
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Fast Fashion Retailers Asos, Boohoo and Asda Forced to Clarify Green Claims - Bloomberg
bloomberg.com/news/articles/2024-03-27/fast-fashion-retailers-asos-and-boohoo-forced-to-clarify-green-claims
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Family mistaken for car thieves: Inaccurate device tracking - US police storm residential building
n-tv.de/mediathek/videos/panorama/Ungenaues-Geraete-Tracking-US-Polizei-stuermt-Wohnhaus-article24838420.html
Amazon fined $7.8 mln by Polish consumer watchdog: Amazon has been fined 31 million zlotys ($7.8 million) in Poland for misleading customers about product ...
reuters.com/business/retail-consumer/amazon-fined-78-mln-by-polish-consumer-watchdog-2024-03-27/
Quick Glance: Amazon Faces Heavy Fine in Poland and Scrutiny Over Delivery Practices
- Poland's consumer watchdog, UOKiK, imposed a $7.8 million (31 million zlotys) fine on Amazon for allegedly misleading customers about product availability and delivery dates.
- Since September 2021, Amazon's sales practices have been under scrutiny following complaints from shoppers. The authority found potential deception in sales contract conclusions and the use of deceptive design elements to create a false sense of urgency.
- It was highlighted that Amazon failed to provide clear information about the rules of its delivery service before orders, despite guaranteeing delivery.
- Amazon intends to appeal the fine, emphasizing its dedication to customer satisfaction and collaboration with authorities.
Five dead as coach crashes on German motorway near Leipzig: The coach, reportedly run by FlixBus, veered to the right on the busy A9 autobahn before falling on ...
bbc.com/news/world-europe-68673114
What Visa and Mastercard Settlement Means for Cardholders, Rewards, Fees: Picture this: A customer walks into a grocery store just looking to buy a carton of ...
bloomberg.com/news/articles/2024-03-26/visa-mastercard-deal-rattles-consumers-credit-card-rewards-math
Leaked Images Reveal White Xbox Series X With No Disc Drive - Report - IGN: Images of a white Xbox Series X have leaked on the Internet, apparently confirming ...
ign.com/articles/leaked-images-reveal-white-xbox-series-x-with-no-disc-drive-report
The FDA has approved Merck's drug to treat a rare, deadly lung disease: Merck bought the company developing the drug for $11.5 billion in 2021
qz.com/fda-merck-winrevair-approval-lung-pulmonary-disease-1851368126
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JPMorgan bets on new wealth planning tool to draw investments: JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more ...
reuters.com/business/finance/jpmorgan-bets-new-wealth-planning-tool-draw-investments-2024-03-27/
Amazon loses court fight to suspend EU tech rules' ad clause: Amazon on Wednesday lost its fight to suspend a requirement regarding its online advertising under ...
reuters.com/technology/eus-top-court-rejects-amazons-request-suspend-eu-tech-rules-ad-clause-2024-03-27/
Baltimore Key Bridge Collapse: Latest Updates: The collapse of the span, triggered when a cargo ship struck a support structure of the Francis Scott Key Bridge ...
nytimes.com/live/2024/03/27/us/baltimore-key-bridge-collapse
Quick Glance: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
Tim Cook's AI Focus At WWDC Will Be 'Biggest Change In Apple's Operating System Design' Since 1980s, Says
benzinga.com/analyst-ratings/analyst-color/24/03/37980029/tim-cooks-ai-focus-at-wwdc-will-be-biggest-change-in-apples-operating-system-design
MacKenzie Scott Donates $640 Million to Non-Profits After Elon Musk's 'Ex-Wife' Comment on X
entrepreneur.com/business-news/mackenzie-scott-donates-640b-to-nonprofits-after-musk-post/471456
A marketing victory for Nike is a business win for Adidas: The contest of the sportswear giants heats up
economist.com/business/2024/03/27/a-marketing-victory-for-nike-is-a-business-win-for-adidas
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Diners With Lower Incomes Shrink Their Fast Food Orders: McDonald's and Wendy's say they're seeing smaller orders and fewer visits from people ...
inc.com/reuters/diners-with-lower-incomes-shrink-their-fast-food-orders.html
Boeing Is Preparing for the Starliner's First Crewed Spaceflight: Perhaps the $116 billion aerospace giant is hoping this will fix its botched reputation.
extremetech.com/aerospace/boeing-is-preparing-for-the-starliners-first-crewed-spaceflight
Man buys entire house on Amazon for £20,500 but spots issue when he steps inside: If you're struggling to get on the housing ladder, Amazon may have a ...
mirror.co.uk/money/man-buys-entire-house-amazon-32451012
A Costco rival is expanding: BJ’s Wholesale Club plans to open five new locations in the Southeast and Midwest U.S.
qz.com/bjs-wholesale-expanding-new-stores-costco-sams-club-1851369614
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France and Brazil announce $1.1 billion investment plan for the Amazon: The Brazilian and the French presidents announced on Tuesday a plan to invest 1 billion ...
apnews.com/article/lula-macron-brazil-amazon-investment-9c938a9164baa7b01dbd69002bb76798
Apple CEO Tim Cook’s Love for China Gives Boost to Economy (AAPL): China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s ...
bloomberg.com/news/articles/2024-03-26/tim-cook-s-love-for-china-helps-xi-fight-fears-of-economic-slump
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We throw away a third of all food we produce.
Learn more about the circular innovators helping to improve our planet on UpLink: uplink.weforum.org/uplink/s/uplink-issue/a002o0000134WcTAAU/trillion-trees-india-challenge @374Water UpLink - ... Show more
McDonald's worker allegedly beaten by group of teens while on the job: Khoby Dawson is calling for better protection from the fast food giant after he was ...
9news.com.au/national/mcdonalds-worker-allegedly-beaten-by-group-of-teens-while-on-the-job/57f543a2-86c4-40fd-9c2d-8611c6a4d035
‘ALIENS’ is now available on 4K UHD for the first time ever.
Order here: www.amazon.com/Splatoon-3-Nintendo-Switch/dp/B09T5SJQGV #ad
Amazon adds $3.7 billion to its stake in AI start-up Anthropic: The additional investment shows the enormous resources that tech companies are pouring into AI.
straitstimes.com/business/amazon-adds-37-billion-to-its-stake-in-ai-start-up-anthropic
Don’t Buy Boeing Stock. How to Play It With Options Instead.: Because Boeing’s situation is so abnormal, it is difficult to have confidence about anything the ...
on.barrons.com/3Q1ti1h
JPMorgan Warns Of Potential For 'Flash Crash' As Stocks Wrap Historic Stretch: It’s hard to find any bad vibes among investors, but the market’s high ...
forbes.com/sites/dereksaul/2024/03/28/jpmorgan-warns-of-potential-for-flash-crash-as-stocks-wrap-historic-stretch/
Dow outperforms Wall Street in thin trading week: The Dow outpaced Wall Street peers in lean trading on Wednesday, boosted by strong gains in drugmaker Merck ...
reuters.com/markets/us/futures-recover-focus-shifts-fed-officials-comments-2024-03-27/
J.P. Morgan U.S. equity head eyes AI and health 'game changers': TOKYO -- As major U.S. stock indexes tread record highs, the head of U.S. equity for J.P ...
asia.nikkei.com/Editor-s-Picks/Interview/J.P.-Morgan-U.S.-equity-head-eyes-AI-and-health-game-changers
Boeing Delivered Just 3 MAX Jets in a Week. That Is a Good Thing.: That pace of deliveries is well below what Wall Street expects, but going slow makes sense for ...
barrons.com/articles/boeing-stock-deliveries-quality-f56bd6d8
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Deutsche Bank shares scale 6-year high as MS upgrades: Shares in Deutsche Bank climbed to their highest in more than six years on Wednesday ...
reuters.com/business/finance/deutsche-bank-shares-scale-6-year-high-ms-upgrades-2024-03-27/
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