Business

[ad_1] This bipartisan sentiment makes it challenging for those trying to argue for a more cautious, less aggressive approach to the world’s second-largest economy, like former U.S. Treasury Secretary Larry Summers, who was instrumental to helping China join the World Trade Organization. (China formally joined the international body in December 2001). “I am, in many respects, an admirer and a…

[ad_1] The halcyon days where venture capitalists were content forking over billions to the latest AI startup, as researchers burned through cash with little to show for it, may be all but over. A “reckoning” is coming soon for AI companies that fail to turn a profit as the new technology matures, Kai-Fu Lee, chairman and chief executive of Sinovation…

[ad_1] You may have forked out for a Spotify subscription to listen to Joe Rogan’s blockbuster podcast, before shelling out spare change to access an audiobook from the platform. Now, the music streaming giant is betting you’ll be tempted to splurge on pricey learning courses in everything from building a start-up to becoming a DJ. Spotify has launched learning courses…

[ad_1] Boeing announced this morning that CEO Dave Calhoun would depart the company and that an executive with three decades of tenure at the $117 billion manufacturing company, Stephanie Pope, would take the lead of the commercial airlines division. As Pope takes charge of a business in crisis, investors are waiting in the wings to see what Pope’s plan is…

[ad_1] White-collar workers at Chrysler-parent Stellantis have reason to be nervous if they ever receive a company notice telling them it’s mandatory that they work remotely on a particular day. That’s what happened to 400 or so of their colleagues on Thursday. They were informed via a notice that the next day the carmaker would be “holding important operational meetings…

[ad_1] “Hybrids are killing it,” said Michelle Krebs, executive analyst at Cox Automotive. “They’re just tearing it up.” Read More [ad_2] Source link

[ad_1] Last summer, the survival of Canopy Growth was in doubt. This week, the Canadian cannabis company watched its stock rise by about 114%.  On Friday, Germany passed a measure decriminalizing possession and home cultivation of cannabis, starting on April 1. The measure won final passage in the Bundesrat, the upper chamber of Germany’s parliament, after some uncertainty. “The removal…

[ad_1] Well, it’s nearly that time of year once again. Except this year, people may have to brace themselves for a different type of hunt—finding good deals on overpriced chocolate eggs. A new survey by consumer group Which? found the prices of Easter eggs—a central fixture of the holiday—have soared to eye-watering levels.  Across popular brands in the U.K., the…

[ad_1] The Justice Department is poised to sue Apple Inc. as soon as Thursday, accusing the world’s second most valuable tech company of violating antitrust laws by blocking rivals from accessing hardware and software features of its iPhone. The suit, which is expected to be filed in federal court, according to people familiar with the matter, escalates the Biden administration’s…

[ad_1] France is the newest country to join the bandwagon in trying the famed four-day work week.  But unlike most other countries that have piloted the system for a select few companies, France is looking to open up the program specifically for divorced parents who share child custody. The French scheme, first reported by The Times of London on Monday,…