CNN — Alibaba on Tuesday said it plans to split its business into six separate units, in a move that promises to radically reshape the sprawling Chinese e-commerce firm that…
Tag: Business
Gen Z’s views of Indy’s leisure and entertainment sector – Inside INdiana Business
As the world changes and develops at an alarming rate, so does the entertainment sector. With a growing number of Gen Zers moving to Indianapolis, it’s essential to understand their…
The Week in Business: Microsoft’s Big Bet on A.I.
What’s Up? (Feb. 5-11) An A.I. Arms Race Microsoft’s often-overlooked search engine, Bing, is mounting a comeback with ChatGPT, the suddenly ubiquitous chatbot capable of composing song lyrics, writing academic…
The Week in Business: Creeping Layoffs
What’s Up? (Jan. 22-28) Job Cuts, and Not Just in Tech What began as a wave of ominous job cuts by technology companies is rippling through other industries, most recently…
Usain Bolt Fires Business Manager After $12 Million Goes Missing In Alleged Fraud Case
SAN JUAN, Puerto Rico (AP) — Jamaican sprinter Usain Bolt told reporters Friday that he is baffled over how $12.7 million of his money has gone missing from a local…
Microsoft quarterly profit falls 12% but cloud computing business shows strength
CNN — Microsoft on Tuesday posted weaker-than-expected revenue and a double-digit percentage drop in profit for the final three months of last year amid broader economic uncertainty and reduced demand…
The Week in Business: The Debt Limit and Politics
What’s Up? (Jan. 15-21) The U.S. Hits Its Debt Ceiling The United States hit its borrowing cap of $31.4 trillion on Thursday, setting the stage for a bitter fiscal fight…
Kim Kardashian Gives Speech At Harvard Business School
Kim Kardashian visited Harvard Business School as a guest lecturer Friday to speak about SKIMS, her multi-billion dollar shapewear company, according to NBC10 Boston. The reality TV star was accompanied…
Why China Is Changing Its Tone on Business
China’s leader, Xi Jinping, used his annual New Year’s Eve address in 2021 to laud the patriotic achievements of the Chinese people. In a year marked by crackdowns on tech…
The Week in Business: More Air Travel Chaos
What’s Up? (Jan. 8-14) System Breakdown On the heels of Southwest Airlines’ holiday travel meltdown, a much wider systemic breakdown grounded planes last week. The source of the problem lay…