Microsoft crosses $3 trillion in market cap

Microsoft crosses  trillion in market cap

Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024. David Paul Morris | Bloomberg | Getty Images Microsoft’s market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% to around $404 per share. The milestone comes two weeks after Microsoft eclipsed Apple … Read more

Chipotle aims to hire 19,000 workers ahead of spring

Chipotle aims to hire 19,000 workers ahead of spring

A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images Chipotle Mexican Grill hopes to recruit 19,000 new employees to make its burritos and bowls this spring, the company said Wednesday. The company’s hiring target suggests it’s expecting an even busier … Read more

FAA chief vows ‘boots on ground’ to get quality control

FAA chief vows ‘boots on ground’ to get quality control

Michael Whitaker, nominee to be the next administrator of the Federal Aviation Administration (FAA), testifies during a Senate Committee on Commerce, Science, and Transportation hearing on Capitol Hill October 4, 2023 in Washington, DC. The FAA has been without a Senate-confirmed administrator for 18 months. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images … Read more

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images SAP said on Tuesday that it aims to carry out voluntary buyouts or enable job changes for 8,000 employees as part of … Read more

Netflix WWE deal doesn’t mean more sports investment

Netflix WWE deal doesn’t mean more sports investment

Dwayne ”The Rock” Johnson and John Cena in action during WrestleMania XXVIII at Sun Life Stadium on April 1, 2012 in Miami Gardens, Florida. Ron Elkman | sports Imagery | Getty Images Sport | Getty Images Netflix co-Chief Executive Officer Ted Sarandos wants to make one thing clear about the company’s deal to license WWE’s … Read more

Netflix is preparing investors and users for more price hikes in 2024

Netflix is preparing investors and users for more price hikes in 2024

The Netflix logo displayed on a phone screen and its website on a laptop screen are seen in this photo taken in Krakow, Poland, June 8, 2023. Jakub Porzycki | Nurphoto | Getty Images Get ready to pay more money for Netflix. You had to read down to page six of Netflix’s shareholder letter to … Read more

P&G shares pop on solid quarterly earnings. But do not chase rally

P&G shares pop on solid quarterly earnings. But do not chase rally

Procter & Gamble shares jumped more than 4% on Tuesday following better-than-expected quarterly earnings that were released before the opening bell. While sales missed the mark, profitability was solid, excluding charges related to writing down the value of Gillette and non-core restructuring measures. P & G raised the low end of their full-year EPS guide. … Read more

‘Barbie,’ ‘Oppenheimer’ biggest best picture box office

‘Barbie,’ ‘Oppenheimer’ biggest best picture box office

Movie posters for “Barbie” and “Oppenheimer” are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, in 2023. Hannah Beier | The Washington Post | Getty Images “Barbenheimer” strikes again. It’s no surprise that Warner Bros.’ “Barbie” and Universal’s “Oppenheimer” were among the 10 best-picture nominees announced Tuesday for this year’s Academy … Read more

Netflix (NFLX) earnings Q4 2023

Netflix (NFLX) earnings Q4 2023

The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. The company’s performance has been an anomaly in the streaming realm. While competitors struggle to turn … Read more

Martin Shkreli lifetime drug ban upheld by appeals court

Martin Shkreli lifetime drug ban upheld by appeals court

Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, exits court in New York, US, on Wednesday, Oct. 4, 2023.  Yuki Iwamura | Bloomberg | Getty Images A federal appeals court on Tuesday upheld a lifetime ban on “Pharma bro” Martin Shkreli from working in the pharmaceuticals industry. The ruling by a three-judge panel … Read more