Here are five key things investors need to know to start the trading day: 1. Roller coaster ride Stock markets took a volatile turn Wednesday as investors weighed the Federal Reserve’s interest rate decision. Market watchers initially cheered the outsized 50-basis-point rate cut, but it raised concerns that the Fed was trying to get ahead … Read more
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. “While we fell short of our expectations for the first quarter, … Read more
For more than a month, thousands of employees of Evolution, an online gambling company, have been on strike in Tbilisi, Georgia, protesting over pay, allegations of harassment, and unsafe working conditions. The strike began on July 12 but escalated in August. Initially, says Giorgi Diasamidze, head of the employee union LABOR, the company threatened that … Read more
Welcome back to INSIDE MEDIA where we bring you the inside story on media news, with plenty of views, every Monday and Thursday. THIS IS NOT JOURNALISM What’s the difference between the paparazzi and a stalker? Ask most celebrities and they’ll answer “not much”. Know the news with the 7NEWS app: Download today This week, … Read more
Commonwealth Bank is trialling an artificial intelligence-based chatbot that could replace its call centre staff as the company focuses on expanding AI-driven customer service. Called Hey Commbank, the Chat-GPT style system is being tested on employees who are also customers, the Australian Financial Review reports. The initiative forms part of its broader AI strategy in … Read more
Would $274,000 be enough to lure you to the remote “opal capital of the world”? South Australia’s District Council of Coober Pedy has upped the ante in its search for a qualified executive to take the reins, offering an extra $40,000 to fill the top job. The outback town of Coober Pedy has struggled to … Read more
A boss is copping an epic backlash after a message he sent to an employee while on holidays went viral. UK workplace expert Ben Askins shared on TikTok a text message from a man named Tom, who had received the message from his unnamed boss while on holidays. The video posted by Askins has garnered … Read more
If you’re the type of person who feels one trillion dollars is too much money for any single human to have, and you feel Elon Musk doesn’t deserve all the money he already has, then I’ve got some bad news for you. Thanks to six companies Musk currently leads – Tesla, SpaceX, X, xAI, The … Read more
WNBA expansion team coming to Portland in 2026. Source: WNBA The WNBA is adding its 15th team in Portland, the third new franchise as part of its most recent expansion, the league announced Wednesday. The Portland team, which was not named in a WNBA release, will begin play in 2026 and will be owned and … Read more
Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after years of falling popularity and financial troubles. “Over the last several years, the company’s financial position has been severely impacted by the challenging macroeconomic environment,” Laurie Ann Goldman, president and CEO of Tupperware Brands Corporation, said on Tuesday. Chapter … Read more
