Category: Uncategorized

Inside US airports, banks merge elite travel clubs with branch offices
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Inside US airports, banks merge elite travel clubs with branch offices

Nicolette Nelson was running late for her return flight to Fairbanks as she sprinted towards her gate at Cincinnati/Northern Kentucky International Airport (CVG). Overcome by a medical issue, she didn’t make it to her gate and wound up spending the night in a Cincinnati hospital. By the next day, she had recovered and awaited her flight home,...

Apple (AAPL) earnings report Q2 2024
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Apple (AAPL) earnings report Q2 2024

Apple shares climbed 7% in extended trading on Thursday after the iPhone maker reported fiscal second-quarter earnings that topped estimates and announced an expanded stock buyback program. Apple announced that its board had authorized $110 billion in share repurchases, a 22% increase over last year’s $90 billion authorization. It’s the largest buyback in history, ahead...

Qualcomm earnings report fiscal Q2 2024
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Qualcomm earnings report fiscal Q2 2024

Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 10, 2024. Steve Marcus | Reuters Qualcomm reported fiscal second-quarter earnings on Wednesday that surpassed Wall Street expectations, and provided a strong guide for the current quarter. Shares...

Tesla shares drop after Musk cuts about 500 jobs in Supercharger team
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Tesla shares drop after Musk cuts about 500 jobs in Supercharger team

Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an estimated 500 employees in its Supercharger team. The stock closed...

Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations
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Samsung Electronics’ operating profit jumps 932.8% in first quarter, beats expectations

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung...

Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
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Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue

Bob Bakish, then president and chief executive officer of Viacom Inc., speaks during the Mobile World Congress Americas event in Los Angeles, California, U.S., on Tuesday, Oct. 22, 2019.  Patrick T. Fallon | Bloomberg | Getty Images Paramount Global’s board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according...

U.S. chipmaker Intel was once dominant, now struggles to stay relevant
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U.S. chipmaker Intel was once dominant, now struggles to stay relevant

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to their lowest level of the...

Intel (INTC) earnings report Q1 2024
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Intel (INTC) earnings report Q1 2024

Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024. Mandel Ngan | AFP | Getty Images Intel reported first-quarter earnings on Thursday that beat Wall Street expectations for earnings per share, but came up light in...