Day: March 12, 2024
GM hires ex-Tesla, Google exec to replace retiring head of manufacturing
General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin for General Motors DETROIT – General Motors’ long-time head of manufacturing […]
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Larry Ellison is $15 billion richer soon after Oracle's ideal day on stock market given that 2021
Larry Ellison, founder and former CEO of Oracle Inc. watches a training race from a motor boat forward of the America’s Cup Earth Collection sailing competitiveness on the Excellent Seem in Hamilton, Bermuda, Oct 16, 2015. Mike Segar | Reuters Oracle founder Larry Ellison notched a $15 billion gain on Tuesday following shares of his […]
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TD Cowen's Helane Becker talks Boeing's mounting troubles weighing on airline stocks
ShareShare Report by means of FacebookShare Article by way of TwitterShare Short article by using LinkedInShare Report via E-mail Helane Becker, TD Cowen senior investigate analyst, joins ‘Closing Bell Overtime’ to chat how Boeing’s mounting problems are weighing on the airline sector as shares like Southwest are dragged to multi-yr lows. Source
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Citadel's Ken Griffin says the Fed shouldn't slice also immediately, citing large tailwinds supporting inflation
Ken Griffin, Citadel at CNBC’s Offering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should really transfer little by little to reduce curiosity prices in its struggle in opposition to stubborn inflation. “If I’m them, I do not want to slice too swiftly,” Griffin mentioned at […]
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White Property to give $300 million weapons deal for Ukraine
Ukrainian soldiers stack ammunition in their fighting situation in the path of Bakhmut, Donetsk Oblast, Ukraine on February 20, 2024. Diego Herrera Carcedo | Anadolu | Getty Photographs The White Home will provide $300 million in further weapons to Ukraine, officers declared Tuesday, as much more funding remains held up in Congress by Republican leaders. […]
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Boeing's Max problems shift growth plans at major airline customers
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing‘s latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday. Their […]
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These are the shares most correlated to moves in bitcoin
Some envisioned — and unforeseen — names are joining the bitcoin frenzy. As bitcoin has rallied to all-time highs in the latest weeks, turbulent crypto currencies have regained some relevance amongst common traders. These actions have also experienced a ripple result among some stocks tied to buying and selling digital currencies — as well as […]
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IBM is slashing employment in marketing and advertising and communications
POLAND – 2023/09/11: In this picture illustration, IBM logo found shown on a smartphone with Artifical Intelligence (AI) symbols in the track record. Omar Marques | Lightrocket | Getty Images IBM on Tuesday instructed staff in its advertising and communications division that it can be slashing the dimensions of its staff members, according to a […]
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Look at Citadel's Ken Griffin discuss about the marketplaces, overall economy and the Fed's amount-slicing path
[The stream is slated to start at 3:20 p.m.ET. Please refresh the page if you do not see a player above at that time.] Ken Griffin, Citadel founder and CEO, is set to speak at the International Futures Field meeting in Boca Raton, Florida. He will go over his views on the hottest market trends as […]
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Frontier's newest upsell: Empty center seats, far more legroom at the front of the aircraft
A Frontier Airlines airplane lands at the McCarran Global Airport in Las Vegas on Thursday, Feb. 27, 2020. Elizabeth Web site Brumley | Tribune News Company | Getty Pictures Initial class on Frontier? Not very. But the spending budget airline on Tuesday launched a new incorporate-on to get a lot more home at the front […]
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