SAP Staff Morale Plunges in Internal Survey Amid Restructuring
SAP SE is facing swelling discontent among employees in its home market, according to an internal survey, as Chief Executive…
Spirit Aero reviews furlough contingency plans amid Boeing strike
Spirit AeroSystems is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier…
Southwest’s turnaround strategy lifts shares
Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation packages for customers and aircraft…
X Under Musk: Suspensions Surge 307%, Driven by Action Against Child Abuse
X suspensions have more than quadrupled since Elon Musk bought Twitter, the social platform reported on Wednesday. At the same…
Intel rejects Arm’s approach for product division
Arm Holdings approached Intel about potentially acquiring the company’s product division but was told that the business is not for…
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
US-listed stocks of Chinese e-commerce companies spiked Tuesday after the country’s central bank announced its first stimulus measures since the…
Elliott to call special shareholder meeting to oust Southwest CEO
Activist investor Elliott Investment Management on Tuesday escalated its boardroom battle with Southwest Airlines, saying it plans to request a…
Intel launches Gaudi 3 accelerator for AI: Slower than Nvidia’s H100 AI GPU, but also cheaper
Intel formally introduced its Gaudi 3 accelerator for AI workloads today. The new processors are slower than Nvidia’s popular H100…
Oil Extends Sharp Drop on Prospect for More Saudi
Oil fell for a second day as Saudi Arabia was reported to be committed to increasing output in December, while…
Dollar Is Close to Erasing 2024 Gains as More Fed Cuts Loom
The US dollar is on the verge of erasing all of its gains this year on bets the Federal Reserve…