The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
Aaron Anderson has more than eight years of experience in franchise operations, sales and development with multiple restaurant service brands.
By Mauro Orru Embracer Group shares jumped Monday after the Swedish video-game maker said it plans to split into three listed companies. Shares traded 10%
DAYTON, Ohio (WDTN) -- In just a few months, all eyes will look to the skies for the 50th Dayton Air Show. Kevin Franklin, executive director of the Dayton Air Show, sat down with 2 NEWS to talk about the upcoming event, including new static displays and planes to keep an eye out for. With []
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sales as "under pressure."But shares rocketed up more than 11 percent in after-hours trading after Tesla pledged to "accelerate" new more...
Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting. But shares of Elon Musk's EV company rallied after Tesla signaled pledged to "accelerate" new more affordable autos -- something Wall Street analysts have been clamoring
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. The federal government says it plans to lease and build on under-used federally-owned lands. The government says the plan is part of what it calls an “ambitous housing strategy” and part of the 2024 federal budget tabled this week. The federal lands can include post offices, government buildings, or an armoury. An armoury in Nova […]
Sikorsky plans on laying off workers due to the U.S. Army’s recent decision to cancel the Future Attack Reconnaissance Aircraft program, a spokesperson said. The layoffs will impact workers in the Sikorsky business segment. A spokesperson told NBC Connecticut that amounts to less than 1% of parent company Lockheed Martin’s workforce. “We intend to retain as many roles as possible
Take-Two Interactive plans to lay off 5 percent of its workforce, or about 600 employees, by the end of the year, as reported in an SEC filing Tuesday. The studio is also canceling several in-development projects. These moves are expected to cost $160 million to $200 million to implement, and should result in $165 million in annual savings for Take-Two. As the owner of Grand Theft Auto and the parent company of Rockstar Games, 2K, Private Division, Zynga and Gearbox, Take-Two is a juggernaut in...
Shares of Truth Social parent company have fallen 60% since March market debut as ex-president under financial pressureShares of the former president Donald Trump’s social media company slumped 12% on Monday, extending their string of losses, after the company said in a regulatory filing that it could sell millions of additional shares in coming months.The filing showed a potential sale of 146.1m shares in Trump Media & Technology Group, including 114.8m shares owned by Trump himself. Documents...
Discussions continue about investment plans for city of Springfield neighborhoods. The South End was the topic of conversation Thursday night.
Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares.