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2 mins read
Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings
Intel shareholders accused the company of hiding problems about its in-house foundry business in a …
Lloyd Lee
2 mins read
Tata Motors shares slump 4% on poor sales data
On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …
PTI
2 mins read
Most luxury companies are struggling in China — except one
Hermès defied China's luxury slump, with uptick in sales in Asia. Its chairman said Chinese shopper…
Lian Kit Wee
2 mins read
Accenture, Cognizant could see revenue growth but a strong US dollar could spoil the party
Accenture cut earnings per share for 2022 to $10.61-10.70, compared with its previous estimate…
5 mins read
No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance
Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …
5 mins read
Spotify employees question lavish spending on events while the company lays off thousands
Amid layoffs, Spotify remains committed to extravagant events, sparking debate about the company's …
Jyoti Mann
1 min read
Samsung's Q3 earnings outlook grim amid poor global chip demand
According to the analysis by Yonhap Infomax of earnings outlooks for the two companies by securi…
3 mins read
Hamas militants were high on 'poor man's cocaine' during the October 7 terrorist attacks, report says
According to the American Chemical Society, militant groups use the Captagon to increase "aggressiv…
Nathan Rennolds
2 mins read
CHART OF THE DAY: Recession fears appear to be cooling among US companies
Mentions of "recession" have dropped considerably on earnings calls among S&P 500 companies this ye…
Phil Rosen
5 mins read
Bill Ackman and Elon Musk called DEI 'racist' but companies need it to succeed, experts say
Diversity, equity, and inclusion programs are taking heat from some billionaires but corporate DEI …
Tim Paradis,Josée Rose
4 mins read
TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect
Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…
3 mins read
Yes Bank stock slips 5% as high provisions drag down its Q4 net profit
$YESBANK.NSE Stock is trying to gain some support near Rs 12-15 range, but momentum is missing in t…
4 mins read
I quit a 6-figure job to create personal-finance videos on TikTok. 2 years later, my social-media business is earning millions in revenue.
Vivian Tu quit a six-figure job at BuzzFeed when her TikTok content about personal finance began ga…
Marta Biino
4 mins read
All 4 major student-loan companies have now gotten punished for customer service issues as borrowers struggle with repayment — and it might not be the end
Since student-loan payments resumed, millions of borrowers have encountered issues with their servi…
Ayelet Sheffey
6 mins read
After crossing an annual revenue run rate of Rs 100 crore, nutrition brand OZiva eyes 4X growth this year
We hope to bring about a change in the way ‘clean nutrition’ is perceived in the country: Aarti Gil…
4 mins read
India’s largest D2C beauty company to raise ₹1,701 crore via an IPO
House of brands Honasa Consumer is planning to raise as much as ₹1,701 crore from its maiden public…
3 mins read
TCS and Infosys to face least impact — Indian IT companies likely to report sharp decline in revenue during first quarter
Note: Revenue dip calculated in constant currency (CC) terms The p…
4 mins read
CHARTS: We analyzed revenue per employee to show why Amazon, Meta, and others are axing workers with brutality and speed
Revenue per employee is a quick way to look at a company's efficiency. Charts show one clear thing:…
Hasan Chowdhury
4 mins read
Adani Enterprises FPO subscribed just 2% amid allegations by Hindenburg Research
As on Monday, shares of Adani Enterprises are up nearly 4% at around 12:47 pm. But, at ₹2,853,…
2 mins read
Australia researchers find poor sleep may be risk factor for Type 2 diabetes
As the Christmas season approaches, University of South Australia researchers are encouraging peopl…