Economy

Salesforce CEO Marc Benioff speaks during Salesforce’s Dreamforce on September 17, 2024 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images In the emerging AI software battle between Microsoft and Salesforce investors do not need to pick a side. […]

GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive, chairman and president effective immediately — and he won’t be collecting a salary.Shares of the company fell 1.8%.GameStop’s board, with Cohen abstaining, unanimously voted to appoint the entrepreneur as the retailer’s top executive on Wednesday.… […]

Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA.NurPhoto / ContributorDelta Air Lines CEO Ed Bastian said the airline will make “modifications” in the next few weeks to its loyalty program after a recently announced overhaul that would make it… […]

VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023.Lisa Baertlein | ReutersVietnamese electric vehicle maker VinFast’s ambitious plan to deliver as many as 50,000 vehicles this year is “unrealistic,” according to one analyst.VinFast said it expects to deliver 40,000 to 50,000 vehicles in 2023… […]

A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | ReutersRevenue from China’s top chip equipment makers surged in the first half of the year, research released Thursday showed, as Beijing continues to aim… […]

Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024. Rodin Eckenroth | Filmmagic | Getty Images Intuit shares fell 6% in extended trading Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts’ estimates due to some […]

Gautam Adani, chairman of Adani Group, following a Bloomberg Television interview at the company’s headquarters in Ahmedabad, Gujarat, India, on Saturday, May 25, 2024. Gautam Adani says he’ll shift control to his scions in the early 2030s. Photographer: Sumit Dayal/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images This report is from this week’s […]

People walk past an Old Navy store on Fulton Street on April 11, 2024 in Downtown Brooklyn in New York City. Michael M. Santiago | Getty Images Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better-than-expected results, leading it to raise its annual […]

Jaque Silva | Nurphoto | Getty Images Alphabet shares fell 4% on Thursday, after the Department of Justice called for Google to divest its Chrome browser as a remedy to its antitrust case. The proposed breakup would, according to the DOJ filing Wednesday night”permanently stop Google’s control of this critical search access point and allow […]

The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021. NYSE Snowflake shares rocketed 32% Thursday, closing out its best day since the company went public in 2020, after the data analytics software maker reported fiscal third-quarter earnings that beat estimates. Here’s how the company did […]