Tag Archives: corporate

[unable to retrieve full-text content]The corporate conversation around AI is changing: Morning Brief  Yahoo Finance Source link

American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think the developments in labor productivity could help the stock market survive stickier-than-expected inflation that has emerged as a concern in recent weeks. “If… Source link

NEW YORK (AP) — Donald Trump won’t face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans and other benefits. Still, Trump got slammed hard, facing big cash penalties, outside supervision of his companies and restrictions on his borrowing. In a pretrial ruling last year, the same judge threatened to shut down much of… Source link

Yandex NV has struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors, marking the biggest corporate exit from the country since Moscow invaded Ukraine almost two years ago. The Kremlin-engineered deal would see Russia’s largest technology player fall entirely under Russian ownership, including a fund ultimately owned by oil major Lukoil, and cement Yandex’s departure from Western tech circles. Once seen as one… Source link

[unable to retrieve full-text content]Year In Review: Google’s Corporate Paternalism in The Browser  EFF Source link

[unable to retrieve full-text content]What Corporate America is worried about  Yahoo Finance Source link

[unable to retrieve full-text content]Yandex makes changes to financial team ahead of corporate …  Reuters.com Source link

[unable to retrieve full-text content]Yandex makes changes to financial team ahead of corporate restructuring  CNA Source link

[unable to retrieve full-text content]Biden administration’s ‘Internet for All’ plan gets a corporate boost  Yahoo Finance Source link

Layoffs roiling the tech sector have been the biggest economic story of 2023. And now, it seems those layoffs are spreading into new corners of Corporate America. On Tuesday morning, 3M (MMM) announced it would cut 2,500 manufacturing jobs, as slower-than-expected growth followed from what the company called “rapid declines in consumer-facing markets — a dynamic that accelerated in December — along with significant slowing in China due to COVID-related disruptions.” The news from 3M… Source link