corporate

Japan’s Nikkei hits all-time high on reforms, robust corporate earnings

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Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan’s Nikkei 225 hit a record high Thursday, powered by banking, electronics and consumer stocks as robust earnings and investor-friendly measures fuel a blistering rally in Japanese equities this year. The Nikkei 225 jumped nearly 2% to hit 39,029, … Read more

Delivery startup Veho makes corporate job cuts

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Veho, a package delivery company, confirmed that it laid off 19% of its employee headcount, or about 65 jobs. As first reported by The Information, these layoffs came after Veho grew revenue nearly 90% in 2023. “We conducted a reorganization of our corporate team to improve efficiencies, accelerate our path to profitability and be able … Read more

An ‘Unprecedented Time’: Inside the Three-Dimensional Approach Corporate Executives Are Taking to Generative AI

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With generative AI buzz at all-time highs, many organizations are focused on how this emerging technology can be leveraged for better workforce management and productivity. But there’s a more nuanced use of AI, and that is to work with and extract insights from your enterprise data itself. C-Suites and boards are looking at generative AI … Read more

This Automotive Union Has Settled. Here Is What It Got From Ford.

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Text size Lazer brazing at Ford plant in Oakville, Ontario. Hourly workers at the plant have a new labor deal. Courtesy Ford Labor deals in the car business are possible. A deal between the United Auto Workers and the Detroit-Three auto makers might be closer than investors expect. Just look north. Ford Motor (ticker: F) … Read more

Company bankruptcies surge on excessive rates of interest, uncertainty

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Federal Reserve Board Chairman Jerome Powell departs after talking throughout a information convention following the Federal Open Market Committee assembly, on the Federal Reserve in Washington, DC, on June 14, 2023.  Mandel Ngan | AFP | Getty Photos The Federal Reserve plans to maintain mountaineering rates of interest to stem inflation, which suggests a rise … Read more

Vimeo’s new AI script generator will write company advertising and marketing filler in seconds

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Video platform Vimeo is integrating new AI instruments for paying customers, together with an AI script era function powered by OpenAI’s tech. The corporate is selling the instruments as a manner for customers to “create a totally produced video in minutes,” and stressing the utility for company clients — potential use-cases vary “from rapidly creating spotlight … Read more

Bud Mild Is No Longer America’s High-Promoting Beer. This Is the New #1.

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Bud Mild has misplaced its standing because the top-selling beer within the U.S. Rick Diamond/Getty Pictures Textual content measurement ConModelo Especial has quietly overtaken Anheuser-Busch InBev ’s Bud Mild because the nation’s top-selling beer, punctuating the affect of a boycott that adopted the model’s controversial promotion by a transgender activist. Modelo captured 8.4% of U.S. … Read more