Wall Street focus turns to the Fed

A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings … Read more

Movement of pilot’s seat a focus of probe into LATAM Boeing flight, report says

(Reuters) -The movement of a flight deck seat is a key focus of the probe into a sudden mid-air dive by a LATAM Airlines Boeing 787 plane that left more than 50 people injured, aviation industry publication the Air Current reported on Wednesday. The plane, which was heading from Sydney to Auckland on Monday, dropped … Read more

U.S. retail sales in sharp focus

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

Classroom of the Elite Season 3 Episode 11 To Focus on Event Selection Exam

A lot is taking place in Classroom of the Elite Season 3. Hirata’s past has been revealed, and Katsuragi’s betrayal has been exposed, too. Things are escalating everywhere, and the upcoming Episode 11 is bound to make things hotter. Suzune and Kiyotaka have used Katsuragi’s betrayal for the Event Selection Exam. With so many things … Read more

Cool Smashers focus on further integrating new stars

Tots Carlos celebrate a point for Creamline in a PVL All-Filipino Conference. –MARLO CUETO/INQUIRER.net Creamline gets another relatively light assignment in Galeries Tower in the Premier Volleyball League (PVL) All-Filipino Conference eliminations on Thursday, giving coach Sherwin Meneses the chance to again integrate his new recruits and his Cool Smashers the chance to jell even … Read more

Apple just killed its electric car project, shifting focus to generative AI

Jason Hiner/ZDNET Apple is canceling one of its open secret projects — building an autonomous electric car, and shifting most of the 2,000 employees working on it to focus on generative AI efforts instead.  The internal announcement was made by Apple COO Jeff Williams and an Apple vice president leading the electric car project, Kevin … Read more

As Techstars retools, some former staffers say it lost focus on what made it successful

Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.  Criticism from former members of its decisions lit social media channels who argued that the famed startup accelerator has lost focus on the very thing that historically made it so successful: city-based … Read more

Jumia reduces losses by over 90% amid focus on restoring order and GMV growth

In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100-120 million in Q1, $90-100 million in Q2, and $80-90 million in Q3, aiming for a 57-61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed in that regard. It ended the year with $58.2 million in adjusted EBITDA loss, marking a … Read more

Dwayne Johnson tells Travis Kelce to ‘focus’ on Super Bowl amid Taylor Swift romance

Dwayne Johnson tells Travis Kelce to focus on Super Bowl amid Taylor Swift romance Dwayne Johnson recently weighed in on the buzzing romance between Travis Kelce and Taylor Swift. Ahead of Super Bowl LVIII, the 51-year-old wrestler-turned-actor told CNN Sports that he’s “on-board with” the tight end’s relationship with the popstar. “I love it. I … Read more