PWM IC firm uPI expects further revenue and profit declines in 1Q23
Taiwan-based uPI Semiconductor, an Asustek Computer affiliate specializing in power management ICs (PMIC), expects further drops in revenue and profits in the first quarter of 2023 due to continued weak demand and price-cutting pressure......»»
Stellantis begins search for Carlos Tavares successor
Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»
Researchers are commercializing technology to turn waste into plastic-free, biodegradable packaging
Seafood is a major industry in New England. It generates a lot of revenue for coastal communities, but with that productivity can come a lot of waste......»»
Stellantis said to start search for Carlos Tavares successor
Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»
Family-owned businesses hold non-family CEOs more accountable than family CEOs for firm performance
Family-owned businesses account for 59% of the U.S. private workforce, with 35% of Fortune 500 companies being family-owned. Although family-owned firms employ more than half of the U.S. workforce, little is known about their operations due to the se.....»»
Deeper corals may help shallow reefs recover in the Florida keys
Since the 1970s, coral reefs in the Florida Keys National Marine Sanctuary (FKNMS) have experienced catastrophic declines in coral cover, with as much as a 50% reduction between 1998 and 2011 alone. Although coral reefs within the FKNMS have been hea.....»»
‘Real Housewives of Salt Lake City’ star sues executives of her church’s business firm
‘Real Housewives of Salt Lake City’ star sues executives of her church’s business firm.....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Cards Against Humanity sues SpaceX, alleges “invasion” of land on US/Mexico border
Lawsuit: SpaceX took over "pristine" land CAH bought to stop Trump border wall. Enlarge (credit: Aurich Lawson | Cards Against Humanity) Cards Against Humanity sued SpaceX yesterday, alleging that Elon Musk's firm illega.....»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training
Runway deal will create a Lionsgate AI video generator, but not everyone is happy. Enlarge (credit: Benj Edwards / Malte Mueller via Getty Images) On Wednesday, AI video synthesis firm Runway and entertainment company Li.....»»
US ally says it expects America to intervene if China tries to take a rusting World War II warship in the South China Sea
US ally says it expects America to intervene if China tries to take a rusting World War II warship in the South China Sea.....»»
"Fight is coming": UAW, VW brace for start of bargaining
Profit sharing, COLA, retirement security, affordable health care and the elimination of tiers appear to be the UAW's focus points for bargaining with VW......»»
"Fight is coming:" UAW, VW brace for start of bargaining
Profit sharing, COLA, retirement security, affordable health care and the elimination of tiers appear to be the UAW's focus points for bargaining with VW......»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
Google’s ad tech empire may be $95B and “too big” to sell, analysts warn DOJ
Google Ad Manager is key to ad tech monopoly, DOJ aims to prove. Enlarge / A staffer with the Paul, Weiss legal firm wheels boxes of legal documents into the Albert V. Bryan US Courthouse at the start of a Department of Justice a.....»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
Asbury not the only company to battle the FTC instead of settle, attorney says
Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»
Neutral news sources could exploit today"s polarized mediascape to boost revenue—why they may choose not to
Even news outlets perceived as politically neutral can benefit from today's polarized media environment......»»
Kuo: iPhone 16 sales demand expected to be mostly flat compared to iPhone 15
Supply-chain analyst Ming-Chi Kuo this morning posted his latest estimates for iPhone 16 shipments, ahead of Apple’s event later today where the new iPhone 16 lineup will be finally unveiled. Kuo expects iPhone 16 shipments for 2024 to be about.....»»