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industrial news
Meta, Microsoft Team Up to Offer New AI Software for Businesses
The Meta AI model, dubbed Llama 2, will be free and available to developers building software on Microsoft’s Azure cloud-computing platform. Source link
Taco John's, Taco Bell Terminate 'Taco Tuesday' Trademark Tussle
Restaurant chain Taco John’s said it is giving up its fight defending its trademark of the phrase. Source link
Retailers' Problems Get Real
Merchants are selling more stuff, but now it is often at lower prices. Source link
Prologis Boosts Outlook on Record Quarterly Earnings
The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link
7 Financial Crimes That Rocked the U.S.
Sign up for a new limited email series to uncover some of the most shocking corporate misdeeds of the past 100+ years. Source link
Chipotle Is Bringing Its Burritos to Small Town U.S.A.
The fast-casual Mexican chain plans to build hundreds of locations in smaller markets as part of its long-term growth strategy. Source link
Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link
Record Miami Land Sale Collapses Amid Slowdown
Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link
Lockheed Martin Projects Higher Sales as War Boosts Orders
The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link