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Adidas and Beyoncé to Part Ways After Ivy Park Sales Struggles
Business Music star’s clothing brand had weaker-than-expected sales since deal with German sportswear giant Source link
Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules
WSJ News Exclusive Europe Companies warn new disclosure requirements could disrupt deals, halt public tenders Source link
The Jobs Most Exposed to ChatGPT
Accountants are among the professionals whose careers are most exposed to the capabilities of generative artificial intelligence, according to a new study. The researchers found
Alibaba to Split Into Six Groups and Explore IPOs
The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link
Guinness Maker Diageo Appoints Its First Female CEO
The London-based maker of Johnnie Walker Scotch whisky and Smirnoff vodka said Debra Crew would take over from Ivan Menezes on July 1. Source link
Carnival Forecasts Another Loss This Year as Cruise Costs Rise
Business Earnings Projected loss comes as Royal Caribbean, Norwegian Cruise expect to post profits this year Source link
Disney Eliminates Its Metaverse Division as Part of Layoffs Plan
The unit, once seen as developing a new form of storytelling, had about 50 employees. Source link
Lyft Hires New CEO as Founders Step Back
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price. Source link
CNN Finalizing Deal to Add Gayle King
Basketball commentator Charles Barkley also in the mix as a potential host. Source link
Facebook Parent Plans Lower Bonus Payouts for Some Staff
Meta Platforms plans to adjust its performance review process, saying it is ‘optimizing’ for the year ahead. Source link