Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to…
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Business
Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction
by adminRare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to sell for a combined $20 million. Sotheby’s announced…
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How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise
by adminSonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019. A less-than-three-minute trailer released…
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Domino’s Pizza is finally releasing its own version of stuffed crust on Monday, aiming to win over the customers who are willing to spend more on the pricey pizza customization. Thirty…
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Treasury ends enforcement of business ownership database meant to stop shell company formation
by adminThe U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury said in a news release…
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Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
by adminNvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think “about how best to answer” questions…
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Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount…