The head of Nike's women's business in North America, Maggie Gauger, is leaving the sneaker giant to become the CEO of Athleta.
US agencies log nearly 9x more GenAI use cases in 2024 - but deployments stall
Strict regulations, lack of funding, and hallucinations remain hurdles to implementation
US federal government agencies have identified a surge in AI use cases over the past year. But rolling them out? That's where things slow down, thanks to funding gaps, compute shortages, outdated policies, and a workforce still playing catch-up.…
Earnings Results: Starbucks CEO says turnaround is likely ‘ahead of schedule’
Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook
The multiyear effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster cancer drug Keytruda.
Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook
The multiyear effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster cancer drug Keytruda.
UnitedHealth says 2025 earnings will be worse than expected as high medical costs dog insurers
UnitedHealth's 2025 earnings guidance fell well short of Wall Street estimates, in the latest setback for the company.
UnitedHealth says 2025 earnings will be worse than expected as high medical costs dog insurers
UnitedHealth's 2025 earnings guidance fell well short of Wall Street estimates, in the latest setback for the company.
United Airlines flight attendants reject contract with immediate raises of at least 26%
United Airlines and the flight attendants' union had reached a tentative agreement for a new labor deal in May.
Royal Caribbean lifts full-year guidance on strong cruise bookings
CEO Jason Liberty told CNBC the cruise company is adapting to take advantage of evolving consumer preferences.
Royal Caribbean lifts full-year guidance on strong cruise bookings
CEO Jason Liberty told CNBC the cruise company is adapting to take advantage of evolving consumer preferences.