Bobby McCain, who exceeded all expectations as a fifth-round Dolphins pick, first as a slot corner and later as a free safety, is being released by the club. McCain played six season for the Dolphins and will be remembered as a fiery, scrappy and determined overachiever. McCain earned a four-year, $27 […]
Analysis: after catching up lost ground, growth will be relatively swift next year but then slow in 2023 Last modified on Thu 6 May 2021 11.52 EDT If the Bank of England is right, Britain is on course for its strongest annual growth since 1941 – the year of Pearl […]
Amazon.com Inc. (AMZN) Thursday reported first-quarter results, with both earnings and revenues trouncing Wall Street estimates, as the online retail giant continues to benefit from the ongoing COVID-19 pandemic as more and more customers shop on the e-commerce platform. Looking forward, the company issued a strong second-quarter revenue outlook, indicating […]
Digital banking channels are celebrating increased momentum as a result of the pandemic. This digital banking behavior will likely continue to evolve, spurring banks to satisfy customers’ digital demands. Do you work in the Banking industry? Get business insights on the latest tech innovations, market trends, and your competitors with […]
Photo by Chip Somodevilla/Getty Images SEC chair Gary Gensler outlined his concerns around the GameStop episode in prepared remarks to Congress Thursday. He highlighted seven factors he believed were at play amid the mania that roiled the market in January. Among the factors Gensler pointed to were the gamification of […]
Marc Lore left Walmart in January. His latest venture involves an investment in Wonder, a business that is part food truck, part ghost kitchen, CNBC has learned. Scott Hilton, a longtime colleague and former chief revenue officer of Walmart's e-commerce business, is Wonder's chief executive, a person familiar with the […]
The Detroit automaker's innovation division has identified $1.3 trillion in new market opportunities that it believes complements its core business. GM's majority-owned autonomous vehicle unit Cruise is vying for what executives say could be an $8 trillion market in the future. The company's also dipping its toes into urban air […]
Yasin Ozturk/Anadolu Agency via Getty Images Tesla has depended on the sale of regulatory credits to other automakers for a bulk of its profit in recent years. But one automaker said it expects to stop buying credits from Tesla later this year once it hits its electric vehicle sales quotas. […]
TJX Companies Inc. is recalling about 92,000 outdoor wooden folding chairs for potential risk of fall and injury hazards, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the chairs can break and can pose fall and injury hazards to the user. The company has […]
Outplacement firm Challenger, Gray & Christmas on Thursday reported that U.S. firms announced 22,913 job cuts in April, a drop of nearly 97% compared to cuts announced in March 2020. The total fell by 25% month over month, following a drop of 86% in March, and is the lowest monthly […]
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