Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business. The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at 2.800 trillion…
The National Association of Realtors is grappling with more turmoil in its top leadership ranks just over two months after the trade group’s CEO stepped down well before his planned retirement. The Chicago-based organization said Monday that NAR president Tracy Kasper has resigned, effective immediately, and is being succeeded by the trade group’s president-elect, Kevin…
The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.
The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.
Woods became synonymous with Nike as they joined forces on his rise to the top in the late 1990s.
The iconic Palm steakhouse in East Hampton — frequented by celebs like Jon Bon Jovi, Jerry Seinfeld and Gwyneth Paltrow — said it will lay off most of its staff in a surprise New Year’s Day announcement that left stunned workers in tears, Side Dish has learned More than three dozen employees got the bad…
LAS VEGAS — Volkswagen’s voice assistant integrating ChatGPT into its cars will be able to converse with users in a back-and-forth dialogue by the middle of the year, the carmaker said on Monday as it presented the technology in Las Vegas. Volkswagen presented its first vehicles featuring ChatGPT, to be available for customers in North America…
Updated Jan. 8, 2024 6:21 pm ET It’s been more than two days since Alaska Airlines Flight 1282 made an emergency landing after a section of the aircraft ripped off midair, leaving a hole in the plane at 16,000 feet up. At this point, the probe by the National Transportation Safety Board into the accident…
When ESPN placed a big bet on a new star, Pat McAfee, to bring in young audiences with an edgy brand of sports-talk programming, the network knew the appointment carried risks. In recent days, they have been apparent. McAfee, an F-bomb-throwing former NFL punter whose show made its debut on ESPN in September, has been…
Updated Jan. 8, 2024 6:05 pm ET Robin Hayes will step down as CEO of JetBlue Airways after about nine years at the helm, citing a doctor’s advice, as the company waits to find out whether a federal judge will block the merger with Spirit Airlines that he championed. Joanna Geraghty, 51 years old, a longtime…
