Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023.Justin Sullivan | Getty Images News | Getty ImagesGoogle is scrapping its diversity goals, becoming the latest tech giant to alter its approach to hiring and promotions following the election of President Donald Trump. In its annual report published on Wednesday, Alphabet excluded language from prior years stating that, “we are committed to making diversity, equity, and inclusion part of everything we do and to growing a workforce that is representative of the users we serve.”Fiona Cicconi,…
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When President Trump announced his proposal for the United States to take ownership of Gaza on Tuesday, he shocked even senior members of his own White House and government.While his announcement looked formal and thought-out — he read the plan from a sheet of paper — his administration had not done even the most basic planning to examine the feasibility of the idea, according to four people with knowledge of the discussions, who were not authorized to speak publicly.It wasn’t only the Americans who were scrambling; the announcement came as just as much of a surprise to Mr. Trump’s Israeli…
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024. The conference is an annual event organized by BTC Media LLC for fans of the original cryptocurrency. Photographer: Liam Kennedy/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesStrategy, the largest corporate holder of bitcoin, said it’s almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally.The company formerly known as MicroStrategy said since the end of the third quarter it has acquired 218,887 bitcoins for $20.5 billion. Strategy currently holds 471,107…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
In a Wednesday interview with CNBC’s Jim Cramer, Columbia Sportswear CEO Tim Boyle said his company needs more clarity about global tariff decisions in order to plan for what’s to come.”It’s a dampening effect,” he said. “But, more importantly, we need some surety about what is going to happen, what’s the future.”President Donald Trump has moved swiftly to deliver on his campaign promises to inflate tariffs for some of the U.S.’s biggest trading partners, raises taxes on goods from China by 10%. He also raised taxes on imports from Mexico and Canada by 25%, but agreed to temporarily pause the…
U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | ReutersThe former chair of the National Labor Relations Board in a new lawsuit Wednesday accused President Donald Trump of breaking the law when he fired her from the agency last week.Lawyers for Gwynne Wilcox argue that she was removed from her post for a “political purpose” in a manner that violates the 90-year-old statute that established the NLRB.Her lawsuit in Washington, D.C., federal court seeks an order reinstating her on the board…
Frank J. Bisignano, CEO, Fiserv at the NYSE, June 7, 2023.Source: NYSEShares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates. The stock closed at $229.53, exceeding its previous high reached in November, and is now up about 60% in the past year. Fiserv, which went public in 1986, provides digital payments technology to small businesses and financial institutions. Fiserv reported adjusted earnings of $2.51 in the quarter, exceeding the average analyst estimate of $2.48, according to LSEG. Revenue increased about 7% to…
If Patrick Mahomes and his Kansas City Chiefs win the Super Bowl this Sunday in New Orleans, the debate is over. Mahomes would become the greatest playoff quarterback of all time. Tom Brady fans might not want to admit it, but they wouldn’t have to. A mountain of evidence points to Mahomes taking the mantle from him.Before diving into the debate, let’s clear one thing up: With all due respect to the other quarterbacks with four Super Bowl rings (Joe Montana and Terry Bradshaw), this is a two-horse race. Mahomes has already won more playoff games than Montana (17-16), and…
Singapore Airlines has been ranked as one of the world’s top airlines for decades. In this episode of Managing Asia, Christine Tan sat down for an exclusive interview with CEO Goh Choon Phong to discuss his strategy for staying ahead of increasing competition and ensuring SIA remains a world-class airline.Singapore Airlines has been ranked as one of the world’s top airlines for decades.But it hasn’t all been plain sailing. At the height of the COVID-19 pandemic, passenger capacity for the airline plummeted from 3.4 million monthly travelers to just 11,000.Steering Singapore Airlines through the crisis was Goh Choon Phong, a…
Check out the companies making headlines after the bell : Qualcomm — The semiconductor stock slipped close to 5% despite reporting stronger-than-expected earnings and revenue for its fiscal first quarter. Qualcomm posted adjusted earnings of $3.41 per share on revenue of $11.67 billion, exceeding the $2.96 in earnings per share and $10.93 billion in revenue that analysts polled by LSEG had expected. The company also issued strong guidance for its current quarter. Arm Holdings — Shares shed almost 5% despite the semiconductor company posting a fiscal third-quarter adjusted earnings and revenue beat. Arm also guided for fourth-quarter and fiscal-year adjusted…
