NYC transit agency ends Twitter alerts, says it’s unreliable Posted May 25, 2023 New York City’s Metropolitan Transit Agency, which for 14 years has provided real-time information on service outages, delays and other important transit updates …
Theater owners group optimistic about future of moviegoing Posted May 22, 2023 For the movie theater industry, the math behind recovery is simple: More movies in theaters equals more money for theaters and Hollywood. John Fithian, the outgoing CEO of the …
Corporate volunteerism: ‘Not charity. It’s good business.’ Posted May 13, 2023 The one-day volunteering event — where employees give back to their communities by packing boxes of food or cleaning up a park or fundraising — is so ingrained in…
Apple Inc. bets big on India as it opens first flagship store Posted May 12, 2023 Apple Inc. opened its first flagship store in India in a much-anticipated launch that highlights the company's growing aspirations to expand in the country that i…
U.S. noodle restaurant fills staffing gap with robot waiter Posted May 8, 2023 Robot waiters called BellaBots are being used to serve customers at Noodle Topia in Michigan. The robot is able to greet guests, lead them to their tables, deliver food and dri…
Warren Buffett’s firm ups stakes in Japanese trading houses Posted May 5, 2023 Billionaire Warren Buffett's company has increased its investments in five major Japanese trading houses to give Berkshire Hathaway control of 7.4% of each of those conglo…
Student aid startup founder arrested on fraud charges Posted April 28, 2023 The founder of Frank, a student loan assistance startup company that J.P. Morgan Chase acquired for $175 million two years ago, has been arrested on charges that she duped the fin…
Lawmakers tell ex-CEOs ‘you must answer’ for bank failures Posted April 25, 2023 Leaders of the Senate's banking committee warned former chief executive officers at the failed Silicon Valley Bank and Signature Bank that they expect them to testify before the p…
New Starbucks CEO plans to work in stores monthly Posted April 23, 2023 Starbucks’ new CEO Laxman Narasimhan says he plans to work a half-day shift once a month in one of the company’s stores in an effort to stay close to its culture and customers. …
Saudi minister sees bright future in industrial sector Posted April 20, 2023 Saudi Arabia hopes that technology will push its local economy forward as the kingdom tries to reach the goals of Crown Prince Mohammed bin Salma…