Latest Corporate management News

Zuckerberg meets LG, Samsung chiefs in Seoul as Meta ramps up AI ambitions

Feb. 28, 2024 09:10 AM EST

SEOUL, South Korea (AP) — Meta CEO Mark Zuckerberg discussed cooperation on extended reality devices with LG Electronics executives on Wednesday as part of his visit to South Korea that highlights Meta's ambitions in artificial intelligence. South Korea is the second leg of...

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Feb. 27, 2024 18:58 PM EST

Beyond Meat shares soared Tuesday as investors cheered better-than-expected fourth quarter revenue and a new, healthier burger that could help revive U.S. sales. The plant-based meat maker's stock jumped more than 78% in after-market trading. The El Segundo,...

SP Plus: Q4 Earnings Snapshot

Feb. 27, 2024 18:04 PM EST

CHICAGO (AP) — CHICAGO (AP) — SP Plus Corp. (SP) on Tuesday reported net income of $1.2 million in its fourth quarter. The Chicago-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 60 cents per share. ...

Burger chain Wendy's looking to test surge pricing at restaurants as early as next year

Feb. 27, 2024 11:07 AM EST

Wendy's is looking to test having the prices of its menu items fluctuate throughout the day based on demand, implementing a strategy that has already taken hold with ride-sharing companies and ticket sellers. During a conference call earlier this month, Wendy's CEO Kirk Tanner said...

Privia Health: Q4 Earnings Snapshot

Feb. 27, 2024 06:37 AM EST

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Privia Health Group Inc. (PRVA) on Tuesday reported fourth-quarter profit of $2.8 million. The Arlington, Virginia-based company said it had net income of 2 cents per share. The results did not meet Wall Street...

Marin Software: Q4 Earnings Snapshot

Feb. 22, 2024 17:09 PM EST

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Marin Software Inc. (MRIN) on Thursday reported a loss of $5.3 million in its fourth quarter. The San Francisco-based company said it had a loss of 29 cents per share. Losses, adjusted for one-time gains and costs, came to 8 cents per...

The number of short-term rentals in Puerto Rico has surged. A new report says that's a problem

Feb. 22, 2024 08:09 AM EST

SAN JUAN, Puerto Rico (AP) — Activists want stricter regulations of short-term rentals in Puerto Rico as the U.S. territory sees a growing number of displaced renters and a spike in housing costs, the Hispanic Federation said in a report Wednesday. The number of units operating as...

How is an ex-FBI informant charged with lying about Bidens allegedly linked to Russian intelligence?

Feb. 21, 2024 20:09 PM EST

WASHINGTON (AP) — The explosive allegations at the center of an impeachment inquiry into President Joe Biden were false, federal prosecutors said, and came from an ex-FBI informant who said he was in touch with Russian intelligence. The informant, Alexander Smirnov, is “actively...

Capital One's bid for Discover carries expectation that Americans won't slow credit card use

Feb. 20, 2024 12:21 PM EST

NEW YORK (AP) — Capital One Financial is betting that Americans will keep shopping and use a credit card to pay for their purchases at stores and on the internet. Capital One announced Monday that it would buy Discover Financial Services for $35 billion. The combination could...

In delivering Trump verdict, judge backs away from prior decision that would have dissolved former president's companies

Feb. 16, 2024 15:17 PM EST
NEW YORK (AP) — In delivering Trump verdict, judge backs away from prior decision that would have dissolved former president's companies.