George and Jane Jetson have already expressed an interest in buying one.
Chinese firm tests electric flying taxi in Dubai
https://abcnews.go.com/International...dubai-91293457
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George and Jane Jetson have already expressed an interest in buying one.
Chinese firm tests electric flying taxi in Dubai
https://abcnews.go.com/International...dubai-91293457
Albertsons Companies Inc. owns 21 supermarket chains including Albertsons, Vons, Safeway, Shaw's, Tom Thumb, Jewel-Osco and Acme Markets. The Kroger Company owns Kroger, Ralphs, Dillons, Smith's, Mariano's, QFC, Fred Meyer, King Sooper, Harris Teeter and Food 4 Less.
Two of the largest supermarket chains in America are merging
CNN, Oct 14 2022 12:41 PM EDT
Kroger announced today that it plans to buy Albertsons in a nearly $25 billion deal that could change the US retail industry and impact how millions of customers buy their groceries. The deal, which is expected to close in 2024, would combine two of the largest supermarket chains in the country and create one of its largest private employers. The two companies have a combined 710,000 workers, nearly 5,000 stores and more than $200 billion in sales.
https://www.cnn.com/2022/10/14/busin...ger/index.html
"Wow, this company really believes in diversity! Two-thirds of the employees pictured on their website are minorities." Yeah, and those two-thirds could very well be fake.
That company's 'About Us' page may be full of fake pictures of 'people' who don't actually exist
Insider, Oct 16 2022
Some companies are using fake images of "staff" who don't exist on their "About Us" pages in an attempt to make their company look bigger. An investigation by Evan Ratliff for Insider found companies were using Generative Adversarial Network software to create AI-generated pictures on their websites to give the impression that these "people" are staff members. One company owner said he added fake employees to make his company appear bigger than it really was. Ratliff said there are now companies developing software aimed at detecting fake images on company websites and elsewhere on the internet.
https://www.businessinsider.com/ai-g...bsites-2022-10
Pietro Barilla founded a bakery in 1877 in Parma, Italy. It grew into a worldwide company that makes pasta, breads and sauces. Shoppers are willing to pay more for Barilla pasta because they believe it's made in Italy. It isn't.
Italy's 'No. 1 brand of pasta,' faces a class-action lawsuit over its products that are made in Iowa and New York
https://www.msn.com/en-us/money/comp...rk/ar-AA138Yev
Worldwide, McDonald's sales climbed 9.5% in the third quarter, easiily beating estimates of 5.8% – and the adult Happy Meals, which were introduced earlier this month and sell for $12, have led to a huge increase in customers. Shares of McDonald's closed today at 274.52, a gain of 9.41 (3.55%).
McDonald’s stock hits all time high
https://www.cnn.com/2022/10/28/busin...ock/index.html
Penguin Books was founded in 1935 in London. Random House was founded in 1927 in New York City. The two publishers merged in 2013 to become the world's largest publishing company. Unless Penguin Random House's appeal of a judge's decision is successful, the company will not immediately be getting any larger.
Judge blocks Penguin Random House-Simon & Schuster merger
https://www.npr.org/2022/11/01/11330...chuster-merger
Forbes estimates Elon Musk's net worth at $200 billion. It fell by $9 billion after he purchased Twitter. The wealthiest person in the United States is in the process of ensuring that 3,700 employees will be out of a job.
Elon Musk begins mass layoffs at Twitter
Half of the company's employees could see their jobs eliminated.
https://www.huffpost.com/entry/twitt...b024c30191db9e
Zuckerberg announced that 13% of Meta's workforce will be cut. Jeffrey tech analyst Brent Thill said the layoffs "should provide a minimum 8% boost to FY23 earnings per share." Shares of Meta closed today at 101.47, a gain of 5.00 (5.18%).
Meta announces more than 11,000 layoffs
"I know this is tough for everyone and I’m especially sorry to those impacted,” said CEO Mark Zuckerberg.
https://www.huffpost.com/entry/meta-...b01727bbd3748f
Shares of Amazon closed today at 96.63, a gain of 10.49 (12.18%).
Amazon becomes world’s first public company to lose $1 trillion in market value
Amazon market cap shrinks to $879 billion from $1.88 trillion.
https://www.bloomberg.com/news/artic...-in-value-lost
I thought Elon Musk said he was a "shrewd businessman" and a "great deal-maker." No, wait. I'm thinking of somebody else.
Things sure don't seem to be going well at Twitter
"Bankruptcy isn't out of the question," Elon Musk told employees today.
https://www.huffpost.com/entry/twitt...b0343861412df7
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