Landon Loomis, vice president for Latin America & Caribbean at Boeing, speaks during a panel at the Bloomberg New Economy Gateway event in Panama City, Panama, on Wednesday, May 18, 2022. Tarina Rodriguez | Bloomberg | Getty Images Boeing named Landon Loomis, a Mandarin speaker and former White House adviser, as the new president of…
The world of enterprise AI is dominated by U.S. names from Microsoft to Salesforce, but Europe has a major player that is pushing hard into the space: SAP. In an exclusive interview with CNBC’s “Europe Early Edition,” SAP CEO Christian Klein said that AI is “the number one reason” why customers are signing deals with…
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Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center in Yorktown Heights, New York on June 6, 2025. Angela Weiss | Afp | Getty Images The Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the…
As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger. The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working….
Mikael Sjoberg | Bloomberg | Getty Images Sweden’s Volvo Cars on Thursday posted stronger-than-expected third-quarter profit, prompting shares to rally by around 40% and putting the stock on track for its best-ever trading day. Volvo Cars, which is owned by China’s Geely Holding, posted operating income for the July-September period of 6.4 billion Swedish kronor…
The U.S. weighed curbs on software-related exports to China, responding to Beijing’s rare earth export controls, ahead of a critical round of negotiations. <
The San Francisco Giants are making an unprecedented move with their manager hire. University of Tennessee baseball manager Tony Vitello has agreed to a deal to become the Giants’ next manager, the team announced Wednesday. With the move, Vitello became the first coach to be hired as an MLB manager directly from the college game…
A woman wearing a Gucci belt and bag is seen during Paris Fashion Week in September 2018 Christian Vierig | Getty Images Shares of Gucci owner Kering jumped over 9% on Thursday after the company’s sales decline narrowed and quarterly earnings beat estimates. The French luxury giant – whose brands include Gucci, Saint Laurent and…
Starbucks Workers United is kicking off a strike authorization vote Friday, as the union representing baristas makes a bid to secure a contract with the coffee giant. The union also said it is planning a wave of rallies and pickets across the country with its baristas and allies. Voting on authorizing a strike at unionized…
