The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the Easter holiday. The makers of Easter egg dye…
Business
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Business
Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
by adminNvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think “about how best to answer” questions…
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Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount…
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McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with eggs while announcing a special one-day discount on Egg McMuffins. The…
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Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units. Lucid said Marc…
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Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off
by adminElon Musk’s status as the world’s wealthiest person is in no danger of changing. But since mid-December, the tech titan’s net worth has declined by more than $100 billion, or…
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Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company…
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Business
How digitally native companies like Rothy’s are growing profitably in a new era for retail
by adminDirect-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took…
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Denny’s says some locations will start charging extra for eggs amid nationwide shortage
by adminDenny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that has sent U.S. prices skyward. In a statement,…
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Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations
by adminFabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open. In a statement, the company said it…