John Elkann, scion of the Agnelli family that controls Fiat Chrysler Automobiles NV, sealed two deals that would have helped him diversify his family’s holding company. Now, one has come undone, and the pressure is on him to save the other. Last week, his …
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Google dropped out of the Pentagon’s JEDI cloud contract battle fairly early in the game, citing it was in conflict with its “AI principals.” However, today the company announced a new 7 figure contract with DoD’s Defense Innovation Unit (DIU), a big win for the …
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(Reuters) – Royal Caribbean Cruises Ltd (RCL.N) forecast a loss in the second quarter on Wednesday as the cruise operator struggles with mounting debt amid trip cancellations due to travel curbs imposed to check the spread of the coronavirus.
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After teasing the launch of their new startup last year, e-commerce veteran Julie Bornstein and her technical co-founder, Amit Aggarwal, are today launching The Yes, a women’s shopping platform that they’ve been quietly building for 18 months and they say …
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Citing “unprecedented demand” due to the COVID-10 outbreak, Walmart posted double-digit gains in U.S. net and comparable sales for its fiscal 2021 first quarter, with e-commerce sales skyrocketing from a surge in use of online pickup and delivery services.
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