International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers. “We have been…
Category:
Business
-
-
Business
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit
by admin“60 Minutes” correspondent Scott Pelley paid tribute Sunday to Bill Owens, the show’s executive producer who resigned last week, saying on the air that “none of us is happy” about the extra supervision that corporate leaders…
-
If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected earnings on Thursday, but investors…
-
U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. That is according to the American Spirits Exports report published by trade association the Distilled…
-
OKLAHOMA CITY — Amazon and Nvidia executives said Thursday that the construction of artificial intelligence data centers is not slowing down, as recession fears have some investors questioning whether tech companies will pull back on…
-
U.S. trucking is heading for a slowdown, with industry players fearing the “worst is yet to come” as tariffs start to crimp imports. Trucking volumes have plunged to near pre-pandemic levels, according to Craig Fuller,…
-
OKLAHOMA CITY — Amazon and Nvidia executives said Thursday that the construction of artificial intelligence data centers is not slowing down, as recession fears have some investors questioning whether tech companies will pull back on…
-
Starbucks is imposing new limits on what its baristas can wear under their green aprons. Starting May 12, employees will be required to wear a solid black shirt and khaki, black or blue denim bottoms. Shirts…
-
Business
It’s Elon Musk’s turn for a ‘fork in the road’ as Tesla faces Wall Street scrutiny
by adminIt might be time for Tesla CEO Elon Musk’s own fork in the road. The electric carmaker is set to report quarterly earnings Tuesday afternoon that may say a lot about which direction Musk and…
-
Business
Musk says time commitment to DOGE will ‘drop significantly’ as focus returns to Tesla
by adminTech billionaire Elon Musk said Tuesday that he will begin dedicating more time to Tesla and less to his work with the Trump administration starting next month, providing a relief to Tesla investors fed up…