Category: Business

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Alphabet Steams Past Lingering Ad Worries, Fueled by Google’s Search Engine

Despite concerns of a shaky ad market and growing competition in A.I., Google said it was aided by accelerating revenue from its search engine and the video platform YouTube in the second...

Snap’s Sales Fall for the Second Time in a Row

The parent of Snapchat has grappled with an ad slump and the challenges of being a smaller social media company in an intensely competitive environment.  » mehr lesen

G.M.’s Electric Vehicle Rollout Delayed by Slow Battery Production

The company is earning big profits on gasoline cars and trucks but is struggling to catch up to Tesla in the fastest-growing segment of the auto market.  » mehr lesen

UPS and Teamsters Reach Tentative Deal to Head Off Strike

United Parcel Service faced a potential walkout by more than 325,000 union members after their five-year contract expires next week.  » mehr lesen

TikTok Introduces Text-Only Posts

The social media app known for its short-form videos will now allow users to create posts that contain only words, competing with Threads and Twitter.  » mehr lesen

Pan Gongsheng Named Head of Chinese Central Bank

Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.  » mehr lesen

Global Economy Shows Signs of Resilience Despite Lingering Threats

The International Monetary Fund upgraded its global growth forecast for 2023.  » mehr lesen

Microsoft and Alphabet Face an Investor Test on AI

Microsoft and Alphabet will report results on Tuesday, as investors look for signs that a rally in stocks tied to artificial intelligence is justified.  » mehr lesen

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