by John Hill | May 27, 2025 | Uncategorized
Sweden’s Volvo Cars said Monday it would cut 3,000 jobs, or around 15 percent of its office-based workforce, as part of a $1.9 billion cost-cutting plan announced last month amid tough market conditions. The carmaker, owned by Chinese group Geely, said the cuts aimed...
by John Hill | May 27, 2025 | Uncategorized
Venture capital is about disrupting established business models, but lately it is VCs themselves who are facing disruption. The reason is AI, which is driving down the time and cost to build a startup, and has led some to predict a major shakeout is coming for venture...
by John Hill | May 27, 2025 | Uncategorized
HOUSTON—Move over, Palantir and Uber. The S&P 500’s top-performing, large cap stock in 2025 is the redundantly named NRG Energy. A growing power generator and retail electric business, NRG’s energized stock has surged by 75% this year, and by about 240% since...
by John Hill | May 27, 2025 | Uncategorized
In today’s CEO Daily: Peter Vanham on the importance of AI for CEOs. The big story: Apple CEO Tim Cook reportedly declines White House invitation. The markets: Very happy about Trump’s EU tariff delay. Analyst notes from Deutsche Bank on rising bond yields; Convera on...
by John Hill | May 27, 2025 | Uncategorized
Britain’s King Charles III arrived Monday in Ottawa on a visit that Canada’s leader says will underscore his nation’s sovereignty amid President Donald Trump’s talk of the United States annexing its northern neighbor. Trump’s repeated suggestion that the U.S. annex...
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