Starbucks' founder posted a letter he wrote to the company's leadership team about its future. Howard Schultz said Starbucks is at an "inflection point" and has an opportunity for a "reset."The founder encouraged the company's leadership to address Starbucks' systemic issues. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the ...

The demand for Nvidia's AI chips could bolster job growth across the semiconductor industry.That's because tech companies need more than just Nvidia's high-end chips to build their AI technologies. While Nvidia and TSMC remain the leaders in the AI chips sector, many companies are also making investments. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a persona ...

Some Nvidia shareholders are cashing in on the company's sustained stock surge.Nvidia directors sold 99,000 shares worth about $80 million last week.Nvidia's insider stock sale last week was the most in a month since September NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, ...

A speculative bubble in tech stocks may be starting to form, Jeremy Siegel said. The "Wizard of Wharton" said Nvidia could rise further, but the tech rally would eventually stall. Siegel said he isn't worried about the US economy overheating, and inflation seems under control. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewHello! There's donating to charity, and then there is gifting $1 billion to a Bronx medical school to cover students' tuition in perpetuity.  In today's big story, we're looking at the reshuffling ...

An FAA investigation into Boeing's safety procedures found 27 areas that were insufficient.The report was commissioned after fatal crashes of Boeing Max jets in 2018 and 2019.Boeing has six months to address the FAA's 53 recommendations to improve safety culture. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ...

Advertisement The Walton family's cash accounts are a whopping $1.5 billion bigger after they sold nearly 9 million shares of Walmart stock last week, according to SEC filings.In a series of three transactions, the heirs to Walmart founder Sam Walton cashed in as the company's stock price rallied toward record highs.The latest sales bring the Walton family's total proceeds to nearly $2.3 billion from Walmart shares in the span of three months, the disclosures show.Walmart's share price boom since 2016 has ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple has considered a couple of new ideas for future wearables alongside ways to further advance its existing AirPods, according to a new report.The company has discussed making a smart ring, tho ...

JPMorgan CEO Jamie Dimon sold off $150 million of shares on Thursday.It's the first time in Dimon's 18 years leading the company that he's sold any shares. Dimon indicated in a filing he believes the company's outlook remains "very strong." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicki ...

The widespread AT&T cellular outage was caused by a software update, the network said.The company said it was not caused by a cyber attack, despite federal agencies looking into the downtime.The issue left some without service for close to 12 hours on Thursday and many angry customers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you ...