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Nordstrom rack takes on renewed urgency as luxury retailer departs canada
Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shu...
March 2, 2023, 10:48 pm
Ford launches new in-house driverless-car division
Ford Motor Co. said Thursday it has launched an artificial-intelligence unit focusing on driverless cars, hiring people who used to work at the ...
March 2, 2023, 2:29 pm
shutterstock: a prettier image
shutterstock, Inc. has seen continued growth since the pandemic, and has regained structural profitabil...
February 22, 2023, 4:04 pm
Ford's deep problems get worse
Ford shuttered the assembly line for its F-150 Lightning, a vehicle executive chairman Bill Ford says i...
February 18, 2023, 11:30 am
shutterstock, inc. (sstk) q4 2022 earnings call transcript
shutterstock, Inc. (NYSE:SSTK ) Q4 2022 Earnings Conference Call February 9, 2023 8:30 AM ET Company Pa...
February 9, 2023, 2:58 pm
shutterstock (sstk) surpasses q4 earnings and revenue estimates
shutterstock (SSTK) delivered earnings and revenue surprises of 7.14% and 6.28%, respectively, for the ...
February 9, 2023, 9:48 am
Affirm hits speed bumps, slashes staff as consumer demand for bnpl decelerates
For Affirm, growth is still in the mix, and demand is still there for buy now, pay later. But the growth rates are decelerating, leading the company...
February 9, 2023, 4:01 am
Affirm's stock plunges as it misses earnings, cuts 500 jobs and shutters crypto unit
Citing economic turbulence, buy now, pay later giant Affirm announced today that it is reducing its staff by 19%, or about 500 employees, and shutting...
February 8, 2023, 5:13 pm
‘amazon market' filing in seattle hints at new store format, as tech giant revamps retail strategy
A new filing for a long-shuttered former New Seasons grocery store in Seattle names “Amazon Market”...
February 6, 2023, 1:48 pm
shutterstock raises quarterly dividend by 13% to 27 cents a share
shutterstock Inc. SSTK, +3.88% said Tuesday its board has agreed to raise its quarterly dividend by 13%...
January 31, 2023, 7:09 am
New ruipeng trots out 'pet project' ipo
New Ruipeng has filed for a New York IPO that could value the company at up to $4 billion, as major Chinese listings in New York resume after a pause ...
January 30, 2023, 2:57 pm
Stripe eyes an exit, dell bets on the cloud, and shutterstock embraces generative ai
Hey, party people, it's Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about y'all, but it's b...
January 28, 2023, 4:15 pm
H&m profits fall short on shuttered business in russia, fda says it will not regulate cbd market
Notable business headlines include H&M profits falling short on consumer spending and its shuttered bus...
January 27, 2023, 12:15 pm
Microsoft refocuses its metaverse strategy on businesses
(Kitco News) - Microsoft shutters AltspaceVR as it pivots its metaverse strategy to focus more on busin...
January 26, 2023, 12:49 pm
Natwest joins swathe of further bank branch closures in 2023
NatWest Group PLC (LSE:NWG) is closing another 23 branches around England and Wales, extending the swathe of closures across the banking sector in rec...
January 26, 2023, 6:33 am
After inking its openai deal, shutterstock rolls out a generative ai toolkit to create images based on text prompts
When shutterstock and OpenAI announced a partnership to help develop OpenAI's Dall-E 2 artificial intel...
January 25, 2023, 7:55 am
Alphabet-owned ai firm deepmind shutters office in canada's edmonton
DeepMind Technologies, owned by Alphabet Inc , is closing its office in the Canadian city of Edmonton, a spokesperson for the AI firm said, just days ...
January 24, 2023, 2:42 pm
Microsoft shutters altspacevr amid company-wide layoffs
AltspaceVR, a social VR platform Microsoft acquired in 2017, is sunsetting as the company institutes cost-cutting measures....
January 20, 2023, 6:14 pm
Has ufx quietly shut down?
UFX, a retail broker offering forex and contracts for differences (CFDs) trading services, looks as though it has ...
January 20, 2023, 1:08 pm
Argos to shutter irish operations as sainsbury's says business not viable
Argos owner Sainsbury's has announced that it is to cease trading at all of its 34 Argos stores in Ireland by June 25, concluding that the investment ...
January 19, 2023, 12:16 pm