Student aid startup founder arrested on fraud charges Posted April 28, 2023 The founder of Frank, a student loan assistance startup company that J.P. Morgan Chase acquired for $175 million two years ago, has been arrested on charges that she duped the fin…
Lawmakers tell ex-CEOs ‘you must answer’ for bank failures Posted April 25, 2023 Leaders of the Senate's banking committee warned former chief executive officers at the failed Silicon Valley Bank and Signature Bank that they expect them to testify before the p…
New Starbucks CEO plans to work in stores monthly Posted April 23, 2023 Starbucks’ new CEO Laxman Narasimhan says he plans to work a half-day shift once a month in one of the company’s stores in an effort to stay close to its culture and customers. …
Saudi minister sees bright future in industrial sector Posted April 20, 2023 Saudi Arabia hopes that technology will push its local economy forward as the kingdom tries to reach the goals of Crown Prince Mohammed bin Salma…
Google’s artificially intelligent ‘Bard’ set for next stage Posted April 16, 2023 Google announced it’s allowing more people to interact with “Bard,” the artificially intelligent chatbot the company is building to counter Microsoft’s early lead in a piv…
Southwest is adding deicing trucks after December breakdown Posted April 10, 2023 The CEO of Southwest Airlines pushed back against the view that his airline’s December breakdown was caused by a failure to invest enough money in crew-scheduling…
Coming soon: Reese’s Cups, chocolate bars made from plants Posted April 3, 2023 Reese’s Peanut Butter Cups are getting the vegan treatment. The Hershey Co. said that Reese’s Plant Based Peanut Butter Cups, which went on sale in March, was its first vegan c…
EU official defends talks on Big Tech helping fund networks Posted March 27, 2023 Europe's existing telecom networks aren't up to the job of handling surging amounts of internet data traffic, a top European Union official said as he defended a …
Walmart to close 3 tech hubs, asks staff to return to office Posted March 19, 2023 Walmart is closing three tech hubs and asking hundreds of employees to relocate to keep their jobs. The closures will affect staff working at locations in Austin, Texas; Carlsb…
Bird flu costs pile up as outbreak enters second year Posted March 16, 2023 The ongoing bird flu outbreak has cost the government roughly $661 million and added to consumers' pain at the grocery store after more than 58 million birds were slaughte…