DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Business Operations"


25 mentions found


☆ Union Pacific posts weak profit as storm delays shipments
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +2 min
Jan 24 (Reuters) - Union Pacific Corp (UNP.N) reported lower-than-expected fourth-quarter profit on Tuesday, hurt by delayed shipments amid labor shortages and a winter storm that crippled freight operations across the United States. Union Pacific, which connects 23 states in the western two-thirds of the country by rail, suffered shipment delays over the Christmas period as the winter storm Elliott hit its railroad networks. The storm brought sub-freezing temperatures and impacted business operations nationwide, also causing freeze-ins at several oil production sites. Union Pacific's operating ratio, a key profitability metric for railroads, was 61% in the quarter compared with 57.4% a year earlier. "Revenue growth was more than offset by elevated operating expenses from operational inefficiencies and a higher inflationary environment," Fritz said.
☆ I asked ChatGPT for business advice and it's not a bad starting point if you have no idea where to begin
  + stars: | 2023-01-17 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +5 min
I asked the artificial-intelligence tool ChatGPT to help me start a business. Create a business plan: Develop a detailed business plan that includes financial projections, marketing strategy, and a plan for setting up your business. Develop a marketing plan: Develop a marketing plan that outlines how you will reach your target market and promote your business. Launch your business: Launch your business, and be prepared to adapt your business plan as you learn more about the market and your customers. In conclusion, ChatGPT is not a great source for answers to your deepest business questions, but it could be a helpful starting point to gather ideas, get cost estimates, and outline your business plan.
☆ I asked ChatGPT how to start a business and it gave me 8 steps that weren't that helpful
  + stars: | 2023-01-16 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +5 min
When I asked ChatGPT how to start a business, it gave me the following eight generic steps:Starting a business can be a challenging but rewarding process. Create a business plan: Develop a detailed business plan that includes financial projections, marketing strategy, and a plan for setting up your business. Develop a marketing plan: Develop a marketing plan that outlines how you will reach your target market and promote your business. Launch your business: Launch your business, and be prepared to adapt your business plan as you learn more about the market and your customers. ChatGPTAfter asking the chatbot how to start a business, I tried more specific questions, like "How do I start a vending-machine business?"
☆ Twitter is closing or getting kicked out of many international offices as Elon Musk skips rent and dramatically shrinks operations
  + stars: | 2023-01-12 | by ( Kali Hays | ) www.businessinsider.com   time to read: +4 min
Twitter is leaving at least a dozen international offices due to closures or not paying rent. Elon Musk is closing many of its international Twitter offices as he continues to cut costs and try to find ways the company can make money. Twitter previously had more than two dozen international offices spanning nearly all regions of the world. The Singapore office, which first opened in 2015, even expanded last year, with more office space and engineers brought on to grow in the region. As for other international offices, most were smaller outposts for business operations, including engineering and ad sales.
☆ Analysis: Security, migration trump energy dispute at Biden Mexico summit
  + stars: | 2023-01-11 | by ( Dave Graham | ) www.reuters.com   time to read: +5 min
The U.S. government appears reluctant to antagonize Mexico on energy lest it interfere with cooperation on the border and security, two far bigger U.S. domestic issues, analysts said. Under pressure from Republican opponents to curb record illegal crossings, the administration of Biden, a Democrat, has focused much of its dealings with Mexico on border security. Trump threatened Mexico with trade tariffs if it did not stem migrant flows, but he did little to upbraid Lopez Obrador over energy policies that U.S. firms say are unfair. And the Biden administration did contact U.S. energy companies ahead of the Mexico City summit to ask them how Mexico's policies have impacted their business operations there, according to a document seen by Reuters. Two Mexican officials said there was little advance on the energy dispute between Mexico and Washington this week.
☆ New York state comptroller asks Southwest Air about plans to avoid future meltdowns
  + stars: | 2023-01-09 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +2 min
CHICAGO, Jan 9 (Reuters) - New York State's comptroller has written to Southwest Airlines Co (LUV.N), asking the carrier to explain how it plans to prevent an operational collapse like the one at the end of last year which stranded thousands of passengers. The comptroller's office oversees the state's pension system, which held 1.35 million shares of the Dallas-based company at the end of March 2022. DiNapoli asked the company to share its plan to "correct these failures - not just in the immediate term, but for the coming years." A Southwest spokesperson told Reuters earlier that the airline is focusing on improving its technology for scheduling crews. Reporting by Rajesh Kumar Singh in Chicago Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
☆ A top Apple subscriptions executive, VP Services Peter Stern, is leaving the company
  + stars: | 2023-01-09 | by ( Claire Atkinson | ) www.businessinsider.com   time to read: +2 min
Peter Stern, one of Apple's top subscriptions executives, is exiting the company. In six years at Apple, Stern helped build Apple TV+'s business operations and the company's sports portfolio. Apple is reorganizing its Services unit and Stern's responsibilities will be split into three separate divisions, according to two people familiar with internal conversations at Apple. During his six-year tenure at Apple, Stern helped build subscription products such as Arcade, Books, and Apple One, News+, Fitness+, iCloud+. Apple's Services unit revenue continues to grow, as do its total subscriptions.
☆ Silvergate Capital's crypto-related deposits plunge in fourth quarter
  + stars: | 2023-01-05 | by ( ) www.reuters.com   time to read: +1 min
Jan 5 (Reuters) - Silvergate Capital Corp's (SI.N) crypto-related deposits plummeted in the fourth quarter, according to a preliminary earnings report on Thursday, as souring crypto sentiment following the collapse of FTX exchange led to a surge in withdrawals. To maintain liquidity, the bank sold $5.2 billion of assets at a loss of $718 million in the fourth quarter. More than a trillion dollars in value was wiped out from the crypto sector last year with rising interest rates exacerbating worries of an economic downturn. The crash has eliminated key industry players such as crypto hedge fund Three Arrows Capital and crypto lender Celsius. Still, the biggest blow to the sector came after major crypto exchange FTX filed for bankruptcy protection in November.
☆ SEC objects to Binance.US's deal to buy Voyager Digital
  + stars: | 2023-01-04 | by ( ) www.reuters.com   time to read: +1 min
Jan 4 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US's proposed $1 billion acquisition of bankrupt cryptocurrency lender Voyager Digital, a bankruptcy court filing showed on Wednesday. The regulator pointed out the failure to include necessary information in Binance.US's disclosure statement. Attorneys for Voyager and Binance.US did not immediately respond to requests for comment. Last month, the U.S. Committee on Foreign Investment in the United States (CFIUS) said its review could delay or block the deal. Reporting by Aishwarya Nair in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
☆ Unanswered questions about Trump’s tax returns
  + stars: | 2022-12-31 | by ( David Goldman Allison Morrow Alicia Wallace | David Goldman | Allison Morrow | ) edition.cnn.com   time to read: +7 min
New York CNN —After years of legal battles, pontificating and theorizing, former President Donald Trump’s tax returns from 2015 to 2020 are now part of the public record. However, Trump’s tax returns raise numerous questions about the former president’s finances, his business activities, foreign ties and his charitable donations, among other issues. The tax returns do not show what the bank account was used for or how much money passed through it or to whom. The tax returns don’t say how much he lent them or why he gave them loans in the first place. Since 1977, the Internal Revenue Service has had a policy of auditing every president’s personal tax returns while they are in office.
☆ Virgin Islands attorney general sues JPMorgan Chase over banking services for Jeffrey Epstein
  + stars: | 2022-12-29 | by ( Andy Rose | ) edition.cnn.com   time to read: +2 min
New York CNN —The U.S. Virgin Islands government filed a lawsuit Tuesday against JPMorgan Chase, alleging that the Wall Street bank benefited financially from Jeffrey Epstein’s sex trafficking operation and failed in its duty to report suspicious financial activity. “Human trafficking was the principal business of the accounts Epstein maintained at JPMorgan,” the lawsuit states. The lawsuit claims that JPMorgan Chase failed to make proper regulatory filings that could have tipped off the government to Epstein’s alleged sex-trafficking ring of underage girls through private islands he owned in the U.S. Virgin Islands. A JPMorgan Chase spokesperson told CNN the company had no comment on the lawsuit Wednesday evening. The new lawsuit also comes less than a month after Attorney General George settled the U.S. Virgin Islands’ lawsuit against Epstein’s estate for more than $105 million dollars, along with an agreement that the estate will sell Epstein’s islands in the territory and end business operations there.
☆ Argo Blockchain to sell its mining facility Helios for $65 mln
  + stars: | 2022-12-28 | by ( ) www.reuters.com   time to read: +1 min
Dec 28 (Reuters) - Crypto miner Argo Blockchain Plc (ARB.L) said on Wednesday it will sell its mining facility Helios for $65 million and refinanced a new asset-backed loan agreement, in an attempt to avoid filing for bankruptcy. Argo will sell its Helios facility to Canada-listed investment management company Galaxy Digital Holdings (GLXY.TO). The transactions include refinancing loans with a new $35 million credit with Galaxy, which will help reduce its total indebtedness by $41 million, the company said in a press release. Digital currency miners such as Argo Blockchain use computers to solve cryptographic problems and receive a reward in the form of cryptocurrency. Reporting by Amna Karimi and Sinchita Mitra in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.
☆ Tesla suspends production at Shanghai plant - internal notice
  + stars: | 2022-12-24 | by ( Reuters Staff | ) www.reuters.com   time to read: +2 min
SHANGHAI (Reuters) - Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December. FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. The Shanghai plant has been focused on making models for export in the last week, the person added. A media representative at Tesla China did not immediately respond to request for comment. The Shanghai factory, the most important manufacturing hub for Elon Musk’s electric vehicle company, kept normal operations during the last week of December last year.
☆ Tesla suspends production at Shanghai plant
  + stars: | 2022-12-24 | by ( ) www.reuters.com   time to read: +2 min
SHANGHAI, Dec 24 (Reuters) - Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December. Reuters reported earlier this month that the electric car giant planned to suspend Model Y production at the plant from Dec. 25 to Jan. 1. Tesla is also grappling with elevated inventory levels as its second largest market braces for a downturn. The Shanghai plant has been focused on making models for export in the last week, the person added. It has not been an established practice for the plant to shut down for a year-end holiday.
☆ Tesla suspends production at its Shanghai plant, according to an internal notice
  + stars: | 2022-12-24 | by ( ) www.cnbc.com   time to read: +2 min
Tesla vehicles waiting for shipping transport in a large lot near the Waigaoqiao Container Port in Shanghai, China, on Friday, June 3, 2022. Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December. Reuters reported earlier this month that the electric car giant planned to suspend Model Y production at the plant from Dec. 25 to Jan. 1. The Shanghai plant has been focused on making models for export in the last week, the person added. A media representative at Tesla China did not immediately respond to a request for comment.
☆ Intel’s New Compliance Chief Navigates Geopolitics, Supply-Chain Shift
  + stars: | 2022-12-23 | by ( Dylan Tokar | ) www.wsj.com   time to read: +6 min
Carol Tate is the chief compliance officer at Intel. “It’s an exciting time to lead a global team with a company that’s at the center of those things.”Ms. Tate spoke with Risk & Compliance Journal about the supply-chain shift, layoffs and other topics. WSJ: What role does compliance play when it comes to these massive geopolitical pressures around the chip industry? Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. We refer to it as CRIS [compliance risk intelligence system].
☆ Publix grocery heiress was willing to give up to $3 million to the pro-Trump Jan. 6 rally, transcript reveals
  + stars: | 2022-12-22 | by ( Mary Meisenzahl | ) www.businessinsider.com   time to read: +3 min
Publix supermarket heiress Julie Fancelli was willing to contribute up to $3 million for the Jan. 6 pro-Trump rally, a transcript shows. The transcript released by the House select committee shows Fancelli gave money to Charlie Kirk, Alex Jones, and Roger Stone, the Washington Post reported. Documents indicate that Fancelli also paid for Trump advisor Roger Stone to fly into Washington DC for the rally, the Post reported. Trump used the rally to promote baseless claims of election fraud before a group of supporters stormed the Capitol with plans to stop President Joe Biden's election certification. When the House panel asked Fancelli if she intended for the rally to become violent, she said "no."
☆ Core Scientific files for bankruptcy as crypto winter bites
  + stars: | 2022-12-21 | by ( ) www.reuters.com   time to read: +3 min
Core Scientific said in a statement the bankruptcy filing was necessitated by a decline in the company's operating performance and liquidity amid the prolonged decrease in the price of bitcoin. Core Scientific said its creditors have also agreed to provide up to $56 million in debtor-in-possession financing. One of the largest creditors of Core Scientific, B. Riley Financial Inc (RILY.O), had offered $72 million last week to avoid the bitcoin miner's bankruptcy. In its bankruptcy petition, Core Scientific said it has $1 billion to $10 billion in assets and liabilities, and creditors between 1,000 and 5,000. Core Scientific went public in 2021 through a merger with a blank-check company in a deal that at the time valued the miner at $4.3 billion.
☆ Taiwan investigates TikTok for suspected illegal operations
  + stars: | 2022-12-19 | by ( ) www.reuters.com   time to read: +2 min
In a statement late on Sunday, Taiwan's China-policy making Mainland Affairs Council said that on Dec. 9 a working group under the Cabinet had discovered that TikTok was suspected of "illegal commercial operations" in Taiwan. Taiwan prohibits a wide range of Chinese business operations on the island from social media platforms to its highly valued chip manufacturing industry. Facebook and Instagram, both owned by Meta Platforms (META.O), are the most widely used social media platforms in Taiwan. TikTok trailed its peers in Taiwan but is becoming increasingly popular among the youth, according to market research companies. Taiwan has long complained that China uses social media to spread disinformation on the island that Beijing claims as its own territory.
☆ Taiwan probes TikTok for suspected illegal operations
  + stars: | 2022-12-19 | by ( ) www.reuters.com   time to read: +2 min
In a statement late on Sunday, Taiwan's China-policy making Mainland Affairs Council said that on Dec. 9 a working group under the Cabinet had discovered that TikTok was suspected of "illegal commercial operations" in Taiwan. Taiwan prohibits a wide range of Chinese business operations on the island from social media platforms to its highly valued chip manufacturing industry. Facebook and Instagram, both owned by Meta Platforms (META.O), are the most widely used social media platforms in Taiwan. TikTok trailed its peers in Taiwan but is becoming increasingly popular among the youth, according to market researcher companies. Taiwan has long complained that China uses social media to spread disinformation on the island that Beijing claims as its own territory.
☆ Hong Kong retail shareholders revive HSBC spin-off call
  + stars: | 2022-12-15 | by ( Selena Li Lawrence White | Selena Li | Lawrence White | ) www.reuters.com   time to read: +4 min
HSBC "underperforms its peers, violates dividend commitments (and) ignores shareholders' interests," Ken Lui, convener of the group , said in a Thursday newspaper advertisement. London-headquartered HSBC, which is opposed to breaking up its business, dismissed the possibility of the proposal gaining traction among large shareholders. Hong Kong is HSBC's biggest market and home to many retail shareholders. DIVIDEND SUSPENSIONHong Kong retail shareholders were particularly upset when HSBC scrapped its formerly stable dividend in 2020 during the COVID-19 pandemic, when the Bank of England asked lenders to conserve capital. It has resumed paying a dividend but not quarterly, and retail investors are dissatisfied with payouts that, overall, are smaller than before.
☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
  + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com   time to read: +33 min
Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.
☆ Cummins CEO on supply chain: Dual-sourcing plays a key role
  + stars: | 2022-12-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCummins CEO on supply chain: Dual-sourcing plays a key roleJennifer Rumsey, Cummins president and CEO, joins 'Squawk on the Street' to discuss how the company's business operations in China are doing, how Rumsey can make Cummins' supply chain more resilient, and more.
☆ Chinese businesses guard against wave of infections feared after COVID easing
  + stars: | 2022-12-08 | by ( Siyi Liu Josh Horwitz | Siyi Liu | Josh Horwitz | ) www.reuters.com   time to read: +3 min
In sparse comments on workplace conditions, however, national health officials have urged that high-risk areas should be much more narrowly defined, while production or business operations continue elsewhere. As he stockpiles medicines against such an eventuality, he has told staff to follow new guidelines to stay home if they got infected, in which case he plans to pay them half their wages. To avoid disruption from any infections, Yang initially considered shutting the factory early ahead of the Lunar New Year, but ultimately set aside that option. In Beijing, some state firms and banks are grouping staff into teams to ensure work continues despite any outbreak, sources told Reuters. "I am confident it will be a mess for about 3 months," saidthe firm's executive vice president, Renaud Anjoran.
☆ Juul Labs settles litigation in the United States
  + stars: | 2022-12-06 | by ( Rob Mclean | ) edition.cnn.com   time to read: +3 min
New York CNN Business —E-cigarette maker Juul Labs said Tuesday that it has settled litigation it faced in the United States, resolving a substantial amount of legal issues for the company. “The global resolution covers more than 5,000 cases brought by approximately 10,000 plaintiffs against Juul Labs and its officers and directors,” the company said in a news release. The investigation found that Juul deliberately marketed its products to young people, even though e-cigarette sales to children are illegal. In the past, Juul Labs has sold some of the most popular vaping products in the United States, especially its flavored products. A court temporarily blocked the FDA ban, so the products are still for sale in the United States.
<< prev 13 next >>
Total: 25