Toy companies are keeping an eye on China shipping delays as key holiday season nears

Finance

Booking.com

Shipping delays in China are forcing toymakers to face tough decisions ahead of the industry’s most important sales season.

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Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025

Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
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April 18, 2024

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Baidu releases new AI tools to promote application development

One year after Chinese tech firm Baidu released its ChatGPT-like Ernie bot, the company announced tools to encourage locals to develop AI applications.
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Goldman Sachs names 4 global defense stocks to watch as geopolitical risks rise

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Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring

Earlier this week, Tesla CEO Elon Musk sent a memo company-wide saying that the automaker would be reducing more than 10% of its global workforce.
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