Macy’s has postponed its third-quarter earnings report, citing a forensic investigation into a former employee’s concealment of more than $130 million in expenses over three years. The company revealed Monday that the individual, who managed accounting for small-package delivery expenses, had intentionally hidden between $132 million and $154 million. Macy’s confirmed the employee is no […]
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Plus, Microsoft and Palantir will sell AI software to U.S. defense and intelligence departments In mid-June, chipmaking darling Nvidia was at its peak, trading at record-highs and briefly surpassing Apple and Microsoft to become the world’s most valuable public company. Since then, Nvidia’s market value has tumbled $900 billion. Earlier this year, Nvidia became the first […]
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The sportswear industry has long been dominated by giants like Nike and Adidas, whose logos are as iconic as their products. Together, they once claimed over 60% of the market share among the top 15 sportswear brands. But times are changing. By 2023, their combined share had dropped to 51%. Rising stars like On, Hoka, […]
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Automating food preparation is no longer a distant dream but a growing reality. While we’ve seen visions of futuristic kitchens in shows like The Jetsons, the use of robots and AI in food production is now part of daily life. From flipping burgers to crafting pizzas, making sushi, and even mixing cocktails, automated kitchens are […]
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