AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
UBS analyst Matthew Mish told CNBC that the artificial intelligence transformation is happening faster than he and his colleagues had previously anticipated....
Author : Douglas L. Grider
How packaging and logistics companies are automating their warehouses
Companies like UPS, FedEx and DHL are increasingly turning to automation in their warehouse processes to work toward greater efficiency and lower costs....
Spirit Airlines sells more planes, calls back 500 flight attendants from furlough ahead of spring break
Spirit Airlines said it sold another 20 planes and is calling back 500 flight attendants from furlough....
Restaurant Brands earnings top estimates as international Burger King restaurants fuel sales growth
Outside of the U.S. and Canada, Restaurant Brands’ same-store sales climbed 6.1%....
McDonald’s earnings beat estimates as chain’s value push pays off
Buzzy promotions have helped McDonald’s win over high-income consumers....
Moderna says FDA refuses to review its application for experimental flu shot
Moderna said the move is inconsistent with previous feedback from the FDA on the experimental influenza shot, called mRNA-1010....
Coca-Cola shares fall 3% after company forecasts modest growth amid demand concerns
Like rival PepsiCo, Coke has seen demand for its drinks fall as budget-conscious shoppers try to save more on their grocery bills....
Target steps up investment in store staffing, cuts about 500 other roles to help fix customer experience
The big-box retailer is trying to win back shoppers who have complained about sloppier stores, out-of-stock items and longer checkout lines....
Pressure mounts on American Airlines CEO as carrier lags rivals
American Airlines made $111 million last year, while rivals Delta Air Lines and United Airlines, brought in $5 billion and $3.3 billion, respectively....