shift
The US Surgeon General’s advisory calls for a warning label on alcohol products.The CEO of Free Spirits told BI he thinks the statement will further push a change in drinking culture.Non-alcoholic brands like Free Spirits are expanding as mindful drinking gains popularity.Milan Martin, the CEO of non-alcohol spirit brand Free…
Investing.com — Jefferies analysts in a note dated Friday have revised their stance on two major German automakers, upgrading BMW (ETR:) to a “buy” rating while lowering Mercedes-Benz (OTC:) Group to “hold.” The shift reflects differing assessments of risk profiles and strategic positioning as both companies navigate challenges in the…
Investing.com — Investors should remain invested in US equities but shift their allocations away from highly concentrated stocks and cap-weighted indices like the , according to David Kostin, Chief US Equity Strategist at Goldman Sachs. Instead, Kostin recommends diversifying toward equal-weighted indices, which he argues offer better long-term risk-adjusted returns…
Ariana Grande opened up about her career plan for the next 10 years.While she said she’s “always going to do pop stuff,” she plans to focus more on her acting career.Navigating a career shift can be intimidating, but asking the right questions can help. Ariana Grande returned to her acting…
After playing to the coasts, Hollywood is leaning toward faith and family-based shows and films.Amazon and Netflix recently announced deals for faith-based content.The conservative shift comes as streamers try to make every dollar count but face cultural hurdles. This holiday season, Amazon MGM Studios is set to release “House of…
OpenAI has gotten some heat for not being as “open” as its name may suggest.CEO Sam Altman explained the company’s shift to closed AI models in a Reddit AMA on Thursday.It offers “an easier way to hit the safety threshold” and OpenAI wants “to open source more stuff in the…
In the recent earnings call, Customers Bancorp (NYSE: NYSE:) highlighted a strategic transformation toward becoming a specialized commercial bank with a national presence. The bank’s Chair, Jay Sidhu, and CEO, Sam Sidhu, detailed their customer-centric approach and the use of technology to stand out from traditional banking competitors. They announced…
By Aatrayee Chatterjee (Reuters) -Kleenex tissue maker Kimberly-Clark (NYSE:) on Tuesday cut its annual organic net sales forecast after missing Wall Street estimates for third-quarter sales, as consumers swap its pricier personal care goods for cheaper alternatives. Shares of the company, which maintained its annual profit forecast, were down about…
LinkedIn cofounder Reid Hoffman once predicted in an interview that the traditional 9-to-5, where workers have one stable job, would be extinct by 2034 and replaced with people working multiple roles across several industries.Hoffman’s comments recently gained fresh steam on X, formerly Twitter, and are completely in line with many…
Great Ajax Corp (NYSE:) has revealed a strategic shift towards commercial real estate during its second quarter 2024 earnings call. The company reported a GAAP net loss of $12.7 million, mainly due to mark-to-market and realized losses on mortgage loan sales. Despite the loss, Great Ajax is transitioning from reperforming…
