Category: internal-storyline-no

Bob Iger’s Turnaround Plan for Disney Takes Shape

The New York Times – Business:
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
Biden Makes His Business Case in the State of the Union Address

The New York Times – Business:
The president took credit for strong job growth and his legislative agenda that’s boosted investment in infrastructure and clean energy projects.
ChatGPT, A.I.-Powered Chatbot, Faces Rivals From Google and Baidu

The New York Times – Business:
Google and Baidu are set to introduce their own A.I.-powered chatbots to challenge OpenAI, Microsoft and the rising popularity of ChatGPT.
Carlyle Taps a Former Goldman Exec to Fill Leadership Void

The New York Times – Business:
The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market.
Tech Earnings Disappoint Investors as Giants Stress Cost Cuts

The New York Times – Business:
Apple, Amazon and Alphabet all reported disappointing quarterly results, as they emphasized efforts to cut costs in the face of an economic slowdown.
Wall Street Likes Meta’s Plans to Cut Costs

The New York Times – Business:
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.
Investors Hope the Fed Won’t Dampen 2023’s Big Rally

The New York Times – Business:
Stocks and bonds are on an impressive run so far this year, driven by hopes the Federal Reserve will slow down, or even pause, its interest rate increases.
Why Stripe Is Raising Money at a Lower Valuation

The New York Times – Business:
Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
Adani Loses Billions After Attack by a Short Seller, Hindenburg Research

The New York Times – Business:
The Adani Group, the Indian conglomerate run by Asia’s wealthiest man, has gone on the offensive to fight fraud allegations by an American investor.
Elon Musk Meets With House Speaker Kevin McCarthy

The New York Times – Business:
Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.
Tesla Bulls Take Heart From Strong Profits

The New York Times – Business:
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
A Short Seller, Hindenburg Research, Bets Against Adani Group

The New York Times – Business:
Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday.