Music Streaming Has a $2 Billion Fraud Problem That Goes Beyond AI
Staring at his computer screen, Kristoffer Rom couldn’t believe the numbers rolling in from Spotify. A year and
2023-05-12 19:23
Richemont Boss Rupert Quashes Talk of Deals with LVMH or Kering
Johann Rupert, the controlling shareholder of Swiss luxury goods conglomerate Richemont, dismissed talk of a takeover by bigger
2023-05-12 17:20
China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes
Top corn importer China could cancel more purchases of the grain from the US because the country can
2023-05-12 16:19
Cartier Maker Richemont’s Profit Gains as China Rebounds
Richemont, the Swiss luxury goods maker that owns the Cartier brand, reported earnings that beat analysts’ estimates as
2023-05-12 15:53
Fake Billionaire Fund Manager Charged With Running Ponzi Scheme
A former Chicago commodities trader was arrested and charged with fraud for lying to clients about everything from
2023-05-12 09:56
Lyft Will Discontinue Pooled Rides
Lyft Inc. is officially discontinuing shared rides, the latest change the ride-hailing company’s new chief executive officer is
2023-05-12 02:19
Coach Owner Says Sales Will Benefit If Chinese Shoppers Travel Again
The owner of the Coach and Kate Spade brands is poised for a potential boost to sales if
2023-05-11 23:54
Peloton Declines on Recall of 2.2 Million Exercise Bikes
Peloton Interactive Inc. dropped Thursday after the fitness company said it was recalling about 2.2 million exercise bikes
2023-05-11 21:56
Prada, Miu Miu Sales Jump as Loafers and Pocket Bags Prove Hits
Prada SpA sales jumped as the Italian fashion group benefited from shoppers splurging on Prada loafers and Miu
2023-05-11 19:47
One Person Dead After Shooting at German Mercedes Factory
One person died and another was severely injured at a shooting in Mercedes-Benz AG’s Sindelfingen factory outside Stuttgart,
2023-05-11 17:17
Nissan Profit Outlook Tops Projections on Improving Chip Supply
Nissan Motor Co. forecast operating profit for the current fiscal year that exceeded analyst projections, as the Japanese
2023-05-11 16:16
Disney CEO Suggests He’ll Keep Hulu, Has Held Talks With Comcast
Walt Disney Co. Chief Executive Officer Bob Iger suggested he would like to keep the Hulu streaming service
2023-05-11 06:58