After a whirlwind of events, Sam Altman is back as the chief executive of OpenAI. The artificial intelligence startup made the announcement just before Thanksgiving, revealing Altman's reinstatement following a chaotic period that saw his initial ousting and a subsequent return amid internal unrest. In a recent blog post, Altman expressed his enthusiasm for the future and … [Read more...] about OpenAI Co-founder Sam Altman Returns as CEO
Leadership Changes
Consumer Companies Experience Growth in Retail-Sales
Consumer companies are seeing a positive shift in sales, thanks to a surprisingly robust retail-sales performance. In September, sales at stores, online platforms, and restaurants experienced a stronger-than-expected 0.7% increase compared to the previous month. Consumer-Spending Trends Reveal Potential Problems Ahead While the recent sales figures are encouraging, there are … [Read more...] about Consumer Companies Experience Growth in Retail-Sales
Walt Disney Stock Nearing One-Year Low
Walt Disney stock (ticker: DIS) is approaching a one-year low as the company continues to face a decline in its market performance. Stock Performance As of Monday morning, Walt Disney stock was down 1.5% to $87.32, while the S&P 500 index showed a 0.2% increase. Among the stocks listed on the Dow Jones Industrial Average, Disney ranked second-worst, with only Verizon … [Read more...] about Walt Disney Stock Nearing One-Year Low
