Oracle CEO Mark Hurd announces a holiday, the stock drops

[ad_1] Mark Hurd, CEO of Oracle. Mark Neuling | CNBC Shares of Oracle fell 5% on Wednesday following the announcement by Mark Hurd, co-CEO, of his leave for health reasons. The company also announced profits one day earlier than expected. Larry Ellison, founder and chief technology officer of Oracle, will take over Hurd's responsibilities alongside … Read more

Uber reduces hiring by 18% one month before layoffs

[ad_1] Yber, Uber ($ NYSE: UBER) fired 435 people from its product and engineering teams yesterday, representing about 8 percent of its workforce, according to TechCrunch. But before this announcement, hires within the company – and especially in the divisions affected by layoffs – experienced a dramatic reduction in early August. On or about August … Read more

Oil Slides As Trump Considers Easing Sanctions On Iran

[ad_1] WTI prices were jittery on Wednesday morning, rising initially, but falling back after yesterday's lows, after headlines suggesting Bolton was fired after disagreeing with Trump's desire to ease Iran's sanctions to get a meeting with Rouhani. As Bloomberg reports, President Trump discussed easing sanctions on Iran to help secure a meeting with Iranian President … Read more

Forever 21 plans to go bankrupt on Sunday

[ad_1] The store chain Forever 21 Inc. plans to file for bankruptcy next Sunday, after facing a lack of cash for months, according to people close to the record. The company has been looking for a new loan for months to guard against bankruptcy, said people who said the company would file in Delaware. Forever … Read more

McDonald's acquires voice recognition company to improve its driver service system

[ad_1] Allard Schager / Getty McDonald's has announced that it McBuy start Bay Area voice recognition Learning for an undisclosed amount. According to McDonald's, "sound-to-mean" learning technology manages a "complex, multi-lingual, multi-accent, multi-element" conversation order, and believes that this technology will help streamline the process. remote control – even faster food, you say ?? This … Read more

The bull market will not die

[ad_1] Despite all these concerns and the negative headlines, stocks are still holding up pretty well. The market tumbled in August, but equities rose sharply in September. The S & P 500 is now just over 1% lower than its all-time record since the beginning of the year. It rose nearly 20% in 2019. The … Read more

Wall Street progresses as China expands trade

[ad_1] NEW YORK (Reuters) – Toll-sensitive technological and industrial stocks pushed Wall Street up after China extended an olive branch in anticipation of trade talks with the United States next month. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, United States, September 9, 2019. REUTERS / … Read more