China sets lowest economic growth target since 1991
It is also the first time the target has been lowered since it was cut to “around 5%” in 2023. […]
Business
China’s Traditional Businesses Try to Buy Into AI Boom
Chinese ham producers and real-estate companies are jumping on the artificial-intelligence bandwagon, pouring millions of dollars into semiconductor companies. Source
Cracker Barrel Works to Repair Its Business
The restaurant chain reported lower profits and revenue in its latest quarter, but the CEO says efforts to turn it
We have more privacy controls yet less privacy than ever
The tech sector has a long history of breaking through privacy boundaries, but it has also created the fences meant
American Eagle Fourth-Quarter Sales Rise on Growth of Aerie
Same-store sales climbed 23% at Aerie, helping boost American Eagle’s overall revenue 10% in the fourth quarter. Source link
StubHub Swings to Loss, Revenue Falls
The ticket exchange platform posted a loss of $535.3 million that included a $492.9 million nonrecurring, noncash provision for income
Opinion | Gavin Newsom’s Climate Tax Hike
His regulators are cutting allowances for his tax-and-cap policy. Source link
Musk tells jury ‘people read too much’ into his posts
The billionaire is accused of misleading investors in the run-up to his 2022 Twitter purchase. Source link
Broadcom Logs Higher Sales, Authorizes $10 Billion Buyback Amid Climbing AI Demand
The semiconductor and software maker’s revenue rose 29% as AI demand continued to drive sales. Source link
See the Strait of Hormuz Shutting Down
Ship traffic slowed to a halt after the Iran conflict broke out, stalling oil tankers and containerships. Source link