companies

Topline Shares of Shopify were down by the most in the stock’s history in midday trading Wednesday after the e-commerce giant reported a surprising first-quarter loss and warned that last year’s sale of its logistics business could shrink revenue growth this quarter—wiping off more than a billion dollars from the net worth of billionaire CEO…

ATLANTA — On Wednesday, volunteers from two metro area construction companies are headed to Children’s Healthcare of Atlanta at Hughes Spalding Hospital to give child patients a special gift.The volunteers from McCarthy Building Companies and J.J. Russell & Company will be giving hospitalized children special bedding which has an interactive…

CHICAGO (CBS) -- CBS 2 has reported on countless rogue tow truck victims in the city of Chicago – tow "companies" that show up to the scene of a crash, and then hold cars hostage for exorbitant fees.The Chicago City Council has now taken action. Members of the City Council Public Safety Committee met Tuesday to discuss a possible solution to the…

Vermont lawmakers passed a bill this week that is designed to make big fossil fuel companies pay for damage from weather disasters fueled by climate change.The legislation is modeled after the Environmental Protection Agency’s superfund program, which requires the companies responsible for environmental contamination to either clean up sites…

Disney (DIS) said Tuesday an important part of its streaming business turned a profit for the first time but that it expects weaker results in that segment for the current quarter, sending its stock down nearly 10% in early trading.The forecast highlights Disney's challenges in achieving sustained profitability in streaming, a key priority as…

For countless Americans, the month of May signifies a major transition in their lives. Whether it is graduating from high school or college, starting a new job, or receiving that highly anticipated acceptance letter, May marks the beginning of the busiest time in the nation for moving. So much so, that the month was designated National…

SAN DIEGO – The best way for companies to defend against the threat of a nuclear verdict is to break away from the idea of not discussing damages in front of jurors, an industry expert said. Nuclear verdicts are affecting “every industry,” and companies must go on the offensive to counter a tactic known as anchoring,…

The Conservative Partnership Institute, a nonprofit whose funding skyrocketed after it became a nerve center for President Donald J. Trump’s allies in Washington, has paid at least $3.2 million since the start of 2021 to corporations led by its own leaders or their relatives, records show.In its most recent tax filings, the nonprofit’s three…

These companies' efforts now could pay off big over the long term. Technology companies are pouring investment into artificial intelligence (AI) these days -- and for good reason. AI has the potential to streamline many of a company's daily tasks, so that company could considerably lower costs and increase efficiency. The technology also…

Employees of the Industrial and Commercial Bank of China (ICBC), a giant state-owned lender, typically wear suits. But some are now slipping into combat fatigues. On April 19th an ICBC branch in the western province of Qinghai said it had organised some of its staff into a part-time militia. As well as uniforms, they…