On Tuesday, United Airlines Holdings forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the Q1, on robust demand for travel. United Airlines, a prominent customer of Boeing, has been hit by the planemaker’s safety crisis. Boeing’s troubles forced it to scale down its total aircraft delivery estimates for this year by 25% to 66 jets. (Image Credit: united) The Boeing situation is rippling through the industry, compelling airlines to adjust their fleet plans at a time travel demand is projected to hit record levels. Boeing  ..read more

BYD the Chinese electric car company is rapidly expanding its lineup to include vehicles that can give competition to traditional automakers in the mass market. The EV company is ready to compete with Tesla on the premium end and Jeep in the off-road segment. BYD has unveiled three new models, including two concept cars, under its premium brand Fangchengbao as the Chinese electric vehicle giant ramps up efforts to sell into higher-priced segments. (Image Credit: byd) On Tuesday, BYD unveiled its Fang Cheng Bao brand: an off-road “Leopard 8” SUV, a “Super 3″ SUV geared toward city driving and a ..read more

TSMC (Taiwan Semiconductor Manufacturing Co) the dominant producer of advanced chip used in AI applications, is expected to report a 5% rise in Q1 profit on Thursday thanks to strong demand. The world’s largest contract chipmaker TSMC, whose customers include Apple and Nvidia, has seen a rise in profit from a surge towards AI. The TSMC’s surge in profit has helped it weather the tapering off of pandemic-led electronics demand and pushed it’s stock to a record high. (Image Credit: tsmc) TSMC Q1 profit TSMC is set to report a net profit of T$217.2 billion ($6.71 billion) for the&n ..read more

JPMorgan Chase CEO, Jamie Dimon gives a warning that inflation, wars and Fed policy will have a major impact on the U.S. economy. Jamie Dimon warned on Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop. As per JPMorgan Chase this will threaten an otherwise positive economic backdrop. (Image Credit:jpmorganchase) “Many economic indicators continue to be favorable,” the head of the largest U.S. bank by assets JPMorgan Chase said in announcing first-quarter earnings results. “However, looking ahead, we remain alert to a number of s ..read more

Apple loses top spot to Samsung  as it’s smartphone shipments dropped about 10% globally in the first quarter of 2024. iPhone shipments dropped, hurt by intensifying competition by Android smartphone makers like Samsung aiming for the top spot, International Data Corporation showed on Sunday. (Image Credit; apple) Apple iPhone shipments plunged by pressure of double-digit growth in shipments also by Chinese challengers Xiaomi and Transsion, also per the report. Samsung top phonemaker The iPhone-maker’s Apple loses top spot and its steep sales decline comes after i ..read more

CEO of McKissack & McKissack, Deryl McKissack, 62-year-old started her business with $1,000 now it brings in over $25 million a year. She said: ‘I just had to do this’. Deryl McKissack’s career is a culmination of effort from five generations. Deryl McKissack is the president and CEO of McKissack & McKissack, the Washington, D.C.-based construction management and design firm behind some of today’s most recognizable buildings from building the Smithsonian African American Museum of History and Culture to repairing the Abraham Lincoln and Thomas Jefferson memorials. (Image Credit: linked ..read more

Leadership training is an important benefit for current and future leaders, managers and supervisors. During your career, you might need to participate in various management training initiatives to help you develop your skills to become a more effective leader. Importance of leadership training Leadership training is important to teach you various skills and techniques to help you succeed as a leader and develop and retain employees who are also motivated to succeed. The different training topics can help you understand your role as a leader and view challenges from a new perspective as ..read more

A jump in Apple stock was seen, making it their best day since last May. Apple shares climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s best day since May 5, 2023. The Apple stock price surged 4.3% to $175.04, registering its best day since May 2023, this was after the company transitioned its Mac product line to artificial intelligence-focused chips. (Image Credit: apple)Apple stock jump The Apple stock jump came during a strong day for technology stocks, especially those in artificial intelligence, as the Nasdaq Composite rose 1.77%. Apple stock performance this year h ..read more

The Alibaba co-founder Jack Ma reemerges and penned a rare and lengthy memo to employees. In Jack Ma’s memo, he expressed support for restructuring efforts at the e-commerce titan. As Jack Ma reemerges, some saw that as a signal he’s ready to play an active role again after years out of the spotlight. Alibaba underwent a historic overhaul and sweeping management changes in a bid to return Alibaba, the Chinese technology giant to growth. (Image Credit: wiki commons) Jack Ma largely disappeared from public view after making a speech critical of Beijing reg ..read more

Apple supplier Foxconn is considering introducing CEOs rotation, a system which could see a major reshuffle of its management structure designed to nurture future talent, as per sources familiar with the source. While the concept of rotating chief executives is relatively uncommon among global companies, analysts suggest it can foster collaboration, prevent leadership from becoming entrenched, and facilitate the development of the next generation of leaders, the report said. (Image Credit: foxconnwiofficial)Foxconn CEOs rotation One of the sources said the plan for Foxconn rotating chief execu ..read more