Business

A Samsung Group flag flutters in front of the company’s Seocho building in Seoul.  Sopa Images | Lightrocket | Getty Images Samsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros ($1.68 billion) from European investment firm Triton.  Samsung said…

WOMAN SINGING WITH MUSIC PLAYING: Barbie you’re beautiful, you make me feel, my Barbie doll is really real. Barbie’s small and so petite; her clothes and figure look so neat… BRIAN KENNY: You’re listening to a milestone moment in history. On March 9, 1959, the Barbie doll made its American debut during a commercial break…

The temporary reduction in tariffs that the United States and China announced in Geneva on Monday will lift, at least for now, the de facto trade embargo that had been in place between the two countries for the past month. It will reduce the chances that American shoppers will face empty shelves during the holiday…

In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past six months selling Tesla stock that she earned for serving on the board, according to…

Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Willy Kurniawan | Reuters Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best…

AI-powered chatbots are becoming the new standard for managing product inquiries, complaints, and refunds—interactions critical to customer satisfaction, brand perception, and sales. According to one recent survey, 85% of customer service leaders are already exploring a customer-facing AI solution. If your company doesn’t have one yet, it likely will soon.