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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...WPP’s Ogilvy advertising agency is creating a division specialising in online “health influencers” to help pharmaceutical companies tap a trend towards personalised health and combat misinformation....
...The move is an edict from Andy Sieg, who runs Citi’s wealth management division and joined the company last year from Bank of America....
...The multiyear strategic partnership is a symbolic moment for the sector, with the almost 40-year-old British media group taking charge of the local operations of a start-up once seen as the future of the...
...An unwinding of the deal that created the company no longer looks far-fetched....
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
...It is also offering a live stream of a fight between Mike Tyson and Jake Paul in July, leading analysts to question whether the company plans to move further into live sport....
...as a boring admin drone, probably a drag on the division....
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
...Citi’s banking division reported revenues of $4.6bn for 2023, down 15 per cent from a year earlier....
...The SEC should not impose additional disclosure burdens, much less ban any leveraged ETPs or ETFs, Dalia Blass, former director of the SEC’s Division of Investment Management, told Ignites....
...Some businesses continued to struggle, including the wealth management division....
...The move follows pressure from investors, chief among them Nelson Peltz, to boost the company’s sluggish growth with a bold strategic move such as selling off a division or two....
...The start of the year, when companies set out their plans for the next 12 months, is often a period of disproportionate job cuts, said Keum....
...The energy division also encompasses HomeServices of America, a real estate brokerage enmeshed in its own litigation....
...Last year, the company reported a loss of $7bn. But Uber can be congratulated for strict cost cutting and the strength of its ride-hailing business....
...The real division is between those who see the AI future through a glass darkly, and those, such as Cowen, who embrace its optimistic potential....
...The company’s enterprise value is now $7bn, with a net debt balance of $3bn and more than $300mn of annual interest expense....
...Recruiting Raghavan brings an end to a high-profile HR gambit by Citi’s chief executive Jane Fraser, who left the banking job vacant when she unveiled the company’s new five-division structure in September...
...Technology Sydney and a former associate editor of the journal....
...Their ways of working just don’t apply to Tesla, which is less a company and more the publicly traded division of a self-contained hysteria factory....
...A claim filed in a court in Los Angeles on Tuesday said the use of a “special expenses” fund of $950,000 after tax was an agreed part of his contract....
...In other divisions, Alphabet reported a strong final quarter of 2023. Overall revenue rose to $86.3bn, a 13.5 per cent increase, and ahead of analyst expectations for $85.3bn....
...It culminated last week with the sale of a $5bn loan that backed KKR’s purchase of a stake in a healthcare technology company known as Cotiviti....
...Reddit is unlikely to attempt a Snap-style voting right division. But it is likely to float a relatively small number of shares, perhaps equal to 10 per cent of the company....
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