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Workday Cuts 1,750 Jobs to Fund AI Investments

Workday to Cut 8.5% of Workforce in Restructuring, Focus on AI Investments

Tesla's Plunging Sales in Europe Linked to Elon Musk's Political Interventions

Elon Musk's political interventions in Europe, including his support for far-right parties, have coincided with a decline in Tesla sales across the continent.

Sam's Club CEO: "We Serve All of America, That's the Definition of Being Inclusive"

Sam's Club CEO Chris Nicholas believes diversity, equity, and inclusion are essential for the company's success, despite recent corporate DEI policy changes.

Davos Rival Conference Planned in Washington as Global CEOs Flock to Monitor Trump

Semafor plans a Washington economic conference for global CEOs in April that hopes to rival the annual World Economic Forum in Davos, Switzerland. More than 200 CEOs are already committed to attend, the conference is scheduled for April 23-25 and is co-chaired by David Rubenstein, Henry Kravis, Ken Griffin, and Penny Pritzker.

Disney Q1 Earnings Beat Estimates, Streaming Segment Swings to Profit

Disney reports Q1 earnings beat, hitting profitability in streaming despite subscriber decline and hurricane impact.

Polestar: CEO Sees Local Manufacturing as Key to Growth Amid Tariffs

Polestar CEO Michael Lohscheller discusses the impact of tariffs on the company's operations and its plans to mitigate those impacts, including building vehicles locally in the US and South Korea.

Chipotle CFO Says Tariffs Won't Lead to Immediate Price Increases

Chipotle CFO says no immediate price hikes planned despite tariffs, and discusses the company's avocado sourcing and value strategy.

US Trade Deficit Hits Second-Largest on Late Import Surge Before Trump Tariffs

US trade deficit hits $98.4 billion in December, reflecting surge in imports ahead of Trump's tariffs. The full-year deficit reached $918.4 billion, the second-highest on record.

Italian Fashion Industry Seeks Protection from Trump Tariffs

The head of Italy's fashion chamber has appealed to the government for protection against potential US tariffs. Fashion generates 5% of Italy's GDP, with 1.2 million employees. Trump's threat of tariffs is creating uncertainty in the industry, which has experienced a global contraction.