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In the world of autonomous vehicles, Pittsburgh, Phoenix and Silicon Valley are bustling hubs of development and testing. The fatal crash in Arizona involving an Uber autonomous vehicle in March of 2018 slowed progress, largely because it hurt the public's perception of the safety of vehicles. Google's Waymo, for instance, decided not to launch a fully autonomous ride-hailing service in the Phoenix area and will rely on human backup drivers to ferry passengers, at least for now.
Patricio, a 52-year-old native of Portugal, will take over the top job in July after two decades at Anheuser-Busch InBev, where he rose to become the company's global head of marketing, building sales of beer brands Corona, Budweiser and others. Before AB InBev, Patricio worked at major consumer companies including Philip Morris, Coca-Cola Co and Johnson & Johnson.
SAN FRANCISCO (AP) — Tech workers in China protesting a corporate culture of grueling work schedules are getting some support from their U.S. peers.
Major U.S. stock indexes drifted sideways in afternoon trading Monday as a rally in energy companies was mostly held in check by broader declines elsewhere in the market. Energy sector stocks climbed along with the price of crude oil, which surged after the U.S. government moved to further block Iranian oil exports. The Trump administration said it will no longer exempt any countries from U.S. sanctions if they continue to buy Iranian oil, including China and Japan, the world's second and third largest economies.
Sri Lankan authorities flicked the off switch on most social media after Easter Sunday attacks on churches and hotels killed hundreds of people, a lightning fast reaction that reflects accumulated distrust in the capability of American internet companies to control harmful content.
The retailer’s brands still resonate with teen shoppers, but its smaller rivals are locking in more Instagram followers.
(KHC) on Monday named a new CEO, announcing that Miguel Patricio will succeed Bernardo Hees effective July 1. Who is Miguel Patricio? Here are three things you need to know about the newest chief of Kraft Heinz (ticker: KHC).
SEATTLE (AP) — Looking back at her time as an early Microsoft employee, Melinda Gates said the brash culture at the famously tough, revolutionary tech company made her want to quit, but that she didn't discuss it with her boyfriend, and later her husband, Bill Gates, the company CEO who embodied that culture.
New Kraft Heinz CEO Miguel Patricio will have a long road ahead to turn around the consumer staples giant, which has seen its stock stumble amid a host of problems in recent months.
But it sounds more like an internal operating system for its hardware products than a potential rival for Alexa or Siri.
CenturyLink: What to Expect from Its Q1 Earnings(Continued from Prior Part)CenturyLink’s EBITDA growth For the first quarter, analysts expect that CenturyLink (CTL) will report an adjusted EBITDA of $2.21 billion. CenturyLink’s first-quarter
Key Macro Updates: Growth, Central Banks, and Earnings(Continued from Prior Part)Resilient earningsLast year, several observers raised concerns that corporate earnings growth could disappoint in 2019. However, so far, the first-quarter earnings
Kraft Heinz's Bernardo Hees is the latest CEO to announce his exit from a food company. Food brands are struggling to create growth on their own, saddled with off-trend products and losing share to upstart rivals. Kraft Heinz's KHC Bernardo Hees is the latest CEO to announce his exit from a food company, as the industry goes through unprecedented turnover and challenges.
PITTSBURGH (AP) — Kraft Heinz Co. has named a new CEO as it struggles to remain relevant amid changing American tastes.
JPMorgan Chase analyst Doug Anmuth did a deep dive on five internet companies set to report earnings this week, and concluded that Amazon, Facebook and Twitter are his favorites.