The German luxury carmaker Mercedes-Benz faces a stark reality. Its profits have nosedived by half in the third quarter of 2024. This sharp decline has prompted the company to take swift action. Mercedes-Benz now plans to ramp up its cost-cutting measures. The automotive giant’s financial woes stem from several factors. Weak demand in key markets […]
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Braskem SA, Brazil’s largest petrochemical company, announced a significant leadership change on November 4, 2024. Roberto Prisco Paraiso Ramos will succeed Roberto Bischoff as CEO, effective November 30, 2024. Novonor, Braskem’s controlling shareholder, nominated Ramos for the position. The board of directors will formally review this nomination. Ramos brings a wealth of experience to the […]
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Fox News Artificial Intelligence Newsletter: Restaurant robot backlash, AI regulation
BACKLASH AT THE BAR: A struggling restaurant owner hired a robot to help her servers. Then the angry messages began. Continue reading… ARE THEY UP FOR IT?: Lawmakers wearing ‘JCPenney leisure suits’ with ‘8-track tape players’ regulating AI means trouble according to this GOP representative. Continue reading… BOON FOR BAD GUYS: FBI paints grim picture of […]