personnel

Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts
Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts
August 05, 2024  |  Personnel

British banking giant Lloyds has picked an Amazon Web Services veteran as its AI head. Rohit Dhawan has been named Lloyds’ director of artificial intelligence (AI), overseeing the firm’s AI...

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Unemployment Claims Hit Highest Level in Almost a Year
Unemployment Claims Hit Highest Level in Almost a Year
August 01, 2024  |  Economy

New U.S. unemployment claims have reached their highest level in close to a year. According to Labor Department data released Thursday (Aug. 1), jobless claims...

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Roblox Retools User Engagement and Sees 21% Jump in Active Users
Roblox Retools User Engagement and Sees 21% Jump in Active Users
August 01, 2024  |  Earnings

Roblox, the virtual world gaming platform, reported a record 79.5 million average daily active users (DAUs), representing a 21% increase from the previous year, the...

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Lyft President Kristin Sverchek to Leave Company After 12 Years
Lyft President Kristin Sverchek to Leave Company After 12 Years
July 23, 2024  |  Ridesharing

Lyft President Kristin Sverchek will leave the company as an employee on Aug. 20 after serving in leadership roles for 12 years. Sverchek will serve...

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Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing
Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing
July 19, 2024  |  Personnel

Augmented reality (AR) startup Magic Leap reportedly cut 75 jobs on Thursday (July 18) as it reorients its business toward technology licensing. The company’s cuts included its...

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Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
July 18, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants...

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Petco Names Former Five Below Chief Joel Anderson as CEO
Petco Names Former Five Below Chief Joel Anderson as CEO
July 17, 2024  |  Retail

Petco has named former Five Below CEO Joel D. Anderson as its new CEO and a member of its board of directors, effective July 29....

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HSBC Promotes CFO Georges Elhedery to Chief Exec
HSBC Promotes CFO Georges Elhedery to Chief Exec
July 17, 2024  |  Personnel

British multinational banking group HSBC has a new chief executive officer. Georges Elhedery, who became HSBC’s chief financial officer (CFO) last year, will move into...

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Five Below CEO Steps Down as Comparable Sales Slip
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024  |  Retail

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors,...

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