JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a broader plan to inject the technology throughout the sprawling financial giant.The program, called LLM Suite, is already available to more than 60,000 employees, helping them...
Category: News
Federal safety hearing over 737 Max blowout puts Boeing, Spirit AeroSystems factories in spotlight
Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit door plug on a Boeing 737-9 MAX during Alaska Airlines Flight 1282 flight on January 5, 2024, at the National Transportation Safety Board headquarters in Washington D.C. United States...
McDonald’s executives admit diners think prices are too high, say they’re working to create value
A McDonald's Big Mac in Bangkok, Thailand, on June 8, 2024.Lauren Decicca | Getty ImagesMcDonald's executives acknowledged Monday that diners consider the company's prices too high as lower-income consumers balk after years of high inflation.During the company's second-quarter earnings call Monday, executives said they are taking a "forensic approach" to...
Chipotle earnings and revenue top estimates, restaurant traffic rises again
A Chipotle restaurant in New York on July 3, 2023.Jeenah Moon | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts' expectations as it saw higher traffic at its restaurants, bucking an industry slowdown.Shares of the company rose about 13% in extended trading...
United Airlines profit jumps 23%, but third-quarter forecast disappoints amid industry overcapacity
United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier's results, but its third-quarter forecast came in shy of estimates as an oversupply of flights weighs on fares.United said Wednesday that...