GM’s long-time product development chief set to retire
(Reuters) – General Motors said on Wednesday Doug Parks, who leads the automaker’s global product development team, would retire after nearly four decades with the company during which he played a key…
Goldman Sachs hires BlackRock executive for unit serving third-party wealth product providers
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm hired Gregory Weiss from BlackRock to lead a business that sells managed accounts and index products to wealth managers. Weiss…
New Castle Resident Indicted on a Charge of Violating Federal Consumer Product Tampering Laws
PITTSBURGH, PA – A resident of New Castle, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh on a charge of violating federal consumer product tampering laws, United States Attorney…
Former Microsoft product chief joins Amazon as head of devices business
(Reuters) -Former Microsoft product chief Panos Panay will lead Amazon.com’s struggling unit responsible for the firm’s Alexa and Echo products. Panay, who was with Microsoft for more than 19 years and helmed…
Sandoz dials up product launch plans ahead of market debut
By Ludwig Burger and Paul Arnold FRANKFURT (Reuters) – Sandoz plans to launch at least five additional biologic drugs, its CEO Richard Saynor said, as the generics drugs business of Switzerland’s Novartis…
Binance global head of product Mayur Kamat resigns
(Reuters) -Binance’s global head of product, Mayur Kamat, has resigned amid a string of executive exits and job cuts at the cryptocurrency exchange, a spokesperson for the company told Reuters on Monday.…
Cops Least of Problem for Paterson Drug Dealer Busted with $1 Million in Product
PATERSON, NJ – Pedro Rodriguez Avalo, 30, was arrested on June 27, following the execution of a search warrant that led to the discovery of approximately three and a half pounds of…
Microsoft beefs up ChatGPT and Bing in wide-ranging AI product launch
By Yuvraj Malik and Jeffrey Dastin (Reuters) – Microsoft Corp on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as…
Apple investigated in France over product obsolescence
PARIS (Reuters) – The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for the prosecutor said on Monday, confirming an AFP report. “Following a complaint,…
Meta merges ad and business messaging product groups – The Information
(Reuters) – Meta Platforms has merged its advertising product, business messaging and commerce departments into one division, The Information reported on Thursday, citing an internal message by company executive John Hegeman. The…
Musk’s price cuts show challenge for Tesla’s product strategy -Ford CEO
DETROIT (Reuters) – Electric car giant Tesla’s decision to cut prices to drive up sales volume reflects the pressure it faces from competition and an ageing product line-up, Ford Chief Executive Jim…
Ford plans “dramatic reductions” in product complexity – exec
DETROIT (Reuters) – Ford Motor Co plans “dramatic reductions” in the complexity of its product lineup starting in the 2024 model year, Jim Baumbick, the automaker’s product development chief, said Wednesday at…
Second lab-grown chicken product cleared for human consumption by U.S. regulator
By Leah Douglas WASHINGTON (Reuters) – California-based cultivated meat company GOOD Meat has received clearance from the U.S. Food and Drug Administration to bring its lab-grown chicken to market, according to agency…
For Third Straight Year, Animal Product Contraband Hit Record Levels at LA/LB Seaport
A large portion of contraband animal products, beef, pork, and poultry arrive in vacuum sealed bags, the rest in brand name wrappers. LOS ANGELES—Fiscal Year 2022 marked the busiest year ever for…
Germany joins battle against EU ban on financial product commission
By Huw Jones LONDON (Reuters) – Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s capital market and limit choice for consumers,…
Intel’s Mobileye sees $17 billion in assisted-driving product revenues by 2030
(Reuters) -Intel Corp’s self-driving tech unit Mobileye Global Inc said on Thursday it sees more than $17 billion in revenues for its advanced driver assistance systems (ADAS) products by 2030. Jerusalem, Israel-based…
Shopify launches new subscription product to lure big retail clients
(Reuters) – Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to select tools and services the Canadian tech giant offers and integrate it…
Twitter to shut down newsletter product Revue next year
(Reuters) – Twitter said on Wednesday it will discontinue its newsletter product Revue next year, days after owner Elon Musk said he was open to buying rival online publishing platform Substack. The…
China financial futures exchange adjusts rules for new option product
SHANGHAI (Reuters) – The China Financial Futures Exchange on Wednesday tweaked its trading limit rules to add a new product that will debut on Monday. The options based on the SSE 50…
United States Settles False Claims Act Allegations Involving Medical Product Manufacturer For $14.5 Million
Company Self-Reported Violations of Contractual Provisions WASHINBGTON – The United States Attorney’s Office for the District of Columbia reached an agreement with Coloplast, a medical product…
NOLOalcohol.com, a New Beverage Marketplace Where Product Bundling Strategy Is All Set to Reduce the Retail Price of Alcohol-Free Spirits
Ascertaining a competitive edge in the Sober Industry, ArKay Non-Alcoholic Spirits are now easy on your pockets available exclusively on NOLOalcohol.com (-) It was a rarity a few years ago for people…
US Foods Fall Scoop Delivers New Product Offerings Aimed at Helping Operators Appeal to Gen Z and Millennial Diners
Monarch Pickle Fry Lineup highlights 23 products targeted to the next generation of diners who are driving additional revenue opportunities for restaurant operators Rosemont, IL (-) US Foods Holding Corp. (NYSE: USFD)…
Sixty Vines Encourages Wine Lovers to Live Sustainably with New Product Lineup
Wine-centric restaurant launched e-commerce site featuring recycled, handcrafted cork products and will donate all proceeds to nonprofits in wine country Dallas, TX (-) Since its inception, sustainability has been at the core…
Layne’s Chicken Fingers Taps Into Growing Demand for Spicy Chicken With New Product Launch
As millennials and gen-Z consumers increasingly seek out hot chicken options, the legacy franchise brand is revealing its first new menu item since 1994. Dallas, TX (-) Legacy chicken brand Layne’s Chicken…
Lunchbox Unveils New Product To Simplify Restaurant POS Systems and Integrations With Third Party Platforms
The launch of Lunchbox Rails marks the first step towards a larger partnership ecosystem. Proceeds from Rails signups for the month of May will be donated to the Lunchbox Scholarship Fund. New…
What Do Waste Oil Disposal Buyers Want in a Product?
(PRESS RELEASE) What is it that purchasers most want when purchasing a product? ‘Compliance with a perceived need? Solution to a problem? Best price available? The simple answer, ‘EVERYTHING’. Folks want a…
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