Bosses struggle to police workers’ use of AI
Staff are adopting large language models faster than companies can issue guidelines on how to do so
Walmart
European stocks gain for third straight session as fears of US recession recede
Sentiment boosted by upbeat global economic data, although some analysts cautioned investors against complacency
Digital meatballs and virtual nuggets: why Ikea and McDonald’s are setting up shop in Roblox
A virtual Ikea store without any products might seem like good advertising – but is it any fun for the consumer?
European markets dip from historic highs
US stocks maintain momentum as Dow Jones breaches 40,000-mark
US retailer Walmart posts first-quarter revenues of €148.6bn
Shares rose more than 6% in pre-market trading, putting stock on course for biggest one-day advance since late 2022
Greencore boss Dalton Philips: ‘I love food. I love cooking it, I love buying it, I love eating it. I’m a total foodie’
After four years of ‘carnage’, Dalton Philips is rebuilding profitability at convenience group Greencore and hoping to set it back on a path to growth
Weight-loss drugs hurt snack company shares
Concerns about weight-loss drugs hurting sales are ‘overblown’ say Citi analysts but investors are worried
The high costs and slow take-up of virtual reality for employee training
Widespread use of VR for training will take time but Apple’s launch of an augmented reality headset and Meta’s continued investment are described as ‘significant’
Why corporate climate pledges don’t always stand up to scrutiny
Firms are often doing little to tackle the more voluminous emissions generated by their products or their suppliers
Gun attack in Walmart store in Virginia the second US mass shooting in three days
A gunman who killed six people and injured four others at a Walmart outlet in Virginia was an employee of the store, police said
Stocks rally on positive US inflation signals
Iseq index gained nearly 0.7% on Tuesday after Monday’s decline.
Walmart raises profit forecast in sign of resilient shoppers
Retailer quells fears it is headed into the holiday season with too many unwanted goods
Plane safely lands after pilot threatened to crash into Mississippi Walmart
Man in custody after flying aircraft erratically for several hours before landing
Tech stocks are not like the dotcoms of old, but few will escape the pain
Pandemic favourites have collapsed amid recession fears and what’s next may be rough
Operation de-arching: the week McDonald’s confirmed its Russian retreat after 32 years
Planet Business: Twitter exits, Walmart woes and a UK minister’s top inflation tips
Foot Locker bullish on outlook despite Nike pullback
Retailer off to a strong start in 2022 as it focuses on improving inventory and vendor relationships
European shares lower as retailers, food and beverage stocks lead falls
Nestlé, Diageo, Unilever slip between 2.7% and 4.5%
Dow drops 1,100 points as concerns over inflation rise
Technology stocks sensitive to interest rates lose their bounce as Fed chief talks tough
Markets in positive territory on economic hopes for China and the US
Iseq in Dublin closes the session up 1.3%
Sustain.Life announces $16m seed investment
Mike Hanrahan firm aims to help SMEs take climate action with actual clout
DAA chief Dalton Philips to leave State airports company for Greencore
Philips to replace Patrick Coveney as chief executive of convenience foods producer
Dromoland Castle to host welcome return of Women’s Irish Open after a decade
€400k event to be staged at revamped Co Clare venue at the end of September
Even butterflies are casualties in Texas battle over border controls
Conservation centre on Rio Grande forced to close after online attacks by conspiracy theorists
Beyond parody? Rees-Mogg hunts for ‘Brexit opportunities and government efficiency’
Planet Business: Brexiteer’s new gig; crypto crime; and a bitter-sweet subscription
Amazon abandons influence campaign designed to attract staff
Paying warehouse workers to tweet positive comments is dropped
‘Los Angeles is a city of dreamers. If you have an idea, this is where you make it happen’
Wild Geese: Chef and entrepreneur Gemma Stafford’s business expanded in lockdown
The pandemic accelerated digitalisation but managing it forward will be the next test
Firms with mature digital infrastructure will find the ‘new normal’ a much easier place to succeed in
Europe’s stocks ends lower, halting record rally
Germany, France, Swiss stocks retreat from record highs
Iseq lags other European indices as doveish ECB comments prop up markets
Iseq falls 0.6 per cent as its big hitters fail to fire
When will Tesco investors give its Irish boss credit?
Market Beat: Tesco is only one of the big four UK retailers to retain 2020 market share
Different Strokes: Harrington spared a tattoo by Ryder Cup loss
Leona Maguire returns to action; word of mouth; on this day; by the numbers and more
Developer Tetrarch gets UK backing for 1,500-home plan
Seen & heard: sharing construction costs; Janssen expansion; PwC backs Donohoe
Thrive alive-oh: Arianna Huffington sets her sights on Dublin
Huffington’s wellbeing start-up Thrive Global is opening up an operation in Dublin city
Amazon shelves joint venture with Indian tycoon Narayana Murthy
Move a potential setback for e-commerce giant as country’s online market set to surge
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