BABA posts 58% profit jump but sales miss

Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending. Alibaba said net income rose 58% year on year to 43.9 billion yuan ($6.07 billion) in the company’s … Read more

US retail sales slightly above expectations in October

WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose 0.4% last month after an upwardly revised 0.8% advance in September, the Commerce Department’s Census Bureau said on Friday. Economists polled by Reuters … Read more

Case study: How NY-Presbyterian has found success in not rushing to implement AI

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Leaders of AI projects today may face pressure to deliver quick results to decisively prove a return on investment in the technology. However, impactful and transformative forms of AI adoption require a strategic, measured and intentional … Read more

Valencia chief Carlos Mazón admits flood mistakes but defies calls to quit

EPA-EFE/REX/Shutterstock The sludge after the 29 October flood remains in Paiporta and Carlos Mazón has faced calls to resign Valencia’s under-fire leader Carlos Mazón has conceded mistakes were made on the day that floods overwhelmed his region but said it was down to two government agencies that people were not given enough warning. More than … Read more

Jamie Foxx Finally Reveals Details Of Near-Death Experience In His New Netflix Special

By TeeJay Small | Published 12 seconds ago If you’ve been keeping up with Hollywood news, you may recall the headline-grabbing tale of Jamie Foxx suffering a near-fatal medical issue back in April of 2023. The mystery illness was never officially explained by Foxx in interviews or social media posts, though the actor reportedly spent … Read more