For 2018, some business leaders fear that the greatest innovations could also prove to be the greatest threats to current business models. Protiviti recently released a report of the top risks for 2018 based off of a survey of more than 700 c-suite executives and board members.
Joe Tarantino is the CEO of Proviti. He joins Cheddar to break down the findings. Tarantino explains that the chief issues include disruptive innovation, digitalization, cyber threats and shifts in corporate culture.
Protiviti was named a 'Best Places to Work in 2018' by the Glassdoor Employees' Choice Award. Tarantino said it is an award the company is proud of and not one they take lightly.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.