updated - August 4, 2020 Tuesday EDT
Exxon Mobil Corporation has announced in a press release that Darren W. Woods, the current senior vice president of the corporation, is elected to be Exxon Mobil’s next president and a member of the board.
Elon Musk, together with other tech bigwigs, Sam Altman, Peter Thiel, Reid Hoffman, and Jessica Livingston have contributed $1 billion in funding to OpenAI, a research company, according to an introductory blog post.
Kitson, an upmarket department store chain, is preparing to close all of its 17 retail locations as well as its online shop, Shokitson.com, according to a report from the Los Angeles Times. The boutique chain, known as the shop being frequented by the likes of Paris Hilton and Lindsay Lohan, has been struggling since 2013 as it over-expanded, at times opening in areas with high rents.
Several airlines, including British Airways, are starting to ban the carriage of hoverboards, the gliding vehicles which have become an international craze in recent months, according to the Wall Street Journal.
American International Group, Inc. (AIG) has announced in a press release the formation of a new executive leadership team. The changes in the leadership team are designed to help execute the company’s strategic priorities and provide value to its clients around the world.
FLIR Systems, Inc. has announced in a press release that they are collaborating with DJI Innovations, a leader in the drone industry, in which FLIR’s thermal imaging technology will be used DJI’s drones.
The Sweet Leaf Tea Company has announced in a press release that it is voluntarily recalling the Sweet Leaf Tea in 16-ounce glass bottles because of the possible presence of glass fragments in the bottles.
Wal-Mart Stores, Inc. has introduced Walmart Pay, a fast, easy and secure way for customers to pay with their smartphones in Walmart stores, according to a news release issued this week by the company.