Business
Business
Greek Risk Management Company Awarded by the European Defense Agency
A Greek company was recently awarded a pan-European distinction by the European Defense Agency (EDA) for its innovative work on artificial intelligence (AI) and risk management.
Cyber Noesis based in Athens won the "Defence Innovation Prize 2023" competition, in the...
Business
George Logothetis Visits DR and Colombia to Expand Libra’s Impact on Latin America
A delegation of the Libra Group led by Executive Chairman George Logothetis visited Colombia and the Dominican Republic (DR) recently to discuss the Group's investments and philanthropy in the region.
Logothetis, a proud Greek American entrepreneur and philanthropist who is...
Business
The Turkish Businessman Who Made Americans Fall in Love With Greek Yogurt
The CEO of Greek yogurt company Chobani, Hamdi Ulukaya, has popularized Greek yogurt for the next generation of consumers.
Chobani has transformed one of Greece's signature dishes into a staple of the American diet, establishing a hip, health-conscious image for...
Business
Elon Musk’s Tesla Recalls Two Million Cars in US Over Autopilot Defect
Elon Musk's Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective.
It follows a two-year investigation into crashes that occurred when the tech was in use. The recall...
Business
Elon Musk’s Starlink Denied $900M Subsidy; His Mother Blasts Biden
Elon Musk’s Starlink satellite internet service was rejected again for a nearly $866 million rural broadband subsidy, causing an outburst by his mother Maye against President Biden.
The Federal Communications Commission said it “failed to demonstrate that it could deliver...
Business
Greece Honored at the New York Stock Exchange
Greece was honored on the Greek American Issuer Day at the New York Stock Exchange which took place on Tuesday within the context of the 25th Annual Capital Link Invest in Greece Forum.
This special ceremony has been taking place...
Business
Billions Worth of Gold May Be Hidden in an Abandoned California Mine
A gold mine in Nevada County, California which ceased operations in 1956 may reopen after experts suggest that it may still contain one of the world’s highest-grade gold reserves.
The San Francisco Chronicle reports that the future of the 160-year-old...
Business
Safety of Tesla Vehicles Questioned by Former Employee, Experts
Doubts over the safety of Tesla's self-driving cars are growing as a former Tesla employee warned that they are not safe enough to be used on public roads.
Lukasz Krupski leaked data, including customer complaints about Tesla's braking and self-driving...
Business
Gold Hits All-Time High, Crypto Assets Also on a Charge
Gold has climbed to a record high for the second session in a row, as investors flock to the traditional safe haven asset amid hopes of interest rate cuts in the months ahead.
The price of gold has reached $2,111.39...
Business
Calamos’ CityGate Centre: The Sophistication of Chicago in Serene Suburbs
CityGate Centre in Naperville, basically a village created by the vision of Greek- American John Calamos in the suburbs of Chicago, is experiencing top occupancy, and business is booming among its different sectors.
Today, its 241,206 square-foot Class A office...
Business
Greek Economy and Investments on the Spotlight at Capital Link Summit
The Greek economy and the inflow of foreign investments will be the central theme of Capital Link's Annual International Summit which will take place in New York on Monday, December 11.
The event at the Metropolitan Club will feature top...
Business
Elon Musk’s Outburst at Advertisers Deserting X: ‘Go F*ck Yourself’
Elon Musk in a profanity-laced outburst on Wednesday slammed advertisers that have left X, the social media platform he owns.
At an event in New York, he accused companies that have joined an ad boycott of the site formerly known...
Business
Bezos Beats Musk to Mars as NASA Chooses Blue Origin
NASA announced Wednesday that it will send two scientific spacecraft to Mars aboard Jeff Bezos' Blue Origin rocket in August 2024.
Musk's SpaceX company was initially set to carry the NASA payload on a Falcon Heavy rocket in October of...
Business
‘Boycott Israel’ Soda Founded by Greek Spiro Spathis Triples Sales in Egypt
A soda brand called Spiro Spathis, after the name of its Greek founder, has seen sales skyrocket after its support for the 'Boycott Israel" consumer movement.
Spiro Spathis was founded in 1920 by one of the thousands of Greeks who...
Business
OpenAI’s Sam Altman to Return as CEO Days After He was Fired
OpenAI co-founder Sam Altman will return as CEO just days after he was fired by the board, the firm which is the leading company in the artificial intelligence industry, said.
The agreement "in principle" involves a new board being installed,...