By MarketWatch.com | Mike Murphy | 5/14/2024 8:21 PM
OpenAI co-founder and chief scientist Ilya Sutskever is leaving the company, months after losing his board seat following an attempt to oust CEO Sam Altman. ... Read full Story
By MarketWatch.com | Mike Murphy | 5/14/2024 7:57 PM
Red Lobster is expected to file for bankruptcy by the end of the month, according to a new report, which came a day after the seafood restaurant chain abruptly closed dozens of locations. ... Read full Story
By MarketWatch.com | Bill Peters | 5/14/2024 7:51 PM
Vanguard Group on Tuesday appointed BlackRock Inc. veteran Salim Ramji as its new chief executive, a move that will give the asset-management giant a leader with years of experience in wealth advisory and management who is known for his efforts to expand investing access. ... Read full Story
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer’s merger drama. ... Read full Story
By MarketWatch.com | Bill Peters | 5/14/2024 5:56 PM
Shares of Western-wear retailer Boot Barn Holdings Inc. slid after hours on Tuesday, after the chain forecast sales trends for the fiscal year ahead that were below Wall Street’s expectations amid continuing tepid demand from shoppers. ... Read full Story
The bundle, called “StreamSaver,” will provide the three services “at a vastly reduced price to anything in the market today,” Comcast Chairman and CEO Brian Roberts said at an investor conference. ... Read full Story
Inflation in the U.S. is still stubbornly high, and the April report on consumer prices is unlikely to show Americans getting much relief. ... Read full Story
By MarketWatch.com | Tomi Kilgore | 5/14/2024 2:11 PM
Shares of Container Store Group Inc. fell Tuesday, after the storage- and organization-products retailer made a number of announcements that highlighted its recent troubles. ... Read full Story
Merriam-Webster's Word of the Day for May 14, 2024 is:
caveat \KAV-ee-aht\ noun
A caveat is an explanation or warning that should be remembered when you are doing or thinking about something. In legal contexts, caveat refers to a notice to a court or judicial officer to suspend a proceeding until the opposition can be heard.
// All investment advice should come with a caveat: the stock market is impossible to predict with absolute accuracy.
"The report details the percentage of students who graduate within four years from when they first enroll in ninth grade. Still, there are caveats to the numbers. For one, students who leave the district after their freshman year to be home-schooled or enroll in private schools aren't included in the calculation." — Sommer Brugal, The Treasure Coast News (Palm Beach, Florida), 7 Jan. 2021
Did you know?
You may be familiar with the old saying caveat emptor, nowadays loosely translated as "let the buyer beware." In the 16th century, this adage was imparted as a safeguard for the seller: allow the buyer to examine the item (for example, a horse) before the sale is completed so that the seller can't be blamed if the item turns out to be unsatisfactory. Caveat in Latin means "let him beware" and comes from the verb cavēre, meaning "to be on guard." Perhaps you've also heard the phrase caveat lector; translated as "let the reader beware," it's a warning to take what one reads with a grain of salt. English retained caveat itself as a noun for something that serves to warn, explain, or caution. The word caution, by the way (no salt needed), is also a descendant of cavēre.