Sissi Cao
Business Editor and Reporter at Observer
Business Editor and Reporter @observer. Covering tech, media, and finance.
Articles
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1 week ago |
observer.com | Sissi Cao
Elon Musk recently promised to spend more time running Tesla. Chip Somodevilla/Getty ImagesNow that Elon Musk has wrapped up his high-profile advisory role in Washington, a group of Tesla’s institutional investors is pressing him to return his full attention to the company, which has seen sales plummet in key markets in recent months. The investors point to slowing electric vehicle sales and a slumping stock price as evidence that Tesla needs Musk back at the helm.
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1 month ago |
observer.com | Colette Holcomb |Panera Bread |Sissi Cao |Maddie Whitaker
6 Space Missions to Watch in May: Starlink, Axiom, China and Rocket Lab How Starbucks’ Pumpkin Spice Latte Became a Cultural Phenomenon As Cooking Tutorials Disappear From TV, Chefs Pivot to YouTube to Find a New Audience TikTok Is Creating Overnight Stars—But Many Struggle to Find Real-World Success Space Missions to Watch in August: SpaceX’s Busy Month With Starship and Polaris Dawn All the Fox-Disney Merger Jokes in ‘Deadpool & Wolverine’ Explained 16 Key Leaders Behind Microsoft, the...
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1 month ago |
observer.com | Sissi Cao
Jerome Powell speaks during an interview with David Rubenstein for The Economic Club at the Marriott Marquis on July 15, 2024 in Washington, D.C. Getty ImagesBefore leading the Federal Reserve, Jerome Powell had a career on and off Wall Street spanning nearly three decades. Among the handful of people who worked closely with him for an extended period was David Rubenstein, the founder of the Carlyle Group (CG).
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1 month ago |
observer.com | Sissi Cao
Mattel has reduced its reliance on Chinese manufacturing to about 40 percent. AFP via Getty ImagesAmong President Trump’s long list of high tariffs imposed on goods from China—from 245 percent on needles and syringes to 170 percent on squid—there is one notable exception: zero tariff on children’s books.
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1 month ago |
observer.com | Sissi Cao
Martin Makary was sworn in as Commissioner of the FDA on April 1. AFP via Getty ImagesMartin Makary, the newly sworn-in commissioner of the U.S. Food and Drug Administration (FDA), said funding cuts initiated by the Department of Government Efficiency (DOGE) have not impacted the agency’s core scientific staff.
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The six-decade track record Warren Buffet leaves behind is so astonishing that mere numbers on a page don't do it justice, says @nirkaissar https://t.co/ThEhn5RB40 via @opinion
At @semafor 's #WorldEconomySummit this week. Mattel CEO Ynon Kreiz, played by Will Ferrell in the #Barbie movie, said innovation at the 80-year-old toy maker is "a combination of art and science...Our brand is timely, but my job is to make it timely." https://t.co/wUdSf11yCJ
President Trump says his tariffs will reverse the long gradual decline of American manufacturing, but economists are skeptical https://t.co/XSxDcRLAOP via @WSJ