Jack Ma Reverses Decision to Sell Alibaba Shares Following Stock Downturn
Jack Ma has postponed his intention to sell hundreds of millions of dollars' worth of Alibaba shares following a significant drop in the...
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Walmart Achieves Record-High Stock Prices
On Friday, Walmart's shares hit a historic peak, as investors expressed their optimism in the retailer's ability to outshine its...
Starz to Cut Over 10% of Workforce
Starz, the premium network and soon-to-be publicly traded entity, is implementing workforce reductions of more than 10% and discontinuing...
Google and Lendlease Abandon $15 Billion Bay Area Development Project
Alphabet's Google has abandoned its plans for a $15 billion development project encompassing homes, offices, and retail spaces in...
Sam Bankman-Fried Convicted on All Seven Counts
Sam Bankman-Fried, the co-founder and former CEO of the cryptocurrency exchange FTX and trading firm Alameda Research, has been convicted...
X Advertisement Takes Over Timelines to Promote Controversial Anti-Trans Film
On Thursday, X (formerly Twitter) users encountered a pinned topic labeled "What’s happening?" that was consistent for all users. As part...
Uber and Lyft Agree to $328 Million Settlement to Resolve Wage-Theft Complaints in New York
Uber and Lyft have reached a settlement to pay a total of $328 million to drivers in New York to address wage-theft complaints. This...
Chinese Electric Vehicle Newcomer Nio to Reduce Workforce by 10%
On November 3, Chinese electric vehicle manufacturer Nio announced its intention to reduce its workforce by 10% this month in a bid to...
Starbucks Announces Ambitious Strategy to Expand with 17,000 New Locations by 2030
Starbucks has unveiled its latest growth strategy, which involves a significant global expansion and a plan to save $3 billion in costs...
UAW-Stellantis Agreement Encompasses $18.9 Billion Investment
The United Auto Workers union has disclosed that Stellantis, the parent company of Chrysler, has plans to make a substantial investment...
DraftKings Sees a 57% Surge in Revenue as the Leading Sportsbook Attracts More Customers
DraftKings, the sports betting company, impressed analysts and investors by exceeding expectations in its quarterly revenue report,...
Live Nation, Parent Company of Ticketmaster, Reports Exceptional Earnings
Live Nation Entertainment, the parent company of Ticketmaster, has achieved a remarkable milestone by delivering its most successful...
Biden Administration Allocates $653 Million in Grants for 41 Port Enhancement Projects
The U.S. Transportation Department has taken a significant step towards enhancing the nation's maritime infrastructure by awarding $653...
Apple Music discontinues its Siri-only Voice Plan almost two years after its launch
Apple Music discontinues its most affordable option, the Voice Plan. Launched in 2021 at a cost of $5 per month, this subscription...
Toyota Recalls Over 1.8 Million RAV4s Due to Fire Risk from Incorrect Replacement Batteries
In a recent announcement, Toyota has initiated a recall for over 1.8 million RAV4 vehicles. This recall specifically pertains to select...
Flexport secures the technology assets of the once-prominent digital freight unicorn, Convoy
Flexport, the supply chain logistics platform, is set to acquire the assets of the defunct digital freight network, Convoy, as confirmed...
Match Group, owner of Tinder, reaches settlement in antitrust dispute with Google's app store
Match Group, a prominent player in the online dating industry, has withdrawn a high-profile antitrust lawsuit against Google's app store...
Ørsted Stock Slides as Company Abandons Two Wind Projects in the US
The world's largest offshore wind developer, Ørsted, has faced setbacks as it abandons two crucial US projects and reports a...
WeWork Suspends Interest Payment on Select Notes
WeWork, burdened by debt, announced on Tuesday its intention to defer the interest payment of approximately $6.4 million on certain...
The Mexican Celebration of the Day of the Dead: A Vibrant Tribute to Life and Death
In Mexico, death is not a somber affair. It's not a time for mourning, but rather a reason to celebrate. The Day of the Dead, known as...
Report Reveals That Retail Chains Are Employing Theft to Conceal Underlying Problems
Some retailers have claimed that theft is on the rise, and there is evidence to support this, including data from retailers and videos of...
Billionaire Tech Founder Encourages Young Indians to Embrace a 70-Hour Workweek
A prominent figure in India's business world, N.R. Narayana Murthy, believes that the country's youth must commit to long work hours if...
Shein Acquires the Missguided Brand from Frasers, a British Retailer
Shein, the fast-fashion retailer founded in China, has acquired the Missguided brand from Mike Ashley's Frasers Group, marking Shein's...
Panasonic Reduces Battery Unit's Profit Forecast and Issues Caution Regarding High-End EV Sales
Panasonic Holdings, a key supplier for Tesla, announced on Monday that it had scaled back automotive battery production in Japan during...
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