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...
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