Apple and Amazon both reported earnings that surpassed analysts’ expectations for the quarter ending in March. However, underlying weaknesses were evident. Apple’s Services division, which includes advertising, iCloud, […]
Kohl’s CEO Fired Over Unethical Business Practices
Kohl’s has terminated its newly appointed CEO due to unethical practices involving undisclosed conflicts of interest. The CEO was found to have directed business towards a romantic partner, […]
Ryanair Threatens to Reassess $30 Billion Boeing Order Amid U.S. Pressure Over Considering COMAC Jets
Ryanair has announced that it may “reassess” a significant $30 billion order with Boeing due to recent criticism from the U.S. government. The backlash arose after Ryanair considered […]
E-Commerce Sellers Face Challenges as De Minimis Ends
E-commerce sellers importing goods from China are bracing for changes as the de minimis tariff loophole closes. This adjustment means that previously duty-free parcels will now be subject […]
Elon Musk Compares Himself to Buddha During Press Meeting
Elon Musk recently met with mainstream press, breaking his pattern of avoiding interviews with outlets he perceives as unfriendly. The session occurred amid reports that Tesla’s board might […]
Automakers Report Significant April Sales Boosted by Tariff Concerns
DETROIT — Major automakers, including Ford, Hyundai, and Kia, reported substantial year-over-year U.S. sales increases in April. This surge was driven by consumers rushing to buy vehicles ahead […]
Chevron Reports Earnings Beat Amid Rising Stock
Chevron has reported earnings that surpassed market expectations, leading to a rise in its stock price. Despite this positive news, the overall profit has declined due to falling […]
Defense Tech Startup Mach Industries Raises $100 Million in New Funding Round
Mach Industries, a defense tech company founded by 21-year-old Ethan Thornton, is reportedly closing a $100 million funding round co-led by Khosla Ventures and existing investor Bedrock Capital, […]
Six Flags America to Close in November After Decades of Operation
Six Flags America and Hurricane Harbor in Prince George’s County, Maryland, are set to close in November. The decision comes as the parks do not align with the […]
Blank Sailings Signal Economic Uncertainty Amid Trade Tensions
The container shipping industry is experiencing a surge in ‘blank sailings,’ where shipping routes are temporarily paused due to insufficient demand. This phenomenon has intensified due to trade […]