Spirit Airlines has declared it had to fold because of losses of $2.2 billion in the last five years alone. The former CEO of the […]
Category: Business
E. Coli Outbreak Linked to Organic Carrots Sickens People in 18 States
The Centers for Disease Control and Prevention reported that dozens of people across 18 states in the US have been affected with E. Coli infection […]
Stock Rally Pauses Ahead of Nvidia Earnings: What to Watch This Week
The stock market rally was put on temporary hold this week as investors became wary shifting their focus to Nvidia, one of the most anticipated […]
Fed Chair Powell: Rate Cuts Still on the Table, But No Rush to Act
Federal Reserve Chair Jerome Powell has spoken about rate cuts as still being in the policy-setting playbook, but there is currently no eagerness to use […]
Warren Buffett Trims Apple, Bank of America Holdings in Q3; Adds New Stocks to Berkshire Portfolio
Warren Buffet’s Berkshire Hathaway released its Q3 portfolio maneuvers, which include selling down its stakes in technology giant Apple and Bank of America, as well […]
Amazon Shuts Down Secret Project to Develop Fertility Tracker
Amazon has quietly discontinued a secret project aimed at developing a wearable fertility tracker, halting efforts to enter the highly competitive fertility technology market. The […]
7-Eleven Owner Explores Going Private in Japan’s Largest $58 Billion Buyout
The parent company of 7-Eleven, Seven & i Holdings, is considering going private in a monumental $58 billion buyout, potentially marking Japan’s largest-ever leveraged buyout […]
Volkswagen Announces $5.8 Billion Partnership with Tesla Rival Rivian
Volkswagen (VW) announced a huge $5.8 billion partnership with US electric vehicle startup Rivian, a rival to Tesla. The groundbreaking alliance will accelerate both firms’ […]
OpenAI Co-Founder Greg Brockman Returns After Three-Month Leave
Co-founder and Chairman of OpenAI, Gregory Brockman, is back at work has been on leave for three months to continue his leadership at this significant […]
Apple’s Future Focuses on Smaller Innovations Over Next Big Product
Now, from this company that just transformed the world of devices with some pioneering innovation, one is moving away from big-bang innovations and is instead […]