Federal Reserve Chairman Jerome Powell talked of the central bank’s non-hurry in the effort to cut interest rates, highlighting the stable state of the U.S. […]
Category: Business
California’s High-Risk Insurer Secures $1 Billion Bailout Following Devastating Los Angeles Fires
California`s excessive-chance insurer of the remaining resort, the California FAIR Plan, has been granted a $1 billion bailout to assist in stabilizing the kingdom`s coverage […]
Meta Layoffs Shock Employees as ‘Strong Performers’ Claim Unfair Terminations
At the beginning of February 2025, Meta Platforms announced a wave of layoffs, which concerned as many as 4,000 employees, accounting for around 5% of […]
Elon Musk’s $97.4 Billion Bid for OpenAI Control
In a daring coup that has been the latest jolt in this high-stakes battle in artificial intelligence, Tesla CEO Elon Musk, backed by a group […]
San Francisco-based Hims & Hers Sparks Controversy with Super Bowl Ad
The San Francisco-based telehealth company Hims & Hers has raised a storm after its recent Super Bowl ad for compound weight-loss medications. The 60-second commercial […]
Starbucks Offers Free Coffee to Rewards Members on Monday, February 10
Starbucks is giving away a free tall (12-ounce) hot or iced brewed coffee to all members of the Starbucks Rewards program on Monday, February 10, […]
Amazon Commits to $100 Billion Investment in AI for 2025
Amazon has recently pledged a large-scale investment, of over $100 billion in capital expenditures by the end of 2025. The lion’s share will focus on […]
Honeywell to Break Into Three Companies, With Significant Operations in Twin Cities
Honeywell Inc. of Morris Township, N.J., the multinational conglomerate known for technology leadership and innovative manufacturing, is making big leaps forward by declaring it will […]
Google Ends Diversity Hiring Goals Amid Federal Policy Changes
In a major policy reversal, Google stated that it is eliminating its diversity, equity, and inclusion (DEI) hiring goals, consistent with new federal guidelines pursued […]
Trump Closes Trade Loophole, but Shein and Temu Were Already Prepared
As one of his recent measures, President Donald Trump closed a trade loophole that had allowed e-commerce giants such as Shein and Temu to send […]