Boeing is laying off nearly 400 workers in Washington State as the aerospace giant continues to face operational challenges and restructuring within its workforce. The […]
Category: Business
Gallagher Set to Ramp Up M&A Deals After AssuredPartners Purchase
Gallagher, an international insurance brokerage and risk management business, is now set to increase M&A deal flow after it completed the acquisition of United States […]
Apple Tops the List of Best-Managed Companies of 2024
Apple Inc. was recognized as the best-managed company of 2024, retaining its leadership in innovation, financial performance, and corporate strategy. The ranking put the technology […]
$256 Million Powerball Jackpot Won in New York; Ninth Powerball Jackpot of the Year
One in New York has won an incredible $256 million—the latest Powerball prize. The jackpot was the ninth to be won in the Powerball this […]
Lilly Invests $3 Billion to Expand Wisconsin Plant as Obesity Drug Demand Soars
In a major move to capitalize on the growing demand for obesity treatments, Eli Lilly has announced a $3 billion investment to expand its manufacturing […]
Anthem Blue Cross Blue Shield Halts Anesthesia Payment Policy After Backlash
Anthem Blue Cross Blue Shield has reversed a controversial policy that would have significantly reduced payments for anesthesia services, following intense backlash from medical professionals, […]
JetBlue Cuts More Unprofitable Routes, Tweaks Europe Flights Amid Cost-Cutting Strategy
The company has declared another wave of optimizations in the flight schedule; more routes are to be shut down and the European service is to […]
Bitcoin Hits $100,000 as Hopes for Trump Era Surge Amid Economic Uncertainty
Bitcoin charges ahead to $100,000 plus, and investors seem to be encouraged by recent inklings of a Trump 2024. This unprecedented spike in the global […]
Founder of Failed Crypto Lending Platform Celsius Network Pleads Guilty to Fraud Charges
The founder of the now-defunct cryptocurrency lending platform, Celsius Network, has (quite dramatically) admitted guilt to fraud charges, marking a pivotal legal turning point for […]
Intel Shares Slide After CEO Gelsinger’s Exit Leaves Chipmaker Without a ‘Quick Fix’
Intel’s stock plummeted in the surprise announcement of CEO Pat Gelsinger’s departure, raising concerns over the company’s leadership and its ability to sort out its […]