Macy’s has said that it will delay its third-quarter earnings release following an investigation into $1.3m of ‘improper’ accounting by a staff member. The retail […]
Category: Business
Walmart Rolls Back DEI Initiatives Amid Growing Pressure
Walmart has recently reduced focus on diversity, equity, and inclusion, DEI efforts – this decision comes as the largest American private employer faces growing activist, […]
U.S. Expected to Reduce Intel’s $8.5 Billion Federal Chips Grant Below $8 Billion
It is said that the US administration is threatening to cut Intel’s $8.5 billion federal chips subsidy below $8 billion, due to the ongoing review […]
Black Friday Has Evolved: From Extreme Crowds to Online Deals
What used to be associated with Black Friday as the large number of people and frantic buying has changed in recent years. This year, the […]
SEC Chair Gary Gensler to Step Down Jan. 20, Paving Way for Trump-Appointed Successor
After January 20, Securities and Exchange Commission Chairman Gary Gensler will officially step down, and a replacement appointed by former President Donald Trump will take […]
DOJ vs. Google: Antitrust Battle Heats Up, Alphabet’s Stock Takes a Hit
One of the biggest antitrust cases in the United States involving the Department of Justice and Google has reached a decisive stage that is creating […]
U.S. Plans to Propose Breakup of Google to Address Search Monopoly
Recently the United States government has indicated that it is planning to make a suggestion of breaking up Google to curb what it considers dominance […]
Hoth Therapeutics and Acurx Pharmaceuticals Allocate $1M to Bitcoin as Treasury Asset
Biotechnology companies Hoth Therapeutics and Acurx Pharmaceuticals will be teaming up to put $1 million of their treasury funds into Bitcoin. This is a growing […]
Saint Laurent and Balenciaga Appoints New CEOs Amid Industry Shakeup
Into the C-suite: Kering Group-owned luxury fashion houses Saint Laurent and Balenciaga are both naming new CEOs as part of a strategic leadership revamp. This […]
Nokia Shares Slump Amid Analyst Prediction That T-Mobile May Drop Supplier
Even in February it has been cut 12 percent after an analyst report indicates that one of Nokia’s largest customers, T-Mobile, has snapped buying from […]